Exxon Mobil Corp (NYSE:XOM) Institutional Investor Positioning Change

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Sentiment for Exxon Mobil Corp (NYSE:XOM)

Exxon Mobil Corp (NYSE:XOM) institutional sentiment increased to 0.93 in Q2 2018. Its up 0.12, from 0.81 in 2018Q1. The ratio has improved, as 752 institutional investors increased and opened new holdings, while 810 reduced and sold stakes in Exxon Mobil Corp. The institutional investors in our partner’s database now possess: 2.16 billion shares, up from 2.15 billion shares in 2018Q1. Also, the number of institutional investors holding Exxon Mobil Corp in their top 10 holdings increased from 225 to 292 for an increase of 67. Sold All: 42 Reduced: 768 Increased: 634 New Position: 118.

Exxon Mobil Corporation explores for and produces natural gas and crude oil in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. The company has market cap of $328.93 billion. The firm operates through Upstream, Downstream, and Chemical divisions. It has a 14.29 P/E ratio. It also makes petroleum products; makes and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plastics, as well as various specialty products; and transports and sells crude oil, natural gas, and petroleum products.

The stock decreased 0.40% or $0.31 during the last trading session, reaching $77.69. About 12.93M shares traded or 6.09% up from the average. Exxon Mobil Corporation (NYSE:XOM) has risen 4.57% since November 14, 2017 and is uptrending. It has underperformed by 11.05% the S&P500.

Salient Trust Co Lta holds 38.21% of its portfolio in Exxon Mobil Corporation for 3.99 million shares. Peddock Capital Advisors Llc owns 774,245 shares or 32.05% of their US portfolio. Moreover, Adams Natural Resources Fund Inc. has 17.88% invested in the company for 1.48 million shares. The United Kingdom-based Ruffer Llp has invested 13.18% in the stock. Srb Corp, a Massachusetts-based fund reported 1.25 million shares.

Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $1.26 million activity.

Exxon Mobil Corporation (NYSE:XOM) Ratings Coverage

Ratings analysis reveals 20% of Exxon Mobil’s analysts are positive. Out of 5 Wall Street analysts rating Exxon Mobil, 1 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $81 while the high is $87. The stock’s average target of $84.50 is 8.77% above today’s ($77.69) share price. XOM was included in 5 notes of analysts from May 30, 2018. Wells Fargo maintained Exxon Mobil Corporation (NYSE:XOM) rating on Tuesday, June 26. Wells Fargo has “Market Perform” rating and $86 target. The firm has “Buy” rating given on Wednesday, May 30 by RBC Capital Markets. The rating was maintained by Barclays Capital on Wednesday, July 11 with “Underweight”.

More important recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Seekingalpha.com which released: “Dutch government to cut Groningen gas production, eventually to zero” on November 14, 2018, also Investorplace.com published article titled: “5 Must-See Stock Charts for Wednesday: Oil’s Slippery Slope”, Seekingalpha.com published: “Why Not Buy ExxonMobil’s 4.1%-Yield For A High-Quality DGI Portfolio?” on November 13, 2018. More interesting news about Exxon Mobil Corporation (NYSE:XOM) was released by: Seekingalpha.com and their article: “Bloomberg: Chevron, Exxon weigh bids for Endeavor Energy” with publication date: November 13, 2018.

Exxon Mobil Corporation (NYSE:XOM) Institutional Positions Chart

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