Callahan Advisors LLC Raises Stake in Exxon Mobil Co. (XOM)
Callahan Advisors LLC grew its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 1.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 144,102 shares of the oil and gas company’s stock after purchasing an additional 1,374 shares during the period. Exxon Mobil makes up approximately 2.5% of Callahan Advisors LLC’s investment portfolio, making the stock its 7th largest holding. Callahan Advisors LLC’s holdings in Exxon Mobil were worth $11,813,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in Exxon Mobil by 3.5% during the second quarter. Vanguard Group Inc. now owns 309,411,379 shares of the oil and gas company’s stock worth $24,978,780,000 after acquiring an additional 10,366,636 shares during the period. First Eagle Investment Management LLC grew its holdings in Exxon Mobil by 136,463.4% during the second quarter. First Eagle Investment Management LLC now owns 7,139,533 shares of the oil and gas company’s stock worth $576,374,000 after acquiring an additional 7,134,305 shares during the period. Harbour Capital Advisors LLC grew its holdings in Exxon Mobil by 8,029.5% during the second quarter. Harbour Capital Advisors LLC now owns 3,741,755 shares of the oil and gas company’s stock worth $46,349,000 after acquiring an additional 3,695,728 shares during the period. APG Asset Management N.V. grew its holdings in Exxon Mobil by 22.6% during the third quarter. APG Asset Management N.V. now owns 13,818,741 shares of the oil and gas company’s stock worth $1,132,860,000 after acquiring an additional 2,546,570 shares during the period. Finally, Janus Henderson Group PLC grew its holdings in Exxon Mobil by 365.5% during the second quarter. Janus Henderson Group PLC now owns 2,658,225 shares of the oil and gas company’s stock worth $214,591,000 after acquiring an additional 2,087,165 shares during the period. 51.05% of the stock is currently owned by institutional investors.
In other Exxon Mobil news, VP Robert N. Schleckser sold 5,601 shares of the firm’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $83.93, for a total transaction of $470,091.93. Following the completion of the sale, the vice president now directly owns 187,663 shares in the company, valued at approximately $15,750,555.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Robert N. Schleckser sold 4,877 shares of the firm’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $83.37, for a total value of $406,595.49. Following the sale, the vice president now owns 187,663 shares of the company’s stock, valued at $15,645,464.31. The disclosure for this sale can be found here. Insiders have sold a total of 51,357 shares of company stock valued at $4,273,910 over the last 90 days. Corporate insiders own 0.08% of the company’s stock.
Exxon Mobil Co. (XOM) opened at $86.77 on Wednesday. The firm has a market capitalization of $367,650.00, a PE ratio of 28.26, a P/E/G ratio of 1.42 and a beta of 0.82. Exxon Mobil Co. has a 12 month low of $76.05 and a 12 month high of $87.41. 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 (NYSE:XOM) last issued its quarterly earnings results on Friday, October 27th. The oil and gas company reported $0.93 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.89 by $0.04. Exxon Mobil had a return on equity of 8.21% and a net margin of 5.14%. The firm had revenue of $66.17 billion for the quarter, compared to analysts’ expectations of $63.51 billion. During the same quarter last year, the business posted $0.63 EPS. analysts expect that Exxon Mobil Co. will post 3.66 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 11th. Shareholders of record on Monday, November 13th were given a dividend of $0.77 per share. The ex-dividend date of this dividend was Friday, November 10th. This represents a $3.08 dividend on an annualized basis and a yield of 3.55%. Exxon Mobil’s payout ratio is presently 100.33%.
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.
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