Advisor Resource Council Has $475,000 Position in Exxon Mobil Co. (NYSE:XOM)

Advisor Resource Council lessened its holdings in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 66.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,416 shares of the oil and gas company's stock after selling 8,909 shares during the quarter. Advisor Resource Council's holdings in Exxon Mobil were worth $475,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Geode Capital Management LLC lifted its position in Exxon Mobil by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 93,299,598 shares of the oil and gas company's stock worth $10,023,875,000 after acquiring an additional 1,104,617 shares during the last quarter. Norges Bank bought a new stake in shares of Exxon Mobil during the fourth quarter worth $6,936,737,000. Northern Trust Corp grew its stake in shares of Exxon Mobil by 7.0% in the fourth quarter. Northern Trust Corp now owns 46,017,358 shares of the oil and gas company's stock worth $4,950,087,000 after purchasing an additional 2,998,892 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Exxon Mobil by 14.4% in the fourth quarter. Bank of New York Mellon Corp now owns 43,983,110 shares of the oil and gas company's stock worth $4,731,263,000 after purchasing an additional 5,538,694 shares during the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of Exxon Mobil by 13.1% in the fourth quarter. Franklin Resources Inc. now owns 35,662,602 shares of the oil and gas company's stock worth $3,836,226,000 after purchasing an additional 4,140,046 shares during the last quarter. 61.80% of the stock is owned by institutional investors.

Exxon Mobil Stock Up 0.4%

Shares of XOM traded up $0.45 during mid-day trading on Tuesday, reaching $103.48. 13,011,033 shares of the stock traded hands, compared to its average volume of 15,545,595. The firm has a market cap of $445.96 billion, a price-to-earnings ratio of 13.20, a P/E/G ratio of 3.02 and a beta of 0.51. The stock has a fifty day simple moving average of $108.01 and a 200 day simple moving average of $110.13. Exxon Mobil Co. has a 12-month low of $97.80 and a 12-month high of $126.34. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

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

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.99 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.96 annualized dividend and a yield of 3.83%. Exxon Mobil's payout ratio is presently 52.52%.

Analyst Upgrades and Downgrades

XOM has been the topic of several research reports. Bernstein Bank upped their price objective on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an "overweight" rating in a report on Friday, January 31st. UBS Group lowered their target price on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Royal Bank of Canada reiterated a "sector perform" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. HSBC dropped their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating for the company in a report on Friday, January 31st. Finally, Barclays reiterated a "hold" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, ten have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Exxon Mobil currently has a consensus rating of "Moderate Buy" and an average price target of $125.50.

About Exxon Mobil

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.