Ensign Peak Advisors Inc Has $541.07 Million Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Ensign Peak Advisors Inc trimmed its position in Exxon Mobil Co. (NYSE:XOM - Free Report) by 6.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,029,894 shares of the oil and gas company's stock after selling 359,608 shares during the quarter. Exxon Mobil accounts for approximately 1.0% of Ensign Peak Advisors Inc's portfolio, making the stock its 15th largest holding. Ensign Peak Advisors Inc owned about 0.11% of Exxon Mobil worth $541,066,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. First Manhattan CO. LLC. raised its stake in shares of Exxon Mobil by 0.7% during the fourth quarter. First Manhattan CO. LLC. now owns 200,022 shares of the oil and gas company's stock valued at $21,516,000 after purchasing an additional 1,356 shares during the period. Fullcircle Wealth LLC increased its stake in Exxon Mobil by 7.9% during the 4th quarter. Fullcircle Wealth LLC now owns 9,138 shares of the oil and gas company's stock worth $988,000 after buying an additional 667 shares during the period. Clarity Asset Management Inc. boosted its position in Exxon Mobil by 29.7% in the 4th quarter. Clarity Asset Management Inc. now owns 437 shares of the oil and gas company's stock valued at $47,000 after buying an additional 100 shares during the last quarter. Coastal Bridge Advisors LLC increased its position in shares of Exxon Mobil by 1.1% during the fourth quarter. Coastal Bridge Advisors LLC now owns 106,532 shares of the oil and gas company's stock worth $11,460,000 after acquiring an additional 1,137 shares during the last quarter. Finally, Deutsche Bank AG lifted its stake in shares of Exxon Mobil by 10.1% in the fourth quarter. Deutsche Bank AG now owns 11,612,582 shares of the oil and gas company's stock worth $1,249,165,000 after acquiring an additional 1,066,374 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Stock Performance

Shares of NYSE XOM traded up $1.00 during mid-day trading on Tuesday, hitting $110.16. The company had a trading volume of 6,766,013 shares, compared to its average volume of 15,548,161. The business's 50-day simple moving average is $109.04 and its 200-day simple moving average is $111.01. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. Exxon Mobil Co. has a 12 month low of $97.80 and a 12 month high of $126.34. The firm has a market cap of $474.75 billion, a P/E ratio of 14.05, a PEG ratio of 3.02 and a beta of 0.51.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates of $1.73 by $0.03. Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. The company had revenue of $83.13 billion for the quarter, compared to the consensus estimate of $86.11 billion. The company's quarterly revenue was up .1% on a year-over-year basis. During the same period in the previous year, the business earned $2.06 earnings per share. As a group, analysts predict that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Thursday, May 15th will be given a dividend of $0.99 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a yield of 3.59%. Exxon Mobil's dividend payout ratio (DPR) is presently 52.52%.

Analyst Upgrades and Downgrades

XOM has been the topic of several analyst reports. Scotiabank dropped their price objective on Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating on the stock in a report on Friday, April 11th. UBS Group lowered their price objective on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Royal Bank of Canada reduced their price objective on Exxon Mobil from $115.00 to $105.00 and set a "sector perform" rating for the company in a research report on Monday, May 5th. The Goldman Sachs Group decreased their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating for the company in a report on Friday, January 31st. Finally, Barclays reduced their price objective on shares of Exxon Mobil from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, Exxon Mobil currently has a consensus rating of "Moderate Buy" and a consensus target price of $125.50.

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.