Exxon Mobil Co. (NYSE:XOM) Shares Sold by Hartford Financial Management Inc.

Hartford Financial Management Inc. reduced its position in Exxon Mobil Co. (NYSE:XOM) by 0.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 50,059 shares of the oil and gas company’s stock after selling 248 shares during the quarter. Exxon Mobil comprises about 1.1% of Hartford Financial Management Inc.’s holdings, making the stock its 25th largest position. Hartford Financial Management Inc.’s holdings in Exxon Mobil were worth $5,385,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Retirement Wealth Solutions LLC acquired a new position in Exxon Mobil in the 4th quarter valued at $46,000. Peterson Financial Group Inc. acquired a new position in Exxon Mobil in the 3rd quarter valued at $51,000. Highline Wealth Partners LLC acquired a new position in Exxon Mobil in the 3rd quarter valued at $54,000. Harbor Capital Advisors Inc. acquired a new position in Exxon Mobil in the 3rd quarter valued at $63,000. Finally, Annapolis Financial Services LLC grew its stake in shares of Exxon Mobil by 284.9% during the 3rd quarter. Annapolis Financial Services LLC now owns 766 shares of the oil and gas company’s stock worth $90,000 after purchasing an additional 567 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Stock Performance

Shares of NYSE XOM opened at $106.82 on Monday. The company has a market cap of $469.48 billion, a PE ratio of 13.30, a price-to-earnings-growth ratio of 2.84 and a beta of 0.91. Exxon Mobil Co. has a 12 month low of $100.42 and a 12 month high of $126.34. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. The company has a 50-day simple moving average of $110.36 and a 200-day simple moving average of $115.23.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. During the same quarter last year, the firm earned $2.48 earnings per share. On average, equities analysts anticipate that Exxon Mobil Co. will post 7.74 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on XOM shares. HSBC lowered their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research note on Friday. Wolfe Research upped their price target on shares of Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $115.00 price target on shares of Exxon Mobil in a research note on Thursday, December 12th. Mizuho lowered their price target on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. Finally, Piper Sandler lowered their price target on shares of Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a research note on Thursday, December 19th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $129.30.

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.