Exxon Mobil Corporation (XOM) Shares Bought by HL Financial Services LLC

HL Financial Services LLC lifted its holdings in shares of Exxon Mobil Corporation (NYSE:XOM) by 0.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,418,137 shares of the oil and gas company’s stock after purchasing an additional 11,476 shares during the quarter. Exxon Mobil Corporation comprises approximately 2.3% of HL Financial Services LLC’s investment portfolio, making the stock its 12th biggest position. HL Financial Services LLC’s holdings in Exxon Mobil Corporation were worth $114,486,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sabal Trust CO lifted its stake in Exxon Mobil Corporation by 0.3% during the 1st quarter. Sabal Trust CO now owns 321,625 shares of the oil and gas company’s stock worth $26,377,000 after acquiring an additional 885 shares in the last quarter. Oakbrook Investments LLC lifted its stake in Exxon Mobil Corporation by 71.7% during the 1st quarter. Oakbrook Investments LLC now owns 248,909 shares of the oil and gas company’s stock worth $20,413,000 after acquiring an additional 103,950 shares in the last quarter. Sky Investment Group LLC lifted its stake in Exxon Mobil Corporation by 1.2% during the 1st quarter. Sky Investment Group LLC now owns 96,723 shares of the oil and gas company’s stock worth $7,932,000 after acquiring an additional 1,116 shares in the last quarter. Bright Rock Capital Management LLC lifted its stake in Exxon Mobil Corporation by 11.5% during the 1st quarter. Bright Rock Capital Management LLC now owns 58,000 shares of the oil and gas company’s stock worth $4,757,000 after acquiring an additional 6,000 shares in the last quarter. Finally, First Hawaiian Bank lifted its stake in Exxon Mobil Corporation by 1.5% during the 1st quarter. First Hawaiian Bank now owns 13,099 shares of the oil and gas company’s stock worth $1,074,000 after acquiring an additional 199 shares in the last quarter. Institutional investors and hedge funds own 50.83% of the company’s stock.

Exxon Mobil Corporation (NYSE XOM) opened at $82.94 on Monday. The stock has a market capitalization of $351,430.00, a P/E ratio of 23.30, a P/E/G ratio of 1.75 and a beta of 0.83. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.54 and a current ratio of 0.85. Exxon Mobil Corporation has a 12 month low of $76.05 and a 12 month high of $93.22.

Exxon Mobil Corporation (NYSE:XOM) last announced its 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 Corporation had a return on equity of 8.21% and a net margin of 5.14%. The company had revenue of $66.17 billion for the quarter, compared to the consensus estimate of $63.51 billion. During the same period last year, the business posted $0.63 EPS. analysts expect that Exxon Mobil Corporation will post 3.62 earnings per share for the current fiscal year.

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

Several equities analysts recently issued reports on the company. Goldman Sachs Group, Inc. (The) set a $86.00 target price on Exxon Mobil Corporation and gave the stock a “neutral” rating in a research note on Tuesday, November 7th. HSBC Holdings plc lowered Exxon Mobil Corporation from a “hold” rating to a “reduce” rating and decreased their target price for the stock from $83.60 to $77.00 in a research note on Tuesday, November 7th. TheStreet raised Exxon Mobil Corporation from a “c” rating to a “b-” rating in a research note on Friday, October 27th. Wells Fargo & Company set a $84.00 target price on Exxon Mobil Corporation and gave the stock a “neutral” rating in a research note on Monday, October 30th. Finally, Zacks Investment Research raised Exxon Mobil Corporation from a “hold” rating to a “buy” rating and set a $93.00 target price on the stock in a research note on Thursday, October 26th. Six equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. Exxon Mobil Corporation currently has an average rating of “Hold” and a consensus target price of $85.57.

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In other Exxon Mobil Corporation news, VP Robert Stuart Franklin sold 22,656 shares of Exxon Mobil Corporation stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $79.76, for a total value of $1,807,042.56. Following the transaction, the vice president now directly owns 231,572 shares in the company, valued at approximately $18,470,182.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.08% of the company’s stock.

Exxon Mobil Corporation 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 Corporation (NYSE:XOM)

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