Bridge Creek Capital Management LLC increased its stake in shares of Exxon Mobil Corp. (NYSE:XOM) by 3.0% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 86,381 shares of the company’s stock after buying an additional 2,530 shares during the period. Exxon Mobil Corp. comprises 4.3% of Bridge Creek Capital Management LLC’s portfolio, making the stock its largest position. Bridge Creek Capital Management LLC’s holdings in Exxon Mobil Corp. were worth $7,539,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. BB&T Corp boosted its position in shares of Exxon Mobil Corp. by 18.4% in the second quarter. BB&T Corp now owns 952,980 shares of the company’s stock valued at $89,332,000 after buying an additional 148,235 shares during the period. Concannon Wealth Management LLC boosted its position in shares of Exxon Mobil Corp. by 0.5% in the second quarter. Concannon Wealth Management LLC now owns 5,399 shares of the company’s stock valued at $506,000 after buying an additional 27 shares during the period. Edgar Lomax Co. VA boosted its position in shares of Exxon Mobil Corp. by 17.5% in the first quarter. Edgar Lomax Co. VA now owns 846,898 shares of the company’s stock valued at $70,792,000 after buying an additional 126,050 shares during the period. Shell Asset Management Co. boosted its position in shares of Exxon Mobil Corp. by 14.7% in the second quarter. Shell Asset Management Co. now owns 867,880 shares of the company’s stock valued at $81,355,000 after buying an additional 111,027 shares during the period. Finally, Eagle Global Advisors LLC boosted its position in shares of Exxon Mobil Corp. by 5.7% in the second quarter. Eagle Global Advisors LLC now owns 149,569 shares of the company’s stock valued at $14,021,000 after buying an additional 8,014 shares during the period. 50.06% of the stock is owned by institutional investors and hedge funds.

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

Exxon Mobil Corp. (NYSE:XOM) traded up 2.0257% during mid-day trading on Wednesday, reaching $87.6401. The company’s stock had a trading volume of 11,890,456 shares. The stock has a market capitalization of $363.42 billion, a P/E ratio of 41.0300 and a beta of 0.86. The stock’s 50 day moving average price is $86.07 and its 200 day moving average price is $88.35. Exxon Mobil Corp. has a 1-year low of $71.55 and a 1-year high of $95.55.

Exxon Mobil Corp. (NYSE:XOM) last issued its quarterly earnings results on Friday, October 28th. The company reported $0.63 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.60 by $0.03. The company earned $58.68 billion during the quarter, compared to the consensus estimate of $61.34 billion. Exxon Mobil Corp. had a return on equity of 5.04% and a net margin of 3.98%. Exxon Mobil Corp.’s revenue was down 12.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.01 EPS. Analysts expect that Exxon Mobil Corp. will post $2.24 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 9th. Shareholders of record on Thursday, November 10th will be issued a $0.75 dividend. The ex-dividend date is Tuesday, November 8th. This represents a $3.00 annualized dividend and a yield of 3.49%. Exxon Mobil Corp.’s dividend payout ratio (DPR) is presently 140.19%.

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XOM has been the subject of a number of analyst reports. HSBC set a $83.50 price target on Exxon Mobil Corp. and gave the stock a “neutral” rating in a report on Tuesday, August 2nd. Societe Generale set a $105.00 price target on Exxon Mobil Corp. and gave the stock a “buy” rating in a report on Monday, August 15th. reaffirmed a “buy” rating on shares of Exxon Mobil Corp. in a report on Tuesday, August 16th. Argus reaffirmed a “buy” rating and issued a $104.00 price target on shares of Exxon Mobil Corp. in a report on Wednesday, August 17th. Finally, Morningstar Inc. reaffirmed a “neutral” rating on shares of Exxon Mobil Corp. in a report on Wednesday, August 24th. Eight equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $87.69.

In other Exxon Mobil Corp. news, VP Neil A. Chapman sold 16,000 shares of the business’s stock in a transaction on Tuesday, November 15th. The stock was sold at an average price of $87.00, for a total value of $1,392,000.00. Following the completion of the transaction, the vice president now directly owns 222,299 shares in the company, valued at approximately $19,340,013. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.14% of the stock is owned by company 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.

5 Day Chart for NYSE:XOM

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