Exxon Mobil Co. (NYSE:XOM) Shares Acquired by Greenup Street Wealth Management LLC

Greenup Street Wealth Management LLC increased its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 4.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,982 shares of the oil and gas company’s stock after acquiring an additional 773 shares during the quarter. Greenup Street Wealth Management LLC’s holdings in Exxon Mobil were worth $2,042,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of XOM. Global Wealth Management Investment Advisory Inc. grew its holdings in shares of Exxon Mobil by 10.7% in the third quarter. Global Wealth Management Investment Advisory Inc. now owns 47,195 shares of the oil and gas company’s stock valued at $5,532,000 after purchasing an additional 4,578 shares during the period. Massmutual Trust Co. FSB ADV grew its stake in shares of Exxon Mobil by 4.7% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 133,140 shares of the oil and gas company’s stock valued at $15,607,000 after buying an additional 5,985 shares during the period. Helen Stephens Group LLC increased its holdings in shares of Exxon Mobil by 7.3% during the 4th quarter. Helen Stephens Group LLC now owns 41,637 shares of the oil and gas company’s stock worth $4,479,000 after buying an additional 2,825 shares during the last quarter. Brooklyn Investment Group grew its position in Exxon Mobil by 36.8% in the third quarter. Brooklyn Investment Group now owns 25,127 shares of the oil and gas company’s stock worth $2,945,000 after acquiring an additional 6,753 shares during the period. Finally, Parthenon LLC increased its stake in Exxon Mobil by 2.4% during the third quarter. Parthenon LLC now owns 191,590 shares of the oil and gas company’s stock worth $22,458,000 after acquiring an additional 4,445 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on XOM. Morgan Stanley decreased their price target on Exxon Mobil from $142.00 to $140.00 in a research note on Thursday, October 31st. Mizuho lowered their target price on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating for the company in a research note on Monday, December 16th. JPMorgan Chase & Co. reduced their price target on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research note on Monday, December 16th. TD Cowen lowered their price objective on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research report on Monday, December 16th. Finally, The Goldman Sachs Group boosted their target price on Exxon Mobil from $118.00 to $120.00 in a research report on Thursday, October 31st. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $128.84.

Exxon Mobil Stock Performance

Shares of XOM stock opened at $109.48 on Friday. Exxon Mobil Co. has a 12 month low of $100.42 and a 12 month high of $126.34. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. The company has a market cap of $481.18 billion, a P/E ratio of 13.63, a PEG ratio of 2.86 and a beta of 0.91. The firm has a fifty day moving average price of $110.91 and a 200 day moving average price of $115.33.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating analysts’ consensus estimates of $1.91 by $0.01. The business had revenue of $90.02 billion for the quarter, compared to the consensus estimate of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The business’s revenue for the quarter was down .8% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.27 EPS. Sell-side analysts predict that Exxon Mobil Co. will post 7.77 earnings per share for the current fiscal year.

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.