Krilogy Financial LLC Has $2.13 Million Holdings in Exxon Mobil Co. (NYSE:XOM)

Krilogy Financial LLC lessened its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 13.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 19,830 shares of the oil and gas company's stock after selling 3,075 shares during the quarter. Krilogy Financial LLC's holdings in Exxon Mobil were worth $2,133,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of XOM. FMR LLC lifted its stake in Exxon Mobil by 0.3% in the third quarter. FMR LLC now owns 151,863,649 shares of the oil and gas company's stock valued at $17,801,457,000 after buying an additional 395,218 shares during the period. Geode Capital Management LLC raised its position in shares of Exxon Mobil by 1.8% in the 3rd quarter. Geode Capital Management LLC now owns 92,194,981 shares of the oil and gas company's stock valued at $10,777,735,000 after acquiring an additional 1,622,064 shares during the period. Legal & General Group Plc boosted its stake in Exxon Mobil by 19.3% during the 2nd quarter. Legal & General Group Plc now owns 32,308,002 shares of the oil and gas company's stock worth $3,719,296,000 after acquiring an additional 5,235,607 shares during the last quarter. Franklin Resources Inc. grew its holdings in 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 valued at $3,936,929,000 after purchasing an additional 4,415,012 shares during the period. Finally, 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 in the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Morgan Stanley lowered their target price on Exxon Mobil from $142.00 to $140.00 in a research note on Thursday, October 31st. Scotiabank raised shares of Exxon Mobil from a "sector perform" rating to a "sector outperform" rating and boosted their price objective for the stock from $129.00 to $145.00 in a research report on Thursday, October 10th. Piper Sandler decreased their target price on shares of Exxon Mobil from $138.00 to $127.00 and set an "overweight" rating for the company in a research report on Thursday, December 19th. Royal Bank of Canada restated a "sector perform" rating and set a $115.00 price objective on shares of Exxon Mobil in a research note on Thursday, December 12th. Finally, Wolfe Research lifted their target price on Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $128.84.

Exxon Mobil Price Performance

NYSE:XOM traded up $1.05 on Monday, hitting $112.37. The company had a trading volume of 19,228,798 shares, compared to its average volume of 13,346,318. Exxon Mobil Co. has a 52 week low of $95.77 and a 52 week high of $126.34. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $493.89 billion, a price-to-earnings ratio of 13.99, a PEG ratio of 2.70 and a beta of 0.91. The firm has a 50 day moving average of $112.56 and a two-hundred day moving average of $115.51.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating analysts' consensus estimates of $1.91 by $0.01. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The firm had revenue of $90.02 billion for the quarter, compared to analyst estimates of $93.98 billion. During the same period last year, the firm posted $2.27 earnings per share. The business's revenue for the quarter was down .8% on a year-over-year basis. On average, research analysts anticipate that Exxon Mobil Co. will post 7.86 earnings per share for the current year.

Exxon Mobil Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were given a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.52%. This is an increase from Exxon Mobil's previous quarterly dividend of $0.95. The ex-dividend date was Thursday, November 14th. Exxon Mobil's dividend payout ratio (DPR) is 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.