Sunflower Bank N.A. Buys 964 Shares of Exxon Mobil Co. (NYSE:XOM)

Sunflower Bank N.A. lifted its position in Exxon Mobil Co. (NYSE:XOM) by 4.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 25,179 shares of the oil and gas company’s stock after purchasing an additional 964 shares during the quarter. Exxon Mobil accounts for approximately 0.8% of Sunflower Bank N.A.’s holdings, making the stock its 13th biggest holding. Sunflower Bank N.A.’s holdings in Exxon Mobil were worth $2,709,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Burns J W & Co. Inc. NY increased its holdings in shares of Exxon Mobil by 0.6% during the fourth quarter. Burns J W & Co. Inc. NY now owns 38,194 shares of the oil and gas company’s stock worth $4,109,000 after buying an additional 243 shares in the last quarter. Davis Investment Partners LLC grew its position in Exxon Mobil by 7.9% during the 4th quarter. Davis Investment Partners LLC now owns 29,560 shares of the oil and gas company’s stock worth $3,149,000 after acquiring an additional 2,170 shares during the last quarter. Elevated Capital Advisors LLC increased its holdings in Exxon Mobil by 28.4% during the 4th quarter. Elevated Capital Advisors LLC now owns 16,639 shares of the oil and gas company’s stock valued at $1,790,000 after purchasing an additional 3,678 shares in the last quarter. Bar Harbor Wealth Management raised its position in Exxon Mobil by 0.5% in the 4th quarter. Bar Harbor Wealth Management now owns 234,663 shares of the oil and gas company’s stock valued at $25,243,000 after purchasing an additional 1,098 shares during the last quarter. Finally, Persium Advisors LLC acquired a new position in Exxon Mobil in the fourth quarter worth $610,000. 61.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

XOM has been the subject of a number of research analyst reports. Barclays cut their price target on Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating for the company in a report on Thursday, October 3rd. BNP Paribas lowered shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 target price on the stock. in a research report on Wednesday, October 9th. Truist Financial raised their price target on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a report on Monday. Mizuho reduced their price objective on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Finally, Morgan Stanley lowered their target price on Exxon Mobil from $142.00 to $140.00 in a research note on Thursday, October 31st. One analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Exxon Mobil presently has an average rating of “Moderate Buy” and a consensus price target of $128.84.

Exxon Mobil Stock Performance

Shares of XOM stock opened at $109.27 on Tuesday. The stock has a market cap of $480.25 billion, a PE ratio of 13.61, a price-to-earnings-growth ratio of 4.65 and a beta of 0.91. The stock has a 50-day moving average of $113.31 and a 200-day moving average of $115.61. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $126.34.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.91 by $0.01. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The firm had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.98 billion. During the same quarter in the prior year, the firm earned $2.27 earnings per share. The business’s quarterly revenue was down .8% on a year-over-year basis. As a group, sell-side analysts expect that Exxon Mobil Co. will post 7.95 earnings per share for the current year.

Exxon Mobil Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th were issued a dividend of $0.99 per share. The ex-dividend date was Thursday, November 14th. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a yield of 3.62%. Exxon Mobil’s payout ratio is currently 49.32%.

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.