SageView Advisory Group LLC Has $7.56 Million Stock Holdings in Exxon Mobil Corporation $XOM

SageView Advisory Group LLC boosted its position in shares of Exxon Mobil Corporation (NYSE:XOMFree Report) by 46.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 67,042 shares of the oil and gas company’s stock after acquiring an additional 21,161 shares during the period. SageView Advisory Group LLC’s holdings in Exxon Mobil were worth $7,559,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Maryland State Retirement & Pension System increased its holdings in shares of Exxon Mobil by 2.6% during the third quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock worth $24,342,000 after buying an additional 5,573 shares in the last quarter. U.S. Capital Wealth Advisors LLC increased its stake in shares of Exxon Mobil by 3.3% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock valued at $34,576,000 after buying an additional 9,831 shares in the last quarter. Capital Counsel LLC NY raised its holdings in shares of Exxon Mobil by 0.9% in the second quarter. Capital Counsel LLC NY now owns 49,687 shares of the oil and gas company’s stock valued at $5,356,000 after buying an additional 460 shares during the last quarter. HORAN Wealth LLC raised its holdings in shares of Exxon Mobil by 78.3% in the third quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock valued at $1,486,000 after buying an additional 5,788 shares during the last quarter. Finally, New Age Alpha Advisors LLC lifted its position in Exxon Mobil by 5.6% during the 3rd quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock worth $18,778,000 after buying an additional 8,853 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Key Exxon Mobil News

Here are the key news stories impacting Exxon Mobil this week:

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,150 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $157.82, for a total transaction of $339,313.00. Following the transaction, the vice president owned 18,204 shares in the company, valued at approximately $2,872,955.28. This trade represents a 10.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 16,380 shares of company stock valued at $2,227,734 in the last ninety days. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

XOM has been the subject of several research reports. Barclays raised their price objective on shares of Exxon Mobil from $140.00 to $145.00 and gave the company an “overweight” rating in a research report on Tuesday, February 3rd. Citigroup raised their price target on shares of Exxon Mobil from $118.00 to $150.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. Jefferies Financial Group boosted their price objective on shares of Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Royal Bank Of Canada upped their price objective on Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a report on Monday, February 2nd. Finally, Bank of America lifted their target price on Exxon Mobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research note on Monday, March 2nd. Nine equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $143.41.

Check Out Our Latest Analysis on Exxon Mobil

Exxon Mobil Trading Down 1.6%

Shares of NYSE XOM opened at $148.08 on Wednesday. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $159.60. The firm has a market capitalization of $617.01 billion, a P/E ratio of 22.13, a P/E/G ratio of 1.23 and a beta of 0.35. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The company’s 50 day simple moving average is $140.03 and its 200 day simple moving average is $123.88.

Exxon Mobil (NYSE:XOMGet Free Report) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. The firm had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.67 EPS. On average, analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Thursday, February 12th. Exxon Mobil’s dividend payout ratio is currently 61.58%.

Exxon Mobil Profile

(Free Report)

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

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

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