Arlington Financial Advisors LLC lowered its position in shares of Exxon Mobil Co. (NYSE:XOM) by 1.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 30,410 shares of the oil and gas company’s stock after selling 300 shares during the quarter. Arlington Financial Advisors LLC’s holdings in Exxon Mobil were worth $2,074,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in XOM. Vanguard Group Inc. raised its holdings in Exxon Mobil by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 329,558,203 shares of the oil and gas company’s stock worth $28,019,038,000 after purchasing an additional 3,269,684 shares in the last quarter. Vanguard Group Inc increased its stake in shares of Exxon Mobil by 1.0% in the 3rd quarter. Vanguard Group Inc now owns 329,558,203 shares of the oil and gas company’s stock worth $28,019,038,000 after acquiring an additional 3,269,684 shares in the last quarter. Morgan Stanley increased its stake in shares of Exxon Mobil by 19.6% in the 3rd quarter. Morgan Stanley now owns 22,022,731 shares of the oil and gas company’s stock worth $1,872,372,000 after acquiring an additional 3,614,568 shares in the last quarter. Legal & General Group Plc increased its stake in shares of Exxon Mobil by 1.1% in the 3rd quarter. Legal & General Group Plc now owns 20,342,056 shares of the oil and gas company’s stock worth $1,729,678,000 after acquiring an additional 216,323 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its stake in shares of Exxon Mobil by 2.1% in the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 14,020,654 shares of the oil and gas company’s stock worth $1,192,036,000 after acquiring an additional 284,946 shares in the last quarter. 54.53% of the stock is owned by institutional investors and hedge funds.

Several brokerages recently issued reports on XOM. Tudor Pickering began coverage on shares of Exxon Mobil in a research note on Monday. They issued a “hold” rating and a $82.49 price target for the company. Wells Fargo & Co increased their price target on shares of Exxon Mobil from $76.00 to $80.00 and gave the stock a “market perform” rating in a research note on Wednesday, April 3rd. Morgan Stanley began coverage on shares of Exxon Mobil in a research note on Monday, April 1st. They issued an “equal weight” rating and a $84.00 price target for the company. Bank of America set a $105.00 price target on shares of Exxon Mobil and gave the stock a “buy” rating in a research note on Thursday, March 7th. Finally, Mizuho set a $84.00 price target on shares of Exxon Mobil and gave the stock a “hold” rating in a research note on Thursday, March 7th. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eight have issued a buy rating to the company. Exxon Mobil has an average rating of “Hold” and a consensus price target of $84.71.

NYSE:XOM opened at $81.56 on Thursday. The stock has a market cap of $347.18 billion, a price-to-earnings ratio of 16.54, a PEG ratio of 1.47 and a beta of 0.92. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.84 and a quick ratio of 0.51. Exxon Mobil Co. has a fifty-two week low of $64.65 and a fifty-two week high of $87.36.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, February 1st. The oil and gas company reported $1.51 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.43. The business had revenue of $71.90 billion during the quarter, compared to analyst estimates of $78.87 billion. Exxon Mobil had a net margin of 7.18% and a return on equity of 10.84%. Exxon Mobil’s revenue was up 8.1% compared to the same quarter last year. During the same period last year, the business earned $0.88 EPS. Equities research analysts expect that Exxon Mobil Co. will post 4.02 earnings per share for the current year.

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Exxon Mobil Company Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.

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

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