Rothschild Investment Corp IL Has $3.71 Million Holdings in Exxon Mobil Co. (NYSE:XOM)

Rothschild Investment Corp IL increased its stake in Exxon Mobil Co. (NYSE:XOM) by 4.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 52,543 shares of the oil and gas company’s stock after purchasing an additional 2,210 shares during the period. Rothschild Investment Corp IL’s holdings in Exxon Mobil were worth $3,710,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in XOM. Canandaigua National Bank & Trust Co. boosted its stake in shares of Exxon Mobil by 1.3% during the 2nd quarter. Canandaigua National Bank & Trust Co. now owns 262,510 shares of the oil and gas company’s stock worth $20,116,000 after buying an additional 3,357 shares during the last quarter. Krueger & Catalano Capital Partners LLC raised its holdings in shares of Exxon Mobil by 61.2% in the 2nd quarter. Krueger & Catalano Capital Partners LLC now owns 11,920 shares of the oil and gas company’s stock valued at $913,000 after purchasing an additional 4,525 shares during the period. Chesley Taft & Associates LLC raised its holdings in shares of Exxon Mobil by 0.8% in the 2nd quarter. Chesley Taft & Associates LLC now owns 176,792 shares of the oil and gas company’s stock valued at $13,548,000 after purchasing an additional 1,440 shares during the period. Mount Vernon Associates Inc. MD raised its holdings in shares of Exxon Mobil by 83.4% in the 2nd quarter. Mount Vernon Associates Inc. MD now owns 13,423 shares of the oil and gas company’s stock valued at $1,029,000 after purchasing an additional 6,103 shares during the period. Finally, Alpha Cubed Investments LLC raised its holdings in shares of Exxon Mobil by 2.0% in the 2nd quarter. Alpha Cubed Investments LLC now owns 250,007 shares of the oil and gas company’s stock valued at $19,158,000 after purchasing an additional 4,922 shares during the period. 54.42% of the stock is owned by hedge funds and other institutional investors.

In other Exxon Mobil news, VP Robert N. Schleckser sold 9,345 shares of the stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $70.84, for a total value of $661,999.80. Following the transaction, the vice president now directly owns 189,800 shares of the company’s stock, valued at approximately $13,445,432. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.05% of the stock is owned by corporate insiders.

A number of brokerages have recently issued reports on XOM. Berenberg Bank dropped their target price on shares of Exxon Mobil from $73.00 to $63.00 and set a “hold” rating on the stock in a report on Monday, October 7th. DZ Bank raised shares of Exxon Mobil from a “sell” rating to a “hold” rating and dropped their target price for the company from $72.00 to $70.00 in a report on Tuesday, August 6th. Barclays began coverage on shares of Exxon Mobil in a report on Monday, August 19th. They issued an “equal weight” rating and a $73.00 target price on the stock. Independent Research set a $74.00 target price on shares of Exxon Mobil and gave the company a “neutral” rating in a report on Thursday, August 29th. Finally, BMO Capital Markets began coverage on shares of Exxon Mobil in a report on Tuesday, August 20th. They issued a “market perform” rating and a $86.00 target price on the stock. Three research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and five have given a buy rating to the stock. Exxon Mobil presently has an average rating of “Hold” and a consensus price target of $80.52.

Exxon Mobil stock opened at $68.98 on Friday. The stock has a market cap of $285.35 billion, a P/E ratio of 13.99, a P/E/G ratio of 2.03 and a beta of 0.99. The company has a quick ratio of 0.47, a current ratio of 0.74 and a debt-to-equity ratio of 0.10. Exxon Mobil Co. has a twelve month low of $64.65 and a twelve month high of $83.75. The company’s 50-day moving average price is $70.04 and its two-hundred day moving average price is $74.66.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, August 2nd. The oil and gas company reported $0.73 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.68 by $0.05. The firm had revenue of $69.09 billion for the quarter, compared to analysts’ expectations of $64.47 billion. Exxon Mobil had a net margin of 6.30% and a return on equity of 9.16%. The business’s revenue was down 6.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.92 EPS. Equities analysts anticipate that Exxon Mobil Co. will post 3.04 earnings per share for the current fiscal year.

Exxon Mobil Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.

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

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