Exxon Mobil Co. (NYSE:XOM) Shares Bought by Waters Parkerson & CO. LLC

Waters Parkerson & CO. LLC increased its holdings in Exxon Mobil Co. (NYSE:XOMFree Report) by 0.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 264,208 shares of the oil and gas company’s stock after purchasing an additional 1,889 shares during the period. Exxon Mobil accounts for 1.9% of Waters Parkerson & CO. LLC’s investment portfolio, making the stock its 20th biggest position. Waters Parkerson & CO. LLC’s holdings in Exxon Mobil were worth $31,066,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Alliance Wealth Advisors LLC UT grew its position in shares of Exxon Mobil by 4.9% in the third quarter. Alliance Wealth Advisors LLC UT now owns 24,615 shares of the oil and gas company’s stock valued at $2,894,000 after purchasing an additional 1,160 shares during the period. Vectors Research Management LLC boosted its holdings in Exxon Mobil by 8.3% in the third quarter. Vectors Research Management LLC now owns 33,498 shares of the oil and gas company’s stock valued at $3,939,000 after acquiring an additional 2,570 shares during the last quarter. Hunter Associates Investment Management LLC boosted its holdings in Exxon Mobil by 2.2% in the third quarter. Hunter Associates Investment Management LLC now owns 50,509 shares of the oil and gas company’s stock valued at $5,944,000 after acquiring an additional 1,075 shares during the last quarter. Ritter Daniher Financial Advisory LLC DE boosted its holdings in Exxon Mobil by 3.0% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 6,819 shares of the oil and gas company’s stock valued at $802,000 after acquiring an additional 200 shares during the last quarter. Finally, Roffman Miller Associates Inc. PA boosted its holdings in Exxon Mobil by 3.3% in the third quarter. Roffman Miller Associates Inc. PA now owns 34,463 shares of the oil and gas company’s stock valued at $4,052,000 after acquiring an additional 1,099 shares during the last quarter. Hedge funds and other institutional investors own 58.53% of the company’s stock.

Exxon Mobil Stock Up 0.8 %

Exxon Mobil stock traded up $0.86 during midday trading on Monday, hitting $102.63. The stock had a trading volume of 1,172,668 shares, compared to its average volume of 18,622,135. The company has a current ratio of 1.48, a quick ratio of 1.09 and a debt-to-equity ratio of 0.18. The stock has a market cap of $406.71 billion, a P/E ratio of 11.45, a P/E/G ratio of 3.61 and a beta of 0.97. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $120.70. The business has a fifty day moving average price of $100.75 and a 200 day moving average price of $106.36.

Exxon Mobil (NYSE:XOMGet Free Report) last posted its earnings results on Friday, February 2nd. The oil and gas company reported $2.48 EPS for the quarter, beating the consensus estimate of $2.20 by $0.28. The company had revenue of $84.34 billion during the quarter, compared to analyst estimates of $90.03 billion. Exxon Mobil had a return on equity of 18.51% and a net margin of 10.45%. The business’s revenue was down 11.6% compared to the same quarter last year. During the same period in the prior year, the company earned $3.40 earnings per share. Research analysts predict that Exxon Mobil Co. will post 9.39 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 11th. Stockholders of record on Wednesday, February 14th will be issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.70%. The ex-dividend date is Tuesday, February 13th. Exxon Mobil’s dividend payout ratio (DPR) is presently 42.74%.

Wall Street Analysts Forecast Growth

XOM has been the topic of a number of research analyst reports. Royal Bank of Canada reiterated a “sector perform” rating and issued a $120.00 target price on shares of Exxon Mobil in a report on Monday, February 5th. Redburn Atlantic upgraded Exxon Mobil from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $116.00 to $119.00 in a research note on Tuesday, January 9th. Sanford C. Bernstein assumed coverage on Exxon Mobil in a research note on Tuesday, October 17th. They set an “outperform” rating and a $140.00 price objective on the stock. Erste Group Bank restated a “hold” rating on shares of Exxon Mobil in a research note on Friday, December 22nd. Finally, Mizuho cut Exxon Mobil from a “buy” rating to a “neutral” rating and set a $117.00 price objective on the stock. in a research note on Wednesday, January 3rd. Nine equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $127.53.

Read Our Latest Research Report on Exxon Mobil

Insider Activity

In other news, Director Jeffrey W. Ubben sold 2,077,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $104.06, for a total transaction of $216,132,620.00. Following the completion of the transaction, the director now directly owns 13,000 shares of the company’s stock, valued at $1,352,780. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, VP Leonard M. Fox sold 12,000 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $102.65, for a total transaction of $1,231,800.00. Following the completion of the transaction, the vice president now directly owns 220,678 shares in the company, valued at $22,652,596.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jeffrey W. Ubben sold 2,077,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $104.06, for a total value of $216,132,620.00. Following the transaction, the director now owns 13,000 shares of the company’s stock, valued at $1,352,780. The disclosure for this sale can be found here. Corporate insiders own 0.04% of the company’s stock.

About Exxon Mobil

(Free Report)

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.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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