Osborne Partners Capital Management LLC cut its position in Exxon Mobil Corp. (NYSE:XOM) by 3.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 208,399 shares of the company’s stock after selling 7,380 shares during the period. Exxon Mobil Corp. comprises 2.9% of Osborne Partners Capital Management LLC’s investment portfolio, making the stock its 3rd largest position. Osborne Partners Capital Management LLC’s holdings in Exxon Mobil Corp. were worth $19,535,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Edgar Lomax Co. VA boosted its position in Exxon Mobil Corp. by 17.5% in the first quarter. Edgar Lomax Co. VA now owns 846,898 shares of the company’s stock worth $70,792,000 after buying an additional 126,050 shares during the last quarter. Gofen & Glossberg LLC IL boosted its position in Exxon Mobil Corp. by 0.3% in the second quarter. Gofen & Glossberg LLC IL now owns 615,196 shares of the company’s stock worth $57,668,000 after buying an additional 1,572 shares during the last quarter. Lodestar Investment Counsel LLC IL boosted its position in Exxon Mobil Corp. by 3.7% in the second quarter. Lodestar Investment Counsel LLC IL now owns 232,576 shares of the company’s stock worth $21,802,000 after buying an additional 8,293 shares during the last quarter. British Columbia Investment Management Corp boosted its position in Exxon Mobil Corp. by 0.5% in the second quarter. British Columbia Investment Management Corp now owns 1,918,199 shares of the company’s stock worth $179,812,000 after buying an additional 9,739 shares during the last quarter. Finally, Peddock Capital Advisors LLC boosted its position in Exxon Mobil Corp. by 16.0% in the second quarter. Peddock Capital Advisors LLC now owns 834,564 shares of the company’s stock worth $78,232,000 after buying an additional 115,015 shares during the last quarter. Hedge funds and other institutional investors own 50.42% of the company’s stock.

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

Shares of Exxon Mobil Corp. (NYSE:XOM) traded down 0.02% during trading on Friday, hitting $86.54. The company’s stock had a trading volume of 7,991,654 shares. Exxon Mobil Corp. has a one year low of $71.55 and a one year high of $95.55. The stock has a market cap of $358.85 billion, a PE ratio of 34.37 and a beta of 0.83. The company has a 50-day moving average price of $86.20 and a 200-day moving average price of $88.37.

Exxon Mobil Corp. (NYSE:XOM) last posted its earnings results on Friday, July 29th. The company reported $0.41 EPS for the quarter, missing the Zacks’ 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 firm had revenue of $57.69 billion for the quarter, compared to analyst estimates of $60.23 billion. During the same quarter last year, the firm posted $1.00 EPS. The firm’s revenue for the quarter was down 22.2% on a year-over-year basis. Equities analysts predict that Exxon Mobil Corp. will post $2.28 EPS for the current fiscal year.

A number of brokerages have weighed in on XOM. HSBC set a $83.50 target price on Exxon Mobil Corp. and gave the company a “neutral” rating in a research report on Tuesday, August 2nd. Zacks Investment Research raised Exxon Mobil Corp. from a “hold” rating to a “buy” rating and set a $105.00 target price for the company in a research report on Tuesday, July 5th. Vetr raised Exxon Mobil Corp. from a “hold” rating to a “buy” rating and set a $90.31 target price for the company in a research report on Tuesday, September 13th. Bank of America Corp. set a $100.00 target price on Exxon Mobil Corp. and gave the company a “hold” rating in a research report on Monday, October 10th. Finally, Jefferies Group reaffirmed a “hold” rating on shares of Exxon Mobil Corp. in a research report on Sunday, July 10th. Eight research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $87.77.

In other news, VP Robert Stuart Franklin sold 13,855 shares of Exxon Mobil Corp. 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 $18,751,600.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.14% of the company’s stock.

Exxon Mobil Corp. Company Profile

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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