Aull & Monroe Investment Management Corp cut its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 2.6% during the third quarter, Holdings Channel reports. The fund owned 45,820 shares of the company’s stock after selling 1,205 shares during the period. Exxon Mobil Corporation accounts for approximately 2.3% of Aull & Monroe Investment Management Corp’s investment portfolio, making the stock its 8th largest position. Aull & Monroe Investment Management Corp’s holdings in Exxon Mobil Corporation were worth $3,999,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the stock. BB&T Corp boosted its stake in shares of Exxon Mobil Corporation by 18.4% in the second quarter. BB&T Corp now owns 952,980 shares of the company’s stock worth $89,332,000 after buying an additional 148,235 shares during the period. Kessler Investment Group LLC boosted its stake in shares of Exxon Mobil Corporation by 7.8% in the third quarter. Kessler Investment Group LLC now owns 33,551 shares of the company’s stock worth $2,928,000 after buying an additional 2,428 shares during the period. Concannon Wealth Management LLC boosted its stake in shares of Exxon Mobil Corporation by 0.5% in the second quarter. Concannon Wealth Management LLC now owns 5,399 shares of the company’s stock worth $506,000 after buying an additional 27 shares during the period. Shell Asset Management Co. boosted its stake in shares of Exxon Mobil Corporation by 14.7% in the second quarter. Shell Asset Management Co. now owns 867,880 shares of the company’s stock worth $81,355,000 after buying an additional 111,027 shares during the period. Finally, Eagle Global Advisors LLC boosted its stake in shares of Exxon Mobil Corporation by 5.7% in the second quarter. Eagle Global Advisors LLC now owns 149,569 shares of the company’s stock worth $14,021,000 after buying an additional 8,014 shares during the period. Institutional investors and hedge funds own 49.95% of the company’s stock.

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

Exxon Mobil Corporation (NYSE:XOM) traded up 0.03% during midday trading on Friday, reaching $86.37. 4,491,877 shares of the company’s stock traded hands. The firm has a market cap of $358.15 billion, a PE ratio of 40.44 and a beta of 0.89. The firm’s 50-day moving average is $88.97 and its 200 day moving average is $88.15. Exxon Mobil Corporation has a 52-week low of $71.55 and a 52-week high of $95.55.

Exxon Mobil Corporation (NYSE:XOM) last announced its quarterly earnings results on Friday, October 28th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.03. Exxon Mobil Corporation had a net margin of 3.98% and a return on equity of 5.04%. The company had revenue of $58.68 billion for the quarter, compared to analysts’ expectations of $61.34 billion. During the same quarter in the previous year, the company earned $1.01 earnings per share. Exxon Mobil Corporation’s quarterly revenue was down 12.9% on a year-over-year basis. Equities research analysts expect that Exxon Mobil Corporation will post $2.19 earnings per share for the current fiscal year.

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A number of analysts have commented on the stock. Goldman Sachs Group, Inc. (The) set a $96.00 price target on shares of Exxon Mobil Corporation and gave the company a “neutral” rating in a research report on Tuesday, December 20th. Macquarie reaffirmed an “underperform” rating and set a $75.00 price target on shares of Exxon Mobil Corporation in a research report on Saturday, December 17th. Cowen and Company reaffirmed an “outperform” rating and set a $100.00 price target on shares of Exxon Mobil Corporation in a research report on Monday, October 31st. Vetr raised shares of Exxon Mobil Corporation from a “hold” rating to a “buy” rating and set a $87.73 price target on the stock in a research report on Tuesday, November 1st. Finally, BMO Capital Markets assumed coverage on shares of Exxon Mobil Corporation in a research report on Thursday, December 1st. They set a “market perform” rating and a $78.00 price target on the stock. They noted that the move was a valuation call. Eight equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $87.25.

In related news, VP Neil A. Chapman sold 16,000 shares of the business’s stock in a transaction dated Tuesday, November 15th. The shares were sold at an average price of $87.00, for a total transaction of $1,392,000.00. Following the sale, the vice president now owns 222,299 shares of the company’s stock, valued at $19,340,013. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Robert N. Schleckser sold 5,339 shares of the business’s stock in a transaction dated Monday, November 28th. The stock was sold at an average price of $86.89, for a total transaction of $463,905.71. The disclosure for this sale can be found here. Corporate insiders own 0.14% of the company’s stock.

About Exxon Mobil Corporation

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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