Exxon Mobil Co. (NYSE:XOM) is Public Employees Retirement System of Ohio's 10th Largest Position

Public Employees Retirement System of Ohio lowered its position in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 1.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,063,085 shares of the oil and gas company's stock after selling 25,625 shares during the quarter. Exxon Mobil accounts for about 1.0% of Public Employees Retirement System of Ohio's investment portfolio, making the stock its 10th biggest holding. Public Employees Retirement System of Ohio's holdings in Exxon Mobil were worth $241,835,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in XOM. Vertex Planning Partners LLC boosted its position in Exxon Mobil by 3.1% during the third quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company's stock worth $326,000 after purchasing an additional 83 shares in the last quarter. Etfidea LLC boosted its position in Exxon Mobil by 3.3% during the second quarter. Etfidea LLC now owns 2,669 shares of the oil and gas company's stock worth $307,000 after purchasing an additional 85 shares in the last quarter. Bigelow Investment Advisors LLC boosted its position in Exxon Mobil by 0.6% during the second quarter. Bigelow Investment Advisors LLC now owns 13,543 shares of the oil and gas company's stock worth $1,559,000 after purchasing an additional 86 shares in the last quarter. Integral Investment Advisors Inc. boosted its position in Exxon Mobil by 2.1% during the second quarter. Integral Investment Advisors Inc. now owns 4,207 shares of the oil and gas company's stock worth $483,000 after purchasing an additional 87 shares in the last quarter. Finally, CBIZ Investment Advisory Services LLC lifted its position in shares of Exxon Mobil by 15.2% in the second quarter. CBIZ Investment Advisory Services LLC now owns 660 shares of the oil and gas company's stock valued at $76,000 after acquiring an additional 87 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. raised their target price on Exxon Mobil from $127.00 to $128.00 in a research report on Thursday, October 31st. Royal Bank of Canada decreased their target price on Exxon Mobil from $120.00 to $115.00 and set a "sector perform" rating on the stock in a research report on Tuesday, November 26th. Barclays decreased their target price on Exxon Mobil from $142.00 to $137.00 and set an "overweight" rating on the stock in a research report on Thursday, October 3rd. Morgan Stanley decreased their target price on Exxon Mobil from $142.00 to $140.00 in a research report on Thursday, October 31st. Finally, BNP Paribas downgraded Exxon Mobil from a "neutral" rating to an "underperform" rating and set a $105.00 price objective on the stock. in a research report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $129.95.

Exxon Mobil Trading Down 0.3 %

Shares of NYSE XOM traded down $0.37 during trading on Monday, reaching $113.20. The stock had a trading volume of 10,914,769 shares, compared to its average volume of 16,201,658. 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 business's 50-day moving average price is $119.77 and its 200-day moving average price is $116.47. The company has a market cap of $497.53 billion, a P/E ratio of 14.28, a PEG ratio of 4.77 and a beta of 0.89.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.91 by $0.01. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The firm had revenue of $90.02 billion during the quarter, compared to analysts' expectations of $93.98 billion. During the same period in the previous year, the firm posted $2.27 EPS. Exxon Mobil's revenue for the quarter was down .8% on a year-over-year basis. On average, equities research analysts predict that Exxon Mobil Co. will post 7.94 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Thursday, November 14th will be paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.50%. This is a boost from Exxon Mobil's previous quarterly dividend of $0.95. The ex-dividend date is Thursday, November 14th. Exxon Mobil's payout ratio is presently 49.32%.

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.