Sepio Capital LP Has $691,000 Position in Exxon Mobil Co. (NYSE:XOM)

Sepio Capital LP lifted its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 37.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,909 shares of the oil and gas company’s stock after purchasing an additional 1,876 shares during the quarter. Sepio Capital LP’s holdings in Exxon Mobil were worth $691,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of XOM. WealthPlan Investment Management LLC raised its position in Exxon Mobil by 9,446.4% in the 3rd quarter. WealthPlan Investment Management LLC now owns 16,038 shares of the oil and gas company’s stock valued at $1,886,000 after buying an additional 15,870 shares during the last quarter. JFS Wealth Advisors LLC grew its stake in Exxon Mobil by 0.4% in the third quarter. JFS Wealth Advisors LLC now owns 31,309 shares of the oil and gas company’s stock valued at $3,681,000 after purchasing an additional 111 shares in the last quarter. Compass Ion Advisors LLC grew its stake in Exxon Mobil by 516.0% in the third quarter. Compass Ion Advisors LLC now owns 13,626 shares of the oil and gas company’s stock valued at $1,602,000 after purchasing an additional 11,414 shares in the last quarter. Advisor OS LLC grew its stake in Exxon Mobil by 8.6% in the third quarter. Advisor OS LLC now owns 16,941 shares of the oil and gas company’s stock valued at $1,992,000 after purchasing an additional 1,336 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in Exxon Mobil by 14.8% in the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 115,994 shares of the oil and gas company’s stock valued at $13,639,000 after purchasing an additional 14,974 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Performance

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

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The business had revenue of $83.08 billion during the quarter, compared to analysts’ expectations of $79.69 billion. During the same quarter last year, the business posted $2.83 EPS. The company’s quarterly revenue was down 4.0% on a year-over-year basis. As a group, equities analysts anticipate that Exxon Mobil Co. will post 9.57 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

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

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,426 shares of the firm’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $119.01, for a total value of $288,718.26. Following the sale, the vice president now directly owns 25,363 shares of the company’s stock, valued at $3,018,450.63. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

XOM has been the subject of several research analyst reports. Scotiabank lifted their target price on Exxon Mobil from $114.00 to $129.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 11th. Truist Financial lifted their price objective on Exxon Mobil from $140.00 to $146.00 and gave the company a “buy” rating in a report on Friday, April 5th. Morgan Stanley reaffirmed an “overweight” rating and issued a $145.00 price objective on shares of Exxon Mobil in a report on Wednesday, May 15th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $120.00 price objective on shares of Exxon Mobil in a report on Monday, February 5th. Finally, HSBC lifted their price objective on Exxon Mobil from $111.00 to $120.00 and gave the company a “hold” rating in a report on Tuesday, April 30th. Eight equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target 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.