Exxon Mobil Co. (XOM) is Reik & CO. LLC’s 10th Largest Position
Reik & CO. LLC boosted its position in Exxon Mobil Co. (NYSE:XOM) by 1.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 92,110 shares of the oil and gas company’s stock after purchasing an additional 1,000 shares during the period. Exxon Mobil makes up about 2.5% of Reik & CO. LLC’s portfolio, making the stock its 10th largest holding. Reik & CO. LLC’s holdings in Exxon Mobil were worth $7,551,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in XOM. Shell Asset Management Co. increased its holdings in shares of Exxon Mobil by 31.9% in the third quarter. Shell Asset Management Co. now owns 1,066,127 shares of the oil and gas company’s stock valued at $100,269,000 after buying an additional 257,727 shares in the last quarter. Baldwin Brothers Inc. MA increased its holdings in shares of Exxon Mobil by 14.4% in the second quarter. Baldwin Brothers Inc. MA now owns 104,939 shares of the oil and gas company’s stock valued at $8,472,000 after buying an additional 13,206 shares in the last quarter. Compass Capital Management Inc. increased its holdings in shares of Exxon Mobil by 1.5% in the second quarter. Compass Capital Management Inc. now owns 13,272 shares of the oil and gas company’s stock valued at $1,071,000 after buying an additional 199 shares in the last quarter. Perkins Coie Trust Co increased its holdings in shares of Exxon Mobil by 47.6% in the second quarter. Perkins Coie Trust Co now owns 9,784 shares of the oil and gas company’s stock valued at $790,000 after buying an additional 3,154 shares in the last quarter. Finally, Level Four Advisory Services LLC increased its holdings in shares of Exxon Mobil by 46.9% in the first quarter. Level Four Advisory Services LLC now owns 29,908 shares of the oil and gas company’s stock valued at $2,465,000 after buying an additional 9,546 shares in the last quarter. Hedge funds and other institutional investors own 51.05% of the company’s stock.
In other news, VP Neil A. Chapman sold 12,000 shares of the company’s stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $83.05, for a total value of $996,600.00. Following the transaction, the vice president now directly owns 291,385 shares of the company’s stock, valued at $24,199,524.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Bradley W. Corson sold 19,500 shares of the company’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $83.01, for a total transaction of $1,618,695.00. Following the completion of the transaction, the vice president now directly owns 229,774 shares in the company, valued at $19,073,539.74. The disclosure for this sale can be found here. Insiders sold 51,357 shares of company stock worth $4,273,910 over the last ninety days. 0.08% of the stock is currently owned by company insiders.
Shares of Exxon Mobil Co. (NYSE XOM) opened at $86.75 on Friday. Exxon Mobil Co. has a one year low of $76.05 and a one year high of $88.98. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.54 and a current ratio of 0.85. The stock has a market cap of $367,570.00, a price-to-earnings ratio of 28.26, a price-to-earnings-growth ratio of 1.50 and a beta of 0.82.
Exxon Mobil (NYSE:XOM) last posted 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 net margin of 5.14% and a return on equity of 8.21%. The business had revenue of $66.17 billion for the quarter, compared to the consensus estimate of $63.51 billion. During the same period in the prior year, the business posted $0.63 earnings per share. equities research analysts anticipate that Exxon Mobil Co. will post 3.66 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Monday, December 11th. Stockholders of record on Monday, November 13th were paid a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a dividend yield of 3.55%. The ex-dividend date was Friday, November 10th. Exxon Mobil’s dividend payout ratio (DPR) is presently 100.33%.
Several research analysts have issued reports on XOM shares. Vetr raised Exxon Mobil from a “hold” rating to a “buy” rating and set a $84.87 price target on the stock in a report on Wednesday, September 13th. Societe Generale set a $95.00 price target on Exxon Mobil and gave the company a “buy” rating in a report on Monday, September 18th. Cowen reaffirmed a “buy” rating and issued a $100.00 price target on shares of Exxon Mobil in a report on Tuesday, September 19th. BNP Paribas set a $70.00 price target on Exxon Mobil and gave the company a “sell” rating in a report on Monday, September 25th. Finally, Goldman Sachs Group set a $85.00 price target on Exxon Mobil and gave the company a “neutral” rating in a report on Tuesday, October 3rd. Six research analysts have rated the stock with a sell rating, fifteen have given a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $86.10.
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Exxon Mobil Company Profile
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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