Exxon Mobil Co. (NYSE:XOM) Shares Bought by Principal Financial Group Inc.

Principal Financial Group Inc. lifted its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 3.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,472,768 shares of the oil and gas company's stock after acquiring an additional 199,374 shares during the period. Principal Financial Group Inc. owned approximately 0.14% of Exxon Mobil worth $547,167,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Root Financial Partners LLC boosted its stake in shares of 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 valued at $205,000 after purchasing an additional 199 shares during the period. Assenagon Asset Management S.A. boosted its stake in shares of 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 valued at $149,213,000 after purchasing an additional 575,649 shares during the period. Qsemble Capital Management LP boosted 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 valued at $553,000 after purchasing an additional 1,200 shares during the period. RNC Capital Management LLC boosted 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 valued at $8,791,000 after purchasing an additional 4,585 shares during the period. Finally, Dupree Financial Group LLC purchased a new position in shares of Exxon Mobil in the fourth quarter valued at $378,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, VP Darrin L. Talley sold 2,426 shares of the firm's stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the transaction, the vice president now owns 25,363 shares in the company, valued at approximately $3,018,450.63. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 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 shares were sold at an average price of $105.00, for a total value of $252,000.00. Following the transaction, the vice president now directly owns 30,189 shares of the company's stock, valued at $3,169,845. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Darrin L. Talley sold 2,426 shares of Exxon Mobil stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the transaction, the vice president now directly owns 25,363 shares in the company, valued at $3,018,450.63. The disclosure for this sale can be found here. Insiders own 0.03% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Royal Bank of Canada restated a "sector perform" rating and issued a $120.00 price target on shares of Exxon Mobil in a research report on Monday, February 5th. Wells Fargo & Company raised their price target on shares of Exxon Mobil from $138.00 to $142.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 30th. UBS Group raised their price target on shares of Exxon Mobil from $150.00 to $152.00 and gave the stock a "buy" rating in a research report on Tuesday, May 7th. TD Cowen increased their price objective on shares of Exxon Mobil from $128.00 to $135.00 and gave the stock a "buy" rating in a report on Tuesday, April 30th. Finally, Mizuho increased their price objective on shares of Exxon Mobil from $125.00 to $128.00 and gave the stock a "neutral" rating in a report on Monday. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $134.35.

Exxon Mobil Price Performance

Exxon Mobil stock traded down $0.05 during trading hours on Monday, hitting $117.91. 15,051,369 shares of the company traded hands, compared to its average volume of 18,716,313. The firm has a market cap of $464.92 billion, a P/E ratio of 14.38, a P/E/G ratio of 4.11 and a beta of 0.96. The company has a quick ratio of 1.06, a current ratio of 1.38 and a debt-to-equity ratio of 0.15. The firm's 50-day simple moving average is $115.90 and its two-hundred day simple moving average is $107.14. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $123.75.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing the consensus estimate of $2.19 by ($0.13). Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The business had revenue of $83.08 billion for the quarter, compared to the consensus estimate of $79.69 billion. During the same quarter last year, the business posted $2.83 EPS. The business's revenue for the quarter was down 4.0% on a year-over-year basis. As a group, analysts forecast that Exxon Mobil Co. will post 9.57 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 Monday, June 10th. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.95 per share. The ex-dividend date is Tuesday, May 14th. This represents a $3.80 annualized dividend and a dividend yield of 3.22%. Exxon Mobil's dividend payout ratio (DPR) is 46.57%.

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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