Montrusco Bolton Investments Inc. grew its position in Exxon Mobil Co. (NYSE:XOM) by 12.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 148,115 shares of the oil and gas company’s stock after purchasing an additional 16,411 shares during the period. Montrusco Bolton Investments Inc.’s holdings in Exxon Mobil were worth $12,121,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Stonebridge Capital Management Inc. increased its holdings in Exxon Mobil by 4.5% during the first quarter. Stonebridge Capital Management Inc. now owns 108,534 shares of the oil and gas company’s stock worth $8,901,000 after buying an additional 4,648 shares during the last quarter. Hennessy Advisors Inc. increased its holdings in Exxon Mobil by 28.0% during the first quarter. Hennessy Advisors Inc. now owns 138,160 shares of the oil and gas company’s stock worth $11,331,000 after buying an additional 30,260 shares during the last quarter. Wedgewood Investors Inc. PA increased its holdings in Exxon Mobil by 0.4% during the first quarter. Wedgewood Investors Inc. PA now owns 24,147 shares of the oil and gas company’s stock worth $1,980,000 after buying an additional 100 shares during the last quarter. Robinson Value Management Ltd. increased its holdings in Exxon Mobil by 1.2% during the first quarter. Robinson Value Management Ltd. now owns 18,783 shares of the oil and gas company’s stock worth $1,540,000 after buying an additional 231 shares during the last quarter. Finally, Bank of Stockton increased its holdings in Exxon Mobil by 2.7% during the first quarter. Bank of Stockton now owns 11,445 shares of the oil and gas company’s stock worth $938,000 after buying an additional 299 shares during the last quarter. Institutional investors own 51.05% of the company’s stock.

Exxon Mobil Co. (NYSE XOM) opened at $82.87 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.85 and a quick ratio of 0.54. Exxon Mobil Co. has a 1 year low of $76.05 and a 1 year high of $91.34. The company has a market cap of $351,425.59, a P/E ratio of 23.30, a PEG ratio of 1.74 and a beta of 0.83.

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

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 11th. Stockholders of record on Monday, November 13th were given a $0.77 dividend. The ex-dividend date of this dividend was Friday, November 10th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 3.72%. Exxon Mobil’s dividend payout ratio (DPR) is currently 100.33%.

In other news, VP Neil A. Chapman sold 12,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $83.05, for a total value of $996,600.00. Following the completion of the transaction, the vice president now directly owns 291,385 shares in the company, valued at $24,199,524.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Robert N. Schleckser sold 5,601 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $83.93, for a total transaction of $470,091.93. Following the completion of the transaction, the vice president now owns 187,663 shares of the company’s stock, valued at $15,750,555.59. The disclosure for this sale can be found here. Insiders sold 51,357 shares of company stock valued at $4,273,910 over the last 90 days. 0.08% of the stock is owned by company insiders.

A number of research firms recently issued reports on XOM. downgraded shares of Exxon Mobil from a “hold” rating to a “reduce” rating and decreased their price objective for the stock from $83.60 to $77.00 in a report on Tuesday, November 7th. Goldman Sachs Group set a $86.00 price objective on shares of Exxon Mobil and gave the stock a “neutral” rating in a report on Tuesday, November 7th. Wells Fargo & Company set a $84.00 price objective on shares of Exxon Mobil and gave the stock a “neutral” rating in a report on Monday, October 30th. TheStreet upgraded shares of Exxon Mobil from a “c” rating to a “b-” rating in a report on Friday, October 27th. Finally, UBS set a $83.00 price objective on shares of Exxon Mobil and gave the stock a “neutral” rating in a report on Monday, December 4th. Six analysts have rated the stock with a sell rating, fourteen have given a hold rating, eight have given a buy rating and two have given a strong buy rating to the company’s stock. Exxon Mobil currently has an average rating of “Hold” and an average target price of $86.36.

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Exxon Mobil Company 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 (NYSE:XOM)

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