Howland Capital Management LLC increased its stake in shares of Exxon Mobil Co. (NYSE:XOM – Get Rating) by 1.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 140,170 shares of the oil and gas company’s stock after buying an additional 1,815 shares during the period. Howland Capital Management LLC’s holdings in Exxon Mobil were worth $15,461,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD raised its stake in shares of Exxon Mobil by 94.1% during the 3rd quarter. Price T Rowe Associates Inc. MD now owns 39,666,941 shares of the oil and gas company’s stock worth $3,463,672,000 after buying an additional 19,230,872 shares during the last quarter. Great West Life Assurance Co. Can acquired a new position in Exxon Mobil during the third quarter worth about $347,253,000. Dimensional Fund Advisors LP lifted its holdings in shares of Exxon Mobil by 12.3% in the third quarter. Dimensional Fund Advisors LP now owns 28,269,263 shares of the oil and gas company’s stock valued at $2,468,477,000 after purchasing an additional 3,094,957 shares in the last quarter. Barclays PLC grew its position in shares of Exxon Mobil by 70.9% in the third quarter. Barclays PLC now owns 6,546,333 shares of the oil and gas company’s stock valued at $571,557,000 after purchasing an additional 2,716,651 shares during the last quarter. Finally, CFS Investment Advisory Services LLC increased its stake in shares of Exxon Mobil by 8,427.5% during the 3rd quarter. CFS Investment Advisory Services LLC now owns 1,930,117 shares of the oil and gas company’s stock worth $272,000 after purchasing an additional 1,907,483 shares in the last quarter. 57.49% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Exxon Mobil
In other Exxon Mobil news, VP Darrin L. Talley sold 2,500 shares of the stock in a transaction that occurred on Wednesday, February 1st. The shares were sold at an average price of $115.50, for a total value of $288,750.00. Following the completion of the sale, the vice president now owns 31,772 shares of the company’s stock, valued at $3,669,666. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.04% of the company’s stock.
Wall Street Analysts Forecast Growth
Exxon Mobil Trading Down 1.2 %
NYSE XOM opened at $114.70 on Tuesday. The firm has a market capitalization of $466.94 billion, a price-to-earnings ratio of 8.65, a PEG ratio of 0.54 and a beta of 1.08. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.06 and a current ratio of 1.41. Exxon Mobil Co. has a one year low of $79.29 and a one year high of $119.63. The company’s 50 day moving average price is $110.92 and its 200 day moving average price is $109.13.
Exxon Mobil (NYSE:XOM – Get Rating) last posted its earnings results on Tuesday, January 31st. The oil and gas company reported $3.40 earnings per share for the quarter, beating the consensus estimate of $3.32 by $0.08. Exxon Mobil had a net margin of 13.47% and a return on equity of 31.25%. The business had revenue of $95.43 billion for the quarter, compared to analyst estimates of $90.21 billion. During the same quarter in the previous year, the business posted $2.05 EPS. The business’s quarterly revenue was up 12.3% on a year-over-year basis. On average, sell-side analysts predict that Exxon Mobil Co. will post 9.95 EPS for the current year.
Exxon Mobil Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, March 10th. Stockholders of record on Tuesday, February 14th were paid a $0.91 dividend. The ex-dividend date of this dividend was Monday, February 13th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.17%. Exxon Mobil’s dividend payout ratio (DPR) is currently 27.45%.
About Exxon Mobil
Exxon Mobil Corp. engages in the exploration, development, and distribution of oil, gas, and petroleum products. It operates through the following segments: Upstream, Downstream and Chemical. The Upstream segment produces crude oil and natural gas. The Downstream segment manufactures and trades petroleum products.
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