Crossmark Global Holdings Inc. Boosts Holdings in Exxon Mobil Corporation (NYSE:XOM)

Crossmark Global Holdings Inc. boosted its holdings in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 0.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 335,993 shares of the oil and gas company's stock after acquiring an additional 2,928 shares during the period. Exxon Mobil accounts for approximately 0.7% of Crossmark Global Holdings Inc.'s investment portfolio, making the stock its 19th biggest position. Crossmark Global Holdings Inc.'s holdings in Exxon Mobil were worth $39,960,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Geode Capital Management LLC boosted its holdings in Exxon Mobil by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 93,299,598 shares of the oil and gas company's stock valued at $10,023,875,000 after purchasing an additional 1,104,617 shares during the last quarter. Norges Bank acquired a new position in Exxon Mobil in the 4th quarter valued at about $6,936,737,000. Northern Trust Corp lifted its holdings in shares of Exxon Mobil by 7.0% in the 4th quarter. Northern Trust Corp now owns 46,017,358 shares of the oil and gas company's stock worth $4,950,087,000 after acquiring an additional 2,998,892 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Exxon Mobil by 3.0% in the 1st quarter. Bank of New York Mellon Corp now owns 45,323,453 shares of the oil and gas company's stock worth $5,390,318,000 after acquiring an additional 1,340,343 shares during the last quarter. Finally, Franklin Resources Inc. lifted its holdings in shares of Exxon Mobil by 13.1% in the 4th quarter. Franklin Resources Inc. now owns 35,662,602 shares of the oil and gas company's stock worth $3,836,226,000 after acquiring an additional 4,140,046 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Stock Up 0.4%

Shares of NYSE:XOM traded up $0.48 during trading hours on Thursday, reaching $114.28. The stock had a trading volume of 4,962,941 shares, compared to its average volume of 16,979,236. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $126.34. The firm's 50 day moving average is $107.65 and its 200-day moving average is $108.66. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.90 and a current ratio of 1.24. The stock has a market capitalization of $492.49 billion, a price-to-earnings ratio of 15.16, a P/E/G ratio of 2.19 and a beta of 0.50.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, beating analysts' consensus estimates of $1.73 by $0.03. Exxon Mobil had a net margin of 9.49% and a return on equity of 12.06%. The company had revenue of $83.13 billion for the quarter, compared to the consensus estimate of $86.11 billion. During the same period in the prior year, the firm posted $2.06 EPS. The company's quarterly revenue was up .1% compared to the same quarter last year. Research analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th were given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.47%. The ex-dividend date of this dividend was Thursday, May 15th. Exxon Mobil's dividend payout ratio is presently 52.52%.

Analyst Upgrades and Downgrades

XOM has been the topic of several recent analyst reports. TD Cowen upped their price objective on shares of Exxon Mobil from $120.00 to $128.00 and gave the stock a "buy" rating in a report on Monday, June 23rd. UBS Group decreased their price objective on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Morgan Stanley decreased their price objective on shares of Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. Scotiabank decreased their price objective on shares of Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating on the stock in a report on Friday, April 11th. Finally, Wells Fargo & Company set a $127.00 price objective on shares of Exxon Mobil and gave the stock an "overweight" rating in a report on Thursday, June 26th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $125.55.

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.