Key Client Fiduciary Advisors LLC Has $1.51 Million Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Key Client Fiduciary Advisors LLC raised its holdings in Exxon Mobil Co. (NYSE:XOM) by 36.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,943 shares of the oil and gas company’s stock after acquiring an additional 3,437 shares during the quarter. Exxon Mobil comprises approximately 0.8% of Key Client Fiduciary Advisors LLC’s holdings, making the stock its 27th largest position. Key Client Fiduciary Advisors LLC’s holdings in Exxon Mobil were worth $1,505,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Exxon Mobil in the fourth quarter worth $5,519,753,000. Global Assets Advisory LLC lifted its stake in shares of Exxon Mobil by 16,399.4% in the first quarter. Global Assets Advisory LLC now owns 12,616,904 shares of the oil and gas company’s stock worth $1,466,589,000 after buying an additional 12,540,435 shares during the last quarter. Fisher Asset Management LLC lifted its stake in shares of Exxon Mobil by 566.2% in the fourth 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 buying an additional 11,216,602 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of Exxon Mobil by 10,221.0% in the fourth 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 buying an additional 4,870,115 shares during the last quarter. Finally, Capital International Investors lifted its stake in shares of Exxon Mobil by 22.8% in the fourth quarter. Capital International Investors now owns 21,988,523 shares of the oil and gas company’s stock worth $2,198,413,000 after buying an additional 4,084,458 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently weighed in on XOM. Mizuho boosted their price objective on shares of Exxon Mobil from $125.00 to $128.00 and gave the stock a “neutral” rating in a research note on Monday, May 13th. Scotiabank boosted their target price on shares of Exxon Mobil from $114.00 to $129.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 11th. Morgan Stanley reaffirmed an “overweight” rating and set a $145.00 target price on shares of Exxon Mobil in a research report on Wednesday, May 15th. TD Cowen boosted their target price on shares of Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. Finally, UBS Group boosted their target price on shares of Exxon Mobil from $152.00 to $154.00 and gave the stock a “buy” rating in a research report on Tuesday. Nine equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $133.82.

Exxon Mobil Stock Up 0.0 %

XOM opened at $114.40 on Thursday. The firm’s 50-day simple moving average is $115.50 and its 200-day simple moving average is $109.39. 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 Co. has a twelve month low of $95.77 and a twelve month high of $123.75. The firm has a market cap of $451.08 billion, a price-to-earnings ratio of 14.02, a PEG ratio of 4.11 and a beta of 0.92.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share 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 firm had revenue of $83.08 billion during the quarter, compared to the consensus estimate of $79.69 billion. During the same period in the previous year, the company posted $2.83 EPS. The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. Equities research analysts anticipate that Exxon Mobil Co. will post 9.28 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th were issued a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 3.32%. The ex-dividend date was Tuesday, May 14th. Exxon Mobil’s payout ratio is 46.57%.

Insider Buying and Selling

In related 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 transaction, the vice president now owns 25,363 shares in the company, valued at approximately $3,018,450.63. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.03% of the stock is owned by corporate insiders.

Exxon Mobil Company 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.