Sfmg LLC Has $2.21 Million Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Sfmg LLC reduced its holdings in Exxon Mobil Co. (NYSE:XOM) by 3.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,856 shares of the oil and gas company’s stock after selling 672 shares during the period. Sfmg LLC’s holdings in Exxon Mobil were worth $2,210,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. V Square Quantitative Management LLC grew its position in Exxon Mobil by 16.4% in the 2nd quarter. V Square Quantitative Management LLC now owns 2,058 shares of the oil and gas company’s stock worth $237,000 after purchasing an additional 290 shares during the last quarter. Eagle Capital Management LLC grew its position in Exxon Mobil by 4.9% during the second quarter. Eagle Capital Management LLC now owns 2,460 shares of the oil and gas company’s stock worth $283,000 after buying an additional 114 shares in the last quarter. Baader Bank Aktiengesellschaft increased its stake in Exxon Mobil by 22.5% during the second quarter. Baader Bank Aktiengesellschaft now owns 53,917 shares of the oil and gas company’s stock valued at $6,192,000 after acquiring an additional 9,910 shares during the period. Breed s Hill Capital LLC raised its holdings in Exxon Mobil by 40.2% in the 2nd quarter. Breed s Hill Capital LLC now owns 4,465 shares of the oil and gas company’s stock valued at $514,000 after acquiring an additional 1,280 shares in the last quarter. Finally, Hengehold Capital Management LLC lifted its position in shares of Exxon Mobil by 4.7% in the 2nd quarter. Hengehold Capital Management LLC now owns 34,380 shares of the oil and gas company’s stock worth $3,958,000 after acquiring an additional 1,552 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Stock Performance

Exxon Mobil stock opened at $111.89 on Thursday. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $126.34. The stock has a market capitalization of $491.77 billion, a price-to-earnings ratio of 13.93, a P/E/G ratio of 4.74 and a beta of 0.89. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The stock has a 50-day simple moving average of $119.34 and a 200 day simple moving average of $116.43.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.01. The firm had revenue of $90.02 billion during the quarter, compared to analysts’ expectations of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. Exxon Mobil’s revenue was down .8% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.27 EPS. On average, research analysts anticipate that Exxon Mobil Co. will post 7.94 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were issued a $0.99 dividend. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $3.96 annualized dividend and a yield of 3.54%. Exxon Mobil’s dividend payout ratio (DPR) is currently 49.32%.

Wall Street Analysts Forecast Growth

XOM has been the subject of a number of recent research reports. Barclays cut their target price on Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating for the company in a research note on Thursday, October 3rd. Royal Bank of Canada reduced their price objective on shares of Exxon Mobil from $120.00 to $115.00 and set a “sector perform” rating for the company in a report on Tuesday, November 26th. Mizuho upped their target price on shares of Exxon Mobil from $128.00 to $130.00 and gave the company a “neutral” rating in a research note on Monday, September 16th. BNP Paribas cut shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price target for the company. in a research note on Wednesday, October 9th. Finally, The Goldman Sachs Group upped their price objective on Exxon Mobil from $118.00 to $120.00 in a research note on Thursday, October 31st. One research analyst has rated the stock with a sell rating, eight have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $129.95.

About Exxon Mobil

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.