St. James Investment Company LLC boosted its position in shares of Exxon Mobil Corp. (NYSE:XOM) by 9.3% during the second quarter, Holdings Channel reports. The firm owned 10,813 shares of the company’s stock after buying an additional 916 shares during the period. Exxon Mobil Corp. accounts for about 0.1% of St. James Investment Company LLC’s portfolio, making the stock its 29th largest position. St. James Investment Company LLC’s holdings in Exxon Mobil Corp. were worth $1,014,000 as of its most recent filing with the SEC.
Several other large investors have also recently modified their holdings of the stock. Edgar Lomax Co. VA increased its position in shares of Exxon Mobil Corp. by 17.5% in the first quarter. Edgar Lomax Co. VA now owns 846,898 shares of the company’s stock worth $70,792,000 after buying an additional 126,050 shares during the last quarter. Gofen & Glossberg LLC IL increased its position in shares of Exxon Mobil Corp. by 0.3% in the second quarter. Gofen & Glossberg LLC IL now owns 615,196 shares of the company’s stock worth $57,668,000 after buying an additional 1,572 shares during the last quarter. British Columbia Investment Management Corp increased its position in shares of Exxon Mobil Corp. by 0.5% in the second quarter. British Columbia Investment Management Corp now owns 1,918,199 shares of the company’s stock worth $179,812,000 after buying an additional 9,739 shares during the last quarter. Canandaigua National Bank & Trust Co. increased its position in shares of Exxon Mobil Corp. by 1.1% in the first quarter. Canandaigua National Bank & Trust Co. now owns 218,312 shares of the company’s stock worth $18,249,000 after buying an additional 2,477 shares during the last quarter. Finally, Profit Investment Management LLC bought a new position in shares of Exxon Mobil Corp. during the first quarter worth approximately $3,489,000. Institutional investors and hedge funds own 50.42% of the company’s stock.
Shares of Exxon Mobil Corp. (NYSE:XOM) traded down 0.11% on Friday, hitting $83.45. The company had a trading volume of 12,667,106 shares. Exxon Mobil Corp. has a 12-month low of $71.55 and a 12-month high of $95.55. The firm has a 50 day moving average of $86.78 and a 200-day moving average of $88.06. The firm has a market capitalization of $346.04 billion, a P/E ratio of 33.14 and a beta of 0.78.
Exxon Mobil Corp. (NYSE:XOM) last released its quarterly earnings data on Friday, July 29th. The company reported $0.41 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by $0.23. The company earned $57.69 billion during the quarter, compared to the consensus estimate of $60.23 billion. Exxon Mobil Corp. had a net margin of 4.51% and a return on equity of 5.94%. The company’s revenue for the quarter was down 22.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.00 EPS. On average, equities analysts predict that Exxon Mobil Corp. will post $2.31 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 9th. Shareholders of record on Friday, August 12th were paid a $0.75 dividend. The ex-dividend date of this dividend was Wednesday, August 10th. This represents a $3.00 dividend on an annualized basis and a yield of 3.59%. Exxon Mobil Corp.’s payout ratio is 119.05%.
A number of brokerages recently commented on XOM. Barclays PLC set a $102.00 price objective on Exxon Mobil Corp. and gave the stock a “neutral” rating in a research note on Wednesday, July 13th. HSBC set a $88.50 price objective on Exxon Mobil Corp. and gave the stock a “neutral” rating in a research note on Wednesday, July 13th. Goldman Sachs Group Inc. set a $102.00 price objective on Exxon Mobil Corp. and gave the stock a “buy” rating in a research note on Thursday, July 14th. Zacks Investment Research upgraded Exxon Mobil Corp. from a “hold” rating to a “buy” rating and set a $105.00 price objective for the company in a research note on Tuesday, July 5th. Finally, Jefferies Group restated a “hold” rating on shares of Exxon Mobil Corp. in a research note on Sunday, July 10th. Seven investment analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $87.13.
In other Exxon Mobil Corp. news, VP Robert Stuart Franklin sold 13,855 shares of the business’s stock in a transaction dated Wednesday, August 24th. The stock was sold at an average price of $87.93, for a total value of $1,218,270.15. Following the completion of the transaction, the vice president now directly owns 213,256 shares of the company’s stock, valued at $18,751,600.08. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.14% of the stock is owned by company insiders.
Exxon Mobil Corp. Company Profile
Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas, manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. The Company also manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and various specialty products.
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