Robeco Institutional Asset Management B.V. Has $161.67 Million Holdings in Exxon Mobil Corporation (NYSE:XOM)

Robeco Institutional Asset Management B.V. cut its position in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 6.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,359,348 shares of the oil and gas company's stock after selling 99,978 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Exxon Mobil were worth $161,667,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in XOM. 10Elms LLP acquired a new position in shares of Exxon Mobil during the fourth quarter worth approximately $25,000. Fairway Wealth LLC acquired a new position in shares of Exxon Mobil during the fourth quarter worth approximately $31,000. Capital A Wealth Management LLC acquired a new position in shares of Exxon Mobil during the fourth quarter worth approximately $32,000. Synergy Investment Management LLC acquired a new position in shares of Exxon Mobil during the fourth quarter worth approximately $47,000. Finally, Clarity Asset Management Inc. lifted its position in shares of Exxon Mobil by 29.7% during the fourth quarter. Clarity Asset Management Inc. now owns 437 shares of the oil and gas company's stock worth $47,000 after purchasing an additional 100 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on XOM. Mizuho dropped their price target on shares of Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating for the company in a research note on Tuesday, May 13th. UBS Group dropped their price target on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Piper Sandler downgraded shares of Exxon Mobil from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 28th. Morgan Stanley dropped their price target on shares of Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating for the company in a research note on Thursday, March 27th. Finally, Barclays reissued a "hold" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $125.10.

Exxon Mobil Stock Down 0.5%

Shares of XOM stock opened at $109.40 on Friday. The firm has a fifty day moving average of $107.04 and a 200-day moving average of $108.50. The company has a quick ratio of 0.90, a current ratio of 1.24 and a debt-to-equity ratio of 0.12. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $126.34. The company has a market capitalization of $471.49 billion, a price-to-earnings ratio of 14.51, a P/E/G ratio of 2.13 and a beta of 0.49.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $86.11 billion. During the same quarter in the prior year, the firm earned $2.06 earnings per share. The firm's revenue was up .1% compared to the same quarter last year. As a group, equities research analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Thursday, May 15th were given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date of this dividend was Thursday, May 15th. Exxon Mobil's dividend payout ratio (DPR) is currently 52.52%.

Exxon Mobil 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.

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