Schnieders Capital Management LLC Has $2.30 Million Holdings in Exxon Mobil Co. (NYSE:XOM)

Schnieders Capital Management LLC raised its holdings in Exxon Mobil Co. (NYSE:XOM) by 53.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,030 shares of the oil and gas company’s stock after buying an additional 8,000 shares during the quarter. Schnieders Capital Management LLC’s holdings in Exxon Mobil were worth $2,302,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of XOM. Root Financial Partners LLC raised its position in shares of Exxon Mobil by 10.7% in the 4th quarter. Root Financial Partners LLC now owns 2,054 shares of the oil and gas company’s stock valued at $205,000 after acquiring an additional 199 shares during the period. Assenagon Asset Management S.A. raised its position in shares of Exxon Mobil by 83.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,269,030 shares of the oil and gas company’s stock valued at $149,213,000 after acquiring an additional 575,649 shares during the period. Qsemble Capital Management LP raised its position in shares of Exxon Mobil by 34.3% in the 3rd quarter. Qsemble Capital Management LP now owns 4,700 shares of the oil and gas company’s stock valued at $553,000 after acquiring an additional 1,200 shares during the period. RNC Capital Management LLC raised its position in shares of Exxon Mobil by 5.5% in the 4th quarter. RNC Capital Management LLC now owns 87,926 shares of the oil and gas company’s stock valued at $8,791,000 after acquiring an additional 4,585 shares during the period. Finally, Dupree Financial Group LLC acquired a new stake in Exxon Mobil during the 4th quarter worth approximately $378,000. Institutional investors own 61.80% of the company’s stock.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,400 shares of the business’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total transaction of $252,000.00. Following the sale, the vice president now directly owns 30,189 shares in the company, valued at $3,169,845. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Performance

Exxon Mobil stock opened at $120.77 on Thursday. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $123.75. The company has a quick ratio of 1.09, a current ratio of 1.48 and a debt-to-equity ratio of 0.18. The business’s 50-day moving average price is $112.69 and its two-hundred day moving average price is $106.51. The stock has a market cap of $478.04 billion, a PE ratio of 13.62, a P/E/G ratio of 4.16 and a beta of 0.96.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.28. The company had revenue of $84.34 billion for the quarter, compared to analysts’ expectations of $90.03 billion. Exxon Mobil had a return on equity of 18.51% and a net margin of 10.45%. The business’s quarterly revenue was down 11.6% compared to the same quarter last year. During the same period in the previous year, the business posted $3.40 earnings per share. As a group, analysts expect that Exxon Mobil Co. will post 9.7 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Wednesday, February 14th were issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.15%. The ex-dividend date was Tuesday, February 13th. Exxon Mobil’s dividend payout ratio (DPR) is currently 42.74%.

Wall Street Analyst Weigh In

Several analysts have commented on XOM shares. Barclays started coverage on shares of Exxon Mobil in a report on Wednesday, April 10th. They set an “overweight” rating and a $147.00 target price on the stock. TD Cowen raised their target price on shares of Exxon Mobil from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, April 1st. UBS Group raised their target price on shares of Exxon Mobil from $133.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, April 11th. Mizuho reaffirmed a “neutral” rating and set a $125.00 price target on shares of Exxon Mobil in a research note on Thursday, April 4th. Finally, Wells Fargo & Company raised their price target on shares of Exxon Mobil from $126.00 to $138.00 and gave the stock an “overweight” rating in a research note on Thursday, April 4th. Eight investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, Exxon Mobil presently has an average rating of “Moderate Buy” and an average target price of $132.28.

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.