Willow Creek Wealth Management Inc. Acquires 3,740 Shares of ExxonMobil Corporation $XOM

Willow Creek Wealth Management Inc. bought a new position in shares of ExxonMobil Corporation (NYSE:XOM) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 3,740 shares of the oil and gas company’s stock, valued at approximately $609,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CPA Asset Management Group LLC increased its holdings in shares of ExxonMobil by 1.8% in the third quarter. CPA Asset Management Group LLC now owns 3,450 shares of the oil and gas company’s stock worth $561,000 after acquiring an additional 60 shares in the last quarter. WP Advisors LLC lifted its holdings in shares of ExxonMobil by 3.0% during the 3rd quarter. WP Advisors LLC now owns 2,167 shares of the oil and gas company’s stock valued at $353,000 after purchasing an additional 63 shares in the last quarter. Avant Capital LLC lifted its holdings in shares of ExxonMobil by 0.6% during the 2nd quarter. Avant Capital LLC now owns 11,182 shares of the oil and gas company’s stock valued at $1,529,000 after purchasing an additional 65 shares in the last quarter. Impact Partnership Wealth LLC grew its position in shares of ExxonMobil by 0.6% in the 1st quarter. Impact Partnership Wealth LLC now owns 12,017 shares of the oil and gas company’s stock valued at $2,039,000 after purchasing an additional 67 shares during the period. Finally, Core Wealth Advisors Inc. grew its position in shares of ExxonMobil by 1.0% in the 1st quarter. Core Wealth Advisors Inc. now owns 6,805 shares of the oil and gas company’s stock valued at $1,155,000 after purchasing an additional 68 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

ExxonMobil Stock Up 0.6%

NYSE:XOM opened at $183.15 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.85 and a current ratio of 1.13. The company has a market cap of $759.15 billion, a PE ratio of 23.57, a PEG ratio of 0.91 and a beta of 0.21. ExxonMobil Corporation has a 52-week low of $112.51 and a 52-week high of $184.88. The stock has a 50-day simple moving average of $167.35 and a 200 day simple moving average of $154.04.

ExxonMobil (NYSE:XOM) last announced its earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.56 by ($0.04). The firm had revenue of $114.53 billion during the quarter, compared to analyst estimates of $109.94 billion. ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. During the same period in the prior year, the business posted $1.64 EPS. On average, sell-side analysts expect that ExxonMobil Corporation will post 13.61 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Barclays increased their target price on ExxonMobil from $177.00 to $200.00 and gave the stock an “overweight” rating in a research note on Monday, October 19th. BNP Paribas Exane cut their price target on shares of ExxonMobil from $165.00 to $155.00 and set a “neutral” rating on the stock in a research note on Friday, July 17th. Citigroup reiterated a “neutral” rating and issued a $175.00 price target (up from $150.00) on shares of ExxonMobil in a report on Wednesday, July 8th. BMO Capital Markets increased their price objective on shares of ExxonMobil from $160.00 to $170.00 and gave the stock a “market perform” rating in a research report on Wednesday, August 12th. Finally, JPMorgan Chase & Co. increased their price objective on shares of ExxonMobil from $158.00 to $166.00 and gave the stock an “overweight” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and fourteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $167.70.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Higher crude prices support earnings expectations. Analysts expect the Middle East-driven oil rally to boost ExxonMobil’s third-quarter results, with several previews suggesting the company could exceed consensus estimates. Exxon Mobil and Chevron head into Q3 earnings boosted by crude rally
• Positive Sentiment: Investors are looking for a dividend increase. ExxonMobil’s stronger profits from crude and fuel prices have fueled expectations that management will raise its dividend, supporting the stock’s income-investment appeal. Exxon Will Probably Hike Its Dividend
• Positive Sentiment: Operational and institutional interest remain supportive. ExxonMobil and Citgo reportedly acquired Venezuelan crude for refining, while the XLE energy ETF bought an additional $26.1 million of XOM shares. Recent commentary also points to Guyana production and refining margins as longer-term supports. Exxon Mobil and Citgo Petroleum acquire Venezuelan crude

About ExxonMobil

Exxon Mobil Corporation, doing business as ExxonMobil (NYSE:XOM), is an integrated energy company engaged in the exploration, development, production, and sale of crude oil and natural gas. Its operations span the energy value chain, from resource development and refining to the marketing and distribution of fuels and other energy products.

Through its Energy Products segment, ExxonMobil manufactures and markets transportation fuels, lubricants, and other petroleum-based products. Its Chemical Products business produces petrochemicals, including commodity and performance products used in packaging, automotive components, construction materials, and consumer goods.