Annex Advisory Services LLC Boosts Holdings in ExxonMobil Corporation $XOM

Annex Advisory Services LLC increased its stake in shares of ExxonMobil Corporation (NYSE:XOMFree Report) by 46.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 20,374 shares of the oil and gas company’s stock after purchasing an additional 6,453 shares during the period. Annex Advisory Services LLC’s holdings in ExxonMobil were worth $2,452,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in XOM. Maryland State Retirement & Pension System boosted its position in ExxonMobil by 2.6% in the 3rd quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock valued at $24,342,000 after buying an additional 5,573 shares during the period. Capital Investment Advisors LLC boosted its position in ExxonMobil by 6.6% in the 4th quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company’s stock valued at $27,857,000 after buying an additional 14,233 shares during the period. U.S. Capital Wealth Advisors LLC lifted its position in shares of ExxonMobil by 3.3% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock worth $34,576,000 after purchasing an additional 9,831 shares during the last quarter. New Age Alpha Advisors LLC lifted its position in shares of ExxonMobil by 5.6% during the 3rd quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock worth $18,778,000 after purchasing an additional 8,853 shares during the last quarter. Finally, HORAN Wealth LLC lifted its position in shares of ExxonMobil by 78.3% during the 3rd quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock worth $1,486,000 after purchasing an additional 5,788 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling

In other ExxonMobil news, VP Darrin L. Talley sold 5,000 shares of ExxonMobil stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president directly owned 23,584 shares in the company, valued at approximately $3,295,864. The trade was a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold 11,460 shares of company stock valued at $1,687,854 in the last quarter. Insiders own 0.03% of the company’s stock.

ExxonMobil Trading Down 3.6%

NYSE XOM opened at $146.50 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. The firm has a market cap of $608.95 billion, a PE ratio of 21.90, a P/E/G ratio of 0.87 and a beta of 0.29. ExxonMobil Corporation has a one year low of $101.18 and a one year high of $176.41. The firm’s fifty day moving average is $154.99 and its two-hundred day moving average is $132.59.

ExxonMobil (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. The company had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. ExxonMobil’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.67 earnings per share. Analysts expect that ExxonMobil Corporation will post 7.43 earnings per share for the current year.

ExxonMobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were paid a $1.03 dividend. The ex-dividend date was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a yield of 2.8%. ExxonMobil’s payout ratio is currently 61.58%.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

Analyst Ratings Changes

Several equities research analysts have recently issued reports on XOM shares. Loop Capital set a $123.00 price objective on shares of ExxonMobil in a research report on Tuesday, February 3rd. Mizuho lifted their price objective on shares of ExxonMobil from $140.00 to $162.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. JPMorgan Chase & Co. lifted their price objective on shares of ExxonMobil from $140.00 to $170.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. Royal Bank Of Canada lifted their price objective on shares of ExxonMobil from $160.00 to $180.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 9th. Finally, Scotiabank raised shares of ExxonMobil to a “strong-buy” rating in a research report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $161.15.

Get Our Latest Stock Report on ExxonMobil

ExxonMobil Company Profile

(Free Report)

ExxonMobil 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 ExxonMobil (NYSE:XOM)

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