Janus Henderson Group PLC Increases Stock Position in Exxon Mobil Co. (NYSE:XOM)

Janus Henderson Group PLC raised its stake in Exxon Mobil Co. (NYSE:XOM - Free Report) by 23.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 709,539 shares of the oil and gas company's stock after acquiring an additional 132,507 shares during the quarter. Janus Henderson Group PLC's holdings in Exxon Mobil were worth $76,362,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. KKM Financial LLC boosted its stake in Exxon Mobil by 4.9% in the 4th quarter. KKM Financial LLC now owns 24,440 shares of the oil and gas company's stock worth $2,629,000 after buying an additional 1,134 shares during the last quarter. Guardian Wealth Advisors LLC NC boosted its holdings in shares of Exxon Mobil by 7.5% in the 4th quarter. Guardian Wealth Advisors LLC NC now owns 16,919 shares of the oil and gas company's stock valued at $1,820,000 after purchasing an additional 1,186 shares during the last quarter. Global Assets Advisory LLC increased its holdings in shares of Exxon Mobil by 0.5% during the 4th quarter. Global Assets Advisory LLC now owns 100,228 shares of the oil and gas company's stock worth $10,755,000 after buying an additional 499 shares during the last quarter. Ground Swell Capital LLC purchased a new position in shares of Exxon Mobil in the 4th quarter worth $347,000. Finally, Focus Partners Wealth raised its position in shares of Exxon Mobil by 48.2% in the 4th quarter. Focus Partners Wealth now owns 1,987,843 shares of the oil and gas company's stock worth $223,414,000 after buying an additional 646,338 shares during the period. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil Price Performance

Shares of XOM traded down $0.04 during midday trading on Thursday, hitting $108.44. The company's stock had a trading volume of 14,990,663 shares, compared to its average volume of 15,574,024. The company's fifty day simple moving average is $109.07 and its two-hundred day simple moving average is $110.98. The stock has a market capitalization of $467.34 billion, a price-to-earnings ratio of 13.83, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. 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 Co. has a one year low of $97.80 and a one year high of $126.34.

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 for the quarter, topping the consensus estimate of $1.73 by $0.03. The company had revenue of $83.13 billion for the quarter, compared to analysts' expectations of $86.11 billion. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. Exxon Mobil's revenue for the quarter was up .1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.06 earnings per share. As a group, equities analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be given a $0.99 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.96 annualized dividend and a yield of 3.65%. Exxon Mobil's dividend payout ratio is currently 52.52%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on XOM shares. Barclays lowered their price target on Exxon Mobil from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. BMO Capital Markets decreased their target price on Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating for the company in a report on Friday, January 31st. Argus raised shares of Exxon Mobil to a "strong-buy" rating in a research report on Tuesday, February 4th. Bernstein Bank increased their price objective on shares of Exxon Mobil from $138.00 to $144.00 and gave the stock an "overweight" rating in a research report on Friday, January 31st. Finally, Royal Bank of Canada cut their target price on shares of Exxon Mobil from $115.00 to $105.00 and set a "sector perform" rating on the stock in a research note on Monday, May 5th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average 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.