New England Private Wealth Advisors LLC Has $1.26 Million Stake in Exxon Mobil Co. (XOM)

New England Private Wealth Advisors LLC cut its position in shares of Exxon Mobil Co. (NYSE:XOM) by 5.4% during the 3rd quarter, Holdings Channel reports. The firm owned 15,371 shares of the oil and gas company’s stock after selling 877 shares during the quarter. New England Private Wealth Advisors LLC’s holdings in Exxon Mobil were worth $1,262,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Bbva Compass Bancshares Inc. raised its position in Exxon Mobil by 0.5% in the second quarter. Bbva Compass Bancshares Inc. now owns 184,650 shares of the oil and gas company’s stock worth $14,907,000 after acquiring an additional 930 shares during the period. Winfield Associates Inc. raised its position in Exxon Mobil by 1.4% in the second quarter. Winfield Associates Inc. now owns 17,171 shares of the oil and gas company’s stock worth $1,386,000 after acquiring an additional 245 shares during the period. Terril Brothers Inc. raised its position in Exxon Mobil by 4.0% in the second quarter. Terril Brothers Inc. now owns 11,275 shares of the oil and gas company’s stock worth $910,000 after acquiring an additional 435 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. raised its position in Exxon Mobil by 1.2% in the second quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 145,428 shares of the oil and gas company’s stock worth $11,740,000 after acquiring an additional 1,662 shares during the period. Finally, Honkamp Krueger Financial Services Inc. raised its position in Exxon Mobil by 4.6% in the second quarter. Honkamp Krueger Financial Services Inc. now owns 67,232 shares of the oil and gas company’s stock worth $5,428,000 after acquiring an additional 2,951 shares during the period. Institutional investors and hedge funds own 51.65% of the company’s stock.

Shares of Exxon Mobil Co. (XOM) opened at $75.86 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.54 and a current ratio of 0.85. The firm has a market cap of $321,430.00, a P/E ratio of 23.49, a P/E/G ratio of 1.02 and a beta of 0.82. Exxon Mobil Co. has a twelve month low of $73.90 and a twelve month high of $89.30.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, February 2nd. The oil and gas company reported $0.88 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.06 by ($0.18). The company had revenue of $66.52 billion for the quarter, compared to analyst estimates of $74.41 billion. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.41 earnings per share. analysts forecast that Exxon Mobil Co. will post 4.85 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Monday, February 12th will be issued a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a yield of 4.06%. The ex-dividend date is Friday, February 9th. Exxon Mobil’s dividend payout ratio (DPR) is presently 95.36%.

In related news, VP Neil A. Chapman sold 12,000 shares of the company’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $83.05, for a total transaction of $996,600.00. Following the sale, the vice president now owns 291,385 shares of the company’s stock, valued at approximately $24,199,524.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Robert N. Schleckser sold 5,601 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $83.93, for a total transaction of $470,091.93. Following the completion of the transaction, the vice president now directly owns 187,663 shares of the company’s stock, valued at approximately $15,750,555.59. The disclosure for this sale can be found here. Insiders have sold a total of 51,357 shares of company stock worth $4,273,910 in the last ninety days. 0.08% of the stock is currently owned by insiders.

Several brokerages have commented on XOM. Vetr raised shares of Exxon Mobil from a “buy” rating to a “strong-buy” rating and set a $90.47 price objective on the stock in a research report on Friday, November 17th. Royal Bank of Canada reaffirmed a “sector perform” rating on shares of Exxon Mobil in a research report on Friday, November 24th. Goldman Sachs Group reaffirmed a “neutral” rating and issued a $96.00 price objective on shares of Exxon Mobil in a research report on Thursday, February 1st. Wells Fargo & Co set a $88.00 price objective on shares of Exxon Mobil and gave the stock a “neutral” rating in a research report on Thursday, January 11th. Finally, Barclays lowered shares of Exxon Mobil 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. Seven analysts have rated the stock with a sell rating, fourteen have given a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $87.02.

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About Exxon Mobil

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.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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