Exxon Mobil Corporation $XOM Shares Purchased by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. raised its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 2.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 128,633 shares of the oil and gas company’s stock after acquiring an additional 3,510 shares during the period. SBI Securities Co. Ltd.’s holdings in Exxon Mobil were worth $13,867,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Eagle Capital Management LLC boosted its position in Exxon Mobil by 15.3% during the 1st quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after purchasing an additional 376 shares during the period. Brucke Financial Inc. lifted its stake in shares of Exxon Mobil by 2.1% during the first quarter. Brucke Financial Inc. now owns 6,792 shares of the oil and gas company’s stock worth $808,000 after purchasing an additional 142 shares in the last quarter. LRI Investments LLC lifted its stake in shares of Exxon Mobil by 6.3% during the first quarter. LRI Investments LLC now owns 40,122 shares of the oil and gas company’s stock worth $4,772,000 after purchasing an additional 2,377 shares in the last quarter. Whitener Capital Management Inc. boosted its position in shares of Exxon Mobil by 3.2% in the first quarter. Whitener Capital Management Inc. now owns 41,900 shares of the oil and gas company’s stock worth $4,983,000 after buying an additional 1,295 shares during the period. Finally, Isthmus Partners LLC grew its stake in shares of Exxon Mobil by 10.4% in the first quarter. Isthmus Partners LLC now owns 8,522 shares of the oil and gas company’s stock valued at $1,014,000 after buying an additional 800 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,158 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $110.45, for a total transaction of $238,351.10. Following the transaction, the vice president owned 13,829 shares of the company’s stock, valued at $1,527,413.05. This trade represents a 13.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.03% of the stock is owned by insiders.

Exxon Mobil Trading Up 1.2%

XOM opened at $119.70 on Wednesday. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $123.21. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.25 and a quick ratio of 0.88. The stock has a market capitalization of $504.78 billion, a PE ratio of 17.00, a P/E/G ratio of 2.06 and a beta of 0.49. The firm’s fifty day moving average price is $113.63 and its 200 day moving average price is $110.45.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. The company had revenue of $57.55 billion during the quarter. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. As a group, research analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Friday, November 14th will be issued a $1.03 dividend. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.99. This represents a $4.12 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Friday, November 14th. Exxon Mobil’s dividend payout ratio is presently 59.88%.

Analyst Ratings Changes

A number of research firms have weighed in on XOM. Melius initiated coverage on Exxon Mobil in a report on Wednesday, August 20th. They issued a “hold” rating and a $111.00 price target for the company. Morgan Stanley upped their target price on shares of Exxon Mobil from $134.00 to $135.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a report on Monday, November 3rd. Wall Street Zen raised shares of Exxon Mobil from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Finally, Wells Fargo & Company initiated coverage on shares of Exxon Mobil in a research report on Friday, October 17th. They issued an “overweight” rating and a $156.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $128.67.

About Exxon Mobil

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.