Exxon Mobil Co. (NYSE:XOM) Shares Purchased by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. raised its stake in Exxon Mobil Co. (NYSE:XOM) by 16.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 136,473 shares of the oil and gas company’s stock after acquiring an additional 19,340 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in Exxon Mobil were worth $14,680,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in XOM. D L Carlson Investment Group Inc. lifted its holdings in Exxon Mobil by 2.6% in the 4th quarter. D L Carlson Investment Group Inc. now owns 41,527 shares of the oil and gas company’s stock valued at $4,467,000 after purchasing an additional 1,061 shares in the last quarter. AIA Group Ltd raised its position in shares of Exxon Mobil by 8.4% in the fourth quarter. AIA Group Ltd now owns 72,712 shares of the oil and gas company’s stock valued at $7,822,000 after buying an additional 5,607 shares during the last quarter. FSB Premier Wealth Management Inc. lifted its stake in shares of Exxon Mobil by 5.4% during the fourth quarter. FSB Premier Wealth Management Inc. now owns 26,176 shares of the oil and gas company’s stock valued at $2,816,000 after buying an additional 1,348 shares during the period. Hazlett Burt & Watson Inc. boosted its position in Exxon Mobil by 2.6% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 35,043 shares of the oil and gas company’s stock worth $3,767,000 after acquiring an additional 903 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in Exxon Mobil by 4.4% in the 4th quarter. Wellington Management Group LLP now owns 29,906,947 shares of the oil and gas company’s stock worth $3,217,090,000 after acquiring an additional 1,269,629 shares during the period. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction dated 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 sale, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.03% of the company’s stock.

Exxon Mobil Trading Down 0.2 %

NYSE:XOM opened at $117.66 on Monday. The stock has a market cap of $510.53 billion, a price-to-earnings ratio of 15.01, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83. Exxon Mobil Co. has a one year low of $103.67 and a one year high of $126.34. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The business’s 50-day simple moving average is $110.73 and its 200 day simple moving average is $113.74.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 period last year, the business earned $2.48 earnings per share. As a group, sell-side analysts predict that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were given a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.37%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil’s payout ratio is currently 50.51%.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Barclays decreased their price target on Exxon Mobil from $137.00 to $135.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 18th. TD Cowen lowered their target price on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a report on Monday, December 16th. The Goldman Sachs Group cut their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. Piper Sandler lowered their price objective on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research note on Thursday, December 19th. Finally, JPMorgan Chase & Co. cut their target price on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research report on Monday, December 16th. One analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Exxon Mobil presently has an average rating of “Moderate Buy” and a consensus price target of $129.05.

Exxon Mobil 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.