Coign Capital Advisors LLC Has $619,000 Position in Exxon Mobil Corporation $XOM

Coign Capital Advisors LLC raised its position in Exxon Mobil Corporation (NYSE:XOM) by 2.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,739 shares of the oil and gas company’s stock after acquiring an additional 124 shares during the quarter. Coign Capital Advisors LLC’s holdings in Exxon Mobil were worth $619,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Journey Strategic Wealth LLC lifted its stake in shares of Exxon Mobil by 6.7% during the 1st quarter. Journey Strategic Wealth LLC now owns 21,929 shares of the oil and gas company’s stock worth $2,608,000 after buying an additional 1,379 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Exxon Mobil by 52.3% during the 1st quarter. Jones Financial Companies Lllp now owns 382,989 shares of the oil and gas company’s stock worth $45,149,000 after buying an additional 131,600 shares during the last quarter. Hartford Funds Management Co LLC lifted its stake in shares of Exxon Mobil by 51.8% during the 1st quarter. Hartford Funds Management Co LLC now owns 7,665 shares of the oil and gas company’s stock worth $912,000 after buying an additional 2,617 shares during the last quarter. Phoenix Financial Ltd. lifted its stake in shares of Exxon Mobil by 23.9% during the 1st quarter. Phoenix Financial Ltd. now owns 97,050 shares of the oil and gas company’s stock worth $11,561,000 after buying an additional 18,752 shares during the last quarter. Finally, SteelPeak Wealth LLC lifted its stake in shares of Exxon Mobil by 24.2% during the 1st quarter. SteelPeak Wealth LLC now owns 38,721 shares of the oil and gas company’s stock worth $4,605,000 after buying an additional 7,543 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Price Performance

XOM stock opened at $114.57 on Friday. The company has a quick ratio of 0.88, a current ratio of 1.25 and a debt-to-equity ratio of 0.12. Exxon Mobil Corporation has a 12 month low of $97.80 and a 12 month high of $123.21. The firm has a market cap of $488.45 billion, a P/E ratio of 16.27, a P/E/G ratio of 2.06 and a beta of 0.51. The company’s 50-day moving average price is $113.19 and its two-hundred day moving average price is $109.86.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, June 17th. The oil and gas company reported $0.65 EPS for the quarter. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. The firm had revenue of $57.55 billion for the quarter. On average, analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,158 shares of the firm’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $110.45, for a total value of $238,351.10. Following the transaction, the vice president directly owned 13,829 shares of the company’s stock, valued at $1,527,413.05. This trade represents a 13.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.03% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have recently issued reports on XOM shares. UBS Group raised their target price on shares of Exxon Mobil from $143.00 to $145.00 and gave the stock a “buy” rating in a research note on Monday, October 13th. Morgan Stanley raised their target price on shares of Exxon Mobil from $134.00 to $135.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a research note on Thursday, October 9th. Wall Street Zen upgraded shares of Exxon Mobil from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Exxon Mobil in a research note on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, Exxon Mobil presently has an average rating of “Moderate Buy” and a consensus price target of $127.00.

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.