Jeppson Wealth Management LLC Has $5.91 Million Stake in Exxon Mobil Co. (NYSE:XOM)

Jeppson Wealth Management LLC grew its stake in Exxon Mobil Co. (NYSE:XOM) by 1.2% during the 4th quarter, HoldingsChannel reports. The fund owned 54,927 shares of the oil and gas company’s stock after purchasing an additional 655 shares during the quarter. Exxon Mobil comprises 2.1% of Jeppson Wealth Management LLC’s holdings, making the stock its 7th biggest position. Jeppson Wealth Management LLC’s holdings in Exxon Mobil were worth $5,908,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Retirement Wealth Solutions LLC purchased a new stake in Exxon Mobil during the 4th quarter valued at about $46,000. Peterson Financial Group Inc. purchased a new stake in shares of Exxon Mobil during the third quarter valued at approximately $51,000. Highline Wealth Partners LLC bought a new stake in shares of Exxon Mobil during the third quarter valued at approximately $54,000. Harbor Capital Advisors Inc. purchased a new position in Exxon Mobil in the 3rd quarter worth approximately $63,000. Finally, Annapolis Financial Services LLC lifted its position in Exxon Mobil by 284.9% in the 3rd quarter. Annapolis Financial Services LLC now owns 766 shares of the oil and gas company’s stock valued at $90,000 after acquiring an additional 567 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Stock Up 0.7 %

Shares of XOM stock opened at $109.48 on Friday. The company has a market capitalization of $481.18 billion, a price-to-earnings ratio of 13.63, a PEG ratio of 2.86 and a beta of 0.91. Exxon Mobil Co. has a one year low of $100.42 and a one year high of $126.34. The company’s fifty day moving average price is $110.91 and its 200-day moving average price is $115.33. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01.

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

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on XOM shares. The Goldman Sachs Group boosted their price target on Exxon Mobil from $118.00 to $120.00 in a research note on Thursday, October 31st. BMO Capital Markets boosted their target price on Exxon Mobil from $127.00 to $130.00 and gave the stock a “market perform” rating in a research report on Friday, October 4th. Morgan Stanley dropped their price target on shares of Exxon Mobil from $142.00 to $140.00 in a report on Thursday, October 31st. UBS Group decreased their price objective on shares of Exxon Mobil from $149.00 to $147.00 and set a “buy” rating for the company in a report on Thursday, December 12th. Finally, BNP Paribas cut shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 target price on the stock. in a report on Wednesday, October 9th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Exxon Mobil currently has an average rating of “Moderate Buy” and an average price target of $128.84.

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.