Grubman Wealth Management purchased a new position in shares of Exxon Mobil Co. (NYSE:XOM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,400 shares of the oil and gas company’s stock, valued at approximately $201,000.

Other hedge funds also recently modified their holdings of the company. Asset Management Advisors LLC lifted its holdings in Exxon Mobil by 0.3% in the second quarter. Asset Management Advisors LLC now owns 2,515 shares of the oil and gas company’s stock worth $203,000 after acquiring an additional 7 shares during the last quarter. C M Bidwell & Associates Ltd. lifted its holdings in Exxon Mobil by 1.3% in the second quarter. C M Bidwell & Associates Ltd. now owns 2,430 shares of the oil and gas company’s stock worth $196,000 after acquiring an additional 30 shares during the last quarter. Lehman Financial Resources Inc. lifted its holdings in Exxon Mobil by 0.5% in the second quarter. Lehman Financial Resources Inc. now owns 7,176 shares of the oil and gas company’s stock worth $579,000 after acquiring an additional 35 shares during the last quarter. Intellectus Partners LLC lifted its holdings in Exxon Mobil by 0.7% in the second quarter. Intellectus Partners LLC now owns 6,152 shares of the oil and gas company’s stock worth $497,000 after acquiring an additional 41 shares during the last quarter. Finally, Bellwether Investment Group LLC lifted its holdings in Exxon Mobil by 1.3% in the second quarter. Bellwether Investment Group LLC now owns 3,355 shares of the oil and gas company’s stock worth $271,000 after acquiring an additional 44 shares during the last quarter. 53.11% of the stock is currently owned by institutional investors and hedge funds.

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Exxon Mobil stock opened at $75.04 on Thursday. Exxon Mobil Co. has a 12 month low of $73.53 and a 12 month high of $89.30. The company has a current ratio of 0.82, a quick ratio of 0.52 and a debt-to-equity ratio of 0.13. The company has a market cap of $314,207.81, a P/E ratio of 16.21, a P/E/G ratio of 1.11 and a beta of 0.91.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $0.88 EPS for the quarter, missing the Zacks’ consensus estimate of $1.06 by ($0.18). Exxon Mobil had a net margin of 7.61% and a return on equity of 8.00%. The company had revenue of $66.52 billion for the quarter, compared to analyst estimates of $74.41 billion. During the same quarter in the prior year, the business earned $0.41 EPS. Exxon Mobil’s revenue was up 9.0% compared to the same quarter last year. research analysts expect that Exxon Mobil Co. will post 4.82 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 9th. Investors of record on Monday, February 12th were paid a dividend of $0.77 per share. The ex-dividend date was Friday, February 9th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 4.10%. Exxon Mobil’s dividend payout ratio is presently 66.52%.

XOM has been the topic of a number of recent research reports. Vetr cut shares of Exxon Mobil from a “strong-buy” rating to a “buy” rating and set a $90.47 target price on the stock. in a report on Thursday, November 23rd. Royal Bank of Canada reissued a “sector perform” rating on shares of Exxon Mobil in a report on Friday, November 24th. UBS set a $83.00 target price on shares of Exxon Mobil and gave the stock a “neutral” rating in a report on Monday, December 4th. Credit Suisse Group initiated coverage on shares of Exxon Mobil in a report on Monday, December 11th. They issued a “neutral” rating and a $83.00 target price on the stock. Finally, JPMorgan Chase & Co. set a $81.00 target price on shares of Exxon Mobil and gave the stock a “neutral” rating in a report on Tuesday, December 12th. Five equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $86.55.

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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.

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

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