Delta Asset Management LLC TN lowered its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 1.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 36,632 shares of the oil and gas company’s stock after selling 550 shares during the quarter. Delta Asset Management LLC TN’s holdings in Exxon Mobil Corporation were worth $2,957,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the business. State Street Corp lifted its position in shares of Exxon Mobil Corporation by 7.9% during the 1st quarter. State Street Corp now owns 215,767,383 shares of the oil and gas company’s stock worth $17,695,085,000 after buying an additional 15,740,895 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of Exxon Mobil Corporation by 6.4% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 19,116,927 shares of the oil and gas company’s stock worth $1,567,780,000 after buying an additional 1,150,881 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its position in shares of Exxon Mobil Corporation by 0.4% during the 1st 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 in the last quarter. APG Asset Management N.V. lifted its position in shares of Exxon Mobil Corporation by 22.7% during the 2nd quarter. APG Asset Management N.V. now owns 11,272,171 shares of the oil and gas company’s stock worth $910,002,000 after buying an additional 2,088,263 shares in the last quarter. Finally, Teachers Advisors LLC lifted its position in shares of Exxon Mobil Corporation by 6.9% during the 4th quarter. Teachers Advisors LLC now owns 7,259,876 shares of the oil and gas company’s stock worth $655,276,000 after buying an additional 471,230 shares in the last quarter. 50.82% of the stock is currently owned by hedge funds and other institutional investors.

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Several equities analysts have commented on the stock. Vetr raised shares of Exxon Mobil Corporation from a “hold” rating to a “buy” rating and set a $84.87 target price on the stock in a research report on Wednesday. UBS AG raised shares of Exxon Mobil Corporation from a “sell” rating to a “neutral” rating and lifted their price target for the stock from $75.00 to $76.00 in a report on Wednesday, September 6th. Jefferies Group LLC set a $81.00 price target on shares of Exxon Mobil Corporation and gave the stock a “hold” rating in a report on Tuesday, August 29th. Royal Bank Of Canada set a $90.00 price target on shares of Exxon Mobil Corporation and gave the stock a “hold” rating in a report on Tuesday, August 29th. Finally, Piper Jaffray Companies set a $76.00 price target on shares of Exxon Mobil Corporation and gave the stock a “hold” rating in a report on Friday, August 25th. Seven equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Exxon Mobil Corporation presently has an average rating of “Hold” and an average target price of $84.65.

Exxon Mobil Corporation (NYSE:XOM) traded down 0.32% on Friday, hitting $79.83. 6,893,695 shares of the stock were exchanged. The firm has a market cap of $338.25 billion, a P/E ratio of 28.78 and a beta of 0.82. The company has a 50-day moving average of $78.38 and a 200 day moving average of $80.84. Exxon Mobil Corporation has a 12 month low of $76.05 and a 12 month high of $93.22.

Exxon Mobil Corporation (NYSE:XOM) last announced its quarterly earnings data on Friday, July 28th. The oil and gas company reported $0.78 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.83 by ($0.05). The firm had revenue of $62.88 billion for the quarter, compared to the consensus estimate of $61.35 billion. Exxon Mobil Corporation had a net margin of 4.75% and a return on equity of 7.62%. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.41 earnings per share. Equities research analysts expect that Exxon Mobil Corporation will post $3.44 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 11th. Stockholders of record on Monday, August 14th were given a dividend of $0.77 per share. The ex-dividend date of this dividend was Thursday, August 10th. This represents a $3.08 annualized dividend and a dividend yield of 3.85%. Exxon Mobil Corporation’s payout ratio is 111.19%.

In other news, Director Steven Reinemund sold 1,100 shares of the firm’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 directly owns 43,125 shares in the company, valued at approximately $3,459,918.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.08% of the stock is owned by company insiders.

Exxon Mobil Corporation Company 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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