KilterHowling LLC Acquires 3,131 Shares of Exxon Mobil Co. (NYSE:XOM)

KilterHowling LLC boosted its position in Exxon Mobil Co. (NYSE:XOM - Free Report) by 58.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 8,498 shares of the oil and gas company's stock after acquiring an additional 3,131 shares during the period. Exxon Mobil accounts for approximately 0.5% of KilterHowling LLC's portfolio, making the stock its 19th largest holding. KilterHowling LLC's holdings in Exxon Mobil were worth $912,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in XOM. Fairway Wealth LLC bought a new stake in shares of Exxon Mobil during the 4th quarter valued at about $31,000. Keystone Financial Group Inc. bought a new position in shares of Exxon Mobil in the fourth quarter worth approximately $36,000. Retirement Wealth Solutions LLC purchased a new stake in Exxon Mobil in the fourth quarter valued at approximately $46,000. Compass Planning Associates Inc bought a new stake in Exxon Mobil during the fourth quarter valued at approximately $47,000. Finally, Synergy Investment Management LLC purchased a new position in Exxon Mobil in the 4th quarter worth approximately $47,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently issued reports on XOM. 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 report on Friday, January 31st. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $115.00 price target on shares of Exxon Mobil in a research note on Monday, February 3rd. HSBC reduced their price objective on Exxon Mobil from $125.00 to $123.00 and set a "hold" rating on the stock in a research report on Friday, January 31st. Scotiabank dropped their target price on Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating for the company in a research report on Friday, April 11th. Finally, BMO Capital Markets cut their target price on Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating for the company in a research note on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Exxon Mobil has an average rating of "Moderate Buy" and a consensus target price of $126.75.

Exxon Mobil Stock Up 2.5 %

Shares of NYSE XOM traded up $2.65 during mid-day trading on Friday, hitting $106.84. 17,830,092 shares of the stock traded hands, compared to its average volume of 15,979,540. The stock has a fifty day moving average price of $109.92 and a 200-day moving average price of $112.90. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The company has a market cap of $462.12 billion, a price-to-earnings ratio of 13.63, a PEG ratio of 3.02 and a beta of 0.61. Exxon Mobil Co. has a 52 week low of $97.80 and a 52 week high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings results 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 period in the prior year, the company earned $2.48 EPS. Research analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were paid a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.71%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil's dividend payout ratio is currently 50.51%.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the business'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 completion of the transaction, the vice president now directly owns 18,087 shares of the company's stock, valued at $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.03% of the stock is currently owned by insiders.

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.