St. Louis Trust Co increased its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 0.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,794 shares of the oil and gas company’s stock after buying an additional 26 shares during the period. Exxon Mobil Corporation accounts for about 0.9% of St. Louis Trust Co’s holdings, making the stock its 17th largest position. St. Louis Trust Co’s holdings in Exxon Mobil Corporation were worth $2,116,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. Sumitomo Mitsui Trust Holdings Inc. raised its stake in Exxon Mobil Corporation by 0.4% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 11,909,244 shares of the oil and gas company’s stock worth $976,677,000 after buying an additional 51,810 shares during the last quarter. Syntal Capital Partners LLC raised its stake in Exxon Mobil Corporation by 5.3% in the first quarter. Syntal Capital Partners LLC now owns 34,881 shares of the oil and gas company’s stock worth $2,860,000 after buying an additional 1,764 shares during the last quarter. Tyers Asset Management LLC raised its stake in Exxon Mobil Corporation by 29.4% in the first quarter. Tyers Asset Management LLC now owns 174,112 shares of the oil and gas company’s stock worth $14,279,000 after buying an additional 39,568 shares during the last quarter. Welch Group LLC raised its stake in Exxon Mobil Corporation by 4.2% in the first quarter. Welch Group LLC now owns 200,026 shares of the oil and gas company’s stock worth $16,404,000 after buying an additional 8,049 shares during the last quarter. Finally, GFS Advisors LLC raised its stake in Exxon Mobil Corporation by 697.5% in the first quarter. GFS Advisors LLC now owns 86,066 shares of the oil and gas company’s stock worth $7,058,000 after buying an additional 75,274 shares during the last quarter. 50.81% of the stock is currently owned by institutional investors and hedge funds.

Shares of Exxon Mobil Corporation (XOM) traded down 0.41% during midday trading on Tuesday, hitting $76.16. The stock had a trading volume of 1,208,518 shares. Exxon Mobil Corporation has a 52 week low of $76.05 and a 52 week high of $93.21. The stock has a market capitalization of $322.70 billion, a price-to-earnings ratio of 27.45 and a beta of 0.81. The stock has a 50 day moving average price of $79.36 and a 200-day moving average price of $81.22.

Exxon Mobil Corporation (NYSE:XOM) last issued its quarterly earnings data on Friday, July 28th. The oil and gas company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.83 by $0.05. Exxon Mobil Corporation had a return on equity of 7.62% and a net margin of 4.75%. The business had revenue of $62.88 billion during the quarter, compared to the consensus estimate of $61.35 billion. During the same period in the prior year, the firm earned $0.41 EPS. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. Equities research analysts anticipate that Exxon Mobil Corporation will post $3.43 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 11th. Investors of record on Monday, August 14th will be paid a $0.77 dividend. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $3.08 annualized dividend and a dividend yield of 4.03%. Exxon Mobil Corporation’s dividend payout ratio is 111.19%.

WARNING: “St. Louis Trust Co Has $2.12 Million Position in Exxon Mobil Corporation (XOM)” was posted by Watch List News and is owned by of Watch List News. If you are reading this piece on another site, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this piece can be viewed at https://www.watchlistnews.com/st-louis-trust-co-has-2-12-million-position-in-exxon-mobil-corporation-xom/1529837.html.

A number of analysts have issued reports on the company. Jefferies Group LLC set a $81.00 price target on Exxon Mobil Corporation and gave the stock a “neutral” rating in a research note on Tuesday. Royal Bank Of Canada set a $90.00 price target on Exxon Mobil Corporation and gave the stock a “hold” rating in a research note on Tuesday. Vetr raised Exxon Mobil Corporation from a “hold” rating to a “buy” rating and set a $79.60 price target on the stock in a research note on Tuesday. Piper Jaffray Companies set a $76.00 price target on Exxon Mobil Corporation and gave the stock a “hold” rating in a research note on Friday. Finally, UBS AG reissued an “underweight” rating on shares of Exxon Mobil Corporation in a research note on Thursday, August 24th. Eight research analysts have rated the stock with a sell rating, sixteen have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. Exxon Mobil Corporation currently has an average rating of “Hold” and a consensus target price of $84.37.

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

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.

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

Receive News & Ratings for Exxon Mobil Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.