Biltmore Wealth Management LLC continued to hold its position in Exxon Mobil Corporation (NYSE:XOM) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,036 shares of the oil and gas company’s stock at the close of the second quarter. Biltmore Wealth Management LLC’s holdings in Exxon Mobil Corporation were worth $245,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Janney Montgomery Scott LLC lifted its holdings in Exxon Mobil Corporation by 12.2% in the first quarter. Janney Montgomery Scott LLC now owns 805,489 shares of the oil and gas company’s stock worth $66,058,000 after acquiring an additional 87,332 shares during the last quarter. Shell Asset Management Co. lifted its holdings in Exxon Mobil Corporation by 0.9% in the first quarter. Shell Asset Management Co. now owns 796,038 shares of the oil and gas company’s stock worth $65,283,000 after acquiring an additional 6,738 shares during the last quarter. Stonebridge Capital Management Inc. lifted its holdings in Exxon Mobil Corporation by 4.5% in the first quarter. Stonebridge Capital Management Inc. now owns 108,534 shares of the oil and gas company’s stock worth $8,901,000 after acquiring an additional 4,648 shares during the last quarter. Benedict Financial Advisors Inc. lifted its holdings in Exxon Mobil Corporation by 2.0% in the first quarter. Benedict Financial Advisors Inc. now owns 32,699 shares of the oil and gas company’s stock worth $2,682,000 after acquiring an additional 651 shares during the last quarter. Finally, iAB Financial Bank lifted its holdings in Exxon Mobil Corporation by 2.3% in the first quarter. iAB Financial Bank now owns 31,138 shares of the oil and gas company’s stock worth $2,554,000 after acquiring an additional 693 shares during the last quarter. Institutional investors and hedge funds own 50.76% of the company’s stock.

A number of brokerages have issued reports on XOM. Vetr cut shares of Exxon Mobil Corporation from a “buy” rating to a “hold” rating and set a $85.17 target price on the stock. in a report on Friday, October 6th. Royal Bank Of Canada set a $90.00 target price on shares of Exxon Mobil Corporation and gave the stock a “hold” rating in a report on Tuesday, August 29th. Societe Generale set a $95.00 target price on shares of Exxon Mobil Corporation and gave the stock a “buy” rating in a report on Monday, September 18th. J P Morgan Chase & Co reissued a “neutral” rating and issued a $80.00 target price (down previously from $81.00) on shares of Exxon Mobil Corporation in a report on Friday, August 18th. Finally, Independent Research GmbH set a $84.00 target price on shares of Exxon Mobil Corporation and gave the stock a “neutral” rating in a report on Monday, August 21st. Six investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $85.78.

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 transaction of $1,807,042.56. Following the transaction, the vice president now directly owns 231,572 shares in the company, valued at approximately $18,470,182.72. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.08% of the company’s stock.

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Exxon Mobil Corporation (NYSE XOM) opened at $80.55 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.85 and a quick ratio of 0.54. The stock has a market cap of $341,600.00, a P/E ratio of 22.54, a price-to-earnings-growth ratio of 1.69 and a beta of 0.83. 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 posted its quarterly earnings results on Friday, October 27th. The oil and gas company reported $0.93 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.89 by $0.04. The firm had revenue of $66.17 billion for the quarter, compared to analyst estimates 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 business posted $0.63 earnings per share. equities analysts forecast that Exxon Mobil Corporation will post 3.62 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Monday, November 13th will be given a $0.77 dividend. The ex-dividend date of this dividend is Friday, November 10th. This represents a $3.08 annualized dividend and a yield of 3.82%. Exxon Mobil Corporation’s dividend payout ratio (DPR) is 100.33%.

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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