Freestone Capital Holdings LLC raised its holdings in ExxonMobil Corporation (NYSE:XOM - Free Report) by 6.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 183,001 shares of the oil and gas company's stock after acquiring an additional 11,714 shares during the quarter. ExxonMobil accounts for about 0.7% of Freestone Capital Holdings LLC's portfolio, making the stock its 29th biggest holding. Freestone Capital Holdings LLC's holdings in ExxonMobil were worth $22,022,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Westfuller Advisors LLC purchased a new stake in ExxonMobil during the third quarter valued at about $30,000. Clayton Financial Group LLC purchased a new stake in ExxonMobil during the third quarter valued at about $40,000. TruNorth Capital Management LLC lifted its stake in ExxonMobil by 1,595.2% during the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company's stock valued at $40,000 after buying an additional 335 shares in the last quarter. Halbert Hargrove Global Advisors LLC lifted its stake in ExxonMobil by 95.8% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company's stock valued at $42,000 after buying an additional 181 shares in the last quarter. Finally, Marquette Asset Management LLC lifted its stake in ExxonMobil by 307.0% during the third quarter. Marquette Asset Management LLC now owns 407 shares of the oil and gas company's stock valued at $46,000 after buying an additional 307 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, VP Darrin L. Talley sold 5,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president owned 23,584 shares in the company, valued at approximately $3,295,864. This represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders sold a total of 11,460 shares of company stock valued at $1,687,854 in the last 90 days. Corporate insiders own 0.03% of the company's stock.
ExxonMobil Trading Up 1.9%
NYSE:XOM opened at $151.80 on Friday. The stock's 50 day moving average price is $155.04 and its 200 day moving average price is $132.36. ExxonMobil Corporation has a 52 week low of $101.18 and a 52 week high of $176.41. The company has a market capitalization of $630.95 billion, a P/E ratio of 22.69, a P/E/G ratio of 0.90 and a beta of 0.29. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15.
ExxonMobil (NYSE:XOM - Get Free Report) last released its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping analysts' consensus estimates of $1.63 by $0.08. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.The firm had revenue of $80.04 billion for the quarter, compared to the consensus estimate of $77.98 billion. During the same quarter in the prior year, the company posted $1.67 earnings per share. The firm's revenue was down 1.3% on a year-over-year basis. On average, research analysts forecast that ExxonMobil Corporation will post 7.43 EPS for the current fiscal year.
ExxonMobil Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were issued a $1.03 dividend. The ex-dividend date was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. ExxonMobil's dividend payout ratio is currently 61.58%.
Key Stories Impacting ExxonMobil
Here are the key news stories impacting ExxonMobil this week:
Wall Street Analysts Forecast Growth
A number of analysts have commented on the stock. Royal Bank Of Canada upped their price objective on shares of ExxonMobil from $160.00 to $180.00 and gave the company a "sector perform" rating in a research note on Thursday, April 9th. Piper Sandler reduced their price objective on shares of ExxonMobil from $186.00 to $182.00 and set an "overweight" rating for the company in a research note on Thursday, April 9th. BMO Capital Markets reaffirmed a "market perform" rating and set a $155.00 price objective on shares of ExxonMobil in a research note on Wednesday, February 4th. Zacks Research raised shares of ExxonMobil from a "strong sell" rating to a "hold" rating in a research report on Friday, January 30th. Finally, Mizuho increased their price target on shares of ExxonMobil from $140.00 to $162.00 and gave the stock a "neutral" rating in a research report on Tuesday, March 17th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $159.20.
Check Out Our Latest Stock Analysis on ExxonMobil
ExxonMobil Company Profile
(
Free Report)
ExxonMobil Corporation NYSE: XOM is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.
ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.
Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider ExxonMobil, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ExxonMobil wasn't on the list.
While ExxonMobil currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link to see MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.