Exxon Mobil Corporation $XOM Shares Acquired by Jackson Hole Capital Partners LLC

Key Points

• Jackson Hole Capital Partners LLC increased its stake in Exxon Mobil Corporation by 70.4% in Q2, now holding 19,133 shares valued at approximately $2.06 million.
• Exxon Mobil recently declared a quarterly dividend of $0.99 per share, offering an annualized yield of 3.4% with a dividend payout ratio of 56.25%.
• Institutional investors and hedge funds collectively own 61.80% of Exxon Mobil's stock, reflecting significant confidence in the company.

Jackson Hole Capital Partners LLC raised its position in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 70.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,133 shares of the oil and gas company's stock after acquiring an additional 7,903 shares during the quarter. Jackson Hole Capital Partners LLC's holdings in Exxon Mobil were worth $2,063,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Axis Wealth Partners LLC raised its holdings in shares of Exxon Mobil by 1.8% during the second quarter. Axis Wealth Partners LLC now owns 5,056 shares of the oil and gas company's stock valued at $545,000 after acquiring an additional 90 shares during the last quarter. Park Edge Advisors LLC raised its holdings in shares of Exxon Mobil by 0.3% during the second quarter. Park Edge Advisors LLC now owns 32,031 shares of the oil and gas company's stock valued at $3,453,000 after acquiring an additional 91 shares during the last quarter. Willow Creek Wealth Management Inc. raised its holdings in shares of Exxon Mobil by 3.6% during the second quarter. Willow Creek Wealth Management Inc. now owns 2,640 shares of the oil and gas company's stock valued at $285,000 after acquiring an additional 91 shares during the last quarter. Chapin Davis Inc. raised its holdings in shares of Exxon Mobil by 2.1% during the second quarter. Chapin Davis Inc. now owns 4,607 shares of the oil and gas company's stock valued at $497,000 after acquiring an additional 93 shares during the last quarter. Finally, Cascade Investment Group Inc. increased its holdings in shares of Exxon Mobil by 2.1% in the second quarter. Cascade Investment Group Inc. now owns 4,419 shares of the oil and gas company's stock valued at $476,000 after purchasing an additional 93 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,158 shares of Exxon Mobil stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $110.45, for a total value of $238,351.10. Following the completion of the sale, the vice president directly owned 13,829 shares of the company's stock, valued at approximately $1,527,413.05. The trade was a 13.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Price Performance

XOM stock opened at $115.39 on Friday. The business has a fifty day moving average of $112.58 and a two-hundred day moving average of $109.54. The company has a quick ratio of 0.88, a current ratio of 1.25 and a debt-to-equity ratio of 0.12. The stock has a market cap of $491.94 billion, a price-to-earnings ratio of 16.39, a price-to-earnings-growth ratio of 2.05 and a beta of 0.51. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $123.21.

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

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 15th were paid a dividend of $0.99 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $3.96 annualized dividend and a yield of 3.4%. Exxon Mobil's dividend payout ratio (DPR) is 56.25%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Wall Street Zen raised Exxon Mobil from a "sell" rating to a "hold" rating in a report on Saturday, September 13th. Scotiabank reaffirmed an "outperform" rating on shares of Exxon Mobil in a report on Thursday, October 9th. UBS Group increased their price target on Exxon Mobil from $143.00 to $145.00 and gave the company a "buy" rating in a report on Monday, October 13th. Melius assumed 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. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Exxon Mobil in a report on Friday. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and ten have assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $127.58.

Exxon Mobil Profile

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.

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