Exxon Mobil Co. (NYSE:XOM) Shares Acquired by Buffington Mohr McNeal

Buffington Mohr McNeal boosted its holdings in Exxon Mobil Co. (NYSE:XOM) by 19.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,366 shares of the oil and gas company’s stock after purchasing an additional 1,373 shares during the quarter. Buffington Mohr McNeal’s holdings in Exxon Mobil were worth $900,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of Exxon Mobil by 9,314.1% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 790,781 shares of the oil and gas company’s stock worth $91,035,000 after purchasing an additional 782,381 shares during the last quarter. Centaurus Financial Inc. increased its position in Exxon Mobil by 9.2% in the second quarter. Centaurus Financial Inc. now owns 37,397 shares of the oil and gas company’s stock worth $4,305,000 after buying an additional 3,145 shares during the period. Mattson Financial Services LLC bought a new stake in Exxon Mobil in the second quarter valued at $1,397,000. Global Wealth Strategies & Associates boosted its holdings in shares of Exxon Mobil by 9.8% during the third quarter. Global Wealth Strategies & Associates now owns 2,198 shares of the oil and gas company’s stock valued at $258,000 after acquiring an additional 197 shares during the period. Finally, Doliver Advisors LP boosted its holdings in shares of Exxon Mobil by 0.6% during the third quarter. Doliver Advisors LP now owns 1,142,247 shares of the oil and gas company’s stock valued at $133,894,000 after acquiring an additional 7,317 shares during the period. Institutional investors own 61.80% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on XOM shares. BNP Paribas downgraded 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 report on Wednesday, October 9th. The Goldman Sachs Group lifted their price target on Exxon Mobil from $118.00 to $120.00 in a report on Thursday, October 31st. JPMorgan Chase & Co. decreased their price objective on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a report on Monday, December 16th. TD Cowen reduced their price target on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research report on Monday, December 16th. Finally, UBS Group lowered their price target on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Exxon Mobil presently has an average rating of “Moderate Buy” and a consensus target price of $128.84.

Exxon Mobil Stock Performance

Shares of XOM opened at $109.48 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. The firm’s 50 day moving average is $110.91 and its 200-day moving average is $115.33. Exxon Mobil Co. has a 12-month low of $100.42 and a 12-month high of $126.34. The stock has a market capitalization of $481.18 billion, a P/E ratio of 13.63, a P/E/G ratio of 2.86 and a beta of 0.91.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (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 firm had revenue of $90.02 billion for the quarter, compared to analyst estimates of $93.98 billion. During the same quarter in the previous year, the business posted $2.27 earnings per share. The firm’s quarterly revenue was down .8% compared to the same quarter last year. Equities research analysts anticipate that Exxon Mobil Co. will post 7.77 EPS for the current fiscal 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.