Caprock Group LLC Has $13.44 Million Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Caprock Group LLC raised its position in Exxon Mobil Co. (NYSE:XOM - Free Report) by 12.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,614 shares of the oil and gas company's stock after purchasing an additional 12,942 shares during the quarter. Caprock Group LLC's holdings in Exxon Mobil were worth $13,435,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD raised its holdings in Exxon Mobil by 6.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 45,161,783 shares of the oil and gas company's stock valued at $5,249,607,000 after buying an additional 2,676,652 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Exxon Mobil by 11.3% during the second quarter. Bank of New York Mellon Corp now owns 40,312,338 shares of the oil and gas company's stock worth $4,640,756,000 after purchasing an additional 4,080,716 shares during the period. Dimensional Fund Advisors LP grew its holdings in Exxon Mobil by 16.9% during the second quarter. Dimensional Fund Advisors LP now owns 36,794,077 shares of the oil and gas company's stock valued at $4,235,972,000 after purchasing an additional 5,330,887 shares during the last quarter. Legal & General Group Plc raised its position in shares of Exxon Mobil by 19.3% in the second quarter. Legal & General Group Plc now owns 32,308,002 shares of the oil and gas company's stock valued at $3,719,296,000 after purchasing an additional 5,235,607 shares during the period. Finally, Capital International Investors lifted its stake in shares of Exxon Mobil by 25.1% in the first 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 during the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Price Performance

Shares of XOM traded down $1.71 during trading hours on Tuesday, hitting $118.60. The stock had a trading volume of 11,579,403 shares, compared to its average volume of 16,304,970. The stock has a market capitalization of $521.26 billion, a price-to-earnings ratio of 14.77, a P/E/G ratio of 5.00 and a beta of 0.90. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. The company's fifty day moving average is $118.75 and its two-hundred day moving average is $116.44. Exxon Mobil Co. has a 52 week low of $95.77 and a 52 week high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.01. The company had revenue of $90.02 billion during the quarter, compared to analyst estimates of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The company's revenue was down .8% on a year-over-year basis. During the same quarter last year, the business posted $2.27 earnings per share. On average, analysts anticipate that Exxon Mobil Co. will post 7.95 EPS for the current year.

Exxon Mobil Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th will be issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.34%. The ex-dividend date of this dividend is Thursday, November 14th. This is a boost from Exxon Mobil's previous quarterly dividend of $0.95. Exxon Mobil's dividend payout ratio is presently 49.32%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on XOM shares. Bank of America began coverage on shares of Exxon Mobil in a report on Thursday, October 17th. They issued a "neutral" rating and a $124.00 target price on the stock. Wells Fargo & Company increased their target price on Exxon Mobil from $135.00 to $136.00 and gave the company an "overweight" rating in a research note on Friday, September 27th. Evercore ISI raised Exxon Mobil to a "strong-buy" rating in a research report on Monday, August 5th. The Goldman Sachs Group increased their price objective on Exxon Mobil from $118.00 to $120.00 in a research report on Thursday, October 31st. Finally, Morgan Stanley dropped their target price on shares of Exxon Mobil from $142.00 to $140.00 in a research report on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Exxon Mobil currently has an average rating of "Moderate Buy" and a consensus price target of $130.21.

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.