Exxon Mobil Corporation (XOM) Stake Maintained by Geller Family Office Services LLC
Geller Family Office Services LLC maintained its stake in Exxon Mobil Corporation (NYSE:XOM) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,900 shares of the oil and gas company’s stock at the end of the 2nd quarter. Exxon Mobil makes up about 0.2% of Geller Family Office Services LLC’s holdings, making the stock its 20th biggest holding. Geller Family Office Services LLC’s holdings in Exxon Mobil were worth $315,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Horan Securities Inc. lifted its position in shares of Exxon Mobil by 20.8% in the second quarter. Horan Securities Inc. now owns 1,511 shares of the oil and gas company’s stock worth $122,000 after buying an additional 260 shares during the last quarter. Watermark Asset Management Inc. acquired a new stake in shares of Exxon Mobil in the first quarter worth about $136,000. Mitsubishi UFJ Securities Holdings Co. Ltd. lifted its position in shares of Exxon Mobil by 2.7% in the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,900 shares of the oil and gas company’s stock worth $153,000 after buying an additional 50 shares during the last quarter. Asset Management Advisors LLC increased its stake in shares of Exxon Mobil by 0.3% in the second quarter. Asset Management Advisors LLC now owns 2,515 shares of the oil and gas company’s stock worth $203,000 after purchasing an additional 7 shares during the period. Finally, David R. Rahn & Associates Inc. bought a new position in shares of Exxon Mobil in the second quarter worth about $207,000. 51.18% of the stock is owned by institutional investors.
In other news, VP Robert Stuart Franklin sold 22,656 shares of the company’s stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $79.76, for a total value of $1,807,042.56. Following the sale, the vice president now directly owns 231,572 shares in the company, valued at approximately $18,470,182.72. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Robert N. Schleckser sold 4,877 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $83.37, for a total value of $406,595.49. Following the completion of the sale, the vice president now owns 187,663 shares in the company, valued at $15,645,464.31. The disclosure for this sale can be found here. Insiders have sold 42,513 shares of company stock worth $3,465,657 over the last 90 days. Corporate insiders own 0.08% of the company’s stock.
A number of research firms have recently commented on XOM. lowered Exxon Mobil from a “hold” rating to a “reduce” rating and dropped their price objective for the stock from $83.60 to $77.00 in a research note on Tuesday, November 7th. Goldman Sachs Group set a $86.00 price objective on Exxon Mobil and gave the stock a “neutral” rating in a research note on Tuesday, November 7th. Wells Fargo & Company set a $84.00 price objective on Exxon Mobil and gave the stock a “neutral” rating in a research note on Monday, October 30th. TheStreet upgraded Exxon Mobil from a “c” rating to a “b-” rating in a research note on Friday, October 27th. Finally, UBS set a $83.00 price objective on Exxon Mobil and gave the stock a “neutral” rating in a research note on Monday. Six analysts have rated the stock with a sell rating, thirteen have given a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $86.14.
Shares of Exxon Mobil Corporation (NYSE:XOM) traded up $0.02 on Friday, reaching $82.57. The company had a trading volume of 5,735,278 shares, compared to its average volume of 10,969,722. Exxon Mobil Corporation has a 1 year low of $76.05 and a 1 year high of $93.22. The company has a quick ratio of 0.54, a current ratio of 0.85 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $348,629.06, a price-to-earnings ratio of 23.11, a price-to-earnings-growth ratio of 1.72 and a beta of 0.83.
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 (EPS) for the quarter, beating the 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 analyst estimates of $63.51 billion. During the same period in the previous year, the company posted $0.63 earnings per share. equities research analysts expect that Exxon Mobil Corporation will post 3.65 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Monday, November 13th will be paid a dividend of $0.77 per share. The ex-dividend date is Friday, November 10th. This represents a $3.08 annualized dividend and a yield of 3.73%. Exxon Mobil’s dividend payout ratio is 100.33%.
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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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