Bristlecone Advisors LLC decreased its stake in Exxon Mobil Corporation (NYSE:XOM) by 0.2% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 36,866 shares of the oil and gas company’s stock after selling 89 shares during the period. Exxon Mobil Corporation comprises about 1.1% of Bristlecone Advisors LLC’s holdings, making the stock its 22nd largest position. Bristlecone Advisors LLC’s holdings in Exxon Mobil Corporation were worth $3,023,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Sandhill Capital Partners LLC boosted its position in Exxon Mobil Corporation by 6.4% in the fourth quarter. Sandhill Capital Partners LLC now owns 7,022 shares of the oil and gas company’s stock valued at $634,000 after buying an additional 421 shares during the last quarter. Managed Asset Portfolios LLC boosted its position in Exxon Mobil Corporation by 3.0% in the fourth quarter. Managed Asset Portfolios LLC now owns 105,913 shares of the oil and gas company’s stock valued at $9,560,000 after buying an additional 3,103 shares during the last quarter. Roundview Capital LLC boosted its position in Exxon Mobil Corporation by 11.1% in the fourth quarter. Roundview Capital LLC now owns 35,910 shares of the oil and gas company’s stock valued at $3,241,000 after buying an additional 3,600 shares during the last quarter. Girard Securities Inc. boosted its position in Exxon Mobil Corporation by 5.6% in the fourth quarter. Girard Securities Inc. now owns 19,269 shares of the oil and gas company’s stock valued at $1,739,000 after buying an additional 1,021 shares during the last quarter. Finally, First Republic Investment Management Inc. boosted its position in Exxon Mobil Corporation by 2.4% in the fourth quarter. First Republic Investment Management Inc. now owns 1,404,093 shares of the oil and gas company’s stock valued at $126,733,000 after buying an additional 32,755 shares during the last quarter. Hedge funds and other institutional investors own 50.77% of the company’s stock.

Exxon Mobil Corporation (NYSE XOM) traded down 0.3033% on Wednesday, reaching $77.8033. 2,014,200 shares of the company’s stock were exchanged. The firm has a market cap of $329.66 billion, a PE ratio of 28.0473 and a beta of 0.81. The firm’s 50-day moving average is $80.31 and its 200-day moving average is $81.59. Exxon Mobil Corporation has a 12 month low of $77.68 and a 12 month high of $93.22.

Exxon Mobil Corporation (NYSE:XOM) last announced its quarterly earnings data on Friday, July 28th. The oil and gas company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by $0.05. Exxon Mobil Corporation had a net margin of 4.75% and a return on equity of 7.62%. The firm had revenue of $62.88 billion during the quarter, compared to the consensus estimate of $61.35 billion. During the same period last year, the business earned $0.41 EPS. The business’s revenue was up 9.0% on a year-over-year basis. On average, equities analysts forecast that Exxon Mobil Corporation will post $3.42 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 11th. Stockholders of record on Monday, August 14th will be given a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a dividend yield of 3.95%. The ex-dividend date of this dividend is Thursday, August 10th. Exxon Mobil Corporation’s dividend payout ratio (DPR) is presently 111.19%.

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XOM has been the topic of several research analyst reports. Simmons lifted their price objective on shares of Exxon Mobil Corporation from $76.00 to $81.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 19th. Morgan Stanley reiterated a “sell” rating and set a $85.00 price objective on shares of Exxon Mobil Corporation in a research report on Monday, April 24th. UBS AG set a $77.00 price objective on shares of Exxon Mobil Corporation and gave the stock a “sell” rating in a research report on Tuesday, April 25th. Royal Bank Of Canada reiterated a “buy” rating and set a $96.00 price objective on shares of Exxon Mobil Corporation in a research report on Tuesday, April 25th. Finally, BMO Capital Markets reiterated a “hold” rating and set a $76.00 price objective on shares of Exxon Mobil Corporation in a research report on Friday, April 28th. Eight analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. Exxon Mobil Corporation has a consensus rating of “Hold” and an average target price of $84.98.

In other news, Director Steven Reinemund sold 1,100 shares of Exxon Mobil Corporation stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $80.23, for a total value of $88,253.00. Following the completion of the transaction, the director now owns 43,125 shares of the company’s stock, valued at approximately $3,459,918.75. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.08% of the company’s stock.

Exxon Mobil Corporation 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.

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

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