Kistler Tiffany Companies LLC raised its holdings in Exxon Mobil Co. (NYSE:XOM) by 3.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 69,897 shares of the oil and gas company’s stock after purchasing an additional 2,549 shares during the quarter. Exxon Mobil accounts for approximately 2.4% of Kistler Tiffany Companies LLC’s investment portfolio, making the stock its 8th biggest position. Kistler Tiffany Companies LLC’s holdings in Exxon Mobil were worth $5,730,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. CWH Capital Management Inc. bought a new position in shares of Exxon Mobil in the 2nd quarter valued at $114,000. Horan Securities Inc. lifted its stake in shares of Exxon Mobil by 20.8% in the 2nd quarter. Horan Securities Inc. now owns 1,511 shares of the oil and gas company’s stock valued at $122,000 after acquiring an additional 260 shares during the last quarter. Acrospire Investment Management LLC lifted its stake in shares of Exxon Mobil by 172.7% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,737 shares of the oil and gas company’s stock valued at $140,000 after acquiring an additional 1,100 shares during the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. lifted its stake in shares of Exxon Mobil by 2.7% in the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,900 shares of the oil and gas company’s stock valued at $153,000 after acquiring an additional 50 shares during the last quarter. Finally, Mountain Capital Investment Advisors Inc bought a new position in shares of Exxon Mobil in the 2nd quarter valued at $175,000. 51.05% of the stock is currently owned by hedge funds and other institutional investors.
Exxon Mobil Co. (NYSE:XOM) opened at $83.97 on Tuesday. Exxon Mobil Co. has a 12-month low of $76.05 and a 12-month high of $91.34. 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 firm has a market capitalization of $355,790.00, a PE ratio of 27.35, a PEG ratio of 1.76 and a beta of 0.82.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 11th. Stockholders of record on Monday, November 13th were given a $0.77 dividend. This represents a $3.08 annualized dividend and a dividend yield of 3.67%. The ex-dividend date was Friday, November 10th. Exxon Mobil’s dividend payout ratio (DPR) is presently 100.33%.
XOM has been the subject of a number of research reports. Cowen reiterated a “buy” rating and issued a $100.00 price target on shares of Exxon Mobil in a research note on Tuesday, September 19th. Royal Bank of Canada lowered their target price on Exxon Mobil from $90.00 to $85.00 and set a “sector perform” rating for the company in a research report on Thursday, November 16th. BNP Paribas set a $75.00 target price on Exxon Mobil and gave the stock a “sell” rating in a research report on Wednesday, November 15th. Vetr lowered Exxon Mobil from a “buy” rating to a “hold” rating and set a $85.17 target price for the company. in a research report on Thursday, September 28th. Finally, Goldman Sachs Group set a $86.00 target price on Exxon Mobil and gave the stock a “neutral” rating in a research report on Monday, October 30th. Six research analysts have rated the stock with a sell rating, fourteen have given a hold rating, seven have assigned a buy rating and three have given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $86.36.
In other news, VP Robert N. Schleckser sold 4,877 shares of the firm’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $83.37, for a total value of $406,595.49. Following the completion of the sale, the vice president now directly owns 187,663 shares in the company, valued at approximately $15,645,464.31. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Robert N. Schleckser sold 5,601 shares of the firm’s stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $83.93, for a total value of $470,091.93. Following the completion of the sale, the vice president now owns 187,663 shares of the company’s stock, valued at $15,750,555.59. The disclosure for this sale can be found here. Over the last three months, insiders sold 51,357 shares of company stock valued at $4,273,910. Corporate insiders own 0.08% of the company’s stock.
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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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