Exxon Mobil Co. (NYSE:XOM) Shares Purchased by Kooman & Associates

Kooman & Associates raised its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 2.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,918 shares of the oil and gas company’s stock after purchasing an additional 103 shares during the period. Exxon Mobil comprises about 0.2% of Kooman & Associates’ portfolio, making the stock its 26th largest holding. Kooman & Associates’ holdings in Exxon Mobil were worth $529,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of XOM. Abound Financial LLC acquired a new position in Exxon Mobil in the fourth quarter valued at approximately $214,000. Marshall Investment Management LLC bought a new stake in shares of Exxon Mobil in the 4th quarter worth approximately $2,965,000. TCW Group Inc. boosted its position in Exxon Mobil by 2.6% during the 4th quarter. TCW Group Inc. now owns 683,926 shares of the oil and gas company’s stock valued at $73,570,000 after purchasing an additional 17,333 shares during the period. First Horizon Advisors Inc. grew its stake in Exxon Mobil by 3.4% during the 4th quarter. First Horizon Advisors Inc. now owns 303,662 shares of the oil and gas company’s stock worth $32,665,000 after buying an additional 10,125 shares during the last quarter. Finally, Olympiad Research LP acquired a new stake in Exxon Mobil in the fourth quarter worth $335,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $109.75 on Wednesday. The firm has a 50-day moving average of $108.69 and a two-hundred day moving average of $114.37. The company has a market capitalization of $476.20 billion, a price-to-earnings ratio of 14.00, a PEG ratio of 3.02 and a beta of 0.89. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a twelve month low of $103.05 and a twelve month high of $126.34.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same quarter last year, the business earned $2.48 EPS. As a group, analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.61%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is presently 50.51%.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the transaction, the vice president now owns 18,087 shares in the company, valued at $1,989,570. This trade represents a 10.40 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on XOM shares. Morgan Stanley boosted their price target on shares of Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. BMO Capital Markets reduced their target price on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research note on Friday, January 31st. Wolfe Research raised their price target on shares of Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. UBS Group reduced their price objective on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a research report on Thursday, December 12th. Finally, Mizuho lowered their target price on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Exxon Mobil presently has an average rating of “Moderate Buy” and an average price target of $129.25.

About Exxon Mobil

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.