Hyman Charles D Sells 310 Shares of Exxon Mobil Co. (NYSE:XOM) - Defense World

Hyman Charles D lowered its position in shares of Exxon Mobil Co. (NYSE:XOM – Free Report) by 0.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 98,755 shares of the oil and gas company’s stock after selling 310 shares during the period. Hyman Charles D’s holdings in Exxon Mobil were worth $11,479,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of XOM. Carmel Capital Partners LLC grew its stake in shares of Exxon Mobil by 1.0% in the 1st quarter. Carmel Capital Partners LLC now owns 8,796 shares of the oil and gas company’s stock worth $1,022,000 after buying an additional 86 shares during the last quarter. PFS Partners LLC grew its stake in shares of Exxon Mobil by 0.5% in the 1st quarter. PFS Partners LLC now owns 18,836 shares of the oil and gas company’s stock worth $2,190,000 after buying an additional 89 shares during the last quarter. Bay Rivers Group grew its stake in shares of Exxon Mobil by 2.5% in the 1st quarter. Bay Rivers Group now owns 3,747 shares of the oil and gas company’s stock worth $436,000 after buying an additional 90 shares during the last quarter. Gilbert & Cook Inc. grew its stake in shares of Exxon Mobil by 0.4% in the 1st quarter. Gilbert & Cook Inc. now owns 25,564 shares of the oil and gas company’s stock worth $2,972,000 after buying an additional 91 shares during the last quarter. Finally, Lindbrook Capital LLC grew its stake in shares of Exxon Mobil by 0.8% in the 1st quarter. Lindbrook Capital LLC now owns 11,205 shares of the oil and gas company’s stock worth $1,302,000 after buying an additional 93 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,426 shares of the company’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the sale, the vice president now directly owns 25,363 shares in the company, valued at approximately $3,018,450.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.03% of the stock is currently owned by company insiders.

Exxon Mobil Trading Up 0.7 %

NYSE:XOM opened at $114.02 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06. The firm has a market capitalization of $449.58 billion, a price-to-earnings ratio of 13.88, a price-to-earnings-growth ratio of 4.24 and a beta of 0.91. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $123.75. The business has a fifty day moving average price of $114.16 and a 200-day moving average price of $110.54.

Exxon Mobil (NYSE:XOM – Get Free Report) last posted its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 EPS for the quarter, missing the consensus estimate of $2.19 by ($0.13). The company had revenue of $83.08 billion during the quarter, compared to analysts’ expectations of $79.69 billion. Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The company’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter last year, the company earned $2.83 earnings per share. Sell-side analysts forecast that Exxon Mobil Co. will post 8.92 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th were paid a $0.95 dividend. The ex-dividend date was Tuesday, May 14th. This represents a $3.80 annualized dividend and a dividend yield of 3.33%. Exxon Mobil’s dividend payout ratio (DPR) is 46.57%.

Wall Street Analysts Forecast Growth

XOM has been the topic of several recent research reports. Royal Bank of Canada restated a “sector perform” rating and issued a $135.00 price target on shares of Exxon Mobil in a research note on Tuesday, July 9th. Morgan Stanley reaffirmed an “overweight” rating and issued a $145.00 price objective on shares of Exxon Mobil in a research report on Wednesday, May 15th. Mizuho upped their price objective on Exxon Mobil from $125.00 to $128.00 and gave the company a “neutral” rating in a research report on Monday, May 13th. UBS Group upped their price objective on Exxon Mobil from $152.00 to $154.00 and gave the company a “buy” rating in a research report on Tuesday, June 25th. Finally, Scotiabank upped their price objective on Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a research report on Thursday, April 11th. Eight equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $134.41.

View Our Latest Research Report on XOM

Exxon Mobil Company Profile

(Free Report)

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.