Orographic Financial Advisors LLC Acquires Shares of 41,514 ExxonMobil Corporation $XOM

Orographic Financial Advisors LLC bought a new position in ExxonMobil Corporation (NYSE:XOMFree Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 41,514 shares of the oil and gas company’s stock, valued at approximately $7,043,000. ExxonMobil accounts for approximately 5.0% of Orographic Financial Advisors LLC’s holdings, making the stock its 2nd biggest position.

Several other institutional investors have also made changes to their positions in the company. Portus Wealth Advisors LLC acquired a new stake in ExxonMobil during the 1st quarter valued at $36,000. Berbice Capital Management LLC acquired a new stake in shares of ExxonMobil in the fourth quarter worth $26,000. Midwest Capital Advisors LLC acquired a new stake in shares of ExxonMobil in the fourth quarter worth $27,000. E Fund Management Hong Kong Co. Ltd. grew its holdings in shares of ExxonMobil by 456.1% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock valued at $27,000 after buying an additional 187 shares in the last quarter. Finally, Atlantic Private Wealth LLC raised its position in ExxonMobil by 776.9% during the first quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company’s stock valued at $39,000 after buying an additional 202 shares during the period. 61.80% of the stock is owned by hedge funds and other institutional investors.

ExxonMobil Price Performance

Shares of NYSE:XOM opened at $157.08 on Friday. The stock has a market capitalization of $651.09 billion, a P/E ratio of 26.49, a P/E/G ratio of 0.64 and a beta of 0.17. The business has a 50-day moving average of $145.65 and a two-hundred day moving average of $148.55. ExxonMobil Corporation has a fifty-two week low of $105.53 and a fifty-two week high of $176.41. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.77.

ExxonMobil (NYSE:XOMGet Free Report) last issued its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.18. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The business had revenue of $83.16 billion for the quarter, compared to analyst estimates of $81.13 billion. During the same quarter in the prior year, the firm posted $1.76 EPS. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. On average, equities research analysts predict that ExxonMobil Corporation will post 11.39 EPS for the current fiscal year.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

Analysts Set New Price Targets

A number of research firms have recently issued reports on XOM. Barclays increased their price target on shares of ExxonMobil from $163.00 to $182.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Sanford C. Bernstein lowered their price objective on shares of ExxonMobil from $195.00 to $182.00 and set an “outperform” rating on the stock in a research report on Monday, May 11th. BNP Paribas Exane set a $165.00 price objective on shares of ExxonMobil and gave the company a “neutral” rating in a research note on Friday, April 17th. Jefferies Financial Group increased their target price on shares of ExxonMobil from $178.00 to $184.00 and gave the stock a “buy” rating in a research report on Thursday, April 9th. Finally, Mizuho lowered their price target on shares of ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $163.45.

Read Our Latest Report on XOM

ExxonMobil Company Profile

(Free Report)

ExxonMobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

Further Reading

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Institutional Ownership by Quarter for ExxonMobil (NYSE:XOM)

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