Seaward Management Limited Partnership boosted its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 1.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 660,676 shares of the oil and gas company’s stock after buying an additional 12,091 shares during the period. Exxon Mobil Corporation makes up about 2.7% of Seaward Management Limited Partnership’s investment portfolio, making the stock its 4th largest holding. Seaward Management Limited Partnership’s holdings in Exxon Mobil Corporation were worth $53,336,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Horizon Investment Services LLC boosted its stake in Exxon Mobil Corporation by 0.4% during the 1st quarter. Horizon Investment Services LLC now owns 4,787 shares of the oil and gas company’s stock valued at $393,000 after purchasing an additional 20 shares during the last quarter. Jag Capital Management LLC boosted its stake in Exxon Mobil Corporation by 0.5% during the 2nd quarter. Jag Capital Management LLC now owns 5,635 shares of the oil and gas company’s stock valued at $455,000 after purchasing an additional 26 shares during the last quarter. Harwood Advisory Group LLC boosted its stake in Exxon Mobil Corporation by 0.5% during the 2nd quarter. Harwood Advisory Group LLC now owns 8,271 shares of the oil and gas company’s stock valued at $668,000 after purchasing an additional 40 shares during the last quarter. Sonata Capital Group Inc. boosted its stake in Exxon Mobil Corporation by 0.9% during the 1st quarter. Sonata Capital Group Inc. now owns 5,522 shares of the oil and gas company’s stock valued at $453,000 after purchasing an additional 50 shares during the last quarter. Finally, Investors Asset Management of Georgia Inc. GA ADV boosted its stake in Exxon Mobil Corporation by 0.4% during the 2nd quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 12,519 shares of the oil and gas company’s stock valued at $1,011,000 after purchasing an additional 50 shares during the last quarter. 50.84% of the stock is owned by institutional investors.

COPYRIGHT VIOLATION WARNING: “Seaward Management Limited Partnership Boosts Position in Exxon Mobil Corporation (XOM)” was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this report on another website, it was stolen and reposted in violation of U.S. and international copyright law. The legal version of this report can be accessed at https://www.thecerbatgem.com/2017/11/14/seaward-management-limited-partnership-boosts-position-in-exxon-mobil-corporation-xom.html.

Several analysts have commented on XOM shares. Cowen and Company reiterated a “buy” rating and set a $100.00 target price on shares of Exxon Mobil Corporation in a research note on Tuesday, September 19th. Vetr downgraded Exxon Mobil Corporation from a “buy” rating to a “hold” rating and set a $85.17 target price on the stock. in a research note on Thursday, September 28th. Goldman Sachs Group, Inc. (The) set a $86.00 price target on Exxon Mobil Corporation and gave the stock a “neutral” rating in a research note on Monday, October 30th. Barclays PLC set a $94.00 price target on Exxon Mobil Corporation and gave the stock a “buy” rating in a research note on Monday, August 21st. Finally, Morgan Stanley set a $85.00 price target on Exxon Mobil Corporation and gave the stock a “sell” rating in a research note on Tuesday, October 17th. Six research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Exxon Mobil Corporation currently has a consensus rating of “Hold” and a consensus target price of $85.57.

In other news, VP Robert Stuart Franklin sold 22,656 shares of Exxon Mobil Corporation stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $79.76, for a total value of $1,807,042.56. Following the sale, the vice president now directly owns 231,572 shares of the company’s stock, valued at $18,470,182.72. The sale 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.

Shares of Exxon Mobil Corporation (NYSE XOM) opened at $82.89 on Tuesday. Exxon Mobil Corporation has a twelve month low of $76.05 and a twelve month high of $93.22. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.85 and a quick ratio of 0.54. The stock has a market capitalization of $351,425.59, a PE ratio of 23.30, a PEG ratio of 1.75 and a beta of 0.84.

Exxon Mobil Corporation (NYSE:XOM) last issued its earnings results on Friday, October 27th. The oil and gas company reported $0.93 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.89 by $0.04. Exxon Mobil Corporation had a return on equity of 8.21% and a net margin of 5.14%. The firm had revenue of $66.17 billion for the quarter, compared to analysts’ expectations of $63.51 billion. During the same period in the previous year, the firm posted $0.63 earnings per share. research analysts anticipate that Exxon Mobil Corporation will post 3.62 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Stockholders of record on Monday, November 13th will be issued a $0.77 dividend. The ex-dividend date of this dividend is Friday, November 10th. This represents a $3.08 annualized dividend and a dividend yield of 3.72%. Exxon Mobil Corporation’s dividend payout ratio (DPR) is 100.33%.

About Exxon Mobil Corporation

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.

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

Receive News & Stock Ratings for Exxon Mobil Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil Corporation and related stocks with our FREE daily email newsletter.