Exxon Mobil Corporation $XOM is Builder Investment Group Inc. ADV’s 9th Largest Position

Builder Investment Group Inc. ADV grew its stake in Exxon Mobil Corporation (NYSE:XOMFree Report) by 6.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 77,674 shares of the oil and gas company’s stock after buying an additional 4,560 shares during the quarter. Exxon Mobil accounts for approximately 2.0% of Builder Investment Group Inc. ADV’s portfolio, making the stock its 9th biggest position. Builder Investment Group Inc. ADV’s holdings in Exxon Mobil were worth $8,758,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Eagle Capital Management LLC grew its holdings in Exxon Mobil by 15.3% during the 1st quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after acquiring an additional 376 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its position in shares of Exxon Mobil by 30.8% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 13,785 shares of the oil and gas company’s stock worth $1,639,000 after purchasing an additional 3,244 shares during the last quarter. Harvest Portfolios Group Inc. grew its stake in shares of Exxon Mobil by 10.4% during the first quarter. Harvest Portfolios Group Inc. now owns 16,402 shares of the oil and gas company’s stock worth $1,951,000 after purchasing an additional 1,546 shares in the last quarter. PKS Advisory Services LLC increased its holdings in Exxon Mobil by 68.8% in the first quarter. PKS Advisory Services LLC now owns 16,460 shares of the oil and gas company’s stock valued at $1,863,000 after buying an additional 6,710 shares during the last quarter. Finally, FORA Capital LLC purchased a new position in Exxon Mobil in the first quarter valued at $1,889,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total value of $351,570.00. Following the transaction, the vice president owned 28,584 shares of the company’s stock, valued at approximately $3,349,758.96. The trade was a 9.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

XOM has been the subject of several analyst reports. Wells Fargo & Company upped their price objective on Exxon Mobil from $156.00 to $158.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. Mizuho upped their price target on Exxon Mobil from $129.00 to $132.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Bank of America cut their price objective on shares of Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating on the stock in a report on Thursday, December 11th. Weiss Ratings restated a “hold (c+)” rating on shares of Exxon Mobil in a report on Monday, December 15th. Finally, Citigroup increased their target price on shares of Exxon Mobil from $115.00 to $118.00 and gave the company a “neutral” rating in a research report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and thirteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $129.45.

Read Our Latest Analysis on Exxon Mobil

Exxon Mobil Stock Up 1.0%

Shares of NYSE:XOM opened at $119.35 on Wednesday. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $120.81. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.14 and a quick ratio of 0.79. The stock has a market cap of $503.32 billion, a P/E ratio of 17.35, a P/E/G ratio of 7.43 and a beta of 0.38. The firm has a fifty day moving average price of $116.19 and a 200 day moving average price of $113.00.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its earnings results on Friday, June 17th. The oil and gas company reported $0.65 EPS for the quarter. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The business had revenue of $57.55 billion during the quarter. Sell-side analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th were given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Friday, November 14th. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s payout ratio is 59.88%.

More Exxon Mobil News

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About Exxon Mobil

(Free Report)

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

See Also

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

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