Tamar Securities LLC Has $17.06 Million Position in Exxon Mobil Co. (NYSE:XOM)

Tamar Securities LLC boosted its stake in Exxon Mobil Co. (NYSE:XOM) by 3.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 158,576 shares of the oil and gas company’s stock after purchasing an additional 6,020 shares during the quarter. Exxon Mobil comprises about 2.4% of Tamar Securities LLC’s holdings, making the stock its 18th biggest position. Tamar Securities LLC’s holdings in Exxon Mobil were worth $17,058,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of XOM. Retirement Wealth Solutions LLC bought a new stake in Exxon Mobil during the 4th quarter valued at $46,000. Peterson Financial Group Inc. acquired a new position in shares of Exxon Mobil during the third quarter valued at about $51,000. Highline Wealth Partners LLC bought a new stake in shares of Exxon Mobil during the third quarter worth about $54,000. Harbor Capital Advisors Inc. acquired a new stake in shares of Exxon Mobil in the 3rd quarter worth about $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 institutional investors.

Exxon Mobil Trading Up 0.7 %

Shares of XOM opened at $109.48 on Friday. Exxon Mobil Co. has a fifty-two week low of $100.42 and a fifty-two week high of $126.34. The business has a 50-day moving average of $110.91 and a 200 day moving average of $115.33. The firm has a market cap of $481.18 billion, a P/E ratio of 13.63, a price-to-earnings-growth ratio of 2.86 and a beta of 0.91. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.01. The company had revenue of $90.02 billion for the quarter, compared to analyst estimates of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The company’s quarterly revenue was down .8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.27 earnings per share. As a group, research analysts forecast that Exxon Mobil Co. will post 7.77 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have commented on XOM. JPMorgan Chase & Co. decreased their price objective on Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating for the company in a report on Monday, December 16th. Truist Financial increased their price target on Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a research report on Monday, January 13th. BMO Capital Markets raised their price objective on Exxon Mobil from $127.00 to $130.00 and gave the company a “market perform” rating in a research note on Friday, October 4th. Wolfe Research upped their target price on shares of Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Finally, TD Cowen dropped their price target on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $128.84.

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.