66,321 Shares in Exxon Mobil Co. (NYSE:XOM) Purchased by Duality Advisers LP

Duality Advisers LP purchased a new stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 66,321 shares of the oil and gas company's stock, valued at approximately $6,631,000. Exxon Mobil makes up approximately 0.7% of Duality Advisers LP's investment portfolio, making the stock its 6th biggest position.

A number of other institutional investors also recently bought and sold shares of the company. Root Financial Partners LLC boosted its position in Exxon Mobil by 10.7% in the fourth quarter. Root Financial Partners LLC now owns 2,054 shares of the oil and gas company's stock worth $205,000 after purchasing an additional 199 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in Exxon Mobil by 83.0% in the third quarter. Assenagon Asset Management S.A. now owns 1,269,030 shares of the oil and gas company's stock worth $149,213,000 after purchasing an additional 575,649 shares during the last quarter. Qsemble Capital Management LP raised its stake in shares of Exxon Mobil by 34.3% in the third quarter. Qsemble Capital Management LP now owns 4,700 shares of the oil and gas company's stock worth $553,000 after buying an additional 1,200 shares during the period. RNC Capital Management LLC raised its stake in shares of Exxon Mobil by 5.5% in the fourth quarter. RNC Capital Management LLC now owns 87,926 shares of the oil and gas company's stock worth $8,791,000 after buying an additional 4,585 shares during the period. Finally, Meyer Handelman Co. raised its stake in shares of Exxon Mobil by 5.9% in the third quarter. Meyer Handelman Co. now owns 390,975 shares of the oil and gas company's stock worth $45,971,000 after buying an additional 21,895 shares during the period. Institutional investors own 61.80% of the company's stock.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,400 shares of Exxon Mobil stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total value of $252,000.00. Following the completion of the transaction, the vice president now owns 30,189 shares in the company, valued at approximately $3,169,845. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.03% of the company's stock.

Exxon Mobil Price Performance

NYSE XOM traded up $0.49 during trading on Tuesday, hitting $121.05. 13,927,548 shares of the stock traded hands, compared to its average volume of 18,204,699. The company has a market capitalization of $479.15 billion, a P/E ratio of 13.62, a price-to-earnings-growth ratio of 4.12 and a beta of 0.96. The firm has a 50-day simple moving average of $112.29 and a 200-day simple moving average of $106.41. The company has a quick ratio of 1.09, a current ratio of 1.48 and a debt-to-equity ratio of 0.18. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $123.75.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its earnings results on Friday, February 2nd. The oil and gas company reported $2.48 EPS for the quarter, topping analysts' consensus estimates of $2.20 by $0.28. The firm had revenue of $84.34 billion during the quarter, compared to analysts' expectations of $90.03 billion. Exxon Mobil had a return on equity of 18.51% and a net margin of 10.45%. The company's quarterly revenue was down 11.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.40 EPS. As a group, analysts predict that Exxon Mobil Co. will post 9.7 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Wednesday, February 14th were issued a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date was Tuesday, February 13th. Exxon Mobil's dividend payout ratio (DPR) is 42.74%.

Wall Street Analyst Weigh In

Several research firms have recently commented on XOM. Redburn Atlantic raised Exxon Mobil from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $116.00 to $119.00 in a research note on Tuesday, January 9th. Barclays began coverage on Exxon Mobil in a research note on Wednesday, April 10th. They issued an "overweight" rating and a $147.00 price objective on the stock. TD Cowen raised their price objective on Exxon Mobil from $115.00 to $120.00 and gave the stock a "buy" rating in a research note on Monday, April 1st. Scotiabank lifted their target price on Exxon Mobil from $114.00 to $129.00 and gave the company a "sector perform" rating in a research note on Thursday, April 11th. Finally, Mizuho reissued a "neutral" rating and set a $125.00 target price on shares of Exxon Mobil in a research note on Thursday, April 4th. Eight research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, Exxon Mobil presently has an average rating of "Moderate Buy" and a consensus price target of $132.28.

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.