Sonora Investment Management Group LLC Has $7.24 Million Stock Position in Exxon Mobil Co. (NYSE:XOM)

Sonora Investment Management Group LLC lifted its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 1.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 67,341 shares of the oil and gas company’s stock after buying an additional 858 shares during the period. Sonora Investment Management Group LLC’s holdings in Exxon Mobil were worth $7,244,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. Global Wealth Management Investment Advisory Inc. increased its holdings in Exxon Mobil by 10.7% in the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 47,195 shares of the oil and gas company’s stock worth $5,532,000 after purchasing an additional 4,578 shares in the last quarter. Helen Stephens Group LLC increased its holdings in Exxon Mobil by 7.3% in the 4th quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company’s stock worth $4,479,000 after purchasing an additional 2,825 shares in the last quarter. Brooklyn Investment Group increased its holdings in Exxon Mobil by 36.8% in the 3rd quarter. Brooklyn Investment Group now owns 25,127 shares of the oil and gas company’s stock worth $2,945,000 after purchasing an additional 6,753 shares in the last quarter. Parthenon LLC increased its holdings in Exxon Mobil by 2.4% in the 3rd quarter. Parthenon LLC now owns 191,590 shares of the oil and gas company’s stock worth $22,458,000 after purchasing an additional 4,445 shares in the last quarter. Finally, Hilltop Holdings Inc. increased its holdings in Exxon Mobil by 41.3% in the 3rd quarter. Hilltop Holdings Inc. now owns 76,288 shares of the oil and gas company’s stock worth $8,942,000 after purchasing an additional 22,296 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Trading Down 2.5 %

Shares of XOM stock opened at $106.82 on Monday. Exxon Mobil Co. has a 52-week low of $100.42 and a 52-week high of $126.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. The firm has a market capitalization of $469.48 billion, a PE ratio of 13.30, a PEG ratio of 2.84 and a beta of 0.91. The stock has a fifty day simple moving average of $110.36 and a two-hundred day simple moving average of $115.23.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. During the same period in the previous year, the business posted $2.48 EPS. On average, analysts predict that Exxon Mobil Co. will post 7.74 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on XOM shares. Mizuho reduced their price target on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th. Morgan Stanley upped their price target on Exxon Mobil from $139.00 to $140.00 in a research report on Friday. Bernstein Bank upped their price target on Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research report on Friday. The Goldman Sachs Group cut their target price on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research report on Friday. Finally, Truist Financial increased their price target on Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, January 13th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $129.30.

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.