Ausdal Financial Partners Inc. raised its position in shares of Exxon Mobil Corp. (NYSE:XOM) by 0.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,072 shares of the company’s stock after buying an additional 46 shares during the period. Ausdal Financial Partners Inc.’s holdings in Exxon Mobil Corp. were worth $1,507,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of XOM. Lenox Wealth Advisors Inc. increased its position in shares of Exxon Mobil Corp. by 0.4% in the second quarter. Lenox Wealth Advisors Inc. now owns 2,708 shares of the company’s stock valued at $254,000 after buying an additional 10 shares in the last quarter. Capital Asset Advisory Services LLC increased its position in shares of Exxon Mobil Corp. by 0.4% in the second quarter. Capital Asset Advisory Services LLC now owns 3,394 shares of the company’s stock valued at $318,000 after buying an additional 15 shares in the last quarter. Round Table Services LLC increased its position in shares of Exxon Mobil Corp. by 0.4% in the second quarter. Round Table Services LLC now owns 4,674 shares of the company’s stock valued at $438,000 after buying an additional 19 shares in the last quarter. Ronna Sue Cohen increased its position in shares of Exxon Mobil Corp. by 0.3% in the first quarter. Ronna Sue Cohen now owns 8,932 shares of the company’s stock valued at $747,000 after buying an additional 25 shares in the last quarter. Finally, D. Scott Neal Inc. increased its position in shares of Exxon Mobil Corp. by 0.4% in the first quarter. D. Scott Neal Inc. now owns 6,669 shares of the company’s stock valued at $557,000 after buying an additional 26 shares in the last quarter. 50.42% of the stock is owned by hedge funds and other institutional investors.

Shares of Exxon Mobil Corp. (NYSE:XOM) traded up 0.92% during midday trading on Wednesday, reaching $83.30. 15,055,213 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $87.11 and its 200 day moving average price is $88.13. Exxon Mobil Corp. has a 1-year low of $71.55 and a 1-year high of $95.55. The stock has a market capitalization of $345.42 billion, a P/E ratio of 33.08 and a beta of 0.78.

Exxon Mobil Corp. (NYSE:XOM) last released its quarterly earnings results on Friday, July 29th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.64 by $0.23. Exxon Mobil Corp. had a return on equity of 5.94% and a net margin of 4.51%. The firm had revenue of $57.69 billion for the quarter, compared to analyst estimates of $60.23 billion. During the same period in the prior year, the business earned $1.00 earnings per share. Exxon Mobil Corp.’s revenue for the quarter was down 22.2% on a year-over-year basis. On average, equities analysts predict that Exxon Mobil Corp. will post $2.31 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 9th. Investors of record on Friday, August 12th were given a $0.75 dividend. The ex-dividend date was Wednesday, August 10th. This represents a $3.00 annualized dividend and a dividend yield of 3.60%. Exxon Mobil Corp.’s dividend payout ratio is presently 119.05%.

Several analysts have commented on the stock. HSBC set a $86.00 price target on shares of Exxon Mobil Corp. and gave the stock a “neutral” rating in a research note on Tuesday, June 28th. Societe Generale set a $105.00 price target on shares of Exxon Mobil Corp. and gave the stock a “buy” rating in a research note on Monday, August 15th. Goldman Sachs Group Inc. set a $98.00 price target on shares of Exxon Mobil Corp. and gave the stock a “buy” rating in a research note on Monday, August 1st. Barclays PLC reiterated an “equal weight” rating and issued a $102.00 price target on shares of Exxon Mobil Corp. in a research note on Thursday, July 28th. Finally, Credit Suisse Group AG reiterated a “sell” rating and issued a $78.00 price target on shares of Exxon Mobil Corp. in a research note on Thursday, June 2nd. Seven equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have issued a buy rating to the company’s stock. Exxon Mobil Corp. currently has an average rating of “Hold” and an average price target of $86.69.

In related news, VP Robert Stuart Franklin sold 13,855 shares of the firm’s stock in a transaction that occurred on Wednesday, August 24th. The shares were sold at an average price of $87.93, for a total value of $1,218,270.15. Following the sale, the vice president now directly owns 213,256 shares of the company’s stock, valued at $18,751,600.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.14% of the stock is currently owned by corporate insiders.

About Exxon Mobil Corp.

Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas, manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. The Company also manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and various specialty products.

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