5,081 Shares in Exxon Mobil Co. (NYSE:XOM) Purchased by Hilton Capital Management LLC

Hilton Capital Management LLC acquired a new stake in shares of Exxon Mobil Co. (NYSE:XOMGet Rating) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 5,081 shares of the oil and gas company’s stock, valued at approximately $420,000.

Several other large investors have also recently made changes to their positions in XOM. Guardian Wealth Management Inc. purchased a new stake in Exxon Mobil during the 4th quarter valued at $30,000. Horan Securities Inc. purchased a new stake in Exxon Mobil during the 4th quarter valued at $31,000. West Bancorporation Inc. bought a new stake in shares of Exxon Mobil during the 4th quarter valued at $32,000. Nvwm LLC grew its position in shares of Exxon Mobil by 100.0% during the 4th quarter. Nvwm LLC now owns 600 shares of the oil and gas company’s stock valued at $36,000 after acquiring an additional 300 shares during the period. Finally, Core Wealth Advisors Inc. grew its position in shares of Exxon Mobil by 454.5% during the 4th quarter. Core Wealth Advisors Inc. now owns 610 shares of the oil and gas company’s stock valued at $37,000 after acquiring an additional 500 shares during the period. 54.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. StockNews.com downgraded shares of Exxon Mobil from a “buy” rating to a “hold” rating in a research report on Monday, May 2nd. Credit Suisse Group raised shares of Exxon Mobil from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $115.00 to $125.00 in a report on Tuesday, June 21st. Cowen upped their target price on shares of Exxon Mobil from $77.00 to $90.00 in a report on Monday, May 2nd. Citigroup upped their target price on shares of Exxon Mobil from $80.00 to $90.00 and gave the stock a “neutral” rating in a report on Thursday, May 19th. Finally, Barclays boosted their price target on shares of Exxon Mobil from $98.00 to $111.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 31st. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $96.40.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,500 shares of Exxon Mobil stock in a transaction dated Monday, August 1st. The shares were sold at an average price of $94.60, for a total transaction of $236,500.00. Following the transaction, the vice president now directly owns 27,863 shares of the company’s stock, valued at $2,635,839.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, VP Darrin L. Talley sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, August 1st. The shares were sold at an average price of $94.60, for a total value of $236,500.00. Following the sale, the vice president now directly owns 27,863 shares of the company’s stock, valued at approximately $2,635,839.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Darrin L. Talley sold 2,147 shares of the business’s stock in a transaction that occurred on Tuesday, June 7th. The shares were sold at an average price of $102.81, for a total transaction of $220,733.07. Following the completion of the sale, the vice president now directly owns 30,363 shares in the company, valued at $3,121,620.03. The disclosure for this sale can be found here. Over the last three months, insiders have sold 7,147 shares of company stock worth $698,858. 0.04% of the stock is owned by insiders.

Exxon Mobil Price Performance

Shares of XOM opened at $87.19 on Friday. The company has a market cap of $367.29 billion, a price-to-earnings ratio of 9.54, a price-to-earnings-growth ratio of 0.32 and a beta of 1.09. Exxon Mobil Co. has a twelve month low of $52.10 and a twelve month high of $105.57. The company has a quick ratio of 0.87, a current ratio of 1.16 and a debt-to-equity ratio of 0.21. The company has a 50 day moving average of $91.11 and a two-hundred day moving average of $85.81.

Exxon Mobil (NYSE:XOMGet Rating) last issued its earnings results on Friday, July 29th. The oil and gas company reported $4.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.74 by $0.40. Exxon Mobil had a net margin of 10.67% and a return on equity of 23.82%. The firm had revenue of $115.68 billion during the quarter, compared to analysts’ expectations of $111.67 billion. During the same quarter last year, the company posted $1.10 earnings per share. The firm’s revenue was up 70.8% compared to the same quarter last year. As a group, analysts predict that Exxon Mobil Co. will post 12.24 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 9th. Investors of record on Friday, August 12th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Thursday, August 11th. This represents a $3.52 dividend on an annualized basis and a yield of 4.04%. Exxon Mobil’s payout ratio is presently 38.51%.

Exxon Mobil Profile

(Get Rating)

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals; and captures and stores carbon, hydrogen, and biofuels.

Further Reading

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

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