Kiwi Wealth Investments Limited Partnership lessened its position in shares of Exxon Mobil Co. (NYSE:XOM) by 15.4% in the third quarter, according to its most recent filing with the SEC. The firm owned 9,539 shares of the oil and gas company’s stock after selling 1,734 shares during the quarter. Kiwi Wealth Investments Limited Partnership’s holdings in Exxon Mobil were worth $782,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. CWH Capital Management Inc. bought a new position in shares of Exxon Mobil during the 2nd quarter worth approximately $114,000. Acrospire Investment Management LLC boosted its holdings in shares of Exxon Mobil by 172.7% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,737 shares of the oil and gas company’s stock worth $140,000 after buying an additional 1,100 shares in the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its holdings in shares of Exxon Mobil by 2.7% during the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,900 shares of the oil and gas company’s stock worth $153,000 after buying an additional 50 shares in the last quarter. Saratoga Research & Investment Management bought a new position in shares of Exxon Mobil during the 3rd quarter worth approximately $172,000. Finally, Mountain Capital Investment Advisors Inc bought a new position in shares of Exxon Mobil during the 2nd quarter worth approximately $175,000. 51.28% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Co. (NYSE:XOM) opened at $75.78 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.54 and a current ratio of 0.85. Exxon Mobil Co. has a 52 week low of $73.90 and a 52 week high of $89.30. The firm has a market capitalization of $321,090.00, a price-to-earnings ratio of 16.37, a price-to-earnings-growth ratio of 1.03 and a beta of 0.82.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $0.88 earnings per share for the quarter, missing the consensus estimate of $1.06 by ($0.18). Exxon Mobil had a net margin of 7.61% and a return on equity of 8.09%. The company had revenue of $66.52 billion for the quarter, compared to the consensus estimate of $74.41 billion. During the same quarter last year, the business posted $0.41 earnings per share. Exxon Mobil’s revenue was up 9.0% on a year-over-year basis. equities research analysts anticipate that Exxon Mobil Co. will post 4.85 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Monday, February 12th will be paid a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a yield of 4.06%. The ex-dividend date of this dividend is Friday, February 9th. Exxon Mobil’s dividend payout ratio (DPR) is presently 66.52%.

In other Exxon Mobil news, VP Robert N. Schleckser sold 5,601 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $83.93, for a total transaction of $470,091.93. Following the transaction, the vice president now directly owns 187,663 shares in the company, valued at approximately $15,750,555.59. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider James M. Spellings, Jr. sold 9,379 shares of the firm’s stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $83.37, for a total value of $781,927.23. Following the transaction, the insider now owns 220,000 shares in the company, valued at $18,341,400. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 51,357 shares of company stock worth $4,273,910. Company insiders own 0.08% of the company’s stock.

XOM has been the topic of a number of research analyst reports. Howard Weil upgraded Exxon Mobil from an “outperform” rating to a “focus list” rating in a report on Friday, December 22nd. Zacks Investment Research upgraded Exxon Mobil from a “hold” rating to a “buy” rating and set a $98.00 price target on the stock in a report on Saturday, January 13th. Vetr upgraded Exxon Mobil from a “buy” rating to a “strong-buy” rating and set a $92.50 price target on the stock in a report on Thursday, December 7th. Goldman Sachs Group set a $92.00 price target on Exxon Mobil and gave the stock a “neutral” rating in a report on Monday, January 22nd. Finally, UBS Group set a $83.00 price target on Exxon Mobil and gave the stock a “neutral” rating in a report on Monday, December 4th. Seven analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $87.42.

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About Exxon Mobil

Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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