Weaver C. Barksdale & Associates Inc. held its position in Exxon Mobil Corporation (NYSE:XOM) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,316 shares of the oil and gas company’s stock at the end of the 2nd quarter. Exxon Mobil Corporation accounts for approximately 1.6% of Weaver C. Barksdale & Associates Inc.’s investment portfolio, making the stock its 26th largest position. Weaver C. Barksdale & Associates Inc.’s holdings in Exxon Mobil Corporation were worth $1,398,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Horan Securities Inc. acquired a new stake in shares of Exxon Mobil Corporation during the first quarter valued at approximately $102,000. Watermark Asset Management Inc. acquired a new stake in shares of Exxon Mobil Corporation during the first quarter valued at approximately $136,000. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its holdings in shares of Exxon Mobil Corporation by 13.5% during the first quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,850 shares of the oil and gas company’s stock valued at $152,000 after acquiring an additional 220 shares during the period. Diversified Portfolios Inc. acquired a new stake in shares of Exxon Mobil Corporation during the first quarter valued at approximately $224,000. Finally, Colorado Capital Management Inc. acquired a new stake in shares of Exxon Mobil Corporation during the first quarter valued at approximately $235,000. Institutional investors and hedge funds own 50.74% of the company’s stock.

In other Exxon Mobil Corporation news, Director Steven Reinemund sold 1,100 shares of Exxon Mobil Corporation stock in a transaction on Friday, August 4th. The shares were sold at an average price of $80.23, for a total transaction of $88,253.00. Following the completion of the transaction, the director now directly owns 43,125 shares of the company’s stock, valued at $3,459,918.75. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Robert Stuart Franklin sold 22,656 shares of Exxon Mobil Corporation stock in a transaction on Monday, September 18th. The stock was sold at an average price of $79.76, for a total transaction of $1,807,042.56. Following the transaction, the vice president now directly owns 231,572 shares of the company’s stock, valued at $18,470,182.72. The disclosure for this sale can be found here. Insiders own 0.08% of the company’s stock.

Exxon Mobil Corporation (XOM) traded up 0.33% during trading on Monday, reaching $81.98. 2,707,069 shares of the company traded hands. The company’s 50-day moving average is $79.17 and its 200 day moving average is $80.74. The company has a market cap of $347.36 billion, a PE ratio of 29.55 and a beta of 0.82. Exxon Mobil Corporation has a 12 month low of $76.05 and a 12 month high of $93.21.

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

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 11th. Shareholders of record on Monday, August 14th were given a dividend of $0.77 per share. The ex-dividend date of this dividend was Thursday, August 10th. This represents a $3.08 dividend on an annualized basis and a yield of 3.76%. Exxon Mobil Corporation’s dividend payout ratio (DPR) is 111.19%.

A number of equities research analysts have recently issued reports on the stock. Vetr lowered shares of Exxon Mobil Corporation from a “buy” rating to a “hold” rating and set a $85.17 price target on the stock. in a report on Friday. Royal Bank Of Canada set a $90.00 price target on shares of Exxon Mobil Corporation and gave the company a “hold” rating in a report on Tuesday, August 29th. Societe Generale set a $95.00 price target on shares of Exxon Mobil Corporation and gave the company a “buy” rating in a report on Monday, September 18th. J P Morgan Chase & Co restated a “neutral” rating and set a $80.00 price target (down previously from $81.00) on shares of Exxon Mobil Corporation in a report on Friday, August 18th. Finally, Independent Research GmbH set a $84.00 price target on shares of Exxon Mobil Corporation and gave the company a “neutral” rating in a report on Monday, August 21st. Seven equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $84.75.

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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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