Exxon Mobil Co. (NYSE:XOM) Shares Purchased by Community Bank & Trust Waco Texas

Community Bank & Trust Waco Texas raised its position in Exxon Mobil Co. (NYSE:XOM) by 8.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 85,513 shares of the oil and gas company’s stock after acquiring an additional 6,788 shares during the quarter. Exxon Mobil makes up about 2.4% of Community Bank & Trust Waco Texas’ investment portfolio, making the stock its 6th largest holding. Community Bank & Trust Waco Texas’ holdings in Exxon Mobil were worth $9,844,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in XOM. Carmel Capital Partners LLC raised its position in shares of Exxon Mobil by 1.0% in the first quarter. Carmel Capital Partners LLC now owns 8,796 shares of the oil and gas company’s stock valued at $1,022,000 after purchasing an additional 86 shares during the period. Integral Investment Advisors Inc. raised its position in shares of Exxon Mobil by 2.1% in the second quarter. Integral Investment Advisors Inc. now owns 4,207 shares of the oil and gas company’s stock valued at $483,000 after purchasing an additional 87 shares during the period. Mascoma Wealth Management LLC raised its position in shares of Exxon Mobil by 7.0% in the second quarter. Mascoma Wealth Management LLC now owns 1,343 shares of the oil and gas company’s stock valued at $155,000 after purchasing an additional 88 shares during the period. PFS Partners LLC raised its position in shares of Exxon Mobil by 0.5% in the first quarter. PFS Partners LLC now owns 18,836 shares of the oil and gas company’s stock valued at $2,190,000 after purchasing an additional 89 shares during the period. Finally, WPWealth LLP raised its position in shares of Exxon Mobil by 1.0% in the first quarter. WPWealth LLP now owns 8,701 shares of the oil and gas company’s stock valued at $1,011,000 after purchasing an additional 90 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Trading Down 0.4 %

XOM opened at $112.70 on Friday. The company’s 50 day moving average is $115.94 and its 200-day moving average is $114.72. The company has a current ratio of 1.36, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $123.75. The company has a market cap of $444.38 billion, a P/E ratio of 13.81, a PEG ratio of 4.70 and a beta of 0.91.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, August 2nd. The oil and gas company reported $2.14 EPS for the quarter, topping the consensus estimate of $2.04 by $0.10. Exxon Mobil had a net margin of 9.73% and a return on equity of 16.07%. The business had revenue of $93.06 billion for the quarter, compared to the consensus estimate of $90.09 billion. During the same period last year, the company earned $1.94 EPS. The firm’s revenue was up 12.2% compared to the same quarter last year. Equities research analysts predict that Exxon Mobil Co. will post 8.37 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 10th. Investors of record on Thursday, August 15th will be given a dividend of $0.95 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $3.80 annualized dividend and a yield of 3.37%. Exxon Mobil’s dividend payout ratio is presently 46.57%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on XOM. Truist Financial dropped their price objective on shares of Exxon Mobil from $124.00 to $121.00 and set a “hold” rating on the stock in a research report on Monday, July 22nd. Morgan Stanley reissued an “overweight” rating and issued a $145.00 price objective on shares of Exxon Mobil in a research report on Wednesday, May 15th. Wells Fargo & Company dropped their price objective on shares of Exxon Mobil from $139.00 to $135.00 and set an “overweight” rating on the stock in a research report on Monday, August 5th. UBS Group raised their price target on shares of Exxon Mobil from $156.00 to $157.00 and gave the stock a “buy” rating in a research report on Tuesday, August 20th. Finally, Mizuho raised their price target on shares of Exxon Mobil from $125.00 to $128.00 and gave the stock a “neutral” rating in a research report on Monday, May 13th. Seven research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $136.29.

Exxon Mobil Company Profile

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.