Vigilant Capital Management LLC grew its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 10.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 118,023 shares of the oil and gas company’s stock after acquiring an additional 11,505 shares during the quarter. Exxon Mobil Corporation comprises 1.6% of Vigilant Capital Management LLC’s holdings, making the stock its 27th largest holding. Vigilant Capital Management LLC’s holdings in Exxon Mobil Corporation were worth $9,528,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CNA Financial Corp increased its holdings in shares of Exxon Mobil Corporation by 23.1% during the first quarter. CNA Financial Corp now owns 19,875 shares of the oil and gas company’s stock valued at $1,630,000 after acquiring an additional 3,725 shares in the last quarter. Two Sigma Securities LLC bought a new stake in shares of Exxon Mobil Corporation during the first quarter valued at approximately $754,000. Holderness Investments Co. increased its holdings in shares of Exxon Mobil Corporation by 48.1% during the first quarter. Holderness Investments Co. now owns 48,307 shares of the oil and gas company’s stock valued at $3,962,000 after acquiring an additional 15,687 shares in the last quarter. Pinnacle Advisory Group Inc. increased its holdings in shares of Exxon Mobil Corporation by 4.6% during the first quarter. Pinnacle Advisory Group Inc. now owns 20,403 shares of the oil and gas company’s stock valued at $1,673,000 after acquiring an additional 891 shares in the last quarter. Finally, Strategic Financial Group LLC increased its holdings in shares of Exxon Mobil Corporation by 21.9% during the first quarter. Strategic Financial Group LLC now owns 9,907 shares of the oil and gas company’s stock valued at $812,000 after acquiring an additional 1,778 shares in the last quarter. Hedge funds and other institutional investors own 50.73% of the company’s stock.

In related news, Director Steven Reinemund sold 1,100 shares of Exxon Mobil Corporation stock in a transaction on Friday, August 4th. The stock was sold at an average price of $80.23, for a total value of $88,253.00. Following the completion of the sale, the director now owns 43,125 shares of the company’s stock, valued at $3,459,918.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 value of $1,807,042.56. Following the completion of the sale, the vice president now directly owns 231,572 shares of the company’s stock, valued at approximately $18,470,182.72. The disclosure for this sale can be found here. Insiders own 0.08% of the company’s stock.

Several equities research analysts have recently commented on XOM shares. BMO Capital Markets boosted their price objective on Exxon Mobil Corporation from $76.00 to $80.00 and gave the company a “market perform” rating in a report on Wednesday, June 21st. Jefferies Group LLC restated a “hold” rating and set a $86.00 price objective on shares of Exxon Mobil Corporation in a report on Friday, June 23rd. Vetr upgraded Exxon Mobil Corporation from a “buy” rating to a “strong-buy” rating and set a $90.68 price objective for the company in a report on Thursday, June 29th. BNP Paribas restated a “sell” rating and set a $70.00 price objective on shares of Exxon Mobil Corporation in a report on Wednesday, July 5th. Finally, Royal Bank Of Canada downgraded Exxon Mobil Corporation from an “outperform” rating to a “sector perform” rating and decreased their price objective for the company from $96.00 to $95.00 in a report on Thursday, July 6th. Six investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. Exxon Mobil Corporation currently has an average rating of “Hold” and an average price target of $84.94.

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Shares of Exxon Mobil Corporation (XOM) traded up 0.46% on Monday, hitting $82.79. The stock had a trading volume of 2,387,907 shares. The stock has a market cap of $350.79 billion, a PE ratio of 29.84 and a beta of 0.82. Exxon Mobil Corporation has a 12 month low of $76.05 and a 12 month high of $93.22. The stock has a 50 day moving average of $80.09 and a 200-day moving average of $80.75.

Exxon Mobil Corporation (NYSE:XOM) last issued its quarterly earnings data on Friday, July 28th. The oil and gas company reported $0.78 EPS for the quarter, missing the Thomson Reuters’ 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 firm had revenue of $62.88 billion during the quarter, compared to the consensus estimate of $61.35 billion. During the same period in the previous year, the firm earned $0.41 EPS. The business’s revenue was up 9.0% on a year-over-year basis. Equities research analysts anticipate that Exxon Mobil Corporation will post $3.44 EPS for the current year.

About Exxon Mobil Corporation

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 Corporation (NYSE:XOM)

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