Exxon Mobil Co. (XOM) Holdings Lifted by Hoertkorn Richard Charles

Hoertkorn Richard Charles raised its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 5.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,655 shares of the oil and gas company’s stock after buying an additional 600 shares during the period. Hoertkorn Richard Charles’ holdings in Exxon Mobil were worth $955,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of Exxon Mobil by 3.5% in the second quarter. Vanguard Group Inc. now owns 309,411,379 shares of the oil and gas company’s stock valued at $24,978,780,000 after purchasing an additional 10,366,636 shares during the period. Capital Research Global Investors boosted its holdings in shares of Exxon Mobil by 7.0% in the second quarter. Capital Research Global Investors now owns 31,570,269 shares of the oil and gas company’s stock valued at $2,548,668,000 after purchasing an additional 2,058,060 shares during the period. Legal & General Group Plc boosted its holdings in shares of Exxon Mobil by 2.7% in the second quarter. Legal & General Group Plc now owns 23,191,344 shares of the oil and gas company’s stock valued at $1,872,300,000 after purchasing an additional 604,537 shares during the period. Schwab Charles Investment Management Inc. boosted its holdings in shares of Exxon Mobil by 7.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 20,523,456 shares of the oil and gas company’s stock valued at $1,656,859,000 after purchasing an additional 1,406,529 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Exxon Mobil by 2.0% in the second quarter. Ameriprise Financial Inc. now owns 18,460,434 shares of the oil and gas company’s stock valued at $1,490,398,000 after purchasing an additional 353,561 shares during the period. Institutional investors and hedge funds own 51.05% of the company’s stock.

A number of brokerages recently issued reports on XOM. BMO Capital Markets boosted their price target on Exxon Mobil to $85.00 and gave the company a “market perform” rating in a report on Wednesday. Wells Fargo & Co set a $88.00 price objective on shares of Exxon Mobil and gave the stock a “neutral” rating in a research note on Thursday. BNP Paribas set a $70.00 price objective on shares of Exxon Mobil and gave the stock a “sell” rating in a research note on Monday, September 25th. Vetr downgraded shares of Exxon Mobil from a “buy” rating to a “hold” rating and set a $86.54 price objective for the company. in a research note on Tuesday, January 2nd. Finally, JPMorgan Chase & Co. set a $83.00 price objective on shares of Exxon Mobil and gave the stock a “neutral” rating in a research note on Monday, January 8th. Six equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $86.54.

Exxon Mobil Co. (XOM) opened at $87.52 on Friday. The stock has a market capitalization of $370,830.00, a price-to-earnings ratio of 28.51, a PEG ratio of 1.42 and a beta of 0.82. The company has a current ratio of 0.85, a quick ratio of 0.54 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a 12-month low of $76.05 and a 12-month high of $87.99.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, October 27th. The oil and gas company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. The business had revenue of $66.17 billion for the quarter, compared to the consensus estimate of $63.51 billion. Exxon Mobil had a return on equity of 8.21% and a net margin of 5.14%. During the same period in the prior year, the firm posted $0.63 earnings per share. equities research analysts anticipate that Exxon Mobil Co. will post 3.66 EPS for the current year.

In other news, VP Robert N. Schleckser sold 4,877 shares of the business’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $83.37, for a total transaction of $406,595.49. Following the sale, the vice president now directly owns 187,663 shares of the company’s stock, valued at $15,645,464.31. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Robert N. Schleckser sold 5,601 shares of the business’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $83.93, for a total transaction of $470,091.93. Following the sale, the vice president now directly owns 187,663 shares in the company, valued at $15,750,555.59. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 51,357 shares of company stock worth $4,273,910. Insiders own 0.08% of the company’s stock.

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Exxon Mobil Company Profile

Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.

Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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