AEGON ASSET MANAGEMENT UK Plc Purchases 1,229 Shares of Exxon Mobil Co. (NYSE:XOM)

AEGON ASSET MANAGEMENT UK Plc grew its position in shares of Exxon Mobil Co. (NYSE:XOM) by 0.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 533,301 shares of the oil and gas company’s stock after acquiring an additional 1,229 shares during the quarter. Exxon Mobil comprises 0.9% of AEGON ASSET MANAGEMENT UK Plc’s holdings, making the stock its 27th largest holding. AEGON ASSET MANAGEMENT UK Plc’s holdings in Exxon Mobil were worth $62,503,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of XOM. Leavell Investment Management Inc. increased its position in shares of Exxon Mobil by 10.1% during the third quarter. Leavell Investment Management Inc. now owns 65,246 shares of the oil and gas company’s stock worth $7,648,000 after acquiring an additional 6,001 shares in the last quarter. Fiera Capital Corp boosted its stake in Exxon Mobil by 8.7% during the 3rd quarter. Fiera Capital Corp now owns 5,419 shares of the oil and gas company’s stock valued at $635,000 after purchasing an additional 433 shares during the last quarter. Triune Financial Partners LLC purchased a new stake in shares of Exxon Mobil in the third quarter worth approximately $488,000. Hollencrest Capital Management lifted its holdings in shares of Exxon Mobil by 0.7% in the third quarter. Hollencrest Capital Management now owns 22,283 shares of the oil and gas company’s stock valued at $2,612,000 after purchasing an additional 160 shares in the last quarter. Finally, ABLE Financial Group LLC boosted its position in shares of Exxon Mobil by 7.6% during the third quarter. ABLE Financial Group LLC now owns 3,499 shares of the oil and gas company’s stock valued at $410,000 after buying an additional 246 shares during the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Trading Down 0.0 %

Shares of XOM opened at $121.11 on Friday. The firm has a market cap of $532.29 billion, a P/E ratio of 15.08, a price-to-earnings-growth ratio of 5.07 and a beta of 0.90. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $126.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. The business has a 50-day moving average of $117.91 and a 200 day moving average of $116.40.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.01. The company had revenue of $90.02 billion for the quarter, compared to analyst estimates of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The company’s quarterly revenue was down .8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.27 earnings per share. As a group, research analysts forecast that Exxon Mobil Co. will post 7.95 EPS for the current year.

Exxon Mobil Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th will be issued a $0.99 dividend. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.27%. The ex-dividend date is Thursday, November 14th. Exxon Mobil’s dividend payout ratio (DPR) is presently 49.32%.

Analysts Set New Price Targets

A number of research firms recently commented on XOM. Wells Fargo & Company increased their price target on Exxon Mobil from $135.00 to $136.00 and gave the company an “overweight” rating in a research report on Friday, September 27th. UBS Group dropped their price target on shares of Exxon Mobil from $157.00 to $149.00 and set a “buy” rating on the stock in a research report on Wednesday, September 18th. BMO Capital Markets upped their price objective on shares of Exxon Mobil from $127.00 to $130.00 and gave the stock a “market perform” rating in a research report on Friday, October 4th. Bank of America initiated coverage on shares of Exxon Mobil in a research report on Thursday, October 17th. They set a “neutral” rating and a $124.00 target price on the stock. Finally, Redburn Atlantic reaffirmed a “neutral” rating and issued a $120.00 target price (up from $119.00) on shares of Exxon Mobil in a report on Tuesday, September 24th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $129.95.

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.