Exxon Mobil Corporation (NYSE:XOM) is expected to pay $0.75 on Dec 9, 2016. The indicated annual dividend is $3.00. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on Exxon Mobil Corporation’s current price of $84.81, the dividend is 0.88%. This dividend’s record date is Nov 10, 2016 and the announcement date is Oct 26, 2016. About 635 shares traded hands. Exxon Mobil Corporation (NYSE:XOM) has risen 1.65% since April 5, 2016 and is uptrending. It has underperformed by 0.30% the S&P500.
Exxon Mobil Corporation is an energy company. The company has a market cap of $347.91 billion. The Firm is engaged in the exploration and production of natural gas and crude oil, manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. It has a 39.06 P/E ratio. The Firm also makes and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and various specialty products.
Insitutional Activity: The institutional sentiment decreased to 0.91 in Q2 2016. Its down 0.22, from 1.13 in 2016Q1. The ratio worsened, as 64 funds sold all Exxon Mobil Corporation shares owned while 811 reduced positions. 93 funds bought stakes while 702 increased positions. They now own 2.05 billion shares or 3.72% less from 2.13 billion shares in 2016Q1.
Haverford Financial Service holds 2.97% of its portfolio in Exxon Mobil Corporation (NYSE:XOM) for 74,929 shares. Brown Advisory, a Maryland-based fund reported 2.84 million shares. Jarislowsky Fraser Ltd holds 1.13% or 1.74 million shares in its portfolio. St Johns Investment Company Ltd Liability Company holds 23,612 shares or 1.99% of its portfolio. Finemark Retail Bank & Tru last reported 224,348 shares in the company. Bridges Investment Counsel last reported 48,920 shares in the company. Pnc Financial Serv Group Incorporated Inc accumulated 20.74M shares or 2.28% of the stock. Pictet And Cie (Europe) Sa accumulated 0.24% or 12,390 shares. Kahn Brothers Gp De last reported 0% of its portfolio in the stock. Joel Isaacson And Co Ltd Liability Co holds 0.91% or 45,516 shares in its portfolio. Signaturefd Ltd Liability Corporation holds 0.54% or 39,518 shares in its portfolio. Stonehearth Capital Ltd Llc holds 8,970 shares or 0.66% of its portfolio. First Foundation last reported 43,635 shares in the company. Merriman Wealth Mngmt Ltd Limited Liability Company, a Washington-based fund reported 60,686 shares. The Alabama-based Wealthtrust has invested 0.21% in Exxon Mobil Corporation (NYSE:XOM).
Insider Transactions: Since June 6, 2016, the stock had 0 insider buys, and 3 sales for $2.83 million net activity. $1.22M worth of Exxon Mobil Corporation (NYSE:XOM) was sold by Franklin Robert Stuart on Wednesday, August 24. On Tuesday, June 7 Corson Bradley W sold $544,860 worth of the stock or 6,000 shares. Another trade for 12,000 shares valued at $1.07 million was sold by Chapman Neil A.
Exxon Mobil Corporation (NYSE:XOM) Ratings Coverage
Out of 17 analysts covering Exxon Mobil (NYSE:XOM), 5 rate it a “Buy”, 5 “Sell”, while 7 “Hold”. This means 29% are positive. Exxon Mobil has been the topic of 37 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Credit Suisse maintained the stock with “Underperform” rating in Monday, May 2 report. The company was maintained on Monday, May 2 by UBS. The rating was initiated by Nomura with “Reduce” on Friday, March 18. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Strong-Buy” rating given on Wednesday, August 12 by Vetr. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Equal Weight” rating by Barclays Capital on Tuesday, January 12. The company was initiated on Tuesday, December 15 by Credit Agricole. Citigroup maintained Exxon Mobil Corporation (NYSE:XOM) on Wednesday, August 19 with “Hold” rating. The rating was maintained by TD Securities on Thursday, August 6 with “Hold”. The firm has “Sell” rating given on Tuesday, January 26 by Tudor Pickering. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Equal-Weight” rating given on Monday, October 12 by Barclays Capital.
More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Investorplace.com which released: “3 Reasons Exxon Mobil Corporation (XOM) Is Dead Money” on November 02, 2016, also Reuters.com with their article: “Exxon Mobil profit drops 38 percent but beats estimates” published on October 28, 2016, Streetinsider.com published: “InterOil Corp. (IOC) Offers Update on ExxonMobil (XOM) Transaction; Says Yukon …” on November 04, 2016. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Investorplace.com and their article: “Exxon Mobil Corporation (XOM) Stock: The Good, the Bad and the Ugly” published on October 31, 2016 as well as Businesswire.com‘s news article titled: “Exxon Mobil Corporation Declares Fourth Quarter Dividend” with publication date: October 26, 2016.
XOM Company Profile
Exxon Mobil Corporation, incorporated on August 5, 1882, is an energy company. The Firm is engaged in the exploration and production of natural gas and crude oil, manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. The Firm also makes and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and various specialty products. The Firm operates through the Upstream, Downstream, Chemical, and Corporate and Financing divisions. The Upstream segment operates explores for and produces natural gas and crude oil. The Downstream segment makes and sells petroleum products. The Chemical segment makes and sells petrochemicals. The Company’s projects include the Kearl project, Heidelberg project, the Point Thomson project, the Hadrian South project, the Lucius project, Azeri-Chirag-Gunashli field, the Barzan project, the Arkutun-Dagi project, and the Upper Zakum 750 project, among others.
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