Heck Capital Advisors LLC Acquires Shares of 4,293 Exxon Mobil Corporation $XOM

Heck Capital Advisors LLC acquired a new position in shares of Exxon Mobil Corporation (NYSE:XOMFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 4,293 shares of the oil and gas company’s stock, valued at approximately $517,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Northern Trust Corp increased its position in Exxon Mobil by 1.0% during the third quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock worth $4,963,934,000 after acquiring an additional 445,283 shares during the period. Franklin Resources Inc. boosted its holdings in Exxon Mobil by 7.4% in the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock valued at $4,366,655,000 after purchasing an additional 2,660,910 shares during the period. Capital Research Global Investors boosted its holdings in Exxon Mobil by 0.4% in the 3rd quarter. Capital Research Global Investors now owns 33,620,927 shares of the oil and gas company’s stock valued at $3,790,773,000 after purchasing an additional 127,466 shares during the period. Fisher Asset Management LLC grew its position in shares of Exxon Mobil by 1.1% during the 3rd quarter. Fisher Asset Management LLC now owns 31,194,493 shares of the oil and gas company’s stock worth $3,517,179,000 after purchasing an additional 340,785 shares in the last quarter. Finally, Legal & General Group Plc grew its position in shares of Exxon Mobil by 4.5% during the 3rd quarter. Legal & General Group Plc now owns 20,396,334 shares of the oil and gas company’s stock worth $2,299,687,000 after purchasing an additional 886,087 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Trading Down 0.0%

NYSE XOM opened at $160.63 on Friday. The stock has a market capitalization of $669.31 billion, a P/E ratio of 24.01, a P/E/G ratio of 1.11 and a beta of 0.29. The business has a 50 day simple moving average of $152.53 and a 200 day simple moving average of $129.95. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $176.41.

Exxon Mobil (NYSE:XOMGet Free Report) last posted its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. The firm had revenue of $80.04 billion for the quarter, compared to analysts’ expectations of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The company’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.67 EPS. Research analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were paid a dividend of $1.03 per share. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.6%. Exxon Mobil’s dividend payout ratio is currently 61.58%.

Key Headlines Impacting Exxon Mobil

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on XOM shares. Zacks Research upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. BNP Paribas Exane downgraded Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price target on the stock. in a research report on Tuesday, February 3rd. Sanford C. Bernstein dropped their price objective on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a report on Monday, January 5th. Barclays upped their target price on Exxon Mobil from $145.00 to $163.00 and gave the company an “overweight” rating in a research report on Monday, March 16th. Finally, Royal Bank Of Canada increased their target price on Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a report on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $152.39.

View Our Latest Analysis on Exxon Mobil

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 1,080 shares of the firm’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $155.50, for a total value of $167,940.00. Following the completion of the sale, the vice president directly owned 17,124 shares in the company, valued at approximately $2,662,782. This trade represents a 5.93% 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 ninety days. Company insiders own 0.03% of the company’s stock.

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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