Exxon Mobil Co. (NYSE:XOM) Position Increased by Hills Bank & Trust Co

Hills Bank & Trust Co grew its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 2.1% during the second quarter, Holdings Channel reports. The firm owned 49,912 shares of the oil and gas company’s stock after purchasing an additional 1,047 shares during the period. Hills Bank & Trust Co’s holdings in Exxon Mobil were worth $5,746,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Exxon Mobil by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 388,543,396 shares of the oil and gas company’s stock valued at $38,846,569,000 after purchasing an additional 1,269,495 shares in the last quarter. Norges Bank bought a new stake in shares of Exxon Mobil during the fourth quarter valued at approximately $5,519,753,000. Price T Rowe Associates Inc. MD raised its position in Exxon Mobil by 6.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 45,161,783 shares of the oil and gas company’s stock worth $5,249,607,000 after purchasing an additional 2,676,652 shares during the last quarter. Capital International Investors lifted its holdings in Exxon Mobil by 25.1% during the 1st quarter. Capital International Investors now owns 27,511,952 shares of the oil and gas company’s stock worth $3,197,989,000 after buying an additional 5,523,429 shares in the last quarter. Finally, Capital Research Global Investors boosted its position in Exxon Mobil by 6.0% in the 4th quarter. Capital Research Global Investors now owns 18,388,299 shares of the oil and gas company’s stock valued at $1,838,462,000 after buying an additional 1,037,226 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

XOM has been the subject of several recent research reports. Wells Fargo & Company dropped their price objective on Exxon Mobil from $139.00 to $135.00 and set an “overweight” rating for the company in a report on Monday, August 5th. TD Cowen boosted their target price on Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. Sanford C. Bernstein reduced their price objective on shares of Exxon Mobil from $139.00 to $138.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 17th. Evercore ISI raised Exxon Mobil to a “strong-buy” rating in a research note on Monday, August 5th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $135.00 price objective on shares of Exxon Mobil in a research report on Tuesday, July 9th. Eight investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $134.56.

Exxon Mobil Price Performance

NYSE:XOM traded up $1.77 during trading hours on Monday, hitting $118.09. The company’s stock had a trading volume of 3,235,227 shares, compared to its average volume of 16,980,660. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06. The company has a market capitalization of $465.63 billion, a P/E ratio of 14.49, a PEG ratio of 4.51 and a beta of 0.91. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $123.75. The stock has a fifty day simple moving average of $115.14 and a 200-day simple moving average of $113.94.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, August 2nd. The oil and gas company reported $2.14 EPS for the quarter, beating the consensus estimate of $2.04 by $0.10. The business had revenue of $93.06 billion during the quarter, compared to the consensus estimate of $90.09 billion. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The firm’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.94 EPS. On average, analysts anticipate that Exxon Mobil Co. will post 8.65 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 10th. Shareholders of record on Thursday, August 15th will be given a $0.95 dividend. The ex-dividend date is Thursday, August 15th. This represents a $3.80 annualized dividend and a yield of 3.22%. Exxon Mobil’s dividend payout ratio is presently 46.57%.

Exxon Mobil 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.