Janney Capital Management LLC lifted its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 4.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 60,657 shares of the oil and gas company’s stock after buying an additional 2,527 shares during the quarter. Janney Capital Management LLC’s holdings in Exxon Mobil were worth $4,972,000 as of its most recent filing with the SEC.
Several other large investors also recently made changes to their positions in the stock. Valeo Financial Advisors LLC purchased a new stake in Exxon Mobil during the 3rd quarter worth approximately $3,061,000. Cambria Investment Management L.P. increased its holdings in Exxon Mobil by 188.1% during the 3rd quarter. Cambria Investment Management L.P. now owns 67,562 shares of the oil and gas company’s stock worth $5,539,000 after purchasing an additional 44,110 shares during the last quarter. Kalos Management Inc. purchased a new stake in Exxon Mobil during the 3rd quarter worth approximately $380,000. Cedar Hill Associates LLC increased its holdings in Exxon Mobil by 37.1% during the 3rd quarter. Cedar Hill Associates LLC now owns 18,560 shares of the oil and gas company’s stock worth $1,521,000 after purchasing an additional 5,024 shares during the last quarter. Finally, Beacon Investment Advisory Services Inc. increased its holdings in Exxon Mobil by 1,222.8% during the 3rd quarter. Beacon Investment Advisory Services Inc. now owns 62,068 shares of the oil and gas company’s stock worth $5,089,000 after purchasing an additional 57,376 shares during the last quarter. Institutional investors and hedge funds own 53.18% of the company’s stock.
In related news, VP Neil A. Chapman sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $83.05, for a total transaction of $996,600.00. Following the completion of the transaction, the vice president now owns 291,385 shares in the company, valued at approximately $24,199,524.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.08% of the company’s stock.
Exxon Mobil Co. (XOM) opened at $74.53 on Wednesday. Exxon Mobil Co. has a 12-month low of $73.56 and a 12-month high of $89.30. The stock has a market capitalization of $315,820.00, a P/E ratio of 23.07, a P/E/G ratio of 1.02 and a beta of 0.91. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.52 and a current ratio of 0.82.
Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $0.88 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.06 by ($0.18). Exxon Mobil had a net margin of 7.61% and a return on equity of 8.00%. The company had revenue of $66.52 billion for the quarter, compared to analyst estimates of $74.41 billion. During the same quarter in the prior year, the firm earned $0.41 EPS. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. equities analysts forecast that Exxon Mobil Co. will post 4.81 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 9th. Investors of record on Monday, February 12th were given a dividend of $0.77 per share. The ex-dividend date of this dividend was Friday, February 9th. This represents a $3.08 dividend on an annualized basis and a yield of 4.13%. Exxon Mobil’s dividend payout ratio is currently 95.36%.
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.
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.