Exxon Mobil Co. (NYSE:XOM) Shares Acquired by Smith Moore & CO.

Smith Moore & CO. grew its position in Exxon Mobil Co. (NYSE:XOM - Free Report) by 12.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,497 shares of the oil and gas company's stock after buying an additional 5,052 shares during the quarter. Smith Moore & CO.'s holdings in Exxon Mobil were worth $4,787,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Principal Financial Group Inc. lifted its holdings in Exxon Mobil by 8.4% during the 3rd quarter. Principal Financial Group Inc. now owns 6,709,202 shares of the oil and gas company's stock worth $786,453,000 after buying an additional 521,932 shares in the last quarter. United Bank raised its stake in shares of Exxon Mobil by 3.7% in the third quarter. United Bank now owns 17,920 shares of the oil and gas company's stock valued at $2,101,000 after acquiring an additional 641 shares in the last quarter. Janus Henderson Group PLC grew its stake in Exxon Mobil by 12.8% during the 3rd quarter. Janus Henderson Group PLC now owns 577,032 shares of the oil and gas company's stock worth $67,631,000 after purchasing an additional 65,311 shares in the last quarter. Reynders McVeigh Capital Management LLC increased its holdings in Exxon Mobil by 38.2% during the 3rd quarter. Reynders McVeigh Capital Management LLC now owns 8,118 shares of the oil and gas company's stock worth $952,000 after purchasing an additional 2,242 shares during the period. Finally, Retirement Investment Advisors Inc. raised its position in Exxon Mobil by 0.4% in the 3rd quarter. Retirement Investment Advisors Inc. now owns 35,706 shares of the oil and gas company's stock valued at $4,185,000 after purchasing an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

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Exxon Mobil Stock Performance

Exxon Mobil stock traded down $8.26 during mid-day trading on Friday, reaching $104.17. 30,827,385 shares of the company were exchanged, compared to its average volume of 15,739,626. The firm's 50-day simple moving average is $111.16 and its two-hundred day simple moving average is $113.81. Exxon Mobil Co. has a twelve month low of $103.67 and a twelve month high of $126.34. The firm has a market cap of $452.01 billion, a PE ratio of 13.29, a price-to-earnings-growth ratio of 3.02 and a beta of 0.60. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing analysts' consensus estimates 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 quarter in the previous year, the company posted $2.48 EPS. Equities analysts predict that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil's dividend payout ratio is presently 50.51%.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the transaction, the vice president now owns 18,087 shares in the company, valued at approximately $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.03% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on XOM. Mizuho lowered their price objective on Exxon Mobil from $131.00 to $129.00 and set a "neutral" rating for the company in a research report on Thursday. The Goldman Sachs Group reduced their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. Scotiabank lowered their target price on shares of Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. TD Cowen cut their price target on Exxon Mobil from $132.00 to $128.00 and set a "buy" rating on the stock in a research note on Monday, December 16th. Finally, Barclays lowered their price objective on Exxon Mobil from $137.00 to $135.00 and set an "overweight" rating for the company in a research report on Tuesday, March 18th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $128.80.

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.