Douglass Winthrop Advisors LLC Has $10.19 Million Stake in Exxon Mobil Co. (NYSE:XOM)

Douglass Winthrop Advisors LLC boosted its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 2.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 86,921 shares of the oil and gas company’s stock after buying an additional 1,802 shares during the quarter. Douglass Winthrop Advisors LLC’s holdings in Exxon Mobil were worth $10,189,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Vertex Planning Partners LLC increased its position in Exxon Mobil by 3.1% during the 3rd quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company’s stock valued at $326,000 after purchasing an additional 83 shares during the period. Etfidea LLC boosted its stake in shares of Exxon Mobil by 3.3% in the 2nd quarter. Etfidea LLC now owns 2,669 shares of the oil and gas company’s stock valued at $307,000 after purchasing an additional 85 shares during the last quarter. Bigelow Investment Advisors LLC increased its position in shares of 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 buying an additional 86 shares during the period. Integral Investment Advisors Inc. raised its stake 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 buying an additional 87 shares during the last quarter. Finally, CBIZ Investment Advisory Services LLC lifted its holdings in 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 buying an additional 87 shares during the period. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Down 0.1 %

Shares of Exxon Mobil stock opened at $121.79 on Monday. The company has a market capitalization of $535.28 billion, a P/E ratio of 15.17, a price-to-earnings-growth ratio of 5.10 and a beta of 0.90. The stock has a fifty day simple moving average of $119.39 and a 200 day simple moving average of $116.55. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $126.34. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.91 by $0.01. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The company had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.98 billion. During the same quarter in the prior year, the company posted $2.27 earnings per share. The firm’s revenue for the quarter was down .8% on a year-over-year basis. On average, sell-side analysts anticipate that Exxon Mobil Co. will post 7.96 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th will be issued a $0.99 dividend. The ex-dividend date is Thursday, November 14th. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a dividend yield of 3.25%. Exxon Mobil’s dividend payout ratio is currently 49.32%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. UBS Group decreased their price target on Exxon Mobil from $157.00 to $149.00 and set a “buy” rating for the company in a report on Wednesday, September 18th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $120.00 target price on shares of Exxon Mobil in a research note on Monday, November 4th. BNP Paribas lowered Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price target on the stock. in a research note on Wednesday, October 9th. Scotiabank upgraded Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and increased their price target for the stock from $129.00 to $145.00 in a report on Thursday, October 10th. Finally, Bank of America began coverage on shares of Exxon Mobil in a research note on Thursday, October 17th. They issued a “neutral” rating and a $124.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $130.21.

About Exxon Mobil

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.