Yeomans Consulting Group Inc. Takes Position in Exxon Mobil Co. (NYSE:XOM)

Yeomans Consulting Group Inc. bought a new stake in Exxon Mobil Co. (NYSE:XOM) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 5,228 shares of the oil and gas company’s stock, valued at approximately $523,000.

Other large investors also recently made changes to their positions in the company. Norges Bank bought a new position in shares of Exxon Mobil during the 4th quarter worth approximately $5,519,753,000. Fisher Asset Management LLC raised its holdings in shares of Exxon Mobil by 566.2% in the 4th quarter. Fisher Asset Management LLC now owns 13,197,713 shares of the oil and gas company’s stock worth $1,319,507,000 after purchasing an additional 11,216,602 shares during the period. International Assets Investment Management LLC raised its holdings in shares of Exxon Mobil by 10,221.0% in the 4th quarter. International Assets Investment Management LLC now owns 4,917,763 shares of the oil and gas company’s stock worth $491,678,000 after purchasing an additional 4,870,115 shares during the period. Capital International Investors raised its holdings in shares of Exxon Mobil by 22.8% in the 4th quarter. Capital International Investors now owns 21,988,523 shares of the oil and gas company’s stock worth $2,198,413,000 after purchasing an additional 4,084,458 shares during the period. Finally, Wellington Management Group LLP raised its holdings in shares of Exxon Mobil by 75.7% in the 4th quarter. Wellington Management Group LLP now owns 5,483,900 shares of the oil and gas company’s stock worth $548,280,000 after purchasing an additional 2,363,395 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, VP Darrin L. Talley sold 2,426 shares of the company’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the transaction, the vice president now directly owns 25,363 shares of the company’s stock, valued at $3,018,450.63. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on XOM. Scotiabank lifted their price target on shares of Exxon Mobil from $114.00 to $129.00 and gave the stock a “sector perform” rating in a report on Thursday, April 11th. UBS Group lifted their price target on shares of Exxon Mobil from $150.00 to $152.00 and gave the stock a “buy” rating in a report on Tuesday, May 7th. Barclays initiated coverage on shares of Exxon Mobil in a report on Wednesday, April 10th. They set an “overweight” rating and a $147.00 target price on the stock. Mizuho boosted their target price on shares of Exxon Mobil from $125.00 to $128.00 and gave the company a “neutral” rating in a report on Monday, May 13th. Finally, Morgan Stanley reissued an “overweight” rating and set a $145.00 target price on shares of Exxon Mobil in a report on Wednesday, May 15th. Nine research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $133.71.

Exxon Mobil Stock Down 0.7 %

Shares of NYSE:XOM opened at $108.37 on Tuesday. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $123.75. The firm has a fifty day moving average of $116.59 and a 200 day moving average of $108.92. The firm has a market capitalization of $427.30 billion, a PE ratio of 13.28, a price-to-earnings-growth ratio of 3.89 and a beta of 0.92. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.06 and a current ratio of 1.38.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.19 by ($0.13). Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The company had revenue of $83.08 billion during the quarter, compared to analysts’ expectations of $79.69 billion. During the same quarter last year, the firm posted $2.83 earnings per share. The firm’s revenue was down 4.0% on a year-over-year basis. As a group, research analysts anticipate that Exxon Mobil Co. will post 9.36 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th were paid a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.51%. The ex-dividend date of this dividend was Tuesday, May 14th. Exxon Mobil’s dividend payout ratio (DPR) is 46.57%.

About Exxon Mobil

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.