St. Louis Trust Co raised its holdings in ExxonMobil (NYSE:XOM) by 11.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 28,877 shares of the oil and gas company’s stock after purchasing an additional 3,028 shares during the quarter. ExxonMobil comprises approximately 1.0% of St. Louis Trust Co’s holdings, making the stock its 16th biggest holding. St. Louis Trust Co’s holdings in ExxonMobil were worth $2,415,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of XOM. Vanguard Group Inc. lifted its holdings in shares of ExxonMobil by 3.5% during the 2nd quarter. Vanguard Group Inc. now owns 309,411,379 shares of the oil and gas company’s stock worth $24,978,780,000 after acquiring an additional 10,366,636 shares during the period. First Eagle Investment Management LLC increased its position in ExxonMobil by 136,463.4% during the 2nd quarter. First Eagle Investment Management LLC now owns 7,139,533 shares of the oil and gas company’s stock worth $576,374,000 after purchasing an additional 7,134,305 shares in the last quarter. Stifel Financial Corp increased its position in ExxonMobil by 37,429.2% during the 3rd quarter. Stifel Financial Corp now owns 3,774,313 shares of the oil and gas company’s stock worth $309,285,000 after purchasing an additional 3,764,256 shares in the last quarter. APG Asset Management N.V. increased its position in ExxonMobil by 22.2% during the 4th quarter. APG Asset Management N.V. now owns 16,887,241 shares of the oil and gas company’s stock worth $1,176,257,000 after purchasing an additional 3,068,500 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec increased its position in ExxonMobil by 34.8% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 9,841,645 shares of the oil and gas company’s stock worth $810,213,000 after purchasing an additional 2,539,700 shares in the last quarter. 53.12% of the stock is owned by hedge funds and other institutional investors.

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NYSE:XOM opened at $78.54 on Tuesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.52 and a current ratio of 0.82. ExxonMobil has a 52 week low of $72.15 and a 52 week high of $89.30. The firm has a market capitalization of $329,844.03, a PE ratio of 21.88, a PEG ratio of 1.16 and a beta of 0.91.

ExxonMobil (NYSE:XOM) last posted its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $0.88 EPS for the quarter, missing the Zacks’ consensus estimate of $1.06 by ($0.18). ExxonMobil had a net margin of 7.61% and a return on equity of 8.00%. The firm had revenue of $66.52 billion during the quarter, compared to the consensus estimate of $74.41 billion. During the same period in the prior year, the company posted $0.41 earnings per share. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. equities research analysts forecast that ExxonMobil will post 4.81 earnings per share for the current year.

A number of research firms recently issued reports on XOM. Goldman Sachs reiterated a “neutral” rating and set a $96.00 price objective on shares of ExxonMobil in a research report on Thursday, February 1st. Wells Fargo set a $88.00 price objective on shares of ExxonMobil and gave the stock a “neutral” rating in a research report on Thursday, January 11th. Barclays cut shares of ExxonMobil from an “overweight” rating to an “underweight” rating and lowered their price objective for the stock from $91.00 to $84.00 in a research report on Tuesday, February 6th. Bank of America set a $100.00 price objective on shares of ExxonMobil and gave the stock a “buy” rating in a research report on Wednesday, March 7th. Finally, BMO Capital Markets upped their price objective on shares of ExxonMobil to $85.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 10th. Five equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $86.42.

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ExxonMobil Company Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company also manufactures petroleum products; manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plastics, as well as various specialty products; and transports and sells crude oil, natural gas, and petroleum products.

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Institutional Ownership by Quarter for ExxonMobil (NYSE:XOM)

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