Sunbeam Capital Management LLC Invests $2.02 Million in Exxon Mobil Co. (NYSE:XOM)

Sunbeam Capital Management LLC acquired a new stake in Exxon Mobil Co. (NYSE:XOM - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 18,781 shares of the oil and gas company's stock, valued at approximately $2,020,000. Exxon Mobil accounts for approximately 1.9% of Sunbeam Capital Management LLC's holdings, making the stock its 11th largest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tallon Kerry Patrick bought a new position in shares of Exxon Mobil during the fourth quarter worth approximately $789,000. XML Financial LLC boosted its holdings in shares of Exxon Mobil by 1.2% in the 4th quarter. XML Financial LLC now owns 48,284 shares of the oil and gas company's stock valued at $5,194,000 after purchasing an additional 592 shares in the last quarter. Eads & Heald Wealth Management boosted its holdings in shares of Exxon Mobil by 0.8% in the 4th quarter. Eads & Heald Wealth Management now owns 16,747 shares of the oil and gas company's stock valued at $1,802,000 after purchasing an additional 127 shares in the last quarter. Missouri Trust & Investment Co boosted its holdings in shares of Exxon Mobil by 16.8% in the 4th quarter. Missouri Trust & Investment Co now owns 2,313 shares of the oil and gas company's stock valued at $249,000 after purchasing an additional 332 shares in the last quarter. Finally, MBM Wealth Consultants LLC boosted its holdings in shares of Exxon Mobil by 7.6% in the 4th quarter. MBM Wealth Consultants LLC now owns 2,659 shares of the oil and gas company's stock valued at $285,000 after purchasing an additional 188 shares in the last quarter. Institutional investors own 61.80% of the company's stock.

Exxon Mobil Trading Up 0.4%

Shares of NYSE:XOM traded up $0.45 during trading on Tuesday, reaching $103.48. The company's stock had a trading volume of 13,011,033 shares, compared to its average volume of 15,545,595. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $445.96 billion, a PE ratio of 13.20, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. Exxon Mobil Co. has a 12 month low of $97.80 and a 12 month high of $126.34. The firm's 50 day simple moving average is $108.01 and its two-hundred day simple moving average is $110.13.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, topping analysts' consensus estimates of $1.73 by $0.03. The business had revenue of $83.13 billion for the quarter, compared to analyst estimates of $86.11 billion. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. The company's quarterly revenue was up .1% compared to the same quarter last year. During the same period last year, the company posted $2.06 earnings per share. On average, research analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Thursday, May 15th will be issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.83%. The ex-dividend date of this dividend is Thursday, May 15th. Exxon Mobil's payout ratio is 52.52%.

Analyst Upgrades and Downgrades

XOM has been the topic of several recent research reports. UBS Group cut their price objective on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating on the stock in a report on Monday, April 14th. The Goldman Sachs Group cut their price objective on Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. Scotiabank cut their price objective on Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating on the stock in a report on Friday, April 11th. HSBC lowered their target price on Exxon Mobil from $125.00 to $123.00 and set a "hold" rating for the company in a research report on Friday, January 31st. Finally, Wells Fargo & Company lowered their target price on Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating for the company in a research report on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $125.50.

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.