Duncker Streett & Co. Inc. Increases Stock Position in Exxon Mobil Corporation $XOM

Duncker Streett & Co. Inc. raised its stake in shares of Exxon Mobil Corporation (NYSE:XOMFree Report) by 8.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 63,292 shares of the oil and gas company’s stock after acquiring an additional 4,872 shares during the period. Exxon Mobil makes up 1.2% of Duncker Streett & Co. Inc.’s holdings, making the stock its 20th biggest holding. Duncker Streett & Co. Inc.’s holdings in Exxon Mobil were worth $7,136,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in XOM. Norges Bank purchased a new stake in Exxon Mobil in the second quarter valued at approximately $6,163,719,000. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Exxon Mobil in the second quarter valued at $607,621,000. First Trust Advisors LP raised its holdings in shares of Exxon Mobil by 150.2% in the 2nd quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock valued at $819,560,000 after buying an additional 4,563,707 shares during the period. Cerity Partners LLC lifted its stake in Exxon Mobil by 200.7% during the 2nd quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock worth $217,162,000 after acquiring an additional 4,015,099 shares in the last quarter. Finally, Laurel Wealth Advisors LLC boosted its holdings in Exxon Mobil by 10,809.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock valued at $333,652,000 after acquiring an additional 3,066,736 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on XOM. BNP Paribas raised shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Morgan Stanley lifted their price objective on shares of Exxon Mobil from $135.00 to $137.00 and gave the company an “overweight” rating in a report on Wednesday, December 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. Jefferies Financial Group raised their price target on shares of Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Finally, Wells Fargo & Company upped their price objective on Exxon Mobil from $156.00 to $158.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $129.71.

Get Our Latest Stock Report on Exxon Mobil

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 3,000 shares of the stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total value of $351,570.00. Following the transaction, the vice president owned 28,584 shares in the company, valued at approximately $3,349,758.96. This represents a 9.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.03% of the stock is owned by company insiders.

Exxon Mobil Stock Up 1.4%

Shares of Exxon Mobil stock opened at $124.60 on Monday. The company has a quick ratio of 0.79, a current ratio of 1.14 and a debt-to-equity ratio of 0.12. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $125.93. The company has a market capitalization of $525.44 billion, a P/E ratio of 18.11, a P/E/G ratio of 7.77 and a beta of 0.37. The company has a 50 day moving average of $118.05 and a 200 day moving average of $113.95.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. The business had revenue of $57.55 billion for the quarter. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. As a group, research analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th were issued a dividend of $1.03 per share. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date of this dividend was Friday, November 14th. This represents a $4.12 dividend on an annualized basis and a yield of 3.3%. Exxon Mobil’s dividend payout ratio (DPR) is presently 59.88%.

Trending Headlines about Exxon Mobil

Here are the key news stories impacting Exxon Mobil this week:

Exxon Mobil Profile

(Free Report)

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

Read More

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

Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.