Court Place Advisors LLC Has $3.86 Million Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Court Place Advisors LLC lowered its position in shares of Exxon Mobil Co. (NYSE:XOM) by 14.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 35,897 shares of the oil and gas company’s stock after selling 5,825 shares during the quarter. Exxon Mobil comprises 1.3% of Court Place Advisors LLC’s holdings, making the stock its 21st biggest position. Court Place Advisors LLC’s holdings in Exxon Mobil were worth $3,861,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of XOM. FMR LLC lifted its position in shares of Exxon Mobil by 0.3% during the 3rd quarter. FMR LLC now owns 151,863,649 shares of the oil and gas company’s stock valued at $17,801,457,000 after acquiring an additional 395,218 shares during the period. Geode Capital Management LLC lifted its position in Exxon Mobil by 1.8% during the third quarter. Geode Capital Management LLC now owns 92,194,981 shares of the oil and gas company’s stock worth $10,777,735,000 after purchasing an additional 1,622,064 shares during the period. Franklin Resources Inc. grew its stake in Exxon Mobil by 16.3% during the third quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company’s stock worth $3,936,929,000 after buying an additional 4,415,012 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Exxon Mobil by 0.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 31,160,117 shares of the oil and gas company’s stock valued at $3,652,589,000 after buying an additional 146,374 shares during the period. Finally, Fisher Asset Management LLC raised its position in shares of Exxon Mobil by 3.4% in the 3rd quarter. Fisher Asset Management LLC now owns 29,197,557 shares of the oil and gas company’s stock valued at $3,422,538,000 after buying an additional 949,875 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Analyst Ratings Changes

XOM has been the topic of a number of recent analyst reports. BNP Paribas cut shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price objective on the stock. in a research note on Wednesday, October 9th. The Goldman Sachs Group lifted their price target on Exxon Mobil from $118.00 to $120.00 in a research note on Thursday, October 31st. Barclays dropped their price objective on Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating for the company in a research report on Thursday, October 3rd. Truist Financial lifted their target price on Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a research report on Monday, January 13th. Finally, Scotiabank raised shares of Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and increased their target price for the stock from $129.00 to $145.00 in a report on Thursday, October 10th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Exxon Mobil currently has a consensus rating of “Moderate Buy” and a consensus price target of $128.84.

Exxon Mobil Trading Up 0.7 %

NYSE XOM opened at $109.48 on Friday. Exxon Mobil Co. has a 12 month low of $100.42 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. The firm has a market capitalization of $481.18 billion, a PE ratio of 13.63, a price-to-earnings-growth ratio of 2.86 and a beta of 0.91. The business’s 50-day moving average price is $110.91 and its two-hundred day moving average price is $115.33.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.91 by $0.01. The business had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The company’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.27 EPS. On average, analysts expect that Exxon Mobil Co. will post 7.77 EPS for the current year.

Exxon Mobil 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.