Moody Lynn & Lieberson LLC Grows Position in Exxon Mobil Corporation $XOM

Moody Lynn & Lieberson LLC grew its holdings in Exxon Mobil Corporation (NYSE:XOMFree Report) by 75.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,026 shares of the oil and gas company’s stock after purchasing an additional 36,510 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in Exxon Mobil were worth $10,232,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. First Trust Advisors LP increased its position in Exxon Mobil by 150.2% during the second quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock worth $819,560,000 after purchasing an additional 4,563,707 shares during the last quarter. Cerity Partners LLC increased its holdings in shares of Exxon Mobil by 200.7% during the 2nd quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock worth $217,162,000 after buying an additional 4,015,099 shares during the last quarter. Franklin Resources Inc. lifted its holdings in Exxon Mobil by 7.4% in the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock valued at $4,366,655,000 after acquiring an additional 2,660,910 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its position in Exxon Mobil by 218.4% in 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 acquiring an additional 2,546,791 shares during the period. Finally, AQR Capital Management LLC increased its stake in Exxon Mobil 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 acquiring an additional 1,501,235 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $160.63 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The stock has a market cap of $669.31 billion, a P/E ratio of 24.01, a P/E/G ratio of 1.11 and a beta of 0.29. The stock has a 50 day moving average of $152.01 and a two-hundred day moving average of $129.50. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $176.41.

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

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were paid a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil’s payout ratio is currently 61.58%.

Key Headlines Impacting Exxon Mobil

Here are the key news stories impacting Exxon Mobil this week:

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 1,080 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $155.50, for a total value of $167,940.00. Following the completion of the sale, the vice president owned 17,124 shares in the company, valued at $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders have sold 11,460 shares of company stock valued at $1,687,854. 0.03% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on XOM. Wells Fargo & Company lowered their target price on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating for the company in a research note on Monday, February 2nd. BMO Capital Markets reaffirmed a “market perform” rating and set a $155.00 price objective on shares of Exxon Mobil in a research report on Wednesday, February 4th. Royal Bank Of Canada boosted their target price on Exxon Mobil from $145.00 to $150.00 and gave the company a “sector perform” rating in a research report on Monday, February 2nd. UBS Group restated a “buy” rating and set a $171.00 price target on shares of Exxon Mobil in a research note on Monday, February 2nd. Finally, Sanford C. Bernstein dropped their price objective on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Exxon Mobil has a consensus rating of “Hold” and a consensus target price of $152.39.

View Our Latest Report on Exxon Mobil

Exxon Mobil Company Profile

(Free Report)

Exxon Mobil 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.

Further Reading

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

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