Robeco Institutional Asset Management B.V. Has $181.54 Million Stake in ExxonMobil Corporation $XOM

Robeco Institutional Asset Management B.V. increased its holdings in shares of ExxonMobil Corporation (NYSE:XOMFree Report) by 9.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,508,582 shares of the oil and gas company’s stock after acquiring an additional 132,439 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in ExxonMobil were worth $181,543,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in XOM. Franklin Resources Inc. boosted its holdings in ExxonMobil by 7.4% during the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock worth $4,366,655,000 after purchasing an additional 2,660,910 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in ExxonMobil by 218.4% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,380,899 shares of the oil and gas company’s stock worth $155,696,000 after purchasing an additional 2,546,791 shares during the last quarter. AQR Capital Management LLC boosted its holdings in ExxonMobil by 105.4% during the third quarter. AQR Capital Management LLC now owns 2,925,026 shares of the oil and gas company’s stock worth $329,797,000 after purchasing an additional 1,501,235 shares during the last quarter. Bessemer Group Inc. boosted its holdings in ExxonMobil by 119.4% during the third quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company’s stock worth $301,310,000 after purchasing an additional 1,454,308 shares during the last quarter. Finally, Legal & General Group Plc boosted its holdings in ExxonMobil by 4.5% during the third quarter. Legal & General Group Plc now owns 20,396,334 shares of the oil and gas company’s stock worth $2,299,687,000 after purchasing an additional 886,087 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

ExxonMobil Price Performance

XOM stock opened at $149.23 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. ExxonMobil Corporation has a 12 month low of $101.18 and a 12 month high of $176.41. The firm has a market cap of $620.28 billion, a P/E ratio of 22.31, a P/E/G ratio of 0.92 and a beta of 0.29. The company’s 50-day moving average price is $154.90 and its two-hundred day moving average price is $132.11.

ExxonMobil (NYSE:XOMGet Free Report) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.63 by $0.08. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. The firm had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. During the same period last year, the firm earned $1.67 EPS. The business’s quarterly revenue was down 1.3% compared to the same quarter last year. On average, analysts anticipate that ExxonMobil Corporation will post 7.43 earnings per share for the current fiscal year.

ExxonMobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were issued a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Thursday, February 12th. ExxonMobil’s dividend payout ratio (DPR) is currently 61.58%.

Insider Buying and Selling

In other ExxonMobil news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at $3,295,864. This trade represents a 17.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders have sold 11,460 shares of company stock valued at $1,687,854. 0.03% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on XOM shares. Loop Capital set a $123.00 price objective on shares of ExxonMobil in a research note on Tuesday, February 3rd. Zacks Research upgraded shares of ExxonMobil from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. Morgan Stanley lifted their price objective on shares of ExxonMobil from $134.00 to $172.00 and gave the stock an “overweight” rating in a research note on Friday, March 27th. JPMorgan Chase & Co. lifted their price objective on shares of ExxonMobil from $140.00 to $170.00 and gave the stock an “overweight” rating in a research note on Thursday, April 9th. Finally, TD Cowen dropped their price objective on shares of ExxonMobil from $175.00 to $172.00 and set a “buy” rating for the company in a research note on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $159.20.

Check Out Our Latest Stock Analysis on ExxonMobil

ExxonMobil News Roundup

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ExxonMobil Company Profile

(Free Report)

ExxonMobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

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Institutional Ownership by Quarter for ExxonMobil (NYSE:XOM)

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