Buffington Mohr McNeal Raises Stake in Exxon Mobil Co. (NYSE:XOM)

Buffington Mohr McNeal lifted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 19.6% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 8,366 shares of the oil and gas company’s stock after buying an additional 1,373 shares during the period. Buffington Mohr McNeal’s holdings in Exxon Mobil were worth $900,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Diamant Asset Management Inc. grew its holdings in Exxon Mobil by 0.9% in the 4th quarter. Diamant Asset Management Inc. now owns 13,069 shares of the oil and gas company’s stock valued at $1,406,000 after buying an additional 120 shares during the period. Joseph P. Lucia & Associates LLC acquired a new position in Exxon Mobil during the fourth quarter worth approximately $236,000. FSC Wealth Advisors LLC raised its stake in Exxon Mobil by 13.2% during the fourth quarter. FSC Wealth Advisors LLC now owns 1,773 shares of the oil and gas company’s stock worth $191,000 after purchasing an additional 207 shares during the period. IRON Financial LLC boosted its holdings in shares of Exxon Mobil by 3.0% in the 4th quarter. IRON Financial LLC now owns 8,437 shares of the oil and gas company’s stock valued at $908,000 after purchasing an additional 247 shares during the last quarter. Finally, Greenup Street Wealth Management LLC grew its stake in shares of Exxon Mobil by 4.2% during the 4th quarter. Greenup Street Wealth Management LLC now owns 18,982 shares of the oil and gas company’s stock valued at $2,042,000 after buying an additional 773 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Trading Up 0.7 %

Shares of XOM opened at $109.48 on Friday. Exxon Mobil Co. has a one year low of $100.42 and a one year high of $126.34. The stock has a 50-day moving average price of $110.91 and a 200 day moving average price of $115.33. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. The company has a market capitalization of $481.18 billion, a P/E ratio of 13.63, a P/E/G ratio of 2.86 and a beta of 0.91.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.91 by $0.01. The company had revenue of $90.02 billion during the quarter, compared to analysts’ expectations 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 was down .8% on a year-over-year basis. During the same period in the prior year, the business posted $2.27 EPS. Sell-side analysts forecast that Exxon Mobil Co. will post 7.77 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. BMO Capital Markets increased their target price on Exxon Mobil from $127.00 to $130.00 and gave the stock a “market perform” rating in a research report on Friday, October 4th. Piper Sandler reduced their price objective on Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a research note on Thursday, December 19th. Bank of America initiated coverage on shares of Exxon Mobil in a research report on Thursday, October 17th. They set a “neutral” rating and a $124.00 target price for the company. TD Cowen reduced their price target on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research report on Monday, December 16th. Finally, Morgan Stanley dropped their price objective on shares of Exxon Mobil from $142.00 to $140.00 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 issued a strong buy rating to the company. Based on data from MarketBeat.com, Exxon Mobil has a consensus rating of “Moderate Buy” and an average price target of $128.84.

About Exxon Mobil

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.