ST Germain D J Co. Inc. raised its position in Exxon Mobil Corporation (NYSE:XOM) by 1.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 211,799 shares of the oil and gas company’s stock after acquiring an additional 2,875 shares during the quarter. Exxon Mobil Corporation makes up approximately 2.3% of ST Germain D J Co. Inc.’s portfolio, making the stock its 12th biggest position. ST Germain D J Co. Inc.’s holdings in Exxon Mobil Corporation were worth $17,099,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in XOM. State Street Corp grew its position in shares of Exxon Mobil Corporation 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 buying an additional 15,740,895 shares in the last quarter. Harbour Capital Advisors LLC grew its position in shares of Exxon Mobil Corporation by 8,029.5% during the second quarter. Harbour Capital Advisors LLC now owns 3,741,755 shares of the oil and gas company’s stock worth $46,349,000 after buying an additional 3,695,728 shares in the last quarter. APG Asset Management N.V. grew its position in shares of Exxon Mobil Corporation 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 buying an additional 2,088,263 shares in the last quarter. Pioneer Investment Management Inc. grew its position in shares of Exxon Mobil Corporation by 142.4% during the first quarter. Pioneer Investment Management Inc. now owns 2,219,877 shares of the oil and gas company’s stock worth $182,052,000 after buying an additional 1,304,036 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. grew its position in shares of Exxon Mobil Corporation by 6.4% during the first quarter. Schwab Charles Investment Management Inc. now owns 19,116,927 shares of the oil and gas company’s stock worth $1,567,780,000 after buying an additional 1,150,881 shares in the last quarter. 50.82% of the stock is owned by institutional investors.

A number of equities analysts have recently commented on XOM shares. Vetr raised Exxon Mobil Corporation from a “hold” rating to a “buy” rating and set a $79.60 price objective for the company in a research report on Tuesday, August 29th. Wolfe Research downgraded Exxon Mobil Corporation from a “market perform” rating to an “underperform” rating in a research report on Monday, July 17th. Zacks Investment Research downgraded Exxon Mobil Corporation from a “hold” rating to a “strong sell” rating in a research report on Friday, July 14th. Societe Generale set a $95.00 price objective on Exxon Mobil Corporation and gave the stock a “buy” rating in a research report on Friday, July 14th. Finally, Piper Jaffray Companies set a $76.00 price objective on Exxon Mobil Corporation and gave the stock a “hold” rating in a research report on Friday, August 25th. Five investment analysts have rated the stock with a sell rating, fifteen have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $85.75.

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In related news, VP Robert Stuart Franklin sold 22,656 shares of the business’s stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $79.76, for a total transaction of $1,807,042.56. Following the completion of the transaction, the vice president now owns 231,572 shares in the company, valued at approximately $18,470,182.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.08% of the company’s stock.

Exxon Mobil Corporation (NYSE:XOM) last released its quarterly earnings data on Friday, October 27th. The oil and gas company reported $0.93 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.04. Exxon Mobil Corporation had a return on equity of 8.30% and a net margin of 5.14%. The business had revenue of $66.17 billion during the quarter, compared to analyst estimates of $63.51 billion. During the same quarter in the previous year, the firm posted $0.63 EPS.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Monday, November 13th will be given a dividend of $0.77 per share. The ex-dividend date is Friday, November 10th. This represents a $3.08 dividend on an annualized basis and a yield of 3.69%. Exxon Mobil Corporation’s dividend payout ratio is currently 100.33%.

About Exxon Mobil Corporation

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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