Piedmont Investment Advisors LLC raised its position in shares of Exxon Mobil Co. (NYSE:XOM) by 0.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 917,004 shares of the oil and gas company’s stock after purchasing an additional 8,420 shares during the period. Exxon Mobil makes up approximately 1.6% of Piedmont Investment Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Piedmont Investment Advisors LLC’s holdings in Exxon Mobil were worth $75,176,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. California Public Employees Retirement System grew its stake in shares of Exxon Mobil by 5.7% during the third quarter. California Public Employees Retirement System now owns 11,291,949 shares of the oil and gas company’s stock worth $925,714,000 after buying an additional 608,167 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Exxon Mobil by 5.6% during the third quarter. Janney Montgomery Scott LLC now owns 822,126 shares of the oil and gas company’s stock worth $67,398,000 after buying an additional 43,742 shares during the last quarter. Blue Edge Capital LLC grew its stake in shares of Exxon Mobil by 8.5% during the third quarter. Blue Edge Capital LLC now owns 50,547 shares of the oil and gas company’s stock worth $4,144,000 after buying an additional 3,978 shares during the last quarter. Janney Capital Management LLC grew its stake in shares of Exxon Mobil by 4.3% during the third quarter. Janney Capital Management LLC now owns 60,657 shares of the oil and gas company’s stock worth $4,972,000 after buying an additional 2,527 shares during the last quarter. Finally, Valeo Financial Advisors LLC bought a new stake in shares of Exxon Mobil during the third quarter worth $3,061,000. Institutional investors and hedge funds own 53.18% of the company’s stock.
In other Exxon Mobil news, VP Neil A. Chapman sold 12,000 shares of the company’s stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $83.05, for a total transaction of $996,600.00. Following the sale, the vice president now owns 291,385 shares of the company’s stock, valued at $24,199,524.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.08% of the company’s stock.
Shares of Exxon Mobil Co. (NYSE:XOM) opened at $74.53 on Wednesday. The company has a current ratio of 0.82, a quick ratio of 0.52 and a debt-to-equity ratio of 0.13. The company has a market cap of $315,820.00, a price-to-earnings ratio of 23.07, a price-to-earnings-growth ratio of 1.02 and a beta of 0.91. Exxon Mobil Co. has a 1 year low of $73.56 and a 1 year high of $89.30.
Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, February 2nd. The oil and gas company reported $0.88 EPS for the quarter, missing the Zacks’ consensus estimate of $1.06 by ($0.18). The firm had revenue of $66.52 billion for the quarter, compared to the consensus estimate of $74.41 billion. Exxon Mobil had a net margin of 7.61% and a return on equity of 8.00%. The business’s revenue was up 9.0% compared to the same quarter last year. During the same period last year, the company posted $0.41 EPS. equities research analysts expect that Exxon Mobil Co. will post 4.81 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, March 9th. Shareholders 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 (DPR) is currently 95.36%.
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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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