Exxon Mobil Corporation (NYSE:XOM) Shares Sold by Blackhawk Capital Partners LLC.

Blackhawk Capital Partners LLC. trimmed its holdings in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 32.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,579 shares of the oil and gas company's stock after selling 10,850 shares during the quarter. Exxon Mobil accounts for approximately 1.4% of Blackhawk Capital Partners LLC.'s portfolio, making the stock its 17th biggest position. Blackhawk Capital Partners LLC.'s holdings in Exxon Mobil were worth $2,685,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of XOM. Norges Bank purchased a new stake in shares of Exxon Mobil in the 4th quarter valued at approximately $6,936,737,000. GAMMA Investing LLC increased its holdings in Exxon Mobil by 14,242.7% in the 1st quarter. GAMMA Investing LLC now owns 9,457,554 shares of the oil and gas company's stock valued at $1,124,787,000 after purchasing an additional 9,391,614 shares during the last quarter. Franklin Resources Inc. raised its position in Exxon Mobil by 13.1% in the fourth quarter. Franklin Resources Inc. now owns 35,662,602 shares of the oil and gas company's stock valued at $3,836,226,000 after purchasing an additional 4,140,046 shares during the period. Northern Trust Corp lifted its stake in Exxon Mobil by 7.0% during the fourth quarter. Northern Trust Corp now owns 46,017,358 shares of the oil and gas company's stock worth $4,950,087,000 after purchasing an additional 2,998,892 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Exxon Mobil during the fourth quarter worth $240,653,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil Stock Up 0.4%

NYSE XOM traded up $0.47 during trading on Friday, reaching $115.40. 11,683,034 shares of the company's stock were exchanged, compared to its average volume of 15,798,174. The company has a 50 day moving average price of $108.01 and a two-hundred day moving average price of $108.78. The stock has a market cap of $497.33 billion, a P/E ratio of 15.31, a price-to-earnings-growth ratio of 2.21 and a beta of 0.50. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $126.34. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.90 and a current ratio of 1.24.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.03. The firm had revenue of $83.13 billion during the quarter, compared to analysts' expectations of $86.11 billion. Exxon Mobil had a return on equity of 12.06% and a net margin of 9.49%. The firm's revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.06 earnings per share. On average, equities research analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th were issued a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.43%. The ex-dividend date was Thursday, May 15th. Exxon Mobil's payout ratio is 52.52%.

Analysts Set New Price Targets

Several research firms recently issued reports on XOM. Wall Street Zen raised Exxon Mobil from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. Barclays reissued a "hold" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Mizuho cut their target price on shares of Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating on the stock in a research note on Tuesday, May 13th. Morgan Stanley reduced their target price on shares of Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. Finally, Royal Bank Of Canada restated a "sector perform" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $126.05.

Exxon Mobil Company Profile

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.