Villere ST Denis J & Co. LLC Has $1.28 Million Holdings in Exxon Mobil Co. (XOM)

Villere ST Denis J & Co. LLC raised its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 68.2% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 15,581 shares of the oil and gas company’s stock after purchasing an additional 6,317 shares during the period. Villere ST Denis J & Co. LLC’s holdings in Exxon Mobil were worth $1,277,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of Exxon Mobil by 3.5% in the 2nd quarter. Vanguard Group Inc. now owns 309,411,379 shares of the oil and gas company’s stock worth $24,978,780,000 after buying an additional 10,366,636 shares during the last quarter. First Eagle Investment Management LLC boosted its stake in shares of Exxon Mobil by 136,463.4% in the 2nd quarter. First Eagle Investment Management LLC now owns 7,139,533 shares of the oil and gas company’s stock worth $576,374,000 after buying an additional 7,134,305 shares during the last quarter. Harbour Capital Advisors LLC boosted its stake in shares of Exxon Mobil by 8,029.5% in the 2nd quarter. Harbour Capital Advisors LLC now owns 3,741,755 shares of the oil and gas company’s stock worth $46,349,000 after buying an additional 3,695,728 shares during the last quarter. APG Asset Management N.V. boosted its stake in shares of Exxon Mobil by 22.6% in the 3rd quarter. APG Asset Management N.V. now owns 13,818,741 shares of the oil and gas company’s stock worth $1,132,860,000 after buying an additional 2,546,570 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its stake in shares of Exxon Mobil by 365.5% in the 2nd quarter. Janus Henderson Group PLC now owns 2,658,225 shares of the oil and gas company’s stock worth $214,591,000 after buying an additional 2,087,165 shares during the last quarter. Institutional investors and hedge funds own 51.06% of the company’s stock.

Shares of Exxon Mobil Co. (NYSE XOM) opened at $87.15 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.54 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a 1-year low of $76.05 and a 1-year high of $88.21. The stock has a market cap of $370,450.19, a price-to-earnings ratio of 28.39, a price-to-earnings-growth ratio of 1.34 and a beta of 0.83.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, October 27th. The oil and gas company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. Exxon Mobil had a net margin of 5.14% and a return on equity of 8.21%. The business had revenue of $66.17 billion for the quarter, compared to analysts’ expectations of $63.51 billion. During the same quarter in the previous year, the firm posted $0.63 EPS. equities research analysts forecast that Exxon Mobil Co. will post 3.68 earnings per share for the current fiscal year.

In other Exxon Mobil news, VP Robert N. Schleckser sold 4,877 shares of the business’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $83.37, for a total transaction of $406,595.49. Following the sale, the vice president now owns 187,663 shares of the company’s stock, valued at approximately $15,645,464.31. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Neil A. Chapman sold 12,000 shares of the business’s stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $83.05, for a total transaction of $996,600.00. Following the sale, the vice president now directly owns 291,385 shares in the company, valued at approximately $24,199,524.25. The disclosure for this sale can be found here. Insiders have sold a total of 51,357 shares of company stock worth $4,273,910 in the last three months. Insiders own 0.08% of the company’s stock.

A number of equities analysts have recently weighed in on the company. Jefferies Group set a $90.00 target price on Exxon Mobil and gave the stock a “neutral” rating in a research note on Friday. HSBC set a $80.00 target price on Exxon Mobil and gave the stock a “sell” rating in a research note on Thursday. Vetr upgraded Exxon Mobil from a “sell” rating to a “hold” rating and set a $87.50 target price on the stock in a research note on Tuesday. Zacks Investment Research upgraded Exxon Mobil from a “hold” rating to a “buy” rating and set a $98.00 target price on the stock in a research note on Saturday, January 13th. Finally, Wells Fargo & Co set a $88.00 price target on shares of Exxon Mobil and gave the stock a “neutral” rating in a report on Thursday, January 11th. Seven equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $86.71.

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Exxon Mobil Company Profile

Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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