Boston Partners Buys 110 Shares of Exxon Mobil Co. (NYSE:XOM)

Boston Partners grew its holdings in Exxon Mobil Co. (NYSE:XOM) by 0.1% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 157,978 shares of the oil and gas company’s stock after buying an additional 110 shares during the quarter. Boston Partners’ holdings in Exxon Mobil were worth $18,364,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Patten & Patten Inc. TN lifted its position in shares of Exxon Mobil by 10.2% in the fourth quarter. Patten & Patten Inc. TN now owns 91,169 shares of the oil and gas company’s stock worth $9,115,000 after buying an additional 8,447 shares in the last quarter. Unionview LLC lifted its holdings in shares of Exxon Mobil by 2.2% during the 4th quarter. Unionview LLC now owns 6,628 shares of the oil and gas company’s stock valued at $663,000 after purchasing an additional 145 shares during the last quarter. Buck Wealth Strategies LLC raised its stake in Exxon Mobil by 39.2% in the 4th quarter. Buck Wealth Strategies LLC now owns 68,281 shares of the oil and gas company’s stock worth $6,827,000 after acquiring an additional 19,217 shares during the last quarter. Coastline Trust Co raised its stake in Exxon Mobil by 10.1% in the 4th quarter. Coastline Trust Co now owns 22,774 shares of the oil and gas company’s stock worth $2,277,000 after acquiring an additional 2,090 shares during the last quarter. Finally, RPg Family Wealth Advisory LLC grew its position in Exxon Mobil by 5.2% during the 4th quarter. RPg Family Wealth Advisory LLC now owns 63,860 shares of the oil and gas company’s stock worth $6,385,000 after purchasing an additional 3,142 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Price Performance

Shares of XOM stock traded down $0.07 during trading hours on Friday, hitting $116.88. The company’s stock had a trading volume of 20,403,773 shares, compared to its average volume of 12,998,848. The business has a fifty day moving average of $114.02 and a 200-day moving average of $112.06. The stock has a market cap of $460.86 billion, a price-to-earnings ratio of 14.32, a P/E/G ratio of 4.51 and a beta of 0.91. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $123.75. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, August 2nd. The oil and gas company reported $2.14 EPS for the quarter, beating the consensus estimate of $2.04 by $0.10. The business had revenue of $93.06 billion for the quarter, compared to analyst estimates of $90.09 billion. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The company’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.94 earnings per share. As a group, equities research analysts anticipate that Exxon Mobil Co. will post 8.65 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 10th. Investors of record on Thursday, August 15th will be paid a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.25%. The ex-dividend date of this dividend is Thursday, August 15th. Exxon Mobil’s payout ratio is 46.57%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on XOM. Sanford C. Bernstein decreased their price target on shares of Exxon Mobil from $139.00 to $138.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 17th. Morgan Stanley restated an “overweight” rating and issued a $145.00 price target on shares of Exxon Mobil in a research note on Wednesday, May 15th. HSBC boosted their target price on shares of Exxon Mobil from $111.00 to $120.00 and gave the stock a “hold” rating in a research note on Tuesday, April 30th. Mizuho boosted their price target on shares of Exxon Mobil from $125.00 to $128.00 and gave the company a “neutral” rating in a research report on Monday, May 13th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $135.00 target price on shares of Exxon Mobil in a report on Tuesday, July 9th. Eight analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $134.78.

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.