ExxonMobil Corporation $XOM Position Increased by Sanctuary Advisors LLC

Sanctuary Advisors LLC raised its stake in shares of ExxonMobil Corporation (NYSE:XOMFree Report) by 2.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,048,409 shares of the oil and gas company’s stock after buying an additional 23,668 shares during the period. ExxonMobil accounts for approximately 0.7% of Sanctuary Advisors LLC’s portfolio, making the stock its 20th biggest holding. Sanctuary Advisors LLC’s holdings in ExxonMobil were worth $126,166,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Key Capital Management INC acquired a new stake in ExxonMobil during the fourth quarter worth about $28,000. Nvest Wealth Strategies Inc. acquired a new stake in ExxonMobil during the fourth quarter worth about $32,000. DecisionPoint Financial LLC grew its position in ExxonMobil by 968.0% during the fourth quarter. DecisionPoint Financial LLC now owns 267 shares of the oil and gas company’s stock worth $32,000 after buying an additional 242 shares in the last quarter. Westfuller Advisors LLC acquired a new stake in ExxonMobil during the third quarter worth about $30,000. Finally, TruNorth Capital Management LLC grew its position in ExxonMobil by 1,595.2% during the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after buying an additional 335 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

Insider Buying and Selling at ExxonMobil

In other news, VP Darrin L. Talley sold 1,080 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $155.50, for a total value of $167,940.00. Following the completion of the sale, the vice president directly owned 17,124 shares in the company, valued at approximately $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders sold 11,460 shares of company stock valued at $1,687,854 in the last three months. Company insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on XOM. TD Cowen decreased their target price on ExxonMobil from $175.00 to $172.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. UBS Group reissued a “buy” rating and set a $171.00 target price on shares of ExxonMobil in a research report on Monday, February 2nd. HSBC lifted their price objective on ExxonMobil from $135.00 to $158.00 and gave the company a “hold” rating in a report on Friday, March 20th. Bank of America lifted their price objective on ExxonMobil from $135.00 to $151.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. Finally, Morgan Stanley decreased their price objective on ExxonMobil from $172.00 to $171.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, ExxonMobil currently has an average rating of “Moderate Buy” and a consensus price target of $161.55.

Get Our Latest Report on XOM

ExxonMobil Stock Up 1.6%

Shares of XOM opened at $150.61 on Wednesday. The company has a market capitalization of $626.00 billion, a P/E ratio of 22.51, a PEG ratio of 0.71 and a beta of 0.29. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. ExxonMobil Corporation has a one year low of $101.18 and a one year high of $176.41. The business’s 50 day simple moving average is $154.83 and its 200-day simple moving average is $134.65.

ExxonMobil (NYSE:XOMGet Free Report) last announced its earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.63 by $0.08. The business had revenue of $80.04 billion for the quarter, compared to the consensus estimate of $77.98 billion. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.ExxonMobil’s revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.67 EPS. As a group, sell-side analysts predict that ExxonMobil Corporation will post 10.5 EPS for the current fiscal year.

ExxonMobil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were paid a $1.03 dividend. The ex-dividend date was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. ExxonMobil’s dividend payout ratio (DPR) is 61.58%.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

ExxonMobil Company Profile

(Free Report)

ExxonMobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

Read More

Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ExxonMobil Corporation (NYSE:XOMFree Report).

Institutional Ownership by Quarter for ExxonMobil (NYSE:XOM)

Receive News & Ratings for ExxonMobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ExxonMobil and related companies with MarketBeat.com's FREE daily email newsletter.