Exxon Mobil Co. (NYSE:XOM) Holdings Lifted by Raab & Moskowitz Asset Management LLC

Raab & Moskowitz Asset Management LLC boosted its holdings in Exxon Mobil Co. (NYSE:XOM) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,525 shares of the oil and gas company’s stock after acquiring an additional 200 shares during the quarter. Raab & Moskowitz Asset Management LLC’s holdings in Exxon Mobil were worth $2,531,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of XOM. Creative Planning increased its holdings in shares of Exxon Mobil by 0.5% in the third quarter. Creative Planning now owns 1,801,232 shares of the oil and gas company’s stock valued at $211,140,000 after buying an additional 9,733 shares in the last quarter. Ellsworth Advisors LLC lifted its holdings in shares of Exxon Mobil by 1.2% during the third quarter. Ellsworth Advisors LLC now owns 24,504 shares of the oil and gas company’s stock valued at $2,872,000 after purchasing an additional 284 shares during the last quarter. Heirloom Wealth Management boosted its position in shares of Exxon Mobil by 1.5% in the 3rd quarter. Heirloom Wealth Management now owns 57,674 shares of the oil and gas company’s stock valued at $6,761,000 after purchasing an additional 862 shares during the period. Bar Harbor Wealth Management increased its stake in Exxon Mobil by 0.7% in the 3rd quarter. Bar Harbor Wealth Management now owns 233,565 shares of the oil and gas company’s stock worth $27,378,000 after purchasing an additional 1,510 shares in the last quarter. Finally, Berkshire Money Management Inc. raised its holdings in Exxon Mobil by 0.8% during the 3rd quarter. Berkshire Money Management Inc. now owns 12,727 shares of the oil and gas company’s stock worth $1,492,000 after buying an additional 104 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction that occurred 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 completion of the sale, the vice president now owns 18,087 shares in the company, valued at $1,989,570. This represents a 10.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.03% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on XOM shares. Royal Bank of Canada reissued a “sector perform” rating and issued a $115.00 target price on shares of Exxon Mobil in a research report on Monday, February 3rd. BMO Capital Markets reduced their target price on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a report on Friday, January 31st. TD Cowen lowered their price target on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a report on Monday, December 16th. Morgan Stanley increased their price objective on Exxon Mobil from $139.00 to $140.00 in a research note on Friday, January 31st. Finally, UBS Group lowered their target price on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $129.25.

Exxon Mobil Stock Performance

Shares of NYSE XOM opened at $108.17 on Friday. The business’s 50-day simple moving average is $108.78 and its 200-day simple moving average is $114.73. Exxon Mobil Co. has a 52 week low of $100.60 and a 52 week 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 firm has a market cap of $475.42 billion, a price-to-earnings ratio of 13.80, a P/E/G ratio of 2.94 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 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 quarter in the prior year, the business posted $2.48 earnings per share. As a group, equities research analysts expect that Exxon Mobil Co. will post 7.37 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be issued a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.66%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is 50.51%.

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.