Hudson Value Partners LLC Buys 400 Shares of Exxon Mobil Co. (NYSE:XOM)

Hudson Value Partners LLC boosted its stake in Exxon Mobil Co. (NYSE:XOM) by 6.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 6,395 shares of the oil and gas company’s stock after acquiring an additional 400 shares during the period. Hudson Value Partners LLC’s holdings in Exxon Mobil were worth $688,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in XOM. Laidlaw Wealth Management LLC lifted its holdings in Exxon Mobil by 5.9% in the fourth quarter. Laidlaw Wealth Management LLC now owns 2,440 shares of the oil and gas company’s stock valued at $262,000 after buying an additional 136 shares during the period. Lyell Wealth Management LP raised its position in shares of Exxon Mobil by 12.0% in the 4th quarter. Lyell Wealth Management LP now owns 18,657 shares of the oil and gas company’s stock worth $2,007,000 after acquiring an additional 1,992 shares in the last quarter. Financial Management Network Inc. lifted its stake in shares of Exxon Mobil by 1.2% in the 4th quarter. Financial Management Network Inc. now owns 8,441 shares of the oil and gas company’s stock valued at $910,000 after purchasing an additional 97 shares during the period. Global Retirement Partners LLC lifted its stake in shares of Exxon Mobil by 3.8% in the 4th quarter. Global Retirement Partners LLC now owns 84,439 shares of the oil and gas company’s stock valued at $9,083,000 after purchasing an additional 3,115 shares during the period. Finally, Bigelow Investment Advisors LLC boosted its position in shares of Exxon Mobil by 1.0% during the 4th quarter. Bigelow Investment Advisors LLC now owns 13,727 shares of the oil and gas company’s stock valued at $1,477,000 after purchasing an additional 130 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Trading Down 1.2 %

Shares of Exxon Mobil stock opened at $110.67 on Friday. The company has a market capitalization of $486.39 billion, a P/E ratio of 14.12, a price-to-earnings-growth ratio of 2.97 and a beta of 0.89. The stock has a fifty day simple moving average of $108.60 and a 200 day simple moving average of $114.49. Exxon Mobil Co. has a 12-month low of $102.88 and a 12-month high of $126.34. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same quarter in the prior year, the business posted $2.48 earnings per share. On average, sell-side analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be paid a $0.99 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.58%. Exxon Mobil’s dividend payout ratio (DPR) is 50.51%.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,100 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the transaction, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. lowered their target price on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a report on Monday, December 16th. HSBC lowered their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research note on Friday, January 31st. Mizuho cut their target price on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. Scotiabank decreased their price target on shares of Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. Finally, Bernstein Bank upped their price objective on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a report on Friday, January 31st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $129.25.

Exxon Mobil 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.