Hudson Value Partners LLC Has $619,000 Holdings in Exxon Mobil Co. (NYSE:XOM)

Hudson Value Partners LLC raised its holdings in Exxon Mobil Co. (NYSE:XOM) by 22.1% in the fourth quarter, Holdings Channel reports. The fund owned 6,195 shares of the oil and gas company’s stock after acquiring an additional 1,120 shares during the period. Hudson Value Partners LLC’s holdings in Exxon Mobil were worth $619,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Partnership Wealth Management LLC acquired a new stake in Exxon Mobil during the 4th quarter worth approximately $46,000. Keener Financial Planning LLC bought a new position in Exxon Mobil during the 4th quarter worth about $80,000. Orion Capital Management LLC acquired a new stake in shares of Exxon Mobil in the 3rd quarter valued at about $91,000. Authentikos Wealth Advisory LLC bought a new stake in shares of Exxon Mobil in the third quarter valued at about $92,000. Finally, Sumitomo Mitsui Financial Group Inc. boosted its position in shares of Exxon Mobil by 851.6% during the third quarter. Sumitomo Mitsui Financial Group Inc. now owns 885 shares of the oil and gas company’s stock worth $106,000 after buying an additional 792 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the sale, the vice president now directly owns 25,363 shares in the company, valued at $3,018,450.63. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.03% of the stock is owned by company insiders.

Exxon Mobil Stock Performance

Shares of NYSE XOM traded down $0.09 during midday trading on Friday, hitting $113.42. 12,212,949 shares of the company’s stock were exchanged, compared to its average volume of 19,893,740. The company has a quick ratio of 1.06, a current ratio of 1.38 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $447.22 billion, a PE ratio of 13.90, a price-to-earnings-growth ratio of 3.95 and a beta of 0.96. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $123.75. The company’s 50 day moving average price is $117.68 and its 200 day moving average price is $107.88.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.19 by ($0.13). Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The business had revenue of $83.08 billion for the quarter, compared to analyst estimates of $79.69 billion. During the same period in the prior year, the business earned $2.83 EPS. The company’s revenue for the quarter was down 4.0% compared to the same quarter last year. As a group, analysts predict that Exxon Mobil Co. will post 9.57 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Wednesday, May 15th will be issued a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.35%. The ex-dividend date of this dividend is Tuesday, May 14th. Exxon Mobil’s payout ratio is 46.57%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. TD Cowen boosted their target price on Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a research note on Tuesday, April 30th. UBS Group boosted their price objective on shares of Exxon Mobil from $150.00 to $152.00 and gave the stock a “buy” rating in a research report on Tuesday, May 7th. HSBC raised their target price on shares of Exxon Mobil from $111.00 to $120.00 and gave the company a “hold” rating in a research report on Tuesday, April 30th. Scotiabank boosted their price target on shares of Exxon Mobil from $114.00 to $129.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 11th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $120.00 price objective on shares of Exxon Mobil in a report on Monday, February 5th. Eight investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $135.00.

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.