Fusion Family Wealth LLC lifted its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 0.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 7,871 shares of the oil and gas company’s stock after buying an additional 1 shares during the period. Fusion Family Wealth LLC’s holdings in Exxon Mobil were worth $635,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. State Street Corp raised its stake in Exxon Mobil by 7.9% during the first quarter. State Street Corp now owns 215,767,383 shares of the oil and gas company’s stock worth $17,695,085,000 after purchasing an additional 15,740,895 shares during the period. Legal & General Group Plc raised its stake in Exxon Mobil by 2.7% during the second quarter. Legal & General Group Plc now owns 23,191,344 shares of the oil and gas company’s stock worth $1,872,300,000 after purchasing an additional 604,537 shares during the period. Schwab Charles Investment Management Inc. raised its stake in Exxon Mobil by 7.4% during the second quarter. Schwab Charles Investment Management Inc. now owns 20,523,456 shares of the oil and gas company’s stock worth $1,656,859,000 after purchasing an additional 1,406,529 shares during the period. Sumitomo Mitsui Trust Holdings Inc. raised its stake in Exxon Mobil by 2.0% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 12,143,243 shares of the oil and gas company’s stock worth $980,324,000 after purchasing an additional 233,999 shares during the period. Finally, APG Asset Management N.V. raised its stake in Exxon Mobil by 22.7% during the second quarter. APG Asset Management N.V. now owns 11,272,171 shares of the oil and gas company’s stock worth $910,002,000 after purchasing an additional 2,088,263 shares during the period. 51.22% of the stock is currently owned by institutional investors and hedge funds.

XOM has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Exxon Mobil from a “sell” rating to a “hold” rating in a research note on Monday, August 7th. Vetr downgraded shares of Exxon Mobil from a “buy” rating to a “hold” rating and set a $79.60 price target on the stock. in a research note on Wednesday, August 9th. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a $80.00 price target (down previously from $81.00) on shares of Exxon Mobil in a research note on Friday, August 18th. Barclays set a $94.00 price target on shares of Exxon Mobil and gave the stock a “buy” rating in a research note on Monday, August 21st. Finally, Independent Research set a $84.00 price target on shares of Exxon Mobil and gave the stock a “neutral” rating in a research note on Monday, August 21st. Six investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $85.86.

In related news, VP Robert Stuart Franklin sold 22,656 shares of the firm’s stock in a transaction on 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 sale, the vice president now directly owns 231,572 shares of the company’s stock, valued at approximately $18,470,182.72. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.08% of the stock is currently owned by company insiders.

Shares of Exxon Mobil Corporation (NYSE XOM) traded up $0.17 during mid-day trading on Friday, hitting $83.46. 13,779,144 shares of the stock were exchanged, compared to its average volume of 8,730,253. Exxon Mobil Corporation has a fifty-two week low of $76.05 and a fifty-two week high of $93.22. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.54 and a current ratio of 0.85. The stock has a market cap of $353,628.84, a P/E ratio of 23.44, a PEG ratio of 1.75 and a beta of 0.83.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, October 27th. The oil and gas company reported $0.93 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.04. The business had revenue of $66.17 billion during the quarter, compared to analyst estimates of $63.51 billion. Exxon Mobil had a net margin of 5.14% and a return on equity of 8.21%. During the same period last year, the business earned $0.63 EPS. equities analysts forecast that Exxon Mobil Corporation will post 3.65 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Investors 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 yield of 3.69%. The ex-dividend date is Friday, November 10th. Exxon Mobil’s payout ratio is 100.33%.

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Exxon Mobil 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.

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

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