Empower Advisory Group LLC Purchases 45,722 Shares of Exxon Mobil Co. (NYSE:XOM)

Empower Advisory Group LLC increased its stake in Exxon Mobil Co. (NYSE:XOM - Free Report) by 3.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,456,882 shares of the oil and gas company's stock after acquiring an additional 45,722 shares during the quarter. Empower Advisory Group LLC's holdings in Exxon Mobil were worth $156,717,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. FMR LLC boosted its position in shares of Exxon Mobil by 0.3% during the 3rd quarter. FMR LLC now owns 151,863,649 shares of the oil and gas company's stock valued at $17,801,457,000 after acquiring an additional 395,218 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Exxon Mobil by 1.8% during the third quarter. Geode Capital Management LLC now owns 92,194,981 shares of the oil and gas company's stock worth $10,777,735,000 after buying an additional 1,622,064 shares during the period. Franklin Resources Inc. increased its stake in shares of Exxon Mobil by 16.3% during the third quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company's stock worth $3,936,929,000 after buying an additional 4,415,012 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Exxon Mobil by 0.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 31,160,117 shares of the oil and gas company's stock valued at $3,652,589,000 after purchasing an additional 146,374 shares during the last quarter. Finally, Fisher Asset Management LLC raised its stake in Exxon Mobil by 3.4% during the 3rd quarter. Fisher Asset Management LLC now owns 29,197,557 shares of the oil and gas company's stock worth $3,422,538,000 after acquiring an additional 949,875 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the firm's stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the transaction, the vice president now owns 18,087 shares of the company's stock, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.03% of the stock is owned by insiders.

Exxon Mobil Stock Performance

Shares of NYSE:XOM traded down $1.33 on Friday, reaching $110.67. 14,676,984 shares of the company's stock were exchanged, compared to its average volume of 15,010,274. The firm has a market capitalization of $486.39 billion, a price-to-earnings ratio of 14.12, a PEG ratio of 2.97 and a beta of 0.89. Exxon Mobil Co. has a fifty-two week low of $102.88 and a fifty-two week high of $126.34. The business's 50-day moving average is $108.60 and its two-hundred day moving average is $114.52. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share 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 in the prior year, the business posted $2.48 EPS. As a group, equities research analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.58%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil's dividend payout ratio (DPR) is 50.51%.

Wall Street Analyst Weigh In

XOM has been the topic of several research reports. TD Cowen lowered their price objective on shares of Exxon Mobil from $132.00 to $128.00 and set a "buy" rating on the stock in a research report on Monday, December 16th. Wolfe Research lifted their target price on shares of Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. Argus raised shares of Exxon Mobil to a "strong-buy" rating in a research report on Tuesday, February 4th. JPMorgan Chase & Co. cut their price objective on shares of Exxon Mobil from $130.00 to $125.00 and set an "overweight" rating for the company in a research report on Monday, December 16th. Finally, HSBC cut their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating for the company in a research report on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $129.25.

About Exxon Mobil

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.