Strategic Wealth Investment Group LLC Sells 400 Shares of Exxon Mobil Co. (NYSE:XOM)

Strategic Wealth Investment Group LLC trimmed its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 6.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 6,125 shares of the oil and gas company’s stock after selling 400 shares during the quarter. Strategic Wealth Investment Group LLC’s holdings in Exxon Mobil were worth $659,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

A number of brokerages recently commented on XOM. Truist Financial raised their price objective on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a report on Monday, January 13th. JPMorgan Chase & Co. reduced their price objective on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a research report on Monday, December 16th. BMO Capital Markets dropped their target price on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a research report on Friday. The Goldman Sachs Group reduced their price target on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a research report on Friday. Finally, Morgan Stanley increased their price target on Exxon Mobil from $139.00 to $140.00 in a research report on Friday. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $129.30.

Exxon Mobil Stock Down 2.5 %

Shares of NYSE XOM opened at $106.82 on Monday. The stock has a 50-day moving average price of $110.36 and a two-hundred day moving average price of $115.23. 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 company has a market cap of $469.48 billion, a price-to-earnings ratio of 13.30, a PEG ratio of 2.84 and a beta of 0.91.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. During the same quarter in the prior year, the company posted $2.48 earnings per share. As a group, analysts forecast that Exxon Mobil Co. will post 7.74 earnings per share for the current fiscal 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.