Exxon Mobil Co. (XOM) is Middleton & Co Inc MA’s 10th Largest Position

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Middleton & Co Inc MA decreased its holdings in Exxon Mobil Co. (NYSE:XOM) by 7.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 152,715 shares of the oil and gas company’s stock after selling 12,968 shares during the quarter. Exxon Mobil accounts for 2.0% of Middleton & Co Inc MA’s holdings, making the stock its 10th largest position. Middleton & Co Inc MA’s holdings in Exxon Mobil were worth $11,394,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of XOM. Cowen Prime Services LLC lifted its stake in shares of Exxon Mobil by 8.5% in the 4th quarter. Cowen Prime Services LLC now owns 7,270 shares of the oil and gas company’s stock valued at $608,000 after purchasing an additional 570 shares during the last quarter. Partnervest Advisory Services LLC lifted its stake in shares of Exxon Mobil by 3.8% in the 4th quarter. Partnervest Advisory Services LLC now owns 15,640 shares of the oil and gas company’s stock valued at $1,308,000 after purchasing an additional 578 shares during the last quarter. Mycio Wealth Partners LLC lifted its stake in shares of Exxon Mobil by 1.3% in the 4th quarter. Mycio Wealth Partners LLC now owns 45,944 shares of the oil and gas company’s stock valued at $3,843,000 after purchasing an additional 595 shares during the last quarter. Dividend Assets Capital LLC lifted its stake in shares of Exxon Mobil by 1.6% in the 4th quarter. Dividend Assets Capital LLC now owns 36,722 shares of the oil and gas company’s stock valued at $3,071,000 after purchasing an additional 595 shares during the last quarter. Finally, Glenview State Bank Trust DEPT. lifted its stake in shares of Exxon Mobil by 0.8% in the 4th quarter. Glenview State Bank Trust DEPT. now owns 79,818 shares of the oil and gas company’s stock valued at $6,676,000 after purchasing an additional 630 shares during the last quarter. Hedge funds and other institutional investors own 51.86% of the company’s stock.

Several research firms recently issued reports on XOM. Societe Generale reaffirmed a “buy” rating and issued a $87.00 price objective on shares of Exxon Mobil in a research note on Tuesday, March 13th. ValuEngine raised shares of Exxon Mobil from a “sell” rating to a “hold” rating in a research note on Friday, May 11th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Exxon Mobil in a research note on Wednesday, June 13th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $83.00 price objective on shares of Exxon Mobil in a research note on Monday, April 9th. Finally, HSBC reaffirmed a “buy” rating and issued a $88.00 price objective on shares of Exxon Mobil in a research note on Monday, May 14th. Five research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $86.87.

Shares of Exxon Mobil opened at $82.33 on Monday, according to MarketBeat Ratings. The stock has a market cap of $348.87 billion, a PE ratio of 22.93, a P/E/G ratio of 1.23 and a beta of 0.92. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.80 and a quick ratio of 0.50. Exxon Mobil Co. has a 52 week low of $72.15 and a 52 week high of $89.30.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, April 27th. The oil and gas company reported $1.09 EPS for the quarter, missing the Zacks’ consensus estimate of $1.14 by ($0.05). The company had revenue of $68.21 billion for the quarter, compared to analyst estimates of $61.49 billion. Exxon Mobil had a net margin of 7.72% and a return on equity of 8.22%. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.95 EPS. equities analysts predict that Exxon Mobil Co. will post 4.88 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 11th. Stockholders of record on Monday, May 14th were given a dividend of $0.82 per share. The ex-dividend date was Friday, May 11th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 3.98%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.77. Exxon Mobil’s dividend payout ratio is currently 91.36%.

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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