Wooster Corthell Wealth Management Inc. bought a new position in Exxon Mobil Corporation (NYSE:XOM) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 4,293 shares of the oil and gas company’s stock, valued at approximately $347,000. Exxon Mobil Corporation accounts for about 0.2% of Wooster Corthell Wealth Management Inc.’s holdings, making the stock its 25th biggest holding.

Several other large investors have also added to or reduced their stakes in XOM. Gulf International Bank UK Ltd grew its position in Exxon Mobil Corporation by 2.1% during the 1st quarter. Gulf International Bank UK Ltd now owns 1,295,105 shares of the oil and gas company’s stock valued at $106,211,000 after purchasing an additional 26,500 shares during the last quarter. Union Bankshares Corp boosted its holdings in shares of Exxon Mobil Corporation by 2.1% during the 1st quarter. Union Bankshares Corp now owns 103,591 shares of the oil and gas company’s stock valued at $8,496,000 after acquiring an additional 2,130 shares during the last quarter. Augustine Asset Management Inc. boosted its holdings in shares of Exxon Mobil Corporation by 20.1% during the 1st quarter. Augustine Asset Management Inc. now owns 21,475 shares of the oil and gas company’s stock valued at $1,761,000 after acquiring an additional 3,600 shares during the last quarter. Koshinski Asset Management Inc. grew its stake in shares of Exxon Mobil Corporation by 28.1% in the first quarter. Koshinski Asset Management Inc. now owns 29,120 shares of the oil and gas company’s stock worth $2,388,000 after acquiring an additional 6,389 shares during the period. Finally, Quadrant Capital Group LLC grew its stake in shares of Exxon Mobil Corporation by 10.4% in the first quarter. Quadrant Capital Group LLC now owns 27,454 shares of the oil and gas company’s stock worth $2,236,000 after acquiring an additional 2,576 shares during the period. 50.74% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil Corporation (NYSE XOM) traded down 0.09% on Wednesday, reaching $81.69. 3,466,697 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $78.78 and a 200 day moving average price of $80.72. The firm has a market cap of $346.13 billion, a PE ratio of 29.45 and a beta of 0.82. Exxon Mobil Corporation has a one year low of $76.05 and a one year high of $93.22.

Exxon Mobil Corporation (NYSE:XOM) last posted its quarterly earnings results on Friday, July 28th. The oil and gas company reported $0.78 EPS for the quarter, missing the consensus estimate 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 company had revenue of $62.88 billion during the quarter, compared to analyst estimates of $61.35 billion. During the same period in the prior year, the business posted $0.41 EPS. Exxon Mobil Corporation’s revenue for the quarter was up 9.0% compared to the same quarter last year. On average, equities analysts anticipate that Exxon Mobil Corporation will post $3.43 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 11th. Shareholders of record on Monday, August 14th were paid a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a yield of 3.77%. The ex-dividend date was Thursday, August 10th. Exxon Mobil Corporation’s dividend payout ratio (DPR) is currently 111.19%.

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In other Exxon Mobil Corporation news, VP Robert Stuart Franklin sold 22,656 shares of Exxon Mobil Corporation stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $79.76, for a total transaction of $1,807,042.56. Following the transaction, the vice president now directly owns 231,572 shares of the company’s stock, valued at $18,470,182.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Steven Reinemund sold 1,100 shares of Exxon Mobil Corporation stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $80.23, for a total transaction of $88,253.00. Following the transaction, the director now directly owns 43,125 shares in the company, valued at $3,459,918.75. The disclosure for this sale can be found here. Insiders own 0.08% of the company’s stock.

A number of research firms have weighed in on XOM. UBS AG set a $75.00 target price on Exxon Mobil Corporation and gave the company a “sell” rating in a report on Thursday, June 8th. Scotiabank set a $86.00 price target on shares of Exxon Mobil Corporation and gave the company a “buy” rating in a report on Saturday, June 17th. Vetr downgraded shares of Exxon Mobil Corporation from a “buy” rating to a “hold” rating and set a $85.17 price target on the stock. in a report on Thursday, September 28th. BNP Paribas set a $70.00 price target on shares of Exxon Mobil Corporation and gave the stock a “sell” rating in a research report on Monday, September 25th. Finally, Royal Bank Of Canada set a $90.00 price target on shares of Exxon Mobil Corporation and gave the stock a “neutral” rating in a research report on Thursday, August 3rd. Seven investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $84.75.

Exxon Mobil Corporation 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.

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

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