OLD Second National Bank of Aurora Sells 342 Shares of Exxon Mobil Co. (NYSE:XOM)

OLD Second National Bank of Aurora reduced its holdings in Exxon Mobil Co. (NYSE:XOM) by 4.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,725 shares of the oil and gas company’s stock after selling 342 shares during the quarter. OLD Second National Bank of Aurora’s holdings in Exxon Mobil were worth $723,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Retirement Wealth Solutions LLC purchased a new position in shares of Exxon Mobil in the 4th quarter valued at approximately $46,000. Peterson Financial Group Inc. purchased a new position in shares of Exxon Mobil in the 3rd quarter valued at approximately $51,000. Highline Wealth Partners LLC purchased a new position in shares of Exxon Mobil in the 3rd quarter valued at approximately $54,000. Harbor Capital Advisors Inc. purchased a new position in Exxon Mobil during the third quarter valued at $63,000. Finally, Annapolis Financial Services LLC raised its stake in Exxon Mobil by 284.9% during 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 during the last quarter. 61.80% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on XOM. Bernstein Bank lifted their price objective on Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research note on Friday. The Goldman Sachs Group lowered their price objective on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a research note on Friday. HSBC lowered their price objective on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating for the company in a research note on Friday. BMO Capital Markets decreased their price target on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research note on Friday. Finally, Morgan Stanley boosted their price target on Exxon Mobil from $139.00 to $140.00 in a research note on Friday. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $129.30.

Exxon Mobil Stock Performance

NYSE:XOM opened at $106.82 on Monday. The stock has a 50-day simple moving average of $110.36 and a two-hundred day simple moving average of $115.23. Exxon Mobil Co. has a 52-week low of $100.42 and a 52-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 capitalization of $469.48 billion, a PE ratio of 13.30, a P/E/G ratio of 2.84 and a beta of 0.91.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (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 period in the prior year, the business posted $2.48 EPS. Analysts forecast that Exxon Mobil Co. will post 7.74 EPS for the current 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.