Knights of Columbus Asset Advisors LLC Boosts Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Knights of Columbus Asset Advisors LLC grew its position in Exxon Mobil Co. (NYSE:XOM - Free Report) by 0.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 246,449 shares of the oil and gas company's stock after buying an additional 2,208 shares during the period. Exxon Mobil makes up about 1.7% of Knights of Columbus Asset Advisors LLC's investment portfolio, making the stock its 4th largest holding. Knights of Columbus Asset Advisors LLC's holdings in Exxon Mobil were worth $26,511,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. FMR LLC raised its position in Exxon Mobil by 0.3% in the 3rd quarter. FMR LLC now owns 151,863,649 shares of the oil and gas company's stock worth $17,801,457,000 after buying an additional 395,218 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Exxon Mobil by 1.8% in 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 acquiring an additional 1,622,064 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Exxon Mobil by 14.4% during the fourth quarter. Bank of New York Mellon Corp now owns 43,983,110 shares of the oil and gas company's stock valued at $4,731,263,000 after purchasing an additional 5,538,694 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Exxon Mobil by 2.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 31,860,532 shares of the oil and gas company's stock valued at $3,427,237,000 after purchasing an additional 700,415 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in Exxon Mobil by 16.3% in 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 purchasing an additional 4,415,012 shares during the last quarter. Institutional investors own 61.80% of the company's stock.

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Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the firm's stock in a transaction dated 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 sale, the vice president now owns 18,087 shares of the company's stock, valued at $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.03% of the stock is owned by corporate insiders.

Exxon Mobil Trading Up 0.7 %

NYSE XOM traded up $0.81 during trading hours on Tuesday, hitting $116.61. 12,080,693 shares of the company were exchanged, compared to its average volume of 14,963,363. Exxon Mobil Co. has a 52 week low of $103.67 and a 52 week high of $126.34. 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 stock has a 50-day moving average price of $110.36 and a 200 day moving average price of $113.61. The stock has a market cap of $505.99 billion, a PE ratio of 14.87, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its 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 posted $2.48 EPS. Analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were issued a $0.99 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $3.96 annualized dividend and a dividend yield of 3.40%. Exxon Mobil's dividend payout ratio (DPR) is presently 50.51%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Mizuho lowered their price target on Exxon Mobil from $137.00 to $134.00 and set a "neutral" rating on the stock in a report on Monday, December 16th. Royal Bank of Canada reissued a "sector perform" rating and issued a $115.00 target price on shares of Exxon Mobil in a report on Monday, February 3rd. TD Cowen reduced their price target on shares of Exxon Mobil from $132.00 to $128.00 and set a "buy" rating for the company in a research report on Monday, December 16th. JPMorgan Chase & Co. dropped their price objective on shares of Exxon Mobil from $130.00 to $125.00 and set an "overweight" rating on the stock in a report on Monday, December 16th. Finally, The Goldman Sachs Group lowered their price objective on Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a research report on Friday, January 31st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $129.15.

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.