Exxon Mobil Co. (XOM) Position Boosted by Schwartz Investment Counsel Inc.

Schwartz Investment Counsel Inc. raised its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 1.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 302,188 shares of the oil and gas company’s stock after acquiring an additional 5,174 shares during the period. Exxon Mobil makes up about 1.5% of Schwartz Investment Counsel Inc.’s investment portfolio, making the stock its 24th largest position. Schwartz Investment Counsel Inc.’s holdings in Exxon Mobil were worth $24,773,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Exxon Mobil by 3.5% in the 2nd quarter. Vanguard Group Inc. now owns 309,411,379 shares of the oil and gas company’s stock worth $24,978,780,000 after purchasing an additional 10,366,636 shares in the last quarter. First Eagle Investment Management LLC boosted its holdings in shares of Exxon Mobil by 136,463.4% in the 2nd quarter. First Eagle Investment Management LLC now owns 7,139,533 shares of the oil and gas company’s stock worth $576,374,000 after purchasing an additional 7,134,305 shares in the last quarter. Harbour Capital Advisors LLC boosted its holdings in shares of Exxon Mobil by 8,029.5% in the 2nd quarter. Harbour Capital Advisors LLC now owns 3,741,755 shares of the oil and gas company’s stock worth $46,349,000 after purchasing an additional 3,695,728 shares in the last quarter. APG Asset Management N.V. boosted its holdings in shares of Exxon Mobil by 22.6% in the 3rd quarter. APG Asset Management N.V. now owns 13,818,741 shares of the oil and gas company’s stock worth $1,132,860,000 after purchasing an additional 2,546,570 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its holdings in shares of Exxon Mobil by 365.5% in the 2nd quarter. Janus Henderson Group PLC now owns 2,658,225 shares of the oil and gas company’s stock worth $214,591,000 after purchasing an additional 2,087,165 shares in the last quarter. Institutional investors and hedge funds own 51.05% of the company’s stock.

In other Exxon Mobil news, VP Neil A. Chapman sold 12,000 shares of the company’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $83.05, for a total transaction of $996,600.00. Following the completion of the transaction, the vice president now owns 291,385 shares of the company’s stock, valued at approximately $24,199,524.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Robert N. Schleckser sold 5,601 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $83.93, for a total value of $470,091.93. Following the transaction, the vice president now directly owns 187,663 shares of the company’s stock, valued at approximately $15,750,555.59. The disclosure for this sale can be found here. Insiders have sold a total of 51,357 shares of company stock valued at $4,273,910 in the last ninety days. 0.08% of the stock is currently owned by corporate insiders.

A number of research firms have recently issued reports on XOM. BMO Capital Markets upped their price objective on Exxon Mobil to $85.00 and gave the stock a “market perform” rating in a report on Wednesday. Wells Fargo & Co set a $88.00 price objective on Exxon Mobil and gave the stock a “neutral” rating in a report on Thursday. BNP Paribas set a $70.00 price objective on Exxon Mobil and gave the stock a “sell” rating in a report on Monday, September 25th. Vetr cut Exxon Mobil from a “buy” rating to a “hold” rating and set a $86.54 price objective for the company. in a report on Tuesday, January 2nd. Finally, JPMorgan Chase & Co. set a $83.00 price objective on Exxon Mobil and gave the stock a “neutral” rating in a report on Monday, January 8th. Six equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $86.54.

Exxon Mobil Co. (XOM) opened at $87.52 on Friday. The company has a market capitalization of $370,830.00, a P/E ratio of 28.51, a price-to-earnings-growth ratio of 1.42 and a beta of 0.82. The company has a current ratio of 0.85, a quick ratio of 0.54 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a 52-week low of $76.05 and a 52-week high of $87.99.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, October 27th. The oil and gas company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. The business had revenue of $66.17 billion during the quarter, compared to analyst estimates of $63.51 billion. Exxon Mobil had a return on equity of 8.21% and a net margin of 5.14%. During the same quarter in the prior year, the company posted $0.63 EPS. equities research analysts forecast that Exxon Mobil Co. will post 3.66 earnings per share for the current fiscal year.

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Exxon Mobil Profile

Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.

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

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