Regentatlantic Capital LLC decreased its position in shares of Exxon Mobil Corp. (NYSE:XOM) by 1.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 179,940 shares of the company’s stock after selling 2,696 shares during the period. Exxon Mobil Corp. makes up 1.6% of Regentatlantic Capital LLC’s investment portfolio, making the stock its 7th largest position. Regentatlantic Capital LLC’s holdings in Exxon Mobil Corp. were worth $16,868,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Spirit of America Management Corp NY increased its stake in shares of Exxon Mobil Corp. by 280.6% in the first quarter. Spirit of America Management Corp NY now owns 58,225 shares of the company’s stock worth $4,867,000 after buying an additional 42,925 shares during the period. Campbell Newman Asset Management Inc. increased its stake in shares of Exxon Mobil Corp. by 72.1% in the first quarter. Campbell Newman Asset Management Inc. now owns 207,658 shares of the company’s stock worth $17,358,000 after buying an additional 86,984 shares during the period. Berkshire Asset Management LLC PA increased its stake in shares of Exxon Mobil Corp. by 75.4% in the first quarter. Berkshire Asset Management LLC PA now owns 144,620 shares of the company’s stock worth $12,089,000 after buying an additional 62,163 shares during the period. Brookstone Capital Management increased its stake in shares of Exxon Mobil Corp. by 11.8% in the first quarter. Brookstone Capital Management now owns 29,934 shares of the company’s stock worth $2,504,000 after buying an additional 3,150 shares during the period. Finally, Acadian Asset Management LLC increased its stake in shares of Exxon Mobil Corp. by 66.3% in the first quarter. Acadian Asset Management LLC now owns 74,002 shares of the company’s stock worth $6,187,000 after buying an additional 29,512 shares during the period. Institutional investors and hedge funds own 50.42% of the company’s stock.

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

Exxon Mobil Corp. (NYSE:XOM) traded down 0.34% during trading on Friday, hitting $86.74. The company’s stock had a trading volume of 6,614,908 shares. Exxon Mobil Corp. has a one year low of $71.55 and a one year high of $95.55. The company has a 50-day moving average of $86.27 and a 200 day moving average of $88.28. The firm has a market cap of $359.68 billion, a PE ratio of 34.45 and a beta of 0.83.

Exxon Mobil Corp. (NYSE:XOM) last issued its quarterly earnings results on Friday, July 29th. The company reported $0.41 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.64 by $0.23. Exxon Mobil Corp. had a return on equity of 5.94% and a net margin of 4.51%. The company had revenue of $57.69 billion for the quarter, compared to analysts’ expectations of $60.23 billion. During the same quarter last year, the company earned $1.00 EPS. Exxon Mobil Corp.’s revenue for the quarter was down 22.2% compared to the same quarter last year. On average, equities analysts forecast that Exxon Mobil Corp. will post $2.28 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 9th. Shareholders of record on Friday, August 12th were issued a dividend of $0.75 per share. The ex-dividend date was Wednesday, August 10th. This represents a $3.00 annualized dividend and a yield of 3.46%. Exxon Mobil Corp.’s dividend payout ratio (DPR) is 119.05%.

A number of brokerages have issued reports on XOM. HSBC set a $88.50 price objective on Exxon Mobil Corp. and gave the company a “neutral” rating in a research report on Wednesday, July 13th. Barclays PLC set a $102.00 price objective on Exxon Mobil Corp. and gave the company a “neutral” rating in a research report on Wednesday, July 13th. Goldman Sachs Group Inc. set a $102.00 price target on Exxon Mobil Corp. and gave the stock a “buy” rating in a report on Thursday, July 14th. Zacks Investment Research upgraded Exxon Mobil Corp. from a “hold” rating to a “buy” rating and set a $105.00 price target on the stock in a report on Tuesday, July 5th. Finally, JPMorgan Chase & Co. set a $95.00 price target on Exxon Mobil Corp. and gave the stock a “neutral” rating in a report on Monday, July 11th. Six research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $87.68.

In other Exxon Mobil Corp. news, VP Robert Stuart Franklin sold 13,855 shares of the company’s stock in a transaction dated Wednesday, August 24th. The stock was sold at an average price of $87.93, for a total transaction of $1,218,270.15. Following the sale, the vice president now owns 213,256 shares in the company, valued at approximately $18,751,600.08. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.14% of the company’s stock.

About Exxon Mobil Corp.

Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas, manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. The Company also manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and various specialty products.

5 Day Chart for NYSE:XOM

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