Exxon Mobil Corporation (XOM) Position Held by Hendley & Co. Inc.
Hendley & Co. Inc. maintained its stake in Exxon Mobil Corporation (NYSE:XOM) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,182 shares of the oil and gas company’s stock at the end of the second quarter. Hendley & Co. Inc.’s holdings in Exxon Mobil Corporation were worth $983,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Horan Securities Inc. bought a new position in Exxon Mobil Corporation in the 1st quarter valued at about $102,000. Riggs Asset Managment Co. Inc. grew its position in Exxon Mobil Corporation by 27.2% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 1,366 shares of the oil and gas company’s stock valued at $110,000 after buying an additional 292 shares in the last quarter. Watermark Asset Management Inc. bought a new position in Exxon Mobil Corporation in the 1st quarter valued at about $136,000. Mitsubishi UFJ Securities Holdings Co. Ltd. grew its position in Exxon Mobil Corporation by 13.5% in the 1st quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,850 shares of the oil and gas company’s stock valued at $152,000 after buying an additional 220 shares in the last quarter. Finally, Diversified Portfolios Inc. bought a new position in Exxon Mobil Corporation in the 1st quarter valued at about $224,000. Hedge funds and other institutional investors own 50.74% of the company’s stock.
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Exxon Mobil Corporation (NYSE:XOM) traded down 0.38% during trading on Friday, reaching $81.71. The company had a trading volume of 6,942,950 shares. Exxon Mobil Corporation has a 52-week low of $76.05 and a 52-week high of $93.21. The company has a 50 day moving average price of $79.17 and a 200 day moving average price of $80.74. The company has a market capitalization of $346.21 billion, a PE ratio of 29.50 and a beta of 0.82.
Exxon Mobil Corporation (NYSE:XOM) last released its quarterly earnings data on Friday, July 28th. The oil and gas company reported $0.78 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.83 by ($0.05). Exxon Mobil Corporation had a net margin of 4.75% and a return on equity of 7.62%. The business had revenue of $62.88 billion for the quarter, compared to the consensus estimate of $61.35 billion. During the same quarter last year, the firm earned $0.41 EPS. The company’s revenue for the quarter was up 9.0% on a year-over-year basis. On average, equities analysts forecast that Exxon Mobil Corporation will post $3.43 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 11th. Stockholders of record on Monday, August 14th were issued a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a dividend yield of 3.77%. The ex-dividend date was Thursday, August 10th. Exxon Mobil Corporation’s dividend payout ratio (DPR) is presently 111.19%.
In other news, VP Robert Stuart Franklin sold 22,656 shares of Exxon Mobil Corporation stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $79.76, for a total transaction of $1,807,042.56. Following the transaction, the vice president now owns 231,572 shares in the company, valued at approximately $18,470,182.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Steven Reinemund sold 1,100 shares of Exxon Mobil Corporation stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $80.23, for a total value of $88,253.00. Following the transaction, the director now owns 43,125 shares in the company, valued at approximately $3,459,918.75. The disclosure for this sale can be found here. Insiders own 0.08% of the company’s stock.
A number of brokerages recently issued reports on XOM. Vetr lowered shares of Exxon Mobil Corporation from a “buy” rating to a “hold” rating and set a $85.17 target price for the company. in a research report on Friday. Royal Bank Of Canada set a $90.00 price target on shares of Exxon Mobil Corporation and gave the company a “hold” rating in a report on Tuesday, August 29th. Societe Generale set a $95.00 price target on shares of Exxon Mobil Corporation and gave the company a “buy” rating in a report on Monday, September 18th. J P Morgan Chase & Co reissued a “neutral” rating and issued a $80.00 price target (down from $81.00) on shares of Exxon Mobil Corporation in a report on Friday, August 18th. Finally, Independent Research GmbH set a $84.00 price target on shares of Exxon Mobil Corporation and gave the company a “neutral” rating in a report on Monday, August 21st. Seven research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $84.75.
Exxon Mobil Corporation 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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