Exxon Mobil Corporation $XOM Stake Boosted by Lion Street Advisors LLC

Lion Street Advisors LLC boosted its position in shares of Exxon Mobil Corporation (NYSE:XOMFree Report) by 54.7% in the third quarter, Holdings Channel reports. The fund owned 48,063 shares of the oil and gas company’s stock after purchasing an additional 16,992 shares during the quarter. Exxon Mobil comprises 1.7% of Lion Street Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. Lion Street Advisors LLC’s holdings in Exxon Mobil were worth $5,419,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of XOM. Norges Bank bought a new position in shares of Exxon Mobil in the 2nd quarter worth approximately $6,163,719,000. First Trust Advisors LP grew its position in Exxon Mobil by 150.2% during the second quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock valued at $819,560,000 after buying an additional 4,563,707 shares during the period. Cerity Partners LLC increased its holdings in Exxon Mobil by 200.7% during the second quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock valued at $217,162,000 after buying an additional 4,015,099 shares during the last quarter. Laurel Wealth Advisors LLC raised its position in Exxon Mobil by 10,809.8% in the second quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock worth $333,652,000 after acquiring an additional 3,066,736 shares during the period. Finally, Bessemer Group Inc. raised its position in Exxon Mobil by 119.4% in the third quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company’s stock worth $301,310,000 after acquiring an additional 1,454,308 shares during the period. Institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 14,230 shares of company stock worth $1,888,421 in the last three months. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Stock Performance

NYSE XOM opened at $147.12 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $156.93. The business has a 50-day moving average price of $132.29 and a 200-day moving average price of $120.05. The firm has a market cap of $613.00 billion, a price-to-earnings ratio of 21.99, a price-to-earnings-growth ratio of 15.66 and a beta of 0.39.

Exxon Mobil (NYSE:XOMGet Free Report) last issued its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate 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 the consensus estimate of $77.98 billion. During the same quarter last year, the company earned $1.67 EPS. The firm’s quarterly revenue was down 1.3% on a year-over-year basis. As a group, equities research analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

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

Key Stories Impacting Exxon Mobil

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

Analyst Upgrades and Downgrades

XOM has been the subject of a number of recent research reports. Sanford C. Bernstein cut their price objective on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. TD Cowen upped their price target on Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. BMO Capital Markets reaffirmed a “market perform” rating and set a $155.00 price objective on shares of Exxon Mobil in a research report on Wednesday, February 4th. Zacks Research upgraded Exxon Mobil from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. Finally, Loop Capital set a $123.00 target price on shares of Exxon Mobil in a research note on Tuesday, February 3rd. Nine equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $140.59.

Check Out Our Latest Stock Analysis on XOM

Exxon Mobil Company 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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