Total Investment Management Inc. Purchases 340 Shares of Exxon Mobil Co. (NYSE:XOM)

Total Investment Management Inc. grew its position in Exxon Mobil Co. (NYSE:XOM) by 15.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,477 shares of the oil and gas company’s stock after purchasing an additional 340 shares during the period. Total Investment Management Inc.’s holdings in Exxon Mobil were worth $266,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of XOM. International Assets Investment Management LLC lifted its holdings in shares of Exxon Mobil by 7,761.0% in the third quarter. International Assets Investment Management LLC now owns 6,893,677 shares of the oil and gas company’s stock valued at $808,077,000 after purchasing an additional 6,805,982 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in shares of Exxon Mobil by 1,524.1% in the fourth quarter. Pacer Advisors Inc. now owns 5,445,922 shares of the oil and gas company’s stock valued at $585,818,000 after purchasing an additional 5,110,603 shares in the last quarter. Franklin Resources Inc. increased its position in shares of Exxon Mobil by 16.3% in the third quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company’s stock valued at $3,936,929,000 after acquiring an additional 4,415,012 shares during the last quarter. Assenagon Asset Management S.A. increased its position in shares of Exxon Mobil by 168.5% in the third quarter. Assenagon Asset Management S.A. now owns 4,530,457 shares of the oil and gas company’s stock valued at $531,060,000 after acquiring an additional 2,842,844 shares during the last quarter. Finally, Strategic Financial Concepts LLC increased its position in shares of Exxon Mobil by 11,131.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,792,811 shares of the oil and gas company’s stock valued at $192,853,000 after acquiring an additional 1,776,848 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Price Performance

Exxon Mobil stock opened at $110.30 on Thursday. Exxon Mobil Co. has a 12 month low of $102.64 and a 12 month high of $126.34. The stock’s 50 day moving average is $108.60 and its 200-day moving average is $114.53. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $484.76 billion, a price-to-earnings ratio of 14.07, a PEG ratio of 2.91 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period in the prior year, the firm earned $2.48 earnings per share. Equities research analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be paid a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.59%. The ex-dividend date is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is currently 50.51%.

Analysts Set New Price Targets

A number of research firms recently issued reports on XOM. JPMorgan Chase & Co. lowered their target price on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research report on Monday, December 16th. Scotiabank lowered their target price on Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. Argus raised Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. Wells Fargo & Company lowered their target price on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. Finally, TD Cowen lowered their price target on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $129.25.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the sale, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.03% of the stock is currently owned by corporate insiders.

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.