Crawford Investment Counsel Inc. Has $8.32 Million Stock Holdings in Exxon Mobil Corporation $XOM

Crawford Investment Counsel Inc. increased its holdings in shares of Exxon Mobil Corporation (NYSE:XOMFree Report) by 28.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 73,787 shares of the oil and gas company’s stock after purchasing an additional 16,354 shares during the period. Crawford Investment Counsel Inc.’s holdings in Exxon Mobil were worth $8,319,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in XOM. Maryland State Retirement & Pension System raised its holdings in shares of Exxon Mobil by 2.6% in the 3rd quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock worth $24,342,000 after acquiring an additional 5,573 shares during the last quarter. U.S. Capital Wealth Advisors LLC boosted its stake in Exxon Mobil by 3.3% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock valued at $34,576,000 after purchasing an additional 9,831 shares during the last quarter. Capital Counsel LLC NY boosted its stake in Exxon Mobil by 0.9% during the 2nd quarter. Capital Counsel LLC NY now owns 49,687 shares of the oil and gas company’s stock valued at $5,356,000 after purchasing an additional 460 shares during the last quarter. HORAN Wealth LLC increased its holdings in Exxon Mobil by 78.3% during the 3rd quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock worth $1,486,000 after purchasing an additional 5,788 shares in the last quarter. Finally, New Age Alpha Advisors LLC raised its stake in shares of Exxon Mobil by 5.6% in the third quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock worth $18,778,000 after purchasing an additional 8,853 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on XOM shares. TD Cowen raised their target price on Exxon Mobil from $135.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, February 3rd. Bank of America increased their price target on Exxon Mobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research report on Monday, March 2nd. Loop Capital set a $123.00 price objective on Exxon Mobil in a research note on Tuesday, February 3rd. Sanford C. Bernstein cut their price objective on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $155.00 target price on shares of Exxon Mobil in a research note on Wednesday, February 4th. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $146.00.

Check Out Our Latest Stock Report on XOM

Exxon Mobil Stock Performance

XOM stock opened at $156.29 on Monday. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The firm has a market cap of $651.20 billion, a PE ratio of 23.36, a P/E/G ratio of 1.22 and a beta of 0.35. The business has a 50 day moving average of $141.99 and a 200-day moving average of $124.76. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $159.60.

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

Exxon Mobil Announces Dividend

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

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,150 shares of Exxon Mobil stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $157.82, for a total transaction of $339,313.00. Following the sale, the vice president directly owned 18,204 shares in the company, valued at $2,872,955.28. The trade was a 10.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last quarter, insiders sold 13,380 shares of company stock worth $1,871,484. Insiders own 0.03% of the company’s stock.

Exxon Mobil News Roundup

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

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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