ABN Amro Investment Solutions Makes New $18.70 Million Investment in ExxonMobil Corporation $XOM

ABN Amro Investment Solutions purchased a new stake in ExxonMobil Corporation (NYSE:XOMFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 155,354 shares of the oil and gas company’s stock, valued at approximately $18,695,000.

Several other hedge funds and other institutional investors also recently modified their holdings of XOM. Capital Investment Advisors LLC increased its holdings in ExxonMobil by 6.6% during the 4th quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company’s stock worth $27,857,000 after purchasing an additional 14,233 shares in the last quarter. New Age Alpha Advisors LLC increased its holdings in ExxonMobil by 5.6% during the 3rd quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock worth $18,778,000 after purchasing an additional 8,853 shares in the last quarter. HORAN Wealth LLC increased its holdings in ExxonMobil by 78.3% during the 3rd quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock worth $1,486,000 after purchasing an additional 5,788 shares in the last quarter. Krilogy Financial LLC increased its holdings in ExxonMobil by 46.6% during the 3rd quarter. Krilogy Financial LLC now owns 35,160 shares of the oil and gas company’s stock worth $3,997,000 after purchasing an additional 11,177 shares in the last quarter. Finally, Varma Mutual Pension Insurance Co increased its holdings in ExxonMobil by 8.6% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 655,303 shares of the oil and gas company’s stock worth $73,885,000 after purchasing an additional 51,900 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling at ExxonMobil

In other news, VP Darrin L. Talley sold 2,150 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $157.82, for a total value of $339,313.00. Following the transaction, the vice president owned 18,204 shares in the company, valued at $2,872,955.28. The trade was a 10.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.03% of the stock is owned by insiders.

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

Wall Street Analyst Weigh In

A number of analysts have commented on XOM shares. Citigroup boosted their price objective on ExxonMobil from $150.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, April 2nd. TD Cowen decreased their price objective on ExxonMobil from $175.00 to $172.00 and set a “buy” rating for the company in a report on Friday, April 10th. UBS Group boosted their price objective on ExxonMobil from $171.00 to $174.00 and gave the stock a “buy” rating in a report on Monday, May 4th. HSBC boosted their price objective on ExxonMobil from $135.00 to $158.00 and gave the stock a “hold” rating in a report on Friday, March 20th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of ExxonMobil in a report on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, ExxonMobil presently has an average rating of “Moderate Buy” and an average target price of $163.95.

Check Out Our Latest Research Report on XOM

ExxonMobil Price Performance

Shares of NYSE XOM opened at $156.44 on Thursday. ExxonMobil Corporation has a twelve month low of $101.18 and a twelve month high of $176.41. The stock’s 50 day moving average price is $155.58 and its 200-day moving average price is $138.55. The company has a market capitalization of $648.45 billion, a PE ratio of 26.38, a PEG ratio of 0.71 and a beta of 0.19. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.13.

ExxonMobil (NYSE:XOMGet Free Report) last announced its earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.18. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The firm had revenue of $83.16 billion for the quarter, compared to the consensus estimate of $81.13 billion. During the same quarter in the previous year, the business earned $1.76 EPS. The company’s revenue was up 2.4% compared to the same quarter last year. On average, equities analysts anticipate that ExxonMobil Corporation will post 11.49 EPS for the current year.

ExxonMobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Friday, May 15th. ExxonMobil’s payout ratio is presently 69.48%.

ExxonMobil 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.

Read More

Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ExxonMobil Corporation (NYSE:XOMFree Report).

Institutional Ownership by Quarter for ExxonMobil (NYSE:XOM)

Receive News & Ratings for ExxonMobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ExxonMobil and related companies with MarketBeat.com's FREE daily email newsletter.