Exxon Mobil Co. (NYSE:XOM) Shares Acquired by Rathbones Group PLC

Rathbones Group PLC raised its stake in Exxon Mobil Co. (NYSE:XOM - Free Report) by 6.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 328,287 shares of the oil and gas company's stock after purchasing an additional 19,093 shares during the quarter. Rathbones Group PLC's holdings in Exxon Mobil were worth $35,314,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Rockline Wealth Management LLC boosted its holdings in Exxon Mobil by 6.1% in the 4th quarter. Rockline Wealth Management LLC now owns 25,918 shares of the oil and gas company's stock worth $2,788,000 after acquiring an additional 1,498 shares during the period. Renasant Bank boosted its stake in shares of Exxon Mobil by 5.0% in the fourth quarter. Renasant Bank now owns 10,369 shares of the oil and gas company's stock valued at $1,115,000 after purchasing an additional 493 shares during the period. Helen Stephens Group LLC boosted its stake in shares of Exxon Mobil by 7.3% in the fourth quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company's stock valued at $4,479,000 after purchasing an additional 2,825 shares during the period. Hartford Funds Management Co LLC acquired a new stake in Exxon Mobil during the 4th quarter valued at $543,000. Finally, Coldstream Capital Management Inc. increased its stake in Exxon Mobil by 13.7% during the 3rd quarter. Coldstream Capital Management Inc. now owns 135,660 shares of the oil and gas company's stock worth $15,936,000 after buying an additional 16,392 shares during the period. Institutional investors and hedge funds own 61.80% of the company's stock.

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Exxon Mobil Stock Performance

Shares of Exxon Mobil stock traded up $2.73 on Friday, reaching $102.66. 9,915,617 shares of the company were exchanged, compared to its average volume of 15,962,188. The firm has a market cap of $445.45 billion, a price-to-earnings ratio of 13.01, a P/E/G ratio of 3.02 and a beta of 0.61. Exxon Mobil Co. has a 1-year low of $97.80 and a 1-year high of $126.34. 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's 50-day moving average is $110.47 and its two-hundred day moving average is $113.27.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued 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 return on equity of 12.92% and a net margin of 9.63%. During the same period last year, the business earned $2.48 earnings per share. As a group, research analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were given a $0.99 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.86%. Exxon Mobil's dividend payout ratio is presently 50.51%.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the company'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 represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.03% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on XOM shares. Bernstein Bank raised their target price on Exxon Mobil from $138.00 to $144.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. UBS Group lowered their price objective on Exxon Mobil from $146.00 to $135.00 and set a "buy" rating for the company in a research note on Monday. Wells Fargo & Company dropped their price objective on Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating on the stock in a report on Monday, February 3rd. Barclays reduced their target price on Exxon Mobil from $137.00 to $135.00 and set an "overweight" rating for the company in a research note on Tuesday, March 18th. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $115.00 price target on shares of Exxon Mobil in a research note on Monday, February 3rd. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, Exxon Mobil currently has an average rating of "Moderate Buy" and an average price target of $128.20.

Exxon Mobil Company 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.