Exxon Mobil Co. (XOM) Position Increased by CWA Asset Management Group LLC

CWA Asset Management Group LLC raised its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 25.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,815 shares of the company’s stock after buying an additional 12,399 shares during the period. Exxon Mobil accounts for approximately 2.3% of CWA Asset Management Group LLC’s holdings, making the stock its 8th largest position. CWA Asset Management Group LLC’s holdings in Exxon Mobil were worth $5,489,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of XOM. Rockland Trust Co. raised its stake in Exxon Mobil by 5.4% in the third quarter. Rockland Trust Co. now owns 127,632 shares of the company’s stock valued at $11,140,000 after buying an additional 6,494 shares in the last quarter. Northpointe Capital LLC raised its stake in Exxon Mobil by 4.5% in the third quarter. Northpointe Capital LLC now owns 131,432 shares of the company’s stock valued at $11,471,000 after buying an additional 5,689 shares in the last quarter. Kessler Investment Group LLC raised its stake in Exxon Mobil by 7.8% in the third quarter. Kessler Investment Group LLC now owns 33,551 shares of the company’s stock valued at $2,928,000 after buying an additional 2,428 shares in the last quarter. Mastrapasqua Asset Management Inc. raised its stake in shares of Exxon Mobil by 6.8% in the third quarter. Mastrapasqua Asset Management Inc. now owns 56,265 shares of the company’s stock valued at $4,911,000 after buying an additional 3,594 shares during the period. Finally, Mizuho Trust & Banking Co. Ltd. raised its stake in shares of Exxon Mobil by 1.0% in the third quarter. Mizuho Trust & Banking Co. Ltd. now owns 6,613,899 shares of the company’s stock valued at $577,261,000 after buying an additional 62,325 shares during the period. 51.09% of the stock is owned by institutional investors.

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

Exxon Mobil Co. (NYSE:XOM) opened at 81.25 on Tuesday. Exxon Mobil Co. has a one year low of $80.31 and a one year high of $95.55. The company’s 50-day moving average price is $82.01 and its 200-day moving average price is $85.51. The stock has a market cap of $336.90 billion, a P/E ratio of 43.29 and a beta of 0.91.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Tuesday, January 31st. The company reported $0.41 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.70 by $0.29. The firm had revenue of $61.02 billion for the quarter, compared to analysts’ expectations of $62.28 billion. Exxon Mobil had a net margin of 3.47% and a return on equity of 5.56%. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.67 EPS. Analysts forecast that Exxon Mobil Co. will post $4.05 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 10th. Stockholders of record on Thursday, February 9th were given a dividend of $0.75 per share. The ex-dividend date was Tuesday, February 7th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 3.69%. Exxon Mobil’s payout ratio is 159.58%.

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Several equities research analysts have issued reports on the company. Goldman Sachs Group Inc set a $96.00 price target on Exxon Mobil and gave the stock a “neutral” rating in a research note on Tuesday, December 20th. HSBC Holdings plc dropped their price target on Exxon Mobil from $90.00 to $85.00 and set a “hold” rating for the company in a research note on Wednesday, March 8th. They noted that the move was a valuation call. Macquarie reaffirmed an “underperform” rating and set a $75.00 price target on shares of Exxon Mobil in a research note on Saturday, December 17th. BMO Capital Markets assumed coverage on Exxon Mobil in a research note on Thursday, December 1st. They set a “market perform” rating and a $78.00 price target for the company. They noted that the move was a valuation call. Finally, Credit Suisse Group AG set a $78.00 price target on Exxon Mobil and gave the stock a “sell” rating in a research note on Wednesday, February 1st. Seven research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $90.58.

About Exxon Mobil

Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.

5 Day Chart for NYSE:XOM

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