FSC Wealth Advisors LLC Acquires 207 Shares of Exxon Mobil Co. (NYSE:XOM)

FSC Wealth Advisors LLC grew its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 13.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,773 shares of the oil and gas company’s stock after purchasing an additional 207 shares during the period. FSC Wealth Advisors LLC’s holdings in Exxon Mobil were worth $191,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in XOM. Vertex Planning Partners LLC increased its holdings in Exxon Mobil by 3.1% in the 3rd quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company’s stock valued at $326,000 after acquiring an additional 83 shares during the last quarter. First Heartland Consultants Inc. grew its position in shares of Exxon Mobil by 0.9% during the third quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company’s stock valued at $1,108,000 after purchasing an additional 87 shares in the last quarter. Latitude Advisors LLC increased its holdings in shares of Exxon Mobil by 0.7% in the third quarter. Latitude Advisors LLC now owns 13,378 shares of the oil and gas company’s stock worth $1,568,000 after purchasing an additional 88 shares during the last quarter. Longfellow Investment Management Co. LLC lifted its position in shares of Exxon Mobil by 0.6% in the third quarter. Longfellow Investment Management Co. LLC now owns 14,537 shares of the oil and gas company’s stock worth $1,704,000 after buying an additional 88 shares in the last quarter. Finally, West Oak Capital LLC boosted its stake in Exxon Mobil by 0.6% during the fourth quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company’s stock valued at $1,743,000 after buying an additional 92 shares during the last quarter. 61.80% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on XOM. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $115.00 price objective on shares of Exxon Mobil in a report on Thursday, December 12th. BNP Paribas lowered shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price objective for the company. in a research report on Wednesday, October 9th. The Goldman Sachs Group lifted their price objective on shares of Exxon Mobil from $118.00 to $120.00 in a research note 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 report on Thursday, December 19th. Finally, UBS Group reduced their price objective on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research note on Thursday, December 12th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company 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’s 50-day moving average price is $110.91 and its 200-day moving average price is $115.33. The stock has a market cap of $481.18 billion, a PE ratio of 13.63, a PEG ratio of 2.86 and a beta of 0.91. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.91 by $0.01. The business had revenue of $90.02 billion for the quarter, compared to analyst estimates of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The company’s quarterly revenue was down .8% compared to the same quarter last year. During the same period last year, the company posted $2.27 earnings per share. Equities research analysts forecast that Exxon Mobil Co. will post 7.77 earnings per share for the current year.

Exxon Mobil Company 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.