Retirement Planning Group continued to hold its stake in shares of Exxon Mobil Corp. (NYSE:XOM) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,447 shares of the company’s stock at the end of the second quarter. Retirement Planning Group’s holdings in Exxon Mobil Corp. were worth $511,000 at the end of the most recent quarter.
A number of other hedge funds have also made changes to their positions in XOM. NewSquare Capital LLC increased its stake in shares of Exxon Mobil Corp. by 2.1% in the second quarter. NewSquare Capital LLC now owns 1,603 shares of the company’s stock worth $150,000 after buying an additional 33 shares during the period. Proficio Capital Partners LLC increased its stake in shares of Exxon Mobil Corp. by 189.9% in the second quarter. Proficio Capital Partners LLC now owns 2,215 shares of the company’s stock worth $200,000 after buying an additional 1,451 shares during the period. Investment House LLC acquired a new stake in shares of Exxon Mobil Corp. during the second quarter worth about $206,000. Banced Corp increased its stake in shares of Exxon Mobil Corp. by 7.5% in the second quarter. Banced Corp now owns 2,832 shares of the company’s stock worth $210,000 after buying an additional 197 shares during the period. Finally, Provident Trust Co. acquired a new stake in shares of Exxon Mobil Corp. during the second quarter worth about $210,000. 50.42% of the stock is owned by institutional investors.
Exxon Mobil Corp. (NYSE:XOM) traded down 0.02% during mid-day trading on Friday, hitting $86.54. The stock had a trading volume of 7,991,654 shares. The firm’s 50-day moving average is $86.20 and its 200 day moving average is $88.37. The stock has a market cap of $358.85 billion, a PE ratio of 34.37 and a beta of 0.83. Exxon Mobil Corp. has a one year low of $71.55 and a one year high of $95.55.
Exxon Mobil Corp. (NYSE:XOM) last issued its earnings results on Friday, July 29th. The company reported $0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by $0.23. The company had revenue of $57.69 billion for the quarter, compared to analyst estimates of $60.23 billion. Exxon Mobil Corp. had a net margin of 4.51% and a return on equity of 5.94%. The company’s quarterly revenue was down 22.2% on a year-over-year basis. During the same period last year, the business earned $1.00 EPS. Equities research analysts expect that Exxon Mobil Corp. will post $2.28 EPS for the current year.
XOM has been the topic of a number of research analyst reports. Vetr cut Exxon Mobil Corp. from a “buy” rating to a “hold” rating and set a $89.16 target price on the stock. in a research report on Wednesday, September 28th. HSBC set a $86.00 target price on Exxon Mobil Corp. and gave the stock a “neutral” rating in a research report on Tuesday, June 28th. Societe Generale set a $105.00 target price on Exxon Mobil Corp. and gave the stock a “buy” rating in a research report on Monday, August 15th. Goldman Sachs Group Inc. set a $98.00 target price on Exxon Mobil Corp. and gave the stock a “buy” rating in a research report on Monday, August 1st. Finally, Barclays PLC reiterated an “equal weight” rating and set a $102.00 target price on shares of Exxon Mobil Corp. in a research report on Thursday, July 28th. Eight investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $87.77.
In other news, VP Robert Stuart Franklin sold 13,855 shares of the firm’s stock in a transaction on Wednesday, August 24th. The shares were sold at an average price of $87.93, for a total transaction of $1,218,270.15. Following the transaction, the vice president now owns 213,256 shares in the company, valued at approximately $18,751,600.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.14% of the company’s stock.
About Exxon Mobil Corp.
Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas, manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. The Company also manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and various specialty products.
Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Corp. (NYSE:XOM).
Receive News & Ratings for Exxon Mobil Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil Corp. and related companies with MarketBeat.com's FREE daily email newsletter.