Howard Capital Management Inc. Has $4.95 Million Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Howard Capital Management Inc. boosted its position in Exxon Mobil Co. (NYSE:XOMFree Report) by 4.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 46,036 shares of the oil and gas company’s stock after buying an additional 1,802 shares during the quarter. Howard Capital Management Inc.’s holdings in Exxon Mobil were worth $4,952,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. MCF Advisors LLC boosted its position in Exxon Mobil by 0.9% during the 3rd quarter. MCF Advisors LLC now owns 20,940 shares of the oil and gas company’s stock worth $2,455,000 after acquiring an additional 194 shares during the last quarter. GHP Investment Advisors Inc. raised its stake in shares of Exxon Mobil by 5.4% during the 3rd quarter. GHP Investment Advisors Inc. now owns 59,807 shares of the oil and gas company’s stock worth $7,011,000 after purchasing an additional 3,067 shares in the last quarter. Modera Wealth Management LLC raised its stake in shares of Exxon Mobil by 4.5% during the 3rd quarter. Modera Wealth Management LLC now owns 73,403 shares of the oil and gas company’s stock worth $8,604,000 after purchasing an additional 3,162 shares in the last quarter. DekaBank Deutsche Girozentrale raised its stake in shares of Exxon Mobil by 20.4% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 2,172,524 shares of the oil and gas company’s stock worth $250,470,000 after purchasing an additional 367,601 shares in the last quarter. Finally, Smith Salley Wealth Management raised its stake in Exxon Mobil by 2.5% in the 3rd quarter. Smith Salley Wealth Management now owns 56,332 shares of the oil and gas company’s stock valued at $6,603,000 after acquiring an additional 1,368 shares during the period. Institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the 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 transaction, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Price Performance

Exxon Mobil stock opened at $109.75 on Wednesday. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $476.20 billion, a PE ratio of 14.00, a P/E/G ratio of 3.02 and a beta of 0.89. Exxon Mobil Co. has a 12 month low of $103.05 and a 12 month high of $126.34. The stock has a 50-day moving average price of $108.69 and a two-hundred day moving average price of $114.37.

Exxon Mobil (NYSE:XOMGet Free Report) last posted 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 net margin of 9.63% and a return on equity of 12.92%. During the same period in the prior year, the company earned $2.48 earnings per share. Analysts expect 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 will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be given a $0.99 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.61%. Exxon Mobil’s dividend payout ratio is presently 50.51%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on XOM. Mizuho dropped their price target on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. Royal Bank of Canada restated a “sector perform” rating and issued a $115.00 price target on shares of Exxon Mobil in a research note on Monday, February 3rd. Morgan Stanley increased their price target on Exxon Mobil from $139.00 to $140.00 in a research note on Friday, January 31st. UBS Group dropped their price target 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. Finally, Scotiabank decreased their price objective on Exxon Mobil from $145.00 to $140.00 in a report on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Exxon Mobil has a consensus rating of “Moderate Buy” and a consensus target price of $129.25.

Check Out Our Latest Analysis on Exxon Mobil

Exxon Mobil Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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