Boston Partners Acquires 2,157 Shares of Exxon Mobil Co. (NYSE:XOM)

Boston Partners raised its holdings in Exxon Mobil Co. (NYSE:XOM) by 0.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 511,908 shares of the oil and gas company’s stock after acquiring an additional 2,157 shares during the quarter. Boston Partners’ holdings in Exxon Mobil were worth $55,073,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Intech Investment Management LLC raised its holdings in Exxon Mobil by 12.4% in the fourth quarter. Intech Investment Management LLC now owns 578,066 shares of the oil and gas company’s stock worth $62,183,000 after purchasing an additional 63,983 shares during the period. Generali Asset Management SPA SGR acquired a new stake in Exxon Mobil in the fourth quarter worth $19,921,000. Horizon Investments LLC raised its holdings in Exxon Mobil by 8.6% in the fourth quarter. Horizon Investments LLC now owns 50,416 shares of the oil and gas company’s stock worth $5,423,000 after purchasing an additional 3,999 shares during the period. Carlson Capital Management raised its holdings in Exxon Mobil by 2.0% in the fourth quarter. Carlson Capital Management now owns 9,620 shares of the oil and gas company’s stock worth $1,035,000 after purchasing an additional 191 shares during the period. Finally, South Street Advisors LLC raised its holdings in Exxon Mobil by 4.6% in the fourth quarter. South Street Advisors LLC now owns 10,177 shares of the oil and gas company’s stock worth $1,095,000 after purchasing an additional 450 shares during the period. 61.80% of the stock is owned by institutional investors.

Analyst Ratings Changes

XOM has been the topic of several analyst reports. UBS Group cut their target price on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. Scotiabank dropped their price objective on shares of Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. Barclays dropped their price objective on shares of Exxon Mobil from $137.00 to $135.00 and set an “overweight” rating on the stock in a report on Tuesday. Morgan Stanley raised their price objective on shares of Exxon Mobil from $139.00 to $140.00 in a report on Friday, January 31st. Finally, Argus upgraded shares of Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.15.

Exxon Mobil Stock Performance

Shares of XOM opened at $115.40 on Thursday. The firm has a 50-day moving average of $109.74 and a 200-day moving average of $113.59. Exxon Mobil Co. has a one year low of $103.67 and a one year high of $126.34. The company has a market cap of $500.75 billion, a PE ratio of 14.72, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97.

Exxon Mobil (NYSE:XOM) last announced 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 return on equity of 12.92% and a net margin of 9.63%. During the same quarter in the prior year, the company posted $2.48 EPS. As a group, equities analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.43%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil’s payout ratio is 50.51%.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the sale, the vice president now owns 18,087 shares of the company’s stock, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Company Profile

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.