Janney Montgomery Scott LLC grew its position in Exxon Mobil Co. (NYSE:XOM) by 5.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 822,126 shares of the oil and gas company’s stock after acquiring an additional 43,742 shares during the quarter. Exxon Mobil comprises approximately 0.8% of Janney Montgomery Scott LLC’s portfolio, making the stock its 16th biggest position. Janney Montgomery Scott LLC’s holdings in Exxon Mobil were worth $67,398,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. CWH Capital Management Inc. purchased a new stake in shares of Exxon Mobil during the second quarter worth approximately $114,000. Litman Gregory Asset Management LLC purchased a new stake in shares of Exxon Mobil during the third quarter worth approximately $131,000. Acrospire Investment Management LLC raised its stake in shares of Exxon Mobil by 172.7% during the second quarter. Acrospire Investment Management LLC now owns 1,737 shares of the oil and gas company’s stock worth $140,000 after purchasing an additional 1,100 shares during the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its stake in shares of Exxon Mobil by 2.7% during 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 purchasing an additional 50 shares during the last quarter. Finally, Saratoga Research & Investment Management purchased a new stake in shares of Exxon Mobil during the third quarter worth approximately $172,000. 53.18% of the stock is owned by institutional investors and hedge funds.
In other news, VP Neil A. Chapman sold 12,000 shares of the firm’s stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $83.05, for a total value of $996,600.00. Following the completion of the transaction, the vice president now owns 291,385 shares in the company, valued at $24,199,524.25. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.08% of the company’s stock.
Exxon Mobil Co. (NYSE XOM) opened at $74.53 on Wednesday. Exxon Mobil Co. has a 52-week low of $73.56 and a 52-week high of $89.30. The firm has a market capitalization of $315,820.00, a price-to-earnings ratio of 23.07, a PEG ratio of 1.02 and a beta of 0.91. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.82 and a quick ratio of 0.52.
Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, February 2nd. The oil and gas company reported $0.88 earnings per share for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.18). Exxon Mobil had a net margin of 7.61% and a return on equity of 8.00%. The firm had revenue of $66.52 billion during the quarter, compared to analysts’ expectations of $74.41 billion. During the same quarter in the prior year, the business earned $0.41 EPS. The company’s quarterly revenue was up 9.0% compared to the same quarter last year. sell-side analysts forecast that Exxon Mobil Co. will post 4.81 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, March 9th. Stockholders of record on Monday, February 12th were given a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date was Friday, February 9th. Exxon Mobil’s dividend payout ratio is currently 95.36%.
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.
Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.