Ray Gerald L & Associates Ltd. lessened its holdings in Exxon Mobil Co. (NYSE:XOM) by 2.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 64,828 shares of the oil and gas company’s stock after selling 1,320 shares during the period. Ray Gerald L & Associates Ltd.’s holdings in Exxon Mobil were worth $5,314,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Shell Asset Management Co. lifted its position in Exxon Mobil by 31.9% during the third quarter. Shell Asset Management Co. now owns 1,066,127 shares of the oil and gas company’s stock valued at $100,269,000 after acquiring an additional 257,727 shares during the last quarter. Baldwin Brothers Inc. MA lifted its position in Exxon Mobil by 14.4% during the second quarter. Baldwin Brothers Inc. MA now owns 104,939 shares of the oil and gas company’s stock valued at $8,472,000 after acquiring an additional 13,206 shares during the last quarter. Compass Capital Management Inc. lifted its position in Exxon Mobil by 1.5% during the second quarter. Compass Capital Management Inc. now owns 13,272 shares of the oil and gas company’s stock valued at $1,071,000 after acquiring an additional 199 shares during the last quarter. Mizuho Securities USA LLC purchased a new stake in Exxon Mobil during the third quarter valued at approximately $1,255,000. Finally, Rockefeller Financial Services Inc. lifted its position in Exxon Mobil by 15.5% during the third quarter. Rockefeller Financial Services Inc. now owns 933,294 shares of the oil and gas company’s stock valued at $76,511,000 after acquiring an additional 125,501 shares during the last quarter. 51.12% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Co. (NYSE XOM) opened at $88.25 on Tuesday. The company has a current ratio of 0.85, a quick ratio of 0.54 and a debt-to-equity ratio of 0.13. The stock has a market cap of $373,920.00, a price-to-earnings ratio of 28.75, a price-to-earnings-growth ratio of 1.33 and a beta of 0.82. Exxon Mobil Co. has a twelve month low of $76.05 and a twelve month high of $88.29.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, October 27th. The oil and gas company reported $0.93 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.89 by $0.04. The business had revenue of $66.17 billion for the quarter, compared to the consensus estimate of $63.51 billion. Exxon Mobil had a net margin of 5.14% and a return on equity of 8.21%. During the same period last year, the firm posted $0.63 earnings per share. equities research analysts predict that Exxon Mobil Co. will post 3.71 EPS for the current year.

A number of research firms recently commented on XOM. Goldman Sachs Group set a $92.00 target price on shares of Exxon Mobil and gave the company a “neutral” rating in a research report on Monday. Jefferies Group set a $84.00 target price on shares of Exxon Mobil and gave the company a “hold” rating in a research report on Thursday, October 19th. BMO Capital Markets set a $80.00 target price on shares of Exxon Mobil and gave the company a “hold” rating in a research report on Wednesday, October 18th. JPMorgan Chase & Co. set a $81.00 target price on shares of Exxon Mobil and gave the company a “neutral” rating in a research report on Tuesday, December 12th. Finally, Zacks Investment Research cut shares of Exxon Mobil from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 14th. Seven investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $86.83.

In other Exxon Mobil news, VP Robert N. Schleckser sold 4,877 shares of the stock in a transaction on Friday, December 1st. The shares were sold at an average price of $83.37, for a total transaction of $406,595.49. Following the transaction, the vice president now directly owns 187,663 shares of the company’s stock, valued at $15,645,464.31. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Robert N. Schleckser sold 5,601 shares of the firm’s stock in a transaction dated 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 in the company, valued at $15,750,555.59. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 51,357 shares of company stock worth $4,273,910. Insiders own 0.08% of the company’s stock.

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Exxon Mobil 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.

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

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