Exxon Mobil Corporation $XOM Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC boosted its position in shares of Exxon Mobil Corporation (NYSE:XOMFree Report) by 11.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 811,194 shares of the oil and gas company’s stock after purchasing an additional 85,733 shares during the quarter. SG Americas Securities LLC’s holdings in Exxon Mobil were worth $97,619,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Westfuller Advisors LLC purchased a new stake in shares of Exxon Mobil in the 3rd quarter worth about $30,000. Clayton Financial Group LLC purchased a new position in Exxon Mobil during the 3rd quarter valued at about $40,000. TruNorth Capital Management LLC increased its holdings in Exxon Mobil by 1,595.2% during the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after acquiring an additional 335 shares in the last quarter. Bare Financial Services Inc raised its position in Exxon Mobil by 121.8% during the second quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock worth $39,000 after acquiring an additional 201 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC lifted its holdings in shares of Exxon Mobil by 95.8% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock valued at $42,000 after purchasing an additional 181 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 5,000 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the transaction, the vice president directly owned 23,584 shares in the company, valued at $3,295,864. This represents a 17.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Over the last three months, insiders have sold 11,460 shares of company stock worth $1,687,854. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Up 2.5%

Shares of NYSE XOM opened at $165.22 on Wednesday. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $167.48. The firm’s 50 day moving average price is $147.09 and its 200 day moving average price is $127.07. The firm has a market cap of $688.42 billion, a P/E ratio of 24.70, a price-to-earnings-growth ratio of 1.26 and a beta of 0.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15.

Exxon Mobil (NYSE:XOMGet Free Report) last issued its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The company had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. During the same quarter in the prior year, the company posted $1.67 EPS. The business’s revenue for the quarter was down 1.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were issued a $1.03 dividend. The ex-dividend date was Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.5%. Exxon Mobil’s payout ratio is 61.58%.

Trending Headlines about Exxon Mobil

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Analyst Ratings Changes

Several analysts have recently commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Exxon Mobil in a research report on Monday, December 29th. Morgan Stanley reduced their target price on Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. Wells Fargo & Company lowered their target price on Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday, February 2nd. Mizuho raised their price target on Exxon Mobil from $140.00 to $162.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. Finally, Bank of America boosted their price target on Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a report on Monday, March 2nd. Nine analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $148.89.

Read Our Latest Stock Analysis on Exxon Mobil

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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