Creative Financial Designs Inc. ADV cut its stake in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 1.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,097 shares of the oil and gas company’s stock after selling 137 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Exxon Mobil were worth $1,196,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. Eagle Capital Management LLC lifted its position in shares of Exxon Mobil by 15.3% in 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 buying an additional 376 shares during the last quarter. Brucke Financial Inc. lifted its position in shares of Exxon Mobil by 2.1% in the first quarter. Brucke Financial Inc. now owns 6,792 shares of the oil and gas company’s stock valued at $808,000 after buying an additional 142 shares during the last quarter. Golden State Wealth Management LLC lifted its position in shares of Exxon Mobil by 3.9% in 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 buying an additional 360 shares during the last quarter. Smith Group Asset Management LLC lifted its position in shares of Exxon Mobil by 4.8% in the first quarter. Smith Group Asset Management LLC now owns 154,772 shares of the oil and gas company’s stock valued at $18,407,000 after buying an additional 7,062 shares during the last quarter. Finally, RoundAngle Advisors LLC lifted its position in shares of Exxon Mobil by 3.0% in the first quarter. RoundAngle Advisors LLC now owns 13,600 shares of the oil and gas company’s stock valued at $1,617,000 after buying an additional 392 shares during the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on XOM shares. Bank of America raised their price objective on Exxon Mobil from $113.00 to $120.00 and gave the company a “neutral” rating in a research report on Wednesday, September 10th. Barclays cut their price objective on Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating for the company in a research report on Tuesday, October 7th. Melius started coverage on Exxon Mobil in a research note on Wednesday, August 20th. They set a “hold” rating and a $111.00 target price on the stock. Melius Research started coverage on Exxon Mobil in a research note on Wednesday, August 20th. They set a “hold” rating and a $111.00 target price on the stock. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Exxon Mobil in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $127.00.
Insider Buying and Selling
In other Exxon Mobil news, VP Darrin L. Talley sold 2,158 shares of the firm’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $110.45, for a total transaction of $238,351.10. Following the transaction, the vice president owned 13,829 shares in the company, valued at $1,527,413.05. This trade represents a 13.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.03% of the stock is currently owned by company insiders.
Exxon Mobil Price Performance
Exxon Mobil stock opened at $114.52 on Friday. The stock’s fifty day moving average price is $113.26 and its two-hundred day moving average price is $109.94. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $123.21. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.25 and a quick ratio of 0.88. The firm has a market cap of $488.21 billion, a PE ratio of 16.27, a price-to-earnings-growth ratio of 2.06 and a beta of 0.51.
Exxon Mobil (NYSE:XOM – Get Free Report) last posted its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 EPS for the quarter. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%.The firm had revenue of $57.55 billion for the quarter. As a group, research analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.
Exxon Mobil 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.
Featured Stories
- Five stocks we like better than Exxon Mobil
- ESG Stocks, What Investors Should Know
- Amazon Earnings: 3 Catalysts That Could Drive Shares to $300
- Trading Halts Explained
- Why Chipotle Stock May Bounce After a Brutal Sell-Off
- Insider Trading – What You Need to Know
- Why VGT May Be a Smarter Bet Than Chasing Individual Tech Stocks
Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Corporation (NYSE:XOM – Free Report).
Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.
