Sandhill Capital Partners LLC Buys 250 Shares of Exxon Mobil Corporation (XOM)

Sandhill Capital Partners LLC lifted its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 4.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,882 shares of the oil and gas company’s stock after acquiring an additional 250 shares during the quarter. Sandhill Capital Partners LLC’s holdings in Exxon Mobil were worth $475,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the stock. Asset Management Advisors LLC grew its holdings in shares of Exxon Mobil by 0.3% during the second quarter. Asset Management Advisors LLC now owns 2,515 shares of the oil and gas company’s stock worth $203,000 after purchasing an additional 7 shares during the last quarter. Horizon Investment Services LLC grew its holdings in shares of Exxon Mobil by 0.4% during the first quarter. Horizon Investment Services LLC now owns 4,787 shares of the oil and gas company’s stock worth $393,000 after purchasing an additional 20 shares during the last quarter. Jag Capital Management LLC grew its holdings in shares of Exxon Mobil by 0.5% during the second quarter. Jag Capital Management LLC now owns 5,635 shares of the oil and gas company’s stock worth $455,000 after purchasing an additional 26 shares during the last quarter. Lehman Financial Resources Inc. grew its holdings in shares of Exxon Mobil by 0.5% during the second quarter. Lehman Financial Resources Inc. now owns 7,176 shares of the oil and gas company’s stock worth $579,000 after purchasing an additional 35 shares during the last quarter. Finally, Bellwether Investment Group LLC grew its holdings in shares of Exxon Mobil by 1.3% during the second quarter. Bellwether Investment Group LLC now owns 3,355 shares of the oil and gas company’s stock worth $271,000 after purchasing an additional 44 shares during the last quarter. 51.18% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil Corporation (NYSE XOM) traded up $0.11 during mid-day trading on Monday, reaching $82.66. 11,988,600 shares of the company’s stock traded hands, compared to its average volume of 10,974,021. The stock has a market cap of $350,239.19, a PE ratio of 23.22, a P/E/G ratio of 1.73 and a beta of 0.83. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.85 and a quick ratio of 0.54. Exxon Mobil Corporation has a 12-month low of $76.05 and a 12-month high of $93.22.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, October 27th. The oil and gas company reported $0.93 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.04. The company had revenue of $66.17 billion for the quarter, compared to analyst estimates of $63.51 billion. Exxon Mobil had a net margin of 5.14% and a return on equity of 8.21%. During the same quarter last year, the business earned $0.63 EPS. equities analysts anticipate that Exxon Mobil Corporation will post 3.65 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Monday, November 13th will be issued a $0.77 dividend. The ex-dividend date is Friday, November 10th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 3.73%. Exxon Mobil’s dividend payout ratio (DPR) is presently 100.33%.

Several brokerages have recently weighed in on XOM. UBS set a $83.00 target price on shares of Exxon Mobil and gave the stock a “neutral” rating in a research note on Monday, December 4th. BNP Paribas set a $70.00 price objective on shares of Exxon Mobil and gave the company a “sell” rating in a research report on Monday, September 25th. Vetr downgraded shares of Exxon Mobil from a “strong-buy” rating to a “buy” rating and set a $92.50 price objective for the company. in a research report on Friday, December 1st. Morgan Stanley set a $85.00 price objective on shares of Exxon Mobil and gave the company a “sell” rating in a research report on Tuesday, October 17th. Finally, Cowen restated a “buy” rating and issued a $100.00 price objective on shares of Exxon Mobil in a research report on Tuesday, September 19th. Six investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. Exxon Mobil presently has a consensus rating of “Hold” and an average target price of $86.14.

In related news, VP Robert Stuart Franklin sold 22,656 shares of Exxon Mobil stock in a transaction on Monday, September 18th. The shares were sold at an average price of $79.76, for a total transaction of $1,807,042.56. Following the transaction, the vice president now owns 231,572 shares in the company, valued at approximately $18,470,182.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider James M. Spellings, Jr. sold 9,379 shares of Exxon Mobil stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $83.37, for a total transaction of $781,927.23. Following the transaction, the insider now owns 220,000 shares in the company, valued at approximately $18,341,400. The disclosure for this sale can be found here. In the last quarter, insiders sold 42,513 shares of company stock worth $3,465,657. 0.08% of the stock is owned by company insiders.

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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.

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

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