FSA Advisors Inc. Has $228,000 Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

FSA Advisors Inc. decreased its position in shares of Exxon Mobil Co. (NYSE:XOM) by 31.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 2,070 shares of the oil and gas company’s stock after selling 936 shares during the quarter. FSA Advisors Inc.’s holdings in Exxon Mobil were worth $228,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Czech National Bank lifted its stake in Exxon Mobil by 5.9% in the third quarter. Czech National Bank now owns 905,051 shares of the oil and gas company’s stock valued at $106,090,000 after buying an additional 50,214 shares during the period. GAMMA Investing LLC lifted its position in Exxon Mobil by 23.0% in the 3rd quarter. GAMMA Investing LLC now owns 72,796 shares of the oil and gas company’s stock valued at $8,533,000 after acquiring an additional 13,606 shares in the last quarter. Herbst Group LLC boosted its position in shares of Exxon Mobil by 1.3% during the third quarter. Herbst Group LLC now owns 27,059 shares of the oil and gas company’s stock worth $3,172,000 after buying an additional 350 shares during the period. WealthBridge Capital Management LLC raised its holdings in shares of Exxon Mobil by 10.9% in the third quarter. WealthBridge Capital Management LLC now owns 14,209 shares of the oil and gas company’s stock valued at $1,666,000 after purchasing an additional 1,396 shares during the last quarter. Finally, Azzad Asset Management Inc. ADV grew its holdings in shares of Exxon Mobil by 2.3% in the 3rd quarter. Azzad Asset Management Inc. ADV now owns 44,154 shares of the oil and gas company’s stock valued at $5,176,000 after acquiring an additional 1,006 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Down 2.5 %

Shares of XOM opened at $106.82 on Monday. The business has a 50-day moving average of $110.36 and a 200 day moving average of $115.23. Exxon Mobil Co. has a fifty-two week low of $100.42 and a fifty-two week high of $126.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. The firm has a market cap of $469.48 billion, a P/E ratio of 13.30, a price-to-earnings-growth ratio of 2.84 and a beta of 0.91.

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on XOM shares. TD Cowen dropped their price objective on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research note on Monday, December 16th. HSBC dropped their price target on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research note on Friday. Scotiabank decreased their price target on Exxon Mobil from $145.00 to $140.00 in a research note on Friday. The Goldman Sachs Group cut their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research report on Friday. Finally, Piper Sandler dropped their price objective 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. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $129.30.

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.