Sender Co & Partners Inc. Makes New $2.20 Million Investment in Exxon Mobil Co. (NYSE:XOM)

Sender Co & Partners Inc. bought a new stake in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 20,401 shares of the oil and gas company's stock, valued at approximately $2,195,000. Exxon Mobil makes up 2.0% of Sender Co & Partners Inc.'s portfolio, making the stock its 14th biggest position.

Several other hedge funds and other institutional investors have also made changes to their positions in XOM. Beacon Capital Management LLC lifted its holdings in shares of Exxon Mobil by 1.1% in the fourth quarter. Beacon Capital Management LLC now owns 8,582 shares of the oil and gas company's stock worth $923,000 after acquiring an additional 93 shares during the last quarter. Lincoln Capital LLC raised its holdings in Exxon Mobil by 1.1% in the 4th quarter. Lincoln Capital LLC now owns 8,521 shares of the oil and gas company's stock valued at $917,000 after buying an additional 94 shares during the last quarter. Altus Wealth Group LLC raised its holdings in Exxon Mobil by 0.9% in the 4th quarter. Altus Wealth Group LLC now owns 10,130 shares of the oil and gas company's stock valued at $1,090,000 after buying an additional 94 shares during the last quarter. Harvest Fund Management Co. Ltd raised its holdings in Exxon Mobil by 11.4% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 918 shares of the oil and gas company's stock valued at $99,000 after buying an additional 94 shares during the last quarter. Finally, Field & Main Bank raised its holdings in Exxon Mobil by 0.4% in the 4th quarter. Field & Main Bank now owns 23,495 shares of the oil and gas company's stock valued at $2,527,000 after buying an additional 95 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Argus upgraded shares of Exxon Mobil to a "strong-buy" rating in a report on Tuesday, February 4th. Wells Fargo & Company dropped their price objective on shares of Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating for the company in a report on Monday, February 3rd. Bernstein Bank increased their target price on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. Royal Bank of Canada decreased their target price on shares of Exxon Mobil from $115.00 to $105.00 and set a "sector perform" rating for the company in a research report on Monday, May 5th. Finally, Barclays decreased their target price on shares of Exxon Mobil from $130.00 to $127.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $125.50.

Exxon Mobil Trading Down 1.7%

Shares of Exxon Mobil stock traded down $1.79 during trading on Monday, reaching $106.40. The company's stock had a trading volume of 16,792,410 shares, compared to its average volume of 15,563,397. The company has a market cap of $458.55 billion, a price-to-earnings ratio of 13.57, a PEG ratio of 3.02 and a beta of 0.51. The firm's 50-day moving average is $108.98 and its two-hundred day moving average is $110.77. Exxon Mobil Co. has a 52-week low of $97.80 and a 52-week high of $126.34. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.73 by $0.03. The firm had revenue of $83.13 billion for the quarter, compared to the consensus estimate of $86.11 billion. Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. The company's quarterly revenue was up .1% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.06 earnings per share. On average, sell-side analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Thursday, May 15th will be paid a $0.99 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $3.96 annualized dividend and a dividend yield of 3.72%. Exxon Mobil's payout ratio is presently 52.52%.

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.