Exxon Mobil Corporation $XOM Shares Acquired by Navellier & Associates Inc.

Navellier & Associates Inc. boosted its position in Exxon Mobil Corporation (NYSE:XOMFree Report) by 505.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 101,450 shares of the oil and gas company’s stock after buying an additional 84,698 shares during the quarter. Exxon Mobil makes up about 1.2% of Navellier & Associates Inc.’s investment portfolio, making the stock its 15th biggest holding. Navellier & Associates Inc.’s holdings in Exxon Mobil were worth $11,438,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of XOM. Westfuller Advisors LLC bought a new stake in shares of Exxon Mobil during the third quarter valued at about $30,000. Bare Financial Services Inc increased its stake in Exxon Mobil by 121.8% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock valued at $39,000 after buying an additional 201 shares during the period. Clayton Financial Group LLC bought a new stake in shares of Exxon Mobil during the 3rd quarter worth about $40,000. TruNorth Capital Management LLC raised its position in shares of Exxon Mobil by 1,595.2% during the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after buying an additional 335 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC lifted its stake in shares of Exxon Mobil by 95.8% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock worth $42,000 after acquiring an additional 181 shares during the period. Institutional investors own 61.80% of the company’s stock.

Wall Street Analyst Weigh In

XOM has been the topic of several recent analyst reports. Mizuho set a $140.00 target price on Exxon Mobil in a report on Wednesday, February 4th. Citigroup boosted their price objective on Exxon Mobil from $115.00 to $118.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 10th. Zacks Research raised Exxon Mobil from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. Jefferies Financial Group lifted their target price on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Finally, UBS Group reiterated a “buy” rating and issued a $171.00 price target on shares of Exxon Mobil in a research report on Monday, February 2nd. Nine equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Exxon Mobil currently has a consensus rating of “Hold” and an average target price of $140.59.

View Our Latest Stock Analysis on XOM

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the sale, the vice president directly owned 23,584 shares of the company’s stock, valued at $3,295,864. The trade was a 17.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders have sold 14,230 shares of company stock worth $1,888,421. Insiders own 0.03% of the company’s stock.

Exxon Mobil Trading Up 1.5%

Shares of NYSE XOM opened at $151.22 on Tuesday. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. Exxon Mobil Corporation has a 12 month low of $97.80 and a 12 month high of $151.55. The company has a market cap of $637.72 billion, a price-to-earnings ratio of 22.60, a P/E/G ratio of 15.49 and a beta of 0.39. The business has a fifty day simple moving average of $126.47 and a 200-day simple moving average of $117.70.

Exxon Mobil (NYSE:XOMGet Free Report) last posted its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The company had revenue of $82.31 billion during the quarter, compared to analyst estimates of $77.98 billion. During the same period in the prior year, the firm earned $1.67 earnings per share. The business’s quarterly revenue was down 1.3% on a year-over-year basis. Sell-side analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Thursday, February 12th will be paid a $1.03 dividend. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. Exxon Mobil’s dividend payout ratio (DPR) is currently 61.58%.

Key Exxon Mobil News

Here are the key news stories impacting Exxon Mobil this week:

Exxon Mobil Company Profile

(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.

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

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