Hill Investment Group Partners LLC Has $564,000 Stock Position in Exxon Mobil Corporation $XOM

Key Points

• Hill Investment Group Partners LLC has significantly reduced its stake in Exxon Mobil Corporation by 48.6%, now holding 4,742 shares valued at approximately $564,000.
• Exxon Mobil reported a quarterly earnings per share of $1.64, exceeding analyst estimates of $1.47, though year-over-year revenue declined by 12.4%.
• The company announced a quarterly dividend of $0.99 per share, yielding 3.6% and reflecting a dividend payout ratio of 56.25%.

Hill Investment Group Partners LLC lowered its stake in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 48.6% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 4,742 shares of the oil and gas company's stock after selling 4,489 shares during the period. Exxon Mobil makes up 0.1% of Hill Investment Group Partners LLC's portfolio, making the stock its 29th largest holding. Hill Investment Group Partners LLC's holdings in Exxon Mobil were worth $564,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. 10Elms LLP acquired a new position in shares of Exxon Mobil during the 4th quarter worth approximately $25,000. Graybill Wealth Management LTD. acquired a new stake in shares of Exxon Mobil during the 1st quarter worth approximately $29,000. Elequin Capital LP acquired a new stake in shares of Exxon Mobil during the 1st quarter worth approximately $31,000. Capital A Wealth Management LLC acquired a new stake in shares of Exxon Mobil during the 4th quarter worth approximately $32,000. Finally, Clal Insurance Enterprises Holdings Ltd boosted its position in shares of Exxon Mobil by 396.7% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 298 shares of the oil and gas company's stock worth $35,000 after acquiring an additional 238 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.

Analysts Set New Price Targets

XOM has been the topic of several analyst reports. Melius initiated coverage on shares of Exxon Mobil in a research report on Wednesday, August 20th. They set a "hold" rating and a $111.00 price target on the stock. Barclays reiterated a "hold" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. Melius Research initiated coverage on shares of Exxon Mobil in a research report on Wednesday, August 20th. They set a "hold" rating and a $111.00 price target on the stock. Royal Bank Of Canada reiterated a "sector perform" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. Finally, Wells Fargo & Company set a $127.00 price objective on shares of Exxon Mobil and gave the company an "overweight" rating in a research note on Thursday, June 26th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $125.00.

Exxon Mobil Price Performance

XOM stock opened at $111.1220 on Monday. The company has a fifty day moving average price of $110.24 and a 200-day moving average price of $108.88. The company has a market capitalization of $473.74 billion, a P/E ratio of 15.78, a PEG ratio of 2.08 and a beta of 0.53. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $126.34. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.88 and a current ratio of 1.25.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its earnings results on Friday, August 1st. The oil and gas company reported $1.64 earnings per share for the quarter, topping analysts' consensus estimates of $1.47 by $0.17. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. The business had revenue of $81.51 billion during the quarter, compared to the consensus estimate of $79.07 billion. During the same quarter last year, the firm earned $2.14 earnings per share. Exxon Mobil's quarterly revenue was down 12.4% on a year-over-year basis. As a group, equities analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Friday, August 15th will be paid a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Friday, August 15th. Exxon Mobil's dividend payout ratio (DPR) is currently 56.25%.

Exxon Mobil Company 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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