Northwest Quadrant Wealth Management LLC Acquires 390 Shares of Exxon Mobil Co. (NYSE:XOM)

Northwest Quadrant Wealth Management LLC grew its holdings in Exxon Mobil Co. (NYSE:XOM) by 7.8% in the 4th quarter, Holdings Channel reports. The fund owned 5,401 shares of the oil and gas company’s stock after purchasing an additional 390 shares during the quarter. Exxon Mobil accounts for 0.1% of Northwest Quadrant Wealth Management LLC’s portfolio, making the stock its 29th biggest position. Northwest Quadrant Wealth Management LLC’s holdings in Exxon Mobil were worth $581,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of XOM. Norges Bank bought a new stake in shares of Exxon Mobil in the fourth quarter worth about $6,936,737,000. Bank of New York Mellon Corp grew its holdings in shares of Exxon Mobil by 14.4% during the fourth quarter. Bank of New York Mellon Corp now owns 43,983,110 shares of the oil and gas company’s stock worth $4,731,263,000 after buying an additional 5,538,694 shares in the last quarter. Pacer Advisors Inc. grew its holdings in shares of Exxon Mobil by 1,524.1% during the fourth quarter. Pacer Advisors Inc. now owns 5,445,922 shares of the oil and gas company’s stock worth $585,818,000 after buying an additional 5,110,603 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of Exxon Mobil by 13.1% during the fourth quarter. Franklin Resources Inc. now owns 35,662,602 shares of the oil and gas company’s stock worth $3,836,226,000 after buying an additional 4,140,046 shares in the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Exxon Mobil by 7.0% during the fourth quarter. Northern Trust Corp now owns 46,017,358 shares of the oil and gas company’s stock worth $4,950,087,000 after buying an additional 2,998,892 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Stock Performance

Shares of NYSE XOM opened at $109.45 on Wednesday. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a 12 month low of $97.80 and a 12 month high of $126.34. The stock has a 50 day moving average of $109.08 and a 200-day moving average of $111.00. The company has a market capitalization of $471.69 billion, a P/E ratio of 13.96, a P/E/G ratio of 3.02 and a beta of 0.51.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.73 by $0.03. Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. The company had revenue of $83.13 billion during the quarter, compared to the consensus estimate of $86.11 billion. During the same period in the previous year, the company posted $2.06 EPS. The firm’s revenue for the quarter was up .1% compared to the same quarter last year. As a group, equities research analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th will be paid a dividend of $0.99 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.96 annualized dividend and a dividend yield of 3.62%. Exxon Mobil’s dividend payout ratio is currently 52.52%.

Analyst Ratings Changes

XOM has been the subject of a number of research reports. Scotiabank decreased their price objective on Exxon Mobil from $140.00 to $115.00 and set a “sector outperform” rating for the company in a report on Friday, April 11th. UBS Group decreased their price objective on Exxon Mobil from $135.00 to $131.00 and set a “buy” rating for the company in a report on Monday, April 14th. Argus upgraded Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. The Goldman Sachs Group decreased their price objective on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Finally, Mizuho decreased their price objective on Exxon Mobil from $129.00 to $124.00 and set a “neutral” rating for the company in a report on Tuesday. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $125.50.

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.