Harbour Capital Advisors LLC purchased a new position in shares of Exxon Mobil Corporation (NYSE:XOM) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 46,027 shares of the oil and gas company’s stock, valued at approximately $3,775,000. Exxon Mobil Corporation makes up 1.7% of Harbour Capital Advisors LLC’s portfolio, making the stock its 6th biggest position.

Several other institutional investors and hedge funds have also modified their holdings of XOM. State Street Corp grew its stake in shares of Exxon Mobil Corporation by 7.9% in the first quarter. State Street Corp now owns 215,767,383 shares of the oil and gas company’s stock valued at $17,695,085,000 after buying an additional 15,740,895 shares in the last quarter. Pioneer Investment Management Inc. grew its stake in shares of Exxon Mobil Corporation by 142.4% in the first quarter. Pioneer Investment Management Inc. now owns 2,219,877 shares of the oil and gas company’s stock valued at $182,052,000 after buying an additional 1,304,036 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in shares of Exxon Mobil Corporation by 6.4% in the first quarter. Schwab Charles Investment Management Inc. now owns 19,116,927 shares of the oil and gas company’s stock valued at $1,567,780,000 after buying an additional 1,150,881 shares in the last quarter. State of Tennessee Treasury Department grew its stake in shares of Exxon Mobil Corporation by 28.5% in the first quarter. State of Tennessee Treasury Department now owns 3,214,501 shares of the oil and gas company’s stock valued at $263,621,000 after buying an additional 712,959 shares in the last quarter. Finally, Teachers Advisors LLC grew its stake in shares of Exxon Mobil Corporation by 6.9% in the fourth quarter. Teachers Advisors LLC now owns 7,259,876 shares of the oil and gas company’s stock valued at $655,276,000 after buying an additional 471,230 shares in the last quarter. 50.82% of the stock is owned by institutional investors.

Exxon Mobil Corporation (XOM) traded up 0.15% on Tuesday, reaching $79.37. The company had a trading volume of 3,367,773 shares. Exxon Mobil Corporation has a 12-month low of $76.05 and a 12-month high of $93.21. The stock’s 50-day moving average price is $78.39 and its 200-day moving average price is $80.88. The stock has a market capitalization of $336.30 billion, a P/E ratio of 28.61 and a beta of 0.82.

Exxon Mobil Corporation (NYSE:XOM) last issued its quarterly earnings data on Friday, July 28th. The oil and gas company reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.05). The company had revenue of $62.88 billion for the quarter, compared to analysts’ expectations of $61.35 billion. Exxon Mobil Corporation had a return on equity of 7.62% and a net margin of 4.75%. The business’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period last year, the company posted $0.41 EPS. On average, equities research analysts anticipate that Exxon Mobil Corporation will post $3.43 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 11th. Investors of record on Monday, August 14th were issued a dividend of $0.77 per share. The ex-dividend date was Thursday, August 10th. This represents a $3.08 dividend on an annualized basis and a yield of 3.89%. Exxon Mobil Corporation’s dividend payout ratio (DPR) is 111.19%.

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In related news, Director Steven Reinemund sold 1,100 shares of the stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $80.23, for a total transaction of $88,253.00. Following the sale, the director now owns 43,125 shares of the company’s stock, valued at approximately $3,459,918.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.08% of the company’s stock.

Several equities analysts recently weighed in on the stock. Scotiabank set a $86.00 target price on shares of Exxon Mobil Corporation and gave the company a “buy” rating in a research note on Saturday, June 17th. Jefferies Group LLC reissued a “hold” rating and issued a $86.00 target price on shares of Exxon Mobil Corporation in a research note on Wednesday, May 17th. BMO Capital Markets raised their target price on shares of Exxon Mobil Corporation from $76.00 to $80.00 and gave the company a “market perform” rating in a research note on Wednesday, June 21st. Royal Bank Of Canada reissued a “buy” rating and issued a $96.00 target price on shares of Exxon Mobil Corporation in a research note on Thursday, June 15th. Finally, Vetr cut shares of Exxon Mobil Corporation from a “strong-buy” rating to a “buy” rating and set a $89.82 target price for the company. in a research note on Tuesday, July 4th. Seven research analysts have rated the stock with a sell rating, sixteen have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Exxon Mobil Corporation currently has an average rating of “Hold” and an average target price of $84.44.

Exxon Mobil Corporation 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.

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

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