Marble Harbor Investment Counsel LLC Buys Shares of 151,591 Exxon Mobil Co. (NYSE:XOM)

Marble Harbor Investment Counsel LLC bought a new stake in shares of Exxon Mobil Co. (NYSE:XOM) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 151,591 shares of the oil and gas company’s stock, valued at approximately $10,578,000. Exxon Mobil accounts for approximately 1.7% of Marble Harbor Investment Counsel LLC’s holdings, making the stock its 21st largest position.

A number of other institutional investors also recently added to or reduced their stakes in XOM. California Public Employees Retirement System grew its stake in shares of Exxon Mobil by 22.2% in the 3rd quarter. California Public Employees Retirement System now owns 10,458,189 shares of the oil and gas company’s stock worth $738,453,000 after purchasing an additional 1,902,091 shares during the last quarter. BlackRock Inc. grew its stake in shares of Exxon Mobil by 0.4% in the 2nd quarter. BlackRock Inc. now owns 280,882,107 shares of the oil and gas company’s stock worth $21,523,998,000 after purchasing an additional 1,069,038 shares during the last quarter. Fisher Asset Management LLC grew its stake in shares of Exxon Mobil by 17.2% in the 3rd quarter. Fisher Asset Management LLC now owns 6,600,585 shares of the oil and gas company’s stock worth $466,067,000 after purchasing an additional 969,474 shares during the last quarter. Johanson Financial Advisors Inc. grew its stake in shares of Exxon Mobil by 7,172.8% in the 4th quarter. Johanson Financial Advisors Inc. now owns 907,501 shares of the oil and gas company’s stock worth $13,008,000 after purchasing an additional 895,023 shares during the last quarter. Finally, Sunbelt Securities Inc. grew its stake in shares of Exxon Mobil by 2,287.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 814,339 shares of the oil and gas company’s stock worth $57,500,000 after purchasing an additional 780,224 shares during the last quarter. 54.48% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil stock opened at $60.65 on Friday. The firm’s 50 day simple moving average is $66.54 and its 200-day simple moving average is $69.01. The company has a market cap of $256.62 billion, a P/E ratio of 18.05, a price-to-earnings-growth ratio of 2.04 and a beta of 1.01. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.78 and a quick ratio of 0.50. Exxon Mobil Co. has a fifty-two week low of $59.62 and a fifty-two week high of $83.49.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, January 31st. The oil and gas company reported $1.33 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.89. The business had revenue of $67.17 billion for the quarter, compared to the consensus estimate of $64.58 billion. Exxon Mobil had a net margin of 5.41% and a return on equity of 5.11%. The firm’s quarterly revenue was down 6.6% compared to the same quarter last year. During the same period last year, the firm posted $1.41 earnings per share. On average, analysts expect that Exxon Mobil Co. will post 3.17 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 11th will be given a $0.87 dividend. This represents a $3.48 annualized dividend and a dividend yield of 5.74%. The ex-dividend date of this dividend is Monday, February 10th. Exxon Mobil’s dividend payout ratio (DPR) is currently 154.67%.

Several brokerages have recently issued reports on XOM. Scotiabank cut shares of Exxon Mobil from a “sector perform” rating to a “sector underperform” rating and set a $75.00 price objective on the stock. in a research note on Thursday, January 23rd. Berenberg Bank set a $63.00 price objective on shares of Exxon Mobil and gave the stock a “neutral” rating in a research note on Monday, February 3rd. HSBC reaffirmed a “neutral” rating and issued a $70.00 price objective on shares of Exxon Mobil in a research note on Wednesday. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $72.00 price objective on shares of Exxon Mobil in a research note on Monday, February 3rd. Finally, Bank of America reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Exxon Mobil in a research note on Monday, February 10th. Four research analysts have rated the stock with a sell rating, eighteen have given a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $74.11.

In other news, VP David S. Rosenthal sold 9,615 shares of Exxon Mobil stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $69.51, for a total value of $668,338.65. Also, CEO Darren W. Woods purchased 2,858 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The shares were bought at an average price of $60.53 per share, with a total value of $172,994.74. Following the completion of the acquisition, the chief executive officer now owns 818,032 shares of the company’s stock, valued at approximately $49,515,476.96. The disclosure for this purchase can be found here. Company insiders own 0.05% of the company’s stock.

Exxon Mobil Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.

Featured Article: What is a short straddle?

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

Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.