Exxon Mobil Co. (NYSE:XOM) Shares Acquired by Oak Harvest Investment Services

Oak Harvest Investment Services increased its position in shares of Exxon Mobil Co. (NYSE:XOM) by 7.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 34,177 shares of the oil and gas company’s stock after buying an additional 2,501 shares during the period. Oak Harvest Investment Services’ holdings in Exxon Mobil were worth $3,676,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Retirement Wealth Solutions LLC purchased a new stake in Exxon Mobil in the fourth quarter valued at $46,000. Peterson Financial Group Inc. acquired a new stake in Exxon Mobil during the 3rd quarter worth approximately $51,000. Highline Wealth Partners LLC purchased a new position in Exxon Mobil in the 3rd quarter valued at $54,000. Harbor Capital Advisors Inc. acquired a new position in shares of Exxon Mobil during the third quarter worth about $63,000. Finally, Annapolis Financial Services LLC increased its position 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 purchasing an additional 567 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Stock Down 2.5 %

XOM stock opened at $106.82 on Monday. Exxon Mobil Co. has a fifty-two week low of $100.42 and a fifty-two week high of $126.34. The stock has a market cap 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 firm’s 50-day simple moving average is $110.36 and its 200 day simple moving average is $115.23. 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 (NYSE:XOM) last released 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 period last year, the company earned $2.48 earnings per share. As a group, sell-side analysts predict that Exxon Mobil Co. will post 7.74 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Royal Bank of Canada reiterated a “sector perform” rating and issued a $115.00 price objective on shares of Exxon Mobil in a research note on Thursday, December 12th. The Goldman Sachs Group decreased their price objective on Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating on the stock in a research note on Friday. Bernstein Bank boosted their price target on Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a report on Friday. TD Cowen cut their price objective on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a report on Monday, December 16th. Finally, BNP Paribas cut Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 target price on the stock. in a report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently 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.