Exxon Mobil Co. (NYSE:XOM) Stock Holdings Boosted by Jag Capital Management LLC

Jag Capital Management LLC lifted its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 8.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,944 shares of the oil and gas company’s stock after acquiring an additional 156 shares during the quarter. Jag Capital Management LLC’s holdings in Exxon Mobil were worth $209,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Keystone Financial Group Inc. bought a new stake in shares of Exxon Mobil during the 4th quarter worth $36,000. Retirement Wealth Solutions LLC bought a new stake in shares of Exxon Mobil during the 4th quarter worth $46,000. Compass Planning Associates Inc bought a new stake in shares of Exxon Mobil during the 4th quarter worth $47,000. Peterson Financial Group Inc. bought a new stake in shares of Exxon Mobil during the 3rd quarter worth $51,000. Finally, Synergy Investment Management LLC bought a new stake in shares of Exxon Mobil during the 4th quarter worth $47,000. 61.80% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on XOM. TD Cowen decreased their target price on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research report on Monday, December 16th. Argus raised Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $115.00 target price on shares of Exxon Mobil in a research report on Monday, February 3rd. Morgan Stanley raised their target price on Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. Finally, Scotiabank decreased their target price on Exxon Mobil from $145.00 to $140.00 in a research report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Exxon Mobil currently has an average rating of “Moderate Buy” and an average target price of $129.25.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the transaction, the vice president now directly owns 18,087 shares in the company, valued at $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Price Performance

NYSE XOM opened at $105.51 on Thursday. Exxon Mobil Co. has a fifty-two week low of $103.67 and a fifty-two week high of $126.34. The stock’s 50-day moving average is $108.98 and its two-hundred day moving average is $113.98. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The firm has a market cap of $457.82 billion, a P/E ratio of 13.46, a price-to-earnings-growth ratio of 3.02 and a beta of 0.89.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period in the prior year, the business earned $2.48 EPS. On average, analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be issued a dividend of $0.99 per share. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.75%. Exxon Mobil’s dividend payout ratio (DPR) is currently 50.51%.

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.