Exxon Mobil Co. (NYSE:XOM) Shares Sold by Invictus Private Wealth LLC

Invictus Private Wealth LLC lowered its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 4.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 125,184 shares of the oil and gas company's stock after selling 5,801 shares during the quarter. Exxon Mobil accounts for 1.2% of Invictus Private Wealth LLC's holdings, making the stock its 19th biggest position. Invictus Private Wealth LLC's holdings in Exxon Mobil were worth $14,674,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in XOM. Patron Partners LLC lifted its holdings in shares of Exxon Mobil by 7.4% in the 2nd quarter. Patron Partners LLC now owns 37,297 shares of the oil and gas company's stock valued at $4,294,000 after buying an additional 2,564 shares during the period. YHB Investment Advisors Inc. raised its position in Exxon Mobil by 5.9% during the second quarter. YHB Investment Advisors Inc. now owns 32,751 shares of the oil and gas company's stock valued at $3,770,000 after acquiring an additional 1,836 shares in the last quarter. Global Wealth Management Investment Advisory Inc. lifted its holdings in Exxon Mobil by 10.7% in the third quarter. Global Wealth Management Investment Advisory Inc. now owns 47,195 shares of the oil and gas company's stock valued at $5,532,000 after acquiring an additional 4,578 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its position in Exxon Mobil by 79.4% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 859,226 shares of the oil and gas company's stock worth $98,914,000 after purchasing an additional 380,399 shares in the last quarter. Finally, Blair William & Co. IL grew its stake in shares of Exxon Mobil by 64.6% during the 2nd quarter. Blair William & Co. IL now owns 967,618 shares of the oil and gas company's stock worth $111,392,000 after purchasing an additional 379,747 shares during the period. Hedge funds and other institutional investors own 61.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on XOM shares. BNP Paribas downgraded shares of Exxon Mobil from a "neutral" rating to an "underperform" rating and set a $105.00 price target on the stock. in a report on Wednesday, October 9th. JPMorgan Chase & Co. raised their target price on Exxon Mobil from $127.00 to $128.00 in a research report on Thursday, October 31st. Barclays reduced their price target on Exxon Mobil from $142.00 to $137.00 and set an "overweight" rating for the company in a report on Thursday, October 3rd. Scotiabank raised Exxon Mobil from a "sector perform" rating to a "sector outperform" rating and raised their price objective for the company from $129.00 to $145.00 in a report on Thursday, October 10th. Finally, Mizuho boosted their price objective on Exxon Mobil from $128.00 to $130.00 and gave the company a "neutral" rating in a research report on Monday, September 16th. 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 issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $129.95.

Exxon Mobil Trading Up 0.1 %

NYSE:XOM traded up $0.15 during trading hours on Thursday, hitting $121.15. The company had a trading volume of 11,942,660 shares, compared to its average volume of 16,400,365. Exxon Mobil Co. has a 1 year low of $95.77 and a 1 year high of $126.34. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average of $117.78 and a 200 day moving average of $116.36. The company has a market cap of $477.70 billion, a P/E ratio of 15.11, a P/E/G ratio of 4.96 and a beta of 0.90.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.91 by $0.01. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The firm had revenue of $90.02 billion during the quarter, compared to analysts' expectations of $93.98 billion. During the same period last year, the business earned $2.27 earnings per share. Exxon Mobil's revenue was down .8% compared to the same quarter last year. Sell-side analysts expect that Exxon Mobil Co. will post 7.97 earnings per share for the current year.

Exxon Mobil Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Thursday, November 14th will be given a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 3.27%. This is a positive change from Exxon Mobil's previous quarterly dividend of $0.95. The ex-dividend date is Thursday, November 14th. Exxon Mobil's dividend payout ratio is presently 47.32%.

Exxon Mobil 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.