Rathbones Group PLC Has $107.84 Million Holdings in ExxonMobil Corporation $XOM

Rathbones Group PLC boosted its holdings in shares of ExxonMobil Corporation (NYSE:XOMFree Report) by 14.0% in the fourth quarter, HoldingsChannel reports. The fund owned 896,133 shares of the oil and gas company’s stock after buying an additional 109,813 shares during the quarter. Rathbones Group PLC’s holdings in ExxonMobil were worth $107,841,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Berbice Capital Management LLC purchased a new stake in shares of ExxonMobil during the 4th quarter worth about $26,000. Midwest Capital Advisors LLC purchased a new stake in shares of ExxonMobil during the 4th quarter worth about $27,000. E Fund Management Hong Kong Co. Ltd. raised its stake in shares of ExxonMobil by 456.1% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock worth $27,000 after purchasing an additional 187 shares in the last quarter. Key Capital Management INC purchased a new stake in shares of ExxonMobil during the 4th quarter worth about $28,000. Finally, Nvest Wealth Strategies Inc. purchased a new stake in shares of ExxonMobil during the 4th quarter worth about $32,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

ExxonMobil Stock Performance

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

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

ExxonMobil Announces Dividend

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

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on XOM shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ExxonMobil in a research note on Friday, April 10th. Zacks Research raised ExxonMobil from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Wells Fargo & Company raised their price objective on ExxonMobil from $183.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday, April 9th. Loop Capital set a $123.00 target price on ExxonMobil in a report on Tuesday, February 3rd. Finally, Sanford C. Bernstein reduced their target price on ExxonMobil from $195.00 to $182.00 and set an “outperform” rating for the company in a report on Monday, May 11th. One 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. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $163.95.

Get Our Latest Stock Report on ExxonMobil

Insider Buying and Selling

In other ExxonMobil news, VP Darrin L. Talley sold 2,150 shares of ExxonMobil 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 directly owned 18,204 shares of the company’s stock, 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 SEC, which is available at the SEC website. 0.03% of the stock is currently owned by corporate insiders.

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.

Featured Stories

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Institutional Ownership by Quarter for ExxonMobil (NYSE:XOM)

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