Northwest Financial Advisors Grows Holdings in Exxon Mobil Co. (NYSE:XOM)

Northwest Financial Advisors raised its position in shares of Exxon Mobil Co. (NYSE:XOMFree Report) by 11.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 6,059 shares of the oil and gas company’s stock after purchasing an additional 626 shares during the period. Northwest Financial Advisors’ holdings in Exxon Mobil were worth $652,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of XOM. International Assets Investment Management LLC grew its position in shares of Exxon Mobil by 7,761.0% during the third quarter. International Assets Investment Management LLC now owns 6,893,677 shares of the oil and gas company’s stock worth $808,077,000 after purchasing an additional 6,805,982 shares in the last quarter. Pacer Advisors Inc. boosted its position in shares of Exxon Mobil by 1,524.1% during the fourth quarter. Pacer Advisors Inc. now owns 5,445,922 shares of the oil and gas company’s stock valued at $585,818,000 after buying an additional 5,110,603 shares during the period. Franklin Resources Inc. grew its position in Exxon Mobil by 16.3% in the 3rd quarter. Franklin Resources Inc. now owns 31,522,556 shares of the oil and gas company’s stock valued at $3,936,929,000 after acquiring an additional 4,415,012 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in Exxon Mobil by 168.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 4,530,457 shares of the oil and gas company’s stock worth $531,060,000 after buying an additional 2,842,844 shares during the period. Finally, Geode Capital Management LLC raised its stake in shares of 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 valued at $10,777,735,000 after acquiring an additional 1,622,064 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Stock Performance

Shares of Exxon Mobil stock opened at $109.48 on Friday. The firm has a market capitalization of $481.18 billion, a P/E ratio of 13.63, a PEG ratio of 2.86 and a beta of 0.91. Exxon Mobil Co. has a 52 week low of $100.42 and a 52 week high of $126.34. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. The company has a 50 day moving average price of $110.91 and a 200 day moving average price of $115.33.

Exxon Mobil (NYSE:XOMGet Free Report) last posted its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.91 by $0.01. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The business had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.98 billion. During the same period in the previous year, the firm posted $2.27 earnings per share. The business’s revenue for the quarter was down .8% compared to the same quarter last year. Sell-side analysts expect that Exxon Mobil Co. will post 7.77 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on XOM shares. UBS Group dropped their price target on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. Wolfe Research raised their target price on shares of Exxon Mobil from $137.00 to $138.00 in a research report on Thursday, October 31st. Piper Sandler lowered their price target on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating for the company in a research report on Thursday, December 19th. TD Cowen cut their price objective on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a report on Monday, December 16th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $115.00 target price on shares of Exxon Mobil in a report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $128.84.

Check Out Our Latest Research Report on XOM

Exxon Mobil Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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