Foster Dykema Cabot & Co. Inc. MA lessened its holdings in shares of Exxon Mobil Corporation (NYSE:XOM) by 9.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,321 shares of the oil and gas company’s stock after selling 1,753 shares during the period. Foster Dykema Cabot & Co. Inc. MA’s holdings in Exxon Mobil Corporation were worth $1,398,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Riggs Asset Managment Co. Inc. grew its position in shares of Exxon Mobil Corporation by 27.2% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 1,366 shares of the oil and gas company’s stock worth $110,000 after purchasing an additional 292 shares in the last quarter. Horan Securities Inc. grew its position in shares of Exxon Mobil Corporation by 20.8% during the 2nd quarter. Horan Securities Inc. now owns 1,511 shares of the oil and gas company’s stock worth $122,000 after purchasing an additional 260 shares in the last quarter. Watermark Asset Management Inc. acquired a new position in shares of Exxon Mobil Corporation during the 1st quarter worth approximately $136,000. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its position in shares of Exxon Mobil Corporation by 13.5% during the 1st quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,850 shares of the oil and gas company’s stock worth $152,000 after acquiring an additional 220 shares in the last quarter. Finally, David R. Rahn & Associates Inc. acquired a new stake in shares of Exxon Mobil Corporation during the 2nd quarter worth approximately $207,000. Hedge funds and other institutional investors own 50.76% of the company’s stock.

Several research firms recently issued reports on XOM. Vetr lowered shares of Exxon Mobil Corporation from a “strong-buy” rating to a “buy” rating and set a $90.47 price target on the stock. in a research report on Thursday. BNP Paribas set a $75.00 price target on shares of Exxon Mobil Corporation and gave the stock a “sell” rating in a research report on Wednesday, November 15th. Royal Bank Of Canada set a $90.00 price target on shares of Exxon Mobil Corporation and gave the stock a “neutral” rating in a research report on Thursday, August 3rd. Morgan Stanley set a $85.00 price target on shares of Exxon Mobil Corporation and gave the stock a “sell” rating in a research report on Tuesday, October 17th. Finally, set a $81.50 price target on shares of Exxon Mobil Corporation and gave the stock a “neutral” rating in a research report on Thursday, August 3rd. Six analysts have rated the stock with a sell rating, thirteen have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $85.78.

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Shares of Exxon Mobil Corporation (XOM) opened at $81.10 on Thursday. The company has a market cap of $343,630.00, a price-to-earnings ratio of 22.63, a price-to-earnings-growth ratio of 1.70 and a beta of 0.83. Exxon Mobil Corporation has a twelve month low of $76.05 and a twelve month high of $93.22. The company has a quick ratio of 0.54, a current ratio of 0.85 and a debt-to-equity ratio of 0.13.

Exxon Mobil Corporation (NYSE:XOM) last issued its quarterly earnings data on Friday, October 27th. The oil and gas company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. The firm had revenue of $66.17 billion during the quarter, compared to analysts’ expectations of $63.51 billion. Exxon Mobil Corporation had a net margin of 5.14% and a return on equity of 8.21%. During the same period last year, the company earned $0.63 earnings per share. equities analysts predict that Exxon Mobil Corporation will post 3.62 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Stockholders of record on Monday, November 13th will be issued a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date of this dividend is Friday, November 10th. Exxon Mobil Corporation’s dividend payout ratio is currently 100.33%.

In other news, VP Robert Stuart Franklin sold 22,656 shares of Exxon Mobil Corporation stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $79.76, for a total transaction of $1,807,042.56. Following the completion of the transaction, the vice president now directly owns 231,572 shares in the company, valued at $18,470,182.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.08% of the stock is owned by company insiders.

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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