Valicenti Advisory Services Inc. lifted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 3.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 36,341 shares of the oil and gas company’s stock after acquiring an additional 1,120 shares during the quarter. Valicenti Advisory Services Inc.’s holdings in Exxon Mobil were worth $3,006,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. QV Investors Inc. lifted its holdings in Exxon Mobil by 8.0% during the 2nd quarter. QV Investors Inc. now owns 239,901 shares of the oil and gas company’s stock worth $19,847,000 after purchasing an additional 17,810 shares in the last quarter. Cape ANN Savings Bank purchased a new stake in Exxon Mobil during the 2nd quarter worth about $1,449,000. Unigestion Holding SA purchased a new stake in Exxon Mobil during the 2nd quarter worth about $114,974,000. Norris Perne & French LLP MI lifted its holdings in Exxon Mobil by 26.3% during the 2nd quarter. Norris Perne & French LLP MI now owns 158,334 shares of the oil and gas company’s stock worth $13,099,000 after purchasing an additional 32,929 shares in the last quarter. Finally, First Command Financial Services Inc. lifted its holdings in Exxon Mobil by 96.0% during the 2nd quarter. First Command Financial Services Inc. now owns 187,962 shares of the oil and gas company’s stock worth $15,550,000 after purchasing an additional 92,058 shares in the last quarter. Institutional investors own 52.48% of the company’s stock.

In other Exxon Mobil news, VP Bradley W. Corson sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, September 19th. The stock was sold at an average price of $84.02, for a total value of $1,260,300.00. Following the sale, the vice president now owns 214,774 shares of the company’s stock, valued at approximately $18,045,311.48. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.08% of the company’s stock.

XOM has been the topic of a number of recent research reports. HSBC reissued a “buy” rating and set a $93.50 price objective on shares of Exxon Mobil in a report on Monday, July 16th. Societe Generale reissued a “buy” rating and set a $87.00 price objective on shares of Exxon Mobil in a report on Wednesday, July 11th. Royal Bank of Canada set a $100.00 price objective on Exxon Mobil and gave the stock a “buy” rating in a report on Thursday, June 21st. Finally, Morningstar set a $90.00 price objective on Exxon Mobil and gave the stock a “buy” rating in a report on Wednesday, September 5th. Five analysts have rated the stock with a sell rating, thirteen have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Exxon Mobil currently has a consensus rating of “Hold” and a consensus price target of $87.08.

NYSE:XOM opened at $81.38 on Friday. Exxon Mobil Co. has a twelve month low of $72.15 and a twelve month high of $89.30. The stock has a market capitalization of $360.27 billion, a price-to-earnings ratio of 22.67, a price-to-earnings-growth ratio of 1.48 and a beta of 0.86. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.51 and a current ratio of 0.81.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, July 27th. The oil and gas company reported $0.92 earnings per share for the quarter, missing the consensus estimate of $1.26 by ($0.34). Exxon Mobil had a net margin of 7.64% and a return on equity of 8.45%. The business had revenue of $73.50 billion during the quarter, compared to analysts’ expectations of $71.66 billion. During the same period in the previous year, the business earned $0.78 EPS. The business’s revenue was up 26.6% on a year-over-year basis. As a group, research analysts expect that Exxon Mobil Co. will post 4.6 earnings per share for the current fiscal year.

Exxon Mobil 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 Exxon Mobil (NYSE:XOM)

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