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Dubuque Bank & Trust Co. increased its holdings in Exxon Mobil Co. (NYSE: XOM) by 15.0% in the second quarter, according to its latest 13F filing with the SEC. The fund held 70,979 shares of the oil and gas company after purchasing 9,281 additional shares during the quarter. The badets of Exxon Mobil of Dubuque Bank & Trust Co. were $ 5,872,000 at the end of the last quarter.
A number of other major investors have also changed their holdings in the company. First Eagle Investment Management LLC increased its interest in Exxon Mobil shares by 43.0% in the first quarter. First Eagle Investment Management LLC now holds 18,085,596 shares of the oil and gas company valued at $ 1,349,366,000 after the purchase of an additional 5,440,411 shares during the period. Eaton Vance Management increased its stake in Exxon Mobil shares by 53.6% in the first quarter. Eaton Vance Management now holds 8,984,456 shares valued at $ 670,382,000 after purchasing an additional 3,136,452 shares during the period. BlackRock Inc. increased its interest in Exxon Mobil shares by 1.2% in the first quarter. BlackRock Inc. now holds 260,822,111 shares of the oil and gas company valued at $ 19,459,936,000 after purchasing an additional 2,982,610 shares during the period. OppenheimerFunds Inc. increased its stake in Exxon Mobil shares by 224.5% in the first quarter. OppenheimerFunds Inc. now holds 3,772,320 shares in the oil and gas company valued at $ 281,452,000 following the purchase of an additional 2,609,710 shares during the period. Finally, New York Bank Mellon Corp increased its stake in Exxon Mobil shares by 4.7% in the fourth quarter. New York Bank, Mellon Corp, now holds 55,508,146 shares of the US $ 4,642,701,000 oil and gas company, following the purchase of 2,474,965 additional shares over the period. 52.52% of the capital belongs to institutional investors and hedge funds.
In addition, Vice President Bradley W. Corson sold 15,000 shares of the transaction in a transaction on Wednesday, September 19. The stock was sold at an average price of $ 84.02, for a total transaction of $ 1,260,300.00. As a result of the sale, the Vice-President now holds 214,774 shares of the Company, valued at approximately $ 18,045,311.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, accessible via this link. 0.08% of the stock belongs to insiders.
A number of equity research badysts have published reports about the company. Societe Generale set a price target of $ 92.00 on Exxon Mobil and awarded the company a "buy" rating in a research note on Wednesday, September 26th. Wells Fargo & Co reiterated the "neutral" rating and set a price target of $ 88.00 for Exxon Mobil shares in a research note on Wednesday, September 26th. BNP Paribas set a price target of $ 85.00 on Exxon Mobil and awarded the company a "sell" rating in a research note on Thursday, October 4th. Credit Suisse Group reiterated the "neutral" rating and set a price target of $ 80.00 on Exxon Mobil shares in a research note on Tuesday (October 2nd). Finally, Jefferies Financial Group reiterated the "neutral" rating and set a price target of $ 87.00 on Exxon Mobil shares in a research note on Friday, September 28. Five investment badysts badigned a security rating, 14 awarded a purchase rating, and one rated the stock as high. The stock currently has an average rating of "Keep" and an average price target of $ 87.08.
XOM shares traded up $ 0.12 at Friday's trading session at $ 81.97. 11,689,700 shares were exchanged, compared with an average volume of 12,975,720 shares. The market's market capitalization is $ 345.35 billion, with a price / earnings ratio of 22.91, a price / earnings ratio of 1.34 and a beta of 0.87. Exxon Mobil Co. has a minimum of 52 weeks of $ 72.15 and a high of 89 weeks of $ 89.30. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.81 and a fast ratio of 0.51.
Exxon Mobil (NYSE: XOM) released its quarterly results on Friday, July 27. The oil and gas company reported earnings per share (EPS) of $ 0.92 for the quarter, but did not estimate the consensus set by Thomson Reuters at $ 1.26 ($ 0.34). The company had sales of $ 73.50 billion for the quarter, while badysts expected $ 71.66 billion. Exxon Mobil has a return on equity of 8.45% and a net margin of 7.64%. The company's sales increased by 26.6% year-on-year. During the same period last year, the company achieved earnings per share of $ 0.78. Analysts on the sellers' side expect on average that Exxon Mobil Co. will record earnings per share of 4.57 for the current fiscal year.
Exxon Mobil Profile
Exxon Mobil Corporation explores and produces crude oil and natural gas in the United States, Canada / Other Americas, Europe, Africa, Asia and Australia / Oceania. It operates in the upstream, downstream and chemical sectors. The company also manufactures petroleum products; manufactures and markets basic petrochemicals, including olefins, aromatics, polyethylene and polypropylene, and a variety of specialty products; and transports and sells crude oil, natural gas and petroleum products.
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