Exxon Mobil Co. (XOM) is Willingdon Wealth Management’s 7th Largest Position

Willingdon Wealth Management raised its stake in Exxon Mobil Co. (NYSE:XOM) by 163.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 69,607 shares of the oil and gas company’s stock after purchasing an additional 43,179 shares during the quarter. Exxon Mobil makes up about 2.1% of Willingdon Wealth Management’s portfolio, making the stock its 7th biggest holding. Willingdon Wealth Management’s holdings in Exxon Mobil were worth $5,706,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in shares of Exxon Mobil by 3.5% during the 2nd quarter. Vanguard Group Inc. now owns 309,411,379 shares of the oil and gas company’s stock worth $24,978,780,000 after acquiring an additional 10,366,636 shares during the period. First Eagle Investment Management LLC boosted its stake in shares of Exxon Mobil by 136,463.4% during the 2nd quarter. First Eagle Investment Management LLC now owns 7,139,533 shares of the oil and gas company’s stock worth $576,374,000 after acquiring an additional 7,134,305 shares during the period. Harbour Capital Advisors LLC boosted its stake in shares of Exxon Mobil by 8,029.5% during the 2nd quarter. Harbour Capital Advisors LLC now owns 3,741,755 shares of the oil and gas company’s stock worth $46,349,000 after acquiring an additional 3,695,728 shares during the period. APG Asset Management N.V. boosted its stake in shares of Exxon Mobil by 22.6% during the 3rd quarter. APG Asset Management N.V. now owns 13,818,741 shares of the oil and gas company’s stock worth $1,132,860,000 after acquiring an additional 2,546,570 shares during the period. Finally, Janus Henderson Group PLC boosted its stake in shares of Exxon Mobil by 365.5% during the 2nd quarter. Janus Henderson Group PLC now owns 2,658,225 shares of the oil and gas company’s stock worth $214,591,000 after acquiring an additional 2,087,165 shares during the period. Hedge funds and other institutional investors own 51.65% of the company’s stock.

In other Exxon Mobil news, VP Bradley W. Corson sold 19,500 shares of the company’s stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $83.01, for a total value of $1,618,695.00. Following the completion of the transaction, the vice president now owns 229,774 shares of the company’s stock, valued at approximately $19,073,539.74. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Neil A. Chapman sold 12,000 shares of the company’s stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $83.05, for a total value of $996,600.00. Following the completion of the transaction, the vice president now directly owns 291,385 shares of the company’s stock, valued at approximately $24,199,524.25. The disclosure for this sale can be found here. In the last ninety days, insiders sold 51,357 shares of company stock valued at $4,273,910. Insiders own 0.08% of the company’s stock.

Several analysts recently issued reports on XOM shares. Barclays set a $84.00 price target on Exxon Mobil and gave the company a “sell” rating in a research note on Tuesday. Piper Jaffray Companies restated a “hold” rating and issued a $83.00 price target on shares of Exxon Mobil in a research note on Monday, February 5th. HSBC restated a “sell” rating and issued a $70.00 price target on shares of Exxon Mobil in a research note on Thursday, February 15th. Jefferies Group restated a “neutral” rating and issued a $87.00 price target on shares of Exxon Mobil in a research note on Monday, February 5th. Finally, Vetr upgraded Exxon Mobil from a “hold” rating to a “buy” rating and set a $87.50 price target for the company in a research note on Monday, February 5th. Seven investment analysts have rated the stock with a sell rating, fourteen have given a hold rating, six have given a buy rating and two have given a strong buy rating to the stock. Exxon Mobil currently has an average rating of “Hold” and a consensus target price of $87.02.

Exxon Mobil Co. (NYSE:XOM) opened at $76.54 on Tuesday. The company has a current ratio of 0.85, a quick ratio of 0.54 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a fifty-two week low of $73.90 and a fifty-two week high of $89.30. The company has a market capitalization of $324,310.00, a price-to-earnings ratio of 16.53, a PEG ratio of 1.03 and a beta of 0.82.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, February 2nd. The oil and gas company reported $0.88 EPS for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.18). Exxon Mobil had a return on equity of 8.09% and a net margin of 7.61%. The business had revenue of $66.52 billion for the quarter, compared to analyst estimates of $74.41 billion. During the same period last year, the firm posted $0.41 EPS. Exxon Mobil’s quarterly revenue was up 9.0% on a year-over-year basis. research analysts expect that Exxon Mobil Co. will post 4.85 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Monday, February 12th will be issued a $0.77 dividend. The ex-dividend date is Friday, February 9th. This represents a $3.08 dividend on an annualized basis and a yield of 4.02%. Exxon Mobil’s payout ratio is presently 66.52%.

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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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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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