Exxon Mobil Co. (NYSE:XOM) Holdings Boosted by Smith Shellnut Wilson LLC ADV

Smith Shellnut Wilson LLC ADV boosted its holdings in Exxon Mobil Co. (NYSE:XOMGet Rating) by 2.5% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,698 shares of the oil and gas company’s stock after acquiring an additional 188 shares during the period. Smith Shellnut Wilson LLC ADV’s holdings in Exxon Mobil were worth $672,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Karp Capital Management Corp bought a new stake in shares of Exxon Mobil during the third quarter valued at approximately $28,000. Mine & Arao Wealth Creation & Management LLC. raised its holdings in shares of Exxon Mobil by 61.7% during the third quarter. Mine & Arao Wealth Creation & Management LLC. now owns 443 shares of the oil and gas company’s stock valued at $39,000 after buying an additional 169 shares during the last quarter. Horizons Wealth Management bought a new stake in shares of Exxon Mobil during the second quarter valued at approximately $41,000. Orion Capital Management LLC acquired a new position in shares of Exxon Mobil during the third quarter valued at approximately $44,000. Finally, Turim 21 Investimentos Ltda. increased its stake in shares of Exxon Mobil by 222.5% during the first quarter. Turim 21 Investimentos Ltda. now owns 574 shares of the oil and gas company’s stock valued at $47,000 after acquiring an additional 396 shares during the period. Institutional investors own 57.49% of the company’s stock.

Exxon Mobil Trading Up 0.9 %

Shares of NYSE:XOM opened at $113.81 on Wednesday. The firm has a fifty day moving average of $109.54 and a two-hundred day moving average of $101.20. The firm has a market capitalization of $468.70 billion, a P/E ratio of 9.29, a price-to-earnings-growth ratio of 0.48 and a beta of 1.11. Exxon Mobil Co. has a 12-month low of $71.39 and a 12-month high of $126.54. The company has a quick ratio of 1.02, a current ratio of 1.34 and a debt-to-equity ratio of 0.20.

Exxon Mobil (NYSE:XOMGet Rating) last issued its earnings results on Friday, October 28th. The oil and gas company reported $4.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.88 by $0.57. The company had revenue of $112.07 billion during the quarter, compared to analyst estimates of $102.96 billion. Exxon Mobil had a net margin of 12.86% and a return on equity of 29.52%. The company’s revenue for the quarter was up 51.9% on a year-over-year basis. During the same quarter last year, the business posted $1.58 EPS. On average, equities analysts expect that Exxon Mobil Co. will post 13.92 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 9th. Investors of record on Tuesday, November 15th were paid a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 3.20%. The ex-dividend date was Monday, November 14th. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.88. Exxon Mobil’s payout ratio is presently 29.71%.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,500 shares of Exxon Mobil stock in a transaction on Friday, December 9th. The shares were sold at an average price of $105.00, for a total value of $262,500.00. Following the completion of the sale, the vice president now owns 34,272 shares of the company’s stock, valued at approximately $3,598,560. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.04% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts recently commented on XOM shares. StockNews.com lowered shares of Exxon Mobil from a “buy” rating to a “hold” rating in a research note on Tuesday. Wells Fargo & Company raised their price objective on shares of Exxon Mobil from $120.00 to $122.00 and gave the company an “overweight” rating in a research note on Tuesday, January 10th. Credit Suisse Group raised their price objective on shares of Exxon Mobil to $130.00 in a research note on Tuesday, November 1st. Scotiabank upgraded shares of Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the company from $120.00 to $135.00 in a research note on Tuesday, January 17th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Exxon Mobil from $102.00 to $103.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 18th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and fifteen have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $114.35.

Exxon Mobil Company Profile

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Exxon Mobil Corp. engages in the exploration, development, and distribution of oil, gas, and petroleum products. It operates through the following segments: Upstream, Downstream and Chemical. The Upstream segment produces crude oil and natural gas. The Downstream segment manufactures and trades petroleum products.

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

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