Exxon Mobil Co. (NYSE:XOM) Position Lowered by HT Partners LLC

HT Partners LLC reduced its position in Exxon Mobil Co. (NYSE:XOM) by 23.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,114 shares of the oil and gas company’s stock after selling 641 shares during the quarter. HT Partners LLC’s holdings in Exxon Mobil were worth $227,000 at the end of the most recent quarter.

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

Exxon Mobil Stock Down 2.5 %

Shares of Exxon Mobil stock opened at $106.82 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a 12-month low of $100.42 and a 12-month high of $126.34. The firm has a market capitalization of $469.48 billion, a PE ratio of 13.30, a price-to-earnings-growth ratio of 2.84 and a beta of 0.91. The stock’s fifty day moving average is $110.66 and its 200-day moving average is $115.29.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates 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 previous year, the business earned $2.48 EPS. Equities analysts anticipate that Exxon Mobil Co. will post 7.74 earnings per share for the current year.

Analyst Ratings Changes

XOM has been the topic of a number of recent research reports. Bank of America began coverage on Exxon Mobil in a research note on Thursday, October 17th. They issued a “neutral” rating and a $124.00 target price on the stock. BMO Capital Markets reduced their target price on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research note on Friday. Scotiabank dropped their price target on shares of Exxon Mobil from $145.00 to $140.00 in a research note on Friday. Truist Financial boosted their price objective on Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research report on Monday, January 13th. Finally, Piper Sandler lowered their target price on Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a research report on Thursday, December 19th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Exxon Mobil has a consensus rating of “Moderate Buy” and a consensus target price of $129.30.

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.