Lifeworks Advisors LLC Has $1.11 Million Holdings in Exxon Mobil Corporation $XOM

Lifeworks Advisors LLC increased its stake in Exxon Mobil Corporation (NYSE:XOM) by 5.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,287 shares of the oil and gas company’s stock after acquiring an additional 530 shares during the quarter. Lifeworks Advisors LLC’s holdings in Exxon Mobil were worth $1,109,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in XOM. Eagle Capital Management LLC boosted its position in Exxon Mobil by 15.3% during the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock valued at $337,000 after acquiring an additional 376 shares during the last quarter. Brucke Financial Inc. raised its holdings in shares of Exxon Mobil by 2.1% during the first quarter. Brucke Financial Inc. now owns 6,792 shares of the oil and gas company’s stock valued at $808,000 after purchasing an additional 142 shares during the period. Golden State Wealth Management LLC raised its holdings in shares of Exxon Mobil by 3.9% during the first quarter. Golden State Wealth Management LLC now owns 9,659 shares of the oil and gas company’s stock valued at $1,149,000 after purchasing an additional 360 shares during the period. Kanawha Capital Management LLC raised its holdings in shares of Exxon Mobil by 2.5% during the first quarter. Kanawha Capital Management LLC now owns 146,678 shares of the oil and gas company’s stock valued at $17,444,000 after purchasing an additional 3,560 shares during the period. Finally, Equita Financial Network Inc. acquired a new position in shares of Exxon Mobil during the first quarter valued at about $234,000. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Trading Down 0.2%

Shares of XOM opened at $114.52 on Friday. The firm’s 50-day moving average price is $113.26 and its 200-day moving average price is $109.99. The firm has a market capitalization of $488.21 billion, a price-to-earnings ratio of 16.27, a PEG ratio of 2.06 and a beta of 0.51. The company has a current ratio of 1.25, a quick ratio of 0.88 and a debt-to-equity ratio of 0.12. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $123.21.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 EPS for the quarter. The business had revenue of $57.55 billion for the quarter. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. Sell-side analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Insider Activity

In other news, VP Darrin L. Talley sold 2,158 shares of the company’s stock in a transaction that occurred on 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 owned 13,829 shares in the company, valued at approximately $1,527,413.05. This represents a 13.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

XOM has been the subject of several analyst reports. Wall Street Zen upgraded shares of Exxon Mobil from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Bank of America increased their target price on shares of Exxon Mobil from $113.00 to $120.00 and gave the company a “neutral” rating in a research report on Wednesday, September 10th. Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a report on Thursday, October 9th. UBS Group raised their price objective on shares of Exxon Mobil from $143.00 to $145.00 and gave the stock a “buy” rating in a report on Monday, October 13th. Finally, Melius initiated coverage on shares of Exxon Mobil in a research note on Wednesday, August 20th. They issued a “hold” rating and a $111.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, Exxon Mobil currently has an average rating of “Moderate Buy” and a consensus price target of $127.00.

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.