Banque Cantonale Vaudoise Has $7.88 Million Stake in Exxon Mobil Co. (NYSE:XOM)

Banque Cantonale Vaudoise lessened its holdings in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 25.2% in the third quarter, according to its most recent filing with the SEC. The firm owned 67,225 shares of the oil and gas company's stock after selling 22,691 shares during the period. Banque Cantonale Vaudoise's holdings in Exxon Mobil were worth $7,880,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Fairway Wealth LLC acquired a new position in shares of Exxon Mobil in the 2nd quarter valued at $35,000. Anfield Capital Management LLC increased its holdings in shares of Exxon Mobil by 360.0% in the second quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company's stock worth $37,000 after acquiring an additional 252 shares in the last quarter. Fairscale Capital LLC acquired a new stake in Exxon Mobil during the 2nd quarter worth approximately $39,000. POM Investment Strategies LLC raised its holdings in shares of Exxon Mobil by 918.9% during the second quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company's stock worth $43,000 after acquiring an additional 340 shares during the period. Finally, Hershey Financial Advisers LLC bought a new stake in Exxon Mobil in the 2nd quarter valued at $46,000. 61.80% of the stock is owned by institutional investors.

Exxon Mobil Stock Performance

Shares of XOM stock traded down $1.68 on Tuesday, hitting $118.63. The company's stock had a trading volume of 11,575,066 shares, compared to its average volume of 16,304,970. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $126.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. The stock's 50 day moving average is $118.59 and its 200-day moving average is $116.42. The company has a market capitalization of $521.39 billion, a PE ratio of 14.82, a PEG ratio of 5.00 and a beta of 0.90.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, topping analysts' consensus estimates of $1.91 by $0.01. The firm had revenue of $90.02 billion for the quarter, compared to analyst estimates of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The company's revenue was down .8% on a year-over-year basis. During the same quarter last year, the company earned $2.27 EPS. Equities research analysts expect that Exxon Mobil Co. will post 7.95 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th will be issued a $0.99 dividend. This is a positive change from Exxon Mobil's previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a yield of 3.34%. The ex-dividend date of this dividend is Thursday, November 14th. Exxon Mobil's dividend payout ratio (DPR) is currently 49.32%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. BMO Capital Markets increased their price objective on Exxon Mobil from $127.00 to $130.00 and gave the stock a "market perform" rating in a report on Friday, October 4th. Scotiabank raised shares of Exxon Mobil from a "sector perform" rating to a "sector outperform" rating and boosted their price objective for the stock from $129.00 to $145.00 in a research report on Thursday, October 10th. TD Cowen lifted their price target on shares of Exxon Mobil from $127.00 to $132.00 and gave the company a "buy" rating in a research note on Tuesday. Morgan Stanley reduced their price objective on shares of Exxon Mobil from $142.00 to $140.00 in a research note on Thursday, October 31st. Finally, BNP Paribas downgraded Exxon Mobil from a "neutral" rating to an "underperform" rating and set a $105.00 target price on the stock. in a research report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $130.21.

Exxon Mobil Company Profile

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.