Ramsay Stattman Vela & Price Inc. raised its position in Exxon Mobil Co. (NYSE:XOM) by 2.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,260 shares of the oil and gas company’s stock after purchasing an additional 1,481 shares during the quarter. Exxon Mobil accounts for approximately 2.1% of Ramsay Stattman Vela & Price Inc.’s portfolio, making the stock its 28th largest holding. Ramsay Stattman Vela & Price Inc.’s holdings in Exxon Mobil were worth $4,940,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. CWH Capital Management Inc. purchased a new stake in shares of Exxon Mobil during the 2nd quarter valued at about $114,000. Horan Securities Inc. increased its holdings in Exxon Mobil 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 during the last quarter. Acrospire Investment Management LLC increased its holdings in Exxon Mobil by 172.7% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,737 shares of the oil and gas company’s stock worth $140,000 after purchasing an additional 1,100 shares during the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its holdings in Exxon Mobil by 2.7% during the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,900 shares of the oil and gas company’s stock worth $153,000 after purchasing an additional 50 shares during the last quarter. Finally, Saratoga Research & Investment Management purchased a new stake in Exxon Mobil during the 3rd quarter worth approximately $172,000. Institutional investors own 51.06% of the company’s stock.

In related news, VP Bradley W. Corson sold 19,500 shares of the business’s stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $83.01, for a total transaction of $1,618,695.00. Following the completion of the transaction, the vice president now owns 229,774 shares in the company, valued at approximately $19,073,539.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Robert N. Schleckser sold 4,877 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $83.37, for a total value of $406,595.49. Following the transaction, the vice president now owns 187,663 shares of the company’s stock, valued at approximately $15,645,464.31. The disclosure for this sale can be found here. In the last quarter, insiders sold 51,357 shares of company stock valued at $4,273,910. Insiders own 0.08% of the company’s stock.

Several equities research analysts have issued reports on XOM shares. Wells Fargo & Co set a $88.00 price objective on Exxon Mobil and gave the stock a “neutral” rating in a report on Thursday, January 11th. Vetr downgraded Exxon Mobil from a “buy” rating to a “hold” rating and set a $85.17 price objective on the stock. in a report on Friday, October 6th. Zacks Investment Research upgraded Exxon Mobil from a “hold” rating to a “buy” rating and set a $98.00 price objective on the stock in a report on Saturday. Royal Bank of Canada restated a “sector perform” rating on shares of Exxon Mobil in a report on Friday, November 24th. Finally, Morgan Stanley restated an “underperform” rating on shares of Exxon Mobil in a report on Thursday, October 19th. Six research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $86.78.

Exxon Mobil Co. (NYSE:XOM) opened at $86.97 on Wednesday. The company has a market capitalization of $368,500.00, a P/E ratio of 28.33, a PEG ratio of 1.37 and a beta of 0.82. 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 12-month low of $76.05 and a 12-month high of $87.99.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, October 27th. The oil and gas company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.89 by $0.04. The company had revenue of $66.17 billion during the quarter, compared to analyst estimates of $63.51 billion. Exxon Mobil had a return on equity of 8.21% and a net margin of 5.14%. During the same quarter last year, the firm earned $0.63 EPS. research analysts expect that Exxon Mobil Co. will post 3.68 earnings per share for the current year.

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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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