Van Strum & Towne Inc. decreased its position in Exxon Mobil Co. (NYSE:XOM) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 41,534 shares of the oil and gas company’s stock after selling 655 shares during the period. Exxon Mobil makes up about 2.4% of Van Strum & Towne Inc.’s investment portfolio, making the stock its 19th largest position. Van Strum & Towne Inc.’s holdings in Exxon Mobil were worth $3,749,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of the company. State Street Corp boosted its position in Exxon Mobil by 4.3% in the fourth quarter. State Street Corp now owns 200,026,488 shares of the oil and gas company’s stock valued at $18,054,385,000 after buying an additional 8,303,490 shares during the last quarter. Northern Trust Corp boosted its position in Exxon Mobil by 1.2% in the third quarter. Northern Trust Corp now owns 54,437,635 shares of the oil and gas company’s stock valued at $4,751,316,000 after buying an additional 649,145 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in Exxon Mobil by 6.8% in the third quarter. Price T Rowe Associates Inc. MD now owns 39,834,252 shares of the oil and gas company’s stock valued at $3,476,734,000 after buying an additional 2,530,920 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its position in Exxon Mobil by 3.9% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 12,535,777 shares of the oil and gas company’s stock valued at $1,094,123,000 after buying an additional 476,028 shares during the last quarter. Finally, Fayez Sarofim & Co. boosted its position in shares of Exxon Mobil by 35.3% in the third quarter. Fayez Sarofim & Co. now owns 12,318,584 shares of the oil and gas company’s stock worth $1,075,029,000 after buying an additional 3,211,005 shares during the last quarter. 51.09% of the stock is owned by institutional investors and hedge funds.
Exxon Mobil Co. (NYSE:XOM) traded down 0.241% on Friday, reaching $80.815. The company had a trading volume of 6,940,370 shares. The company has a market capitalization of $335.10 billion, a P/E ratio of 43.055 and a beta of 0.91. The stock’s 50-day moving average is $82.03 and its 200-day moving average is $85.16. Exxon Mobil Co. has a 52 week low of $80.30 and a 52 week high of $95.55. Exxon Mobil also was the recipient of some unusual options trading on Thursday. Stock traders purchased 2,028 put options on the stock. This is an increase of 155% compared to the typical daily volume of 794 put options.
Exxon Mobil (NYSE:XOM) last released its earnings results on Tuesday, January 31st. The oil and gas company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by $0.29. The firm earned $61.02 billion during the quarter, compared to analyst estimates of $62.28 billion. Exxon Mobil had a net margin of 3.47% and a return on equity of 5.56%. Exxon Mobil’s revenue was up 2.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.67 earnings per share. Equities research analysts forecast that Exxon Mobil Co. will post $3.92 EPS for the current fiscal year.
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A number of research analysts recently commented on the company. Simmons raised their price target on Exxon Mobil from $76.00 to $81.00 and gave the stock a “neutral” rating in a research report on Wednesday. HSBC Holdings plc reaffirmed a “neutral” rating and issued a $85.00 price objective on shares of Exxon Mobil in a research note on Thursday, April 13th. Morgan Stanley reissued a “sell” rating and set a $84.00 price target on shares of Exxon Mobil in a research note on Thursday, April 13th. Vetr raised Exxon Mobil from a “hold” rating to a “buy” rating and set a $87.64 price target on the stock in a research note on Tuesday, April 11th. Finally, Jefferies Group LLC reissued a “neutral” rating and set a $92.00 price target on shares of Exxon Mobil in a research note on Thursday, April 6th. Six analysts have rated the stock with a sell rating, fifteen have given a hold rating and seven have issued a buy rating to the company. Exxon Mobil presently has an average rating of “Hold” and a consensus target price of $89.57.
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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