Rockbridge Investment Management LCC Buys 200 Shares of Exxon Mobil Co. (NYSE:XOM)

Rockbridge Investment Management LCC raised its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 4.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 4,978 shares of the oil and gas company’s stock after acquiring an additional 200 shares during the quarter. Rockbridge Investment Management LCC’s holdings in Exxon Mobil were worth $535,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in XOM. Principal Financial Group Inc. boosted its position in shares of Exxon Mobil by 8.4% during the 3rd quarter. Principal Financial Group Inc. now owns 6,709,202 shares of the oil and gas company’s stock valued at $786,453,000 after acquiring an additional 521,932 shares in the last quarter. United Bank boosted its holdings in Exxon Mobil by 3.7% during the third quarter. United Bank now owns 17,920 shares of the oil and gas company’s stock valued at $2,101,000 after purchasing an additional 641 shares in the last quarter. Algert Global LLC bought a new stake in shares of Exxon Mobil in the 3rd quarter valued at approximately $2,262,000. Loomis Sayles & Co. L P raised its holdings in shares of Exxon Mobil by 51.9% in the 3rd quarter. Loomis Sayles & Co. L P now owns 111,476 shares of the oil and gas company’s stock worth $13,067,000 after buying an additional 38,104 shares in the last quarter. Finally, Baldwin Investment Management LLC lifted its position in shares of Exxon Mobil by 0.9% during the 3rd quarter. Baldwin Investment Management LLC now owns 50,310 shares of the oil and gas company’s stock worth $5,897,000 after buying an additional 452 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on XOM shares. The Goldman Sachs Group dropped their price objective on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Scotiabank cut their price target on shares of Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. Bernstein Bank boosted their price target on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research report on Friday, January 31st. JPMorgan Chase & Co. dropped their price objective on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a report on Monday, December 16th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $115.00 target price on shares of Exxon Mobil in a report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, Exxon Mobil has a consensus rating of “Moderate Buy” and an average target price of $129.15.

Exxon Mobil Stock Up 1.3 %

Shares of Exxon Mobil stock opened at $118.11 on Thursday. The business has a fifty day simple moving average of $110.49 and a 200 day simple moving average of $113.64. The stock has a market cap of $512.50 billion, a PE ratio of 15.07, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a 12 month low of $103.67 and a 12 month high of $126.34.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (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 period last year, the business earned $2.48 EPS. Research analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were issued a $0.99 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.35%. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

Insider Transactions at Exxon Mobil

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

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.