ST Germain D J Co. Inc. Increases Stock Position in Exxon Mobil Co. (NYSE:XOM)

ST Germain D J Co. Inc. lifted its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 23.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 203,211 shares of the oil and gas company's stock after acquiring an additional 38,235 shares during the quarter. Exxon Mobil accounts for 1.0% of ST Germain D J Co. Inc.'s holdings, making the stock its 23rd biggest position. ST Germain D J Co. Inc.'s holdings in Exxon Mobil were worth $21,859,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in XOM. Global Wealth Management Investment Advisory Inc. increased its holdings in shares of Exxon Mobil by 10.7% during the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 47,195 shares of the oil and gas company's stock valued at $5,532,000 after purchasing an additional 4,578 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in Exxon Mobil by 79.4% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 859,226 shares of the oil and gas company's stock valued at $98,914,000 after buying an additional 380,399 shares during the period. Blair William & Co. IL increased its holdings in Exxon Mobil by 64.6% in the second quarter. Blair William & Co. IL now owns 967,618 shares of the oil and gas company's stock valued at $111,392,000 after buying an additional 379,747 shares in the last quarter. Massmutual Trust Co. FSB ADV raised its position in shares of Exxon Mobil by 4.7% in the third quarter. Massmutual Trust Co. FSB ADV now owns 133,140 shares of the oil and gas company's stock worth $15,607,000 after acquiring an additional 5,985 shares during the period. Finally, Brooklyn Investment Group boosted its stake in shares of Exxon Mobil by 36.8% during the 3rd quarter. Brooklyn Investment Group now owns 25,127 shares of the oil and gas company's stock worth $2,945,000 after acquiring an additional 6,753 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

Exxon Mobil Trading Down 0.4 %

Shares of NYSE XOM traded down $0.39 during trading on Friday, hitting $106.54. 19,299,174 shares of the company were exchanged, compared to its average volume of 15,308,237. The company has a fifty day moving average price of $113.49 and a 200-day moving average price of $115.64. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. The firm has a market capitalization of $468.25 billion, a PE ratio of 13.27, a P/E/G ratio of 4.65 and a beta of 0.91. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, topping analysts' consensus estimates of $1.91 by $0.01. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The company had revenue of $90.02 billion for the quarter, compared to the consensus estimate of $93.98 billion. During the same period in the previous year, the firm earned $2.27 earnings per share. Exxon Mobil's quarterly revenue was down .8% compared to the same quarter last year. As a group, equities research analysts expect that Exxon Mobil Co. will post 7.95 EPS for the current year.

Exxon Mobil Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were given a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 3.72%. This is a positive change from Exxon Mobil's previous quarterly dividend of $0.95. The ex-dividend date of this dividend was Thursday, November 14th. Exxon Mobil's dividend payout ratio is presently 49.32%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Morgan Stanley cut their price target on Exxon Mobil from $142.00 to $140.00 in a research note on Thursday, October 31st. JPMorgan Chase & Co. reduced their target price on Exxon Mobil from $130.00 to $125.00 and set an "overweight" rating for the company in a research note on Monday, December 16th. The Goldman Sachs Group lifted their price target on shares of Exxon Mobil from $118.00 to $120.00 in a research note on Thursday, October 31st. Barclays reduced their price objective on shares of Exxon Mobil from $142.00 to $137.00 and set an "overweight" rating for the company in a research report on Thursday, October 3rd. Finally, BNP Paribas lowered shares of Exxon Mobil from a "neutral" rating to an "underperform" rating and set a $105.00 target price on the stock. in a research report on Wednesday, October 9th. One analyst has rated the stock with a sell rating, seven have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $128.74.

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.