Rogco LP Has $172,000 Stock Position in Exxon Mobil Co. (NYSE:XOM)

Rogco LP trimmed its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 5.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,597 shares of the oil and gas company’s stock after selling 95 shares during the quarter. Rogco LP’s holdings in Exxon Mobil were worth $172,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Exxon Mobil by 8.3% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 131,683 shares of the oil and gas company’s stock valued at $15,436,000 after acquiring an additional 10,075 shares during the last quarter. Plimoth Trust Co. LLC raised its stake in shares of Exxon Mobil by 11.6% in the third quarter. Plimoth Trust Co. LLC now owns 48,827 shares of the oil and gas company’s stock valued at $5,724,000 after acquiring an additional 5,057 shares during the last quarter. Community Financial Services Group LLC raised its stake in shares of Exxon Mobil by 1.9% in the third quarter. Community Financial Services Group LLC now owns 168,384 shares of the oil and gas company’s stock valued at $19,738,000 after acquiring an additional 3,113 shares during the last quarter. Evernest Financial Advisors LLC raised its stake in shares of Exxon Mobil by 59.6% in the third quarter. Evernest Financial Advisors LLC now owns 13,764 shares of the oil and gas company’s stock valued at $1,613,000 after acquiring an additional 5,139 shares during the last quarter. Finally, Roof Eidam Maycock Peralta LLC raised its stake in shares of Exxon Mobil by 3.3% in the third quarter. Roof Eidam Maycock Peralta LLC now owns 13,043 shares of the oil and gas company’s stock valued at $1,529,000 after acquiring an additional 420 shares during the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

XOM has been the subject of a number of research analyst reports. Morgan Stanley lifted their target price on shares of Exxon Mobil from $139.00 to $140.00 in a research note on Friday, January 31st. Scotiabank dropped their price objective on shares of Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. Wells Fargo & Company dropped their price objective on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a research report on Monday, February 3rd. The Goldman Sachs Group dropped their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $115.00 price objective on shares of Exxon Mobil in a research report on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Exxon Mobil presently has a consensus rating of “Moderate Buy” and an average price target of $129.25.

Exxon Mobil Price Performance

Shares of XOM stock opened at $110.30 on Thursday. Exxon Mobil Co. has a 12-month low of $102.64 and a 12-month high of $126.34. The firm has a market capitalization of $484.76 billion, a price-to-earnings ratio of 14.07, a price-to-earnings-growth ratio of 2.91 and a beta of 0.89. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The firm has a fifty day moving average of $108.60 and a 200-day moving average of $114.53.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same quarter last year, the business posted $2.48 earnings per share. On average, equities research analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be issued a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.59%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is 50.51%.

Insider Activity

In other news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the transaction, the vice president now owns 18,087 shares of the company’s stock, valued at $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.03% of the stock is owned by company insiders.

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.