Hendley & Co. Inc. lifted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 2.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 11,880 shares of the oil and gas company’s stock after buying an additional 309 shares during the quarter. Hendley & Co. Inc.’s holdings in Exxon Mobil were worth $960,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. C WorldWide Group Holding A S purchased a new stake in Exxon Mobil in the 3rd quarter valued at about $363,290,000. Morgan Stanley grew its holdings in shares of Exxon Mobil by 19.6% during the 3rd quarter. Morgan Stanley now owns 22,022,731 shares of the oil and gas company’s stock worth $1,872,372,000 after purchasing an additional 3,614,568 shares during the period. Vanguard Group Inc grew its holdings in shares of Exxon Mobil by 1.0% during the 3rd quarter. Vanguard Group Inc now owns 329,558,203 shares of the oil and gas company’s stock worth $28,019,038,000 after purchasing an additional 3,269,684 shares during the period. Vanguard Group Inc. grew its holdings in shares of Exxon Mobil by 1.0% during the 3rd quarter. Vanguard Group Inc. now owns 329,558,203 shares of the oil and gas company’s stock worth $28,019,038,000 after purchasing an additional 3,269,684 shares during the period. Finally, Rehmann Capital Advisory Group grew its holdings in shares of Exxon Mobil by 8,766.5% during the 3rd quarter. Rehmann Capital Advisory Group now owns 3,264,121 shares of the oil and gas company’s stock worth $3,009,820,000 after purchasing an additional 3,227,307 shares during the period. 54.55% of the stock is owned by institutional investors and hedge funds.

In other Exxon Mobil news, VP Bryan W. Milton sold 6,033 shares of the company’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $76.34, for a total value of $460,559.22. Following the transaction, the vice president now directly owns 219,423 shares of the company’s stock, valued at approximately $16,750,751.82. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.05% of the company’s stock.

A number of brokerages have recently issued reports on XOM. Berenberg Bank reiterated a “hold” rating and set a $76.00 target price on shares of Exxon Mobil in a report on Thursday, April 11th. Morgan Stanley decreased their target price on Exxon Mobil from $86.00 to $85.00 and set an “equal weight” rating for the company in a report on Thursday, May 16th. HSBC reiterated a “neutral” rating and set a $86.50 target price on shares of Exxon Mobil in a report on Thursday, May 23rd. Wells Fargo & Co boosted their target price on Exxon Mobil from $76.00 to $80.00 and gave the stock a “market perform” rating in a report on Wednesday, April 3rd. Finally, Mizuho set a $84.00 target price on Exxon Mobil and gave the stock a “hold” rating in a report on Thursday, March 7th. Three investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $84.81.

NYSE XOM opened at $74.35 on Monday. The company has a market capitalization of $314.58 billion, a price-to-earnings ratio of 15.08, a P/E/G ratio of 1.53 and a beta of 0.95. Exxon Mobil Co. has a fifty-two week low of $64.65 and a fifty-two week high of $87.36. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.77 and a quick ratio of 0.50.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, April 26th. The oil and gas company reported $0.55 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.75 by ($0.20). The company had revenue of $63.63 billion during the quarter, compared to analysts’ expectations of $67.35 billion. Exxon Mobil had a return on equity of 9.63% and a net margin of 6.49%. The firm’s revenue was down 6.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.09 EPS. As a group, sell-side analysts forecast that Exxon Mobil Co. will post 3.99 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Monday, May 13th were given a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a dividend yield of 4.68%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.82. The ex-dividend date of this dividend was Friday, May 10th. Exxon Mobil’s dividend payout ratio is presently 70.59%.

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Exxon Mobil Company Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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