Sentry Investment Management LLC raised its stake in Exxon Mobil Corporation (NYSE:XOM) by 3.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 341,439 shares of the oil and gas company’s stock after buying an additional 11,324 shares during the period. Exxon Mobil accounts for 1.1% of Sentry Investment Management LLC’s holdings, making the stock its 14th largest holding. Sentry Investment Management LLC’s holdings in Exxon Mobil were worth $27,564,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently modified their holdings of the business. CWH Capital Management Inc. acquired a new position in shares of Exxon Mobil during the second quarter worth $114,000. Horan Securities Inc. lifted its holdings in shares of Exxon Mobil by 20.8% during the second quarter. Horan Securities Inc. now owns 1,511 shares of the oil and gas company’s stock worth $122,000 after purchasing an additional 260 shares during the period. Watermark Asset Management Inc. acquired a new position in shares of Exxon Mobil during the first quarter worth $136,000. Acrospire Investment Management LLC lifted its holdings 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 period. Finally, Mitsubishi UFJ Securities Holdings Co. Ltd. lifted its holdings 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 period. Hedge funds and other institutional investors own 51.18% of the company’s stock.

In other Exxon Mobil news, VP Robert Stuart Franklin sold 22,656 shares of Exxon Mobil stock in a transaction on Monday, September 18th. The shares were sold at an average price of $79.76, for a total value of $1,807,042.56. Following the completion of the sale, the vice president now directly owns 231,572 shares of the company’s stock, valued at $18,470,182.72. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider James M. Spellings, Jr. sold 9,379 shares of Exxon Mobil stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $83.37, for a total transaction of $781,927.23. Following the completion of the sale, the insider now directly owns 220,000 shares of the company’s stock, valued at $18,341,400. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 74,013 shares of company stock valued at $6,080,952. Insiders own 0.08% of the company’s stock.

Exxon Mobil Corporation (XOM) traded up $0.13 on Friday, reaching $83.03. 26,582,047 shares of the company’s stock traded hands, compared to its average volume of 9,904,506. Exxon Mobil Corporation has a 12-month low of $76.05 and a 12-month high of $91.67. The company has a current ratio of 0.85, a quick ratio of 0.54 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $351,256.09, a P/E ratio of 23.29, a P/E/G ratio of 1.74 and a beta of 0.83.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, October 27th. The oil and gas company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.04. Exxon Mobil had a net margin of 5.14% and a return on equity of 8.21%. The firm had revenue of $66.17 billion during the quarter, compared to the consensus estimate of $63.51 billion. During the same period in the previous year, the firm posted $0.63 earnings per share. analysts forecast that Exxon Mobil Corporation will post 3.65 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, December 11th. Shareholders of record on Monday, November 13th were paid a $0.77 dividend. This represents a $3.08 annualized dividend and a yield of 3.71%. The ex-dividend date was Friday, November 10th. Exxon Mobil’s dividend payout ratio (DPR) is currently 100.33%.

A number of equities analysts have recently commented on the stock. lowered shares of Exxon Mobil from a “hold” rating to a “reduce” rating and cut their price target for the stock from $83.60 to $77.00 in a report on Tuesday, November 7th. Goldman Sachs Group set a $86.00 price target on shares of Exxon Mobil and gave the stock a “neutral” rating in a report on Tuesday, November 7th. Wells Fargo & Company set a $84.00 price target on shares of Exxon Mobil and gave the stock a “neutral” rating in a report on Monday, October 30th. TheStreet upgraded shares of Exxon Mobil from a “c” rating to a “b-” rating in a report on Friday, October 27th. Finally, UBS set a $83.00 price target on shares of Exxon Mobil and gave the stock a “neutral” rating in a report on Monday, December 4th. Six analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $86.32.

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Exxon Mobil 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.

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

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