Rothschild Asset Management Inc. decreased its position in Exxon Mobil Co. (NYSE:XOM) by 4.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 795,420 shares of the oil and gas company’s stock after selling 34,090 shares during the period. Exxon Mobil comprises approximately 0.7% of Rothschild Asset Management Inc.’s portfolio, making the stock its 25th biggest holding. Rothschild Asset Management Inc.’s holdings in Exxon Mobil were worth $65,208,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. CWH Capital Management Inc. purchased a new stake in shares of Exxon Mobil in the second quarter valued at $114,000. Acrospire Investment Management LLC lifted its position in shares of Exxon Mobil by 172.7% in the second quarter. Acrospire Investment Management LLC now owns 1,737 shares of the oil and gas company’s stock valued at $140,000 after acquiring an additional 1,100 shares in the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. lifted its position in shares of Exxon Mobil by 2.7% in the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,900 shares of the oil and gas company’s stock valued at $153,000 after acquiring an additional 50 shares in the last quarter. Saratoga Research & Investment Management purchased a new stake in shares of Exxon Mobil in the third quarter valued at $172,000. Finally, Mountain Capital Investment Advisors Inc purchased a new stake in shares of Exxon Mobil in the second quarter valued at $175,000. 52.21% of the stock is currently owned by institutional investors.
In other news, VP Neil A. Chapman sold 12,000 shares of the stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $83.05, for a total value of $996,600.00. Following the completion of the sale, the vice president now owns 291,385 shares in the company, valued at $24,199,524.25. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Bradley W. Corson sold 19,500 shares of the firm’s stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $83.01, for a total value of $1,618,695.00. Following the sale, the vice president now owns 229,774 shares of the company’s stock, valued at approximately $19,073,539.74. The disclosure for this sale can be found here. 0.08% of the stock is currently owned by company insiders.
Exxon Mobil Co. (NYSE XOM) opened at $76.18 on Wednesday. The company has a quick ratio of 0.52, a current ratio of 0.82 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a twelve month low of $73.90 and a twelve month high of $89.30. The company has a market capitalization of $323,191.22, a PE ratio of 21.55, a PEG ratio of 1.03 and a beta of 0.91.
Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, February 2nd. The oil and gas company reported $0.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.18). Exxon Mobil had a net margin of 7.61% and a return on equity of 8.00%. The company had revenue of $66.52 billion during the quarter, compared to analyst estimates of $74.41 billion. During the same quarter last year, the business posted $0.41 EPS. Exxon Mobil’s quarterly revenue was up 9.0% compared to the same quarter last year. equities research analysts anticipate that Exxon Mobil Co. will post 4.81 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 9th. Stockholders of record on Monday, February 12th will be paid a $0.77 dividend. The ex-dividend date is Friday, February 9th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 4.04%. Exxon Mobil’s dividend payout ratio (DPR) is currently 66.52%.
Several equities analysts recently weighed in on XOM shares. Howard Weil upgraded Exxon Mobil from an “outperform” rating to a “focus list” rating in a research report on Friday, December 22nd. Goldman Sachs Group set a $92.00 target price on Exxon Mobil and gave the stock a “neutral” rating in a research report on Monday, January 22nd. Zacks Investment Research upgraded Exxon Mobil from a “hold” rating to a “buy” rating and set a $98.00 target price on the stock in a research report on Saturday, January 13th. Vetr upgraded Exxon Mobil from a “buy” rating to a “strong-buy” rating and set a $92.50 target price on the stock in a research report on Thursday, December 7th. Finally, Jefferies Group set a $90.00 target price on Exxon Mobil and gave the stock a “neutral” rating in a research report on Friday, January 19th. Six research analysts have rated the stock with a sell rating, fourteen have given a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $87.05.
Exxon Mobil Profile
Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.