Duff & Phelps Investment Management Co. decreased its holdings in shares of Exxon Mobil Corporation (NYSE:XOM) by 6.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 46,925 shares of the oil and gas company’s stock after selling 3,190 shares during the quarter. Duff & Phelps Investment Management Co.’s holdings in Exxon Mobil Corporation were worth $3,788,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in XOM. State Street Corp grew its position in Exxon Mobil Corporation by 7.9% in 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 purchasing an additional 15,740,895 shares during the last quarter. Schwab Charles Investment Management Inc. grew its position in Exxon Mobil Corporation by 7.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 20,523,456 shares of the oil and gas company’s stock worth $1,656,859,000 after purchasing an additional 1,406,529 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its position in Exxon Mobil Corporation by 0.4% in 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 purchasing an additional 51,810 shares during the last quarter. APG Asset Management N.V. grew its position in Exxon Mobil Corporation by 22.7% in 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 purchasing an additional 2,088,263 shares during the last quarter. Finally, Fisher Asset Management LLC grew its position in Exxon Mobil Corporation by 0.6% in the 2nd quarter. Fisher Asset Management LLC now owns 4,730,728 shares of the oil and gas company’s stock worth $381,912,000 after purchasing an additional 26,923 shares during the last quarter. Institutional investors own 50.76% of the company’s stock.

In other Exxon Mobil Corporation news, VP Robert Stuart Franklin sold 22,656 shares of Exxon Mobil Corporation stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $79.76, for a total value of $1,807,042.56. Following the transaction, the vice president now 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 SEC, which is accessible through this link. 0.08% of the stock is currently owned by insiders.

XOM has been the subject of a number of analyst reports. Zacks Investment Research raised shares of Exxon Mobil Corporation from a “sell” rating to a “hold” rating in a report on Monday, August 7th. Vetr downgraded shares of Exxon Mobil Corporation from a “buy” rating to a “hold” rating and set a $85.17 price objective for the company. in a report on Friday, October 6th. Barclays PLC reaffirmed an “overweight” rating and set a $94.00 price objective (up from $91.00) on shares of Exxon Mobil Corporation in a report on Friday, October 13th. Morgan Stanley reaffirmed an “underperform” rating on shares of Exxon Mobil Corporation in a report on Thursday, October 19th. Finally, BNP Paribas set a $70.00 price objective on shares of Exxon Mobil Corporation and gave the stock a “sell” rating in a report on Monday, September 25th. Six investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $85.78.

Exxon Mobil Corporation (NYSE:XOM) opened at $80.24 on Monday. The stock has a market cap of $339,990.00, a P/E ratio of 22.54, a P/E/G ratio of 1.69 and a beta of 0.83. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.54 and a current ratio of 0.85. Exxon Mobil Corporation has a 1-year low of $76.05 and a 1-year high of $93.22.

Exxon Mobil Corporation (NYSE:XOM) last issued its quarterly earnings data on Friday, October 27th. The oil and gas company reported $0.93 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.04. The firm had revenue of $66.17 billion during the quarter, compared to analysts’ expectations of $63.51 billion. Exxon Mobil Corporation had a net margin of 5.14% and a return on equity of 8.21%. During the same quarter in the previous year, the company earned $0.63 earnings per share. equities analysts forecast that Exxon Mobil Corporation will post 3.62 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Monday, November 13th will be issued a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date is Friday, November 10th. Exxon Mobil Corporation’s dividend payout ratio is currently 100.33%.

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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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