Haven Private LLC grew its stake in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 38.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,246 shares of the oil and gas company’s stock after purchasing an additional 905 shares during the quarter. Haven Private LLC’s holdings in Exxon Mobil were worth $350,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of XOM. Graybill Wealth Management LTD. bought a new position in shares of Exxon Mobil in the first quarter valued at approximately $29,000. Elequin Capital LP bought a new position in shares of Exxon Mobil in the first quarter valued at approximately $31,000. Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of Exxon Mobil by 396.7% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 298 shares of the oil and gas company’s stock valued at $35,000 after purchasing an additional 238 shares in the last quarter. Game Plan Financial Advisors LLC lifted its holdings in shares of Exxon Mobil by 1,500.0% in the first quarter. Game Plan Financial Advisors LLC now owns 320 shares of the oil and gas company’s stock valued at $38,000 after purchasing an additional 300 shares in the last quarter. Finally, Marshall & Sullivan Inc. WA bought a new stake in Exxon Mobil during the second quarter worth $38,000. Institutional investors own 61.80% of the company’s stock.
Wall Street Analysts Forecast Growth
XOM has been the topic of a number of recent analyst reports. Barclays dropped their price target on Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating on the stock in a report on Tuesday, October 7th. Melius Research initiated coverage on Exxon Mobil in a report on Wednesday, August 20th. They set a “hold” rating and a $111.00 price target on the stock. Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a report on Thursday, October 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Exxon Mobil in a report on Wednesday, October 8th. Finally, Melius initiated coverage on Exxon Mobil in a report on Wednesday, August 20th. They set a “hold” rating and a $111.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, Exxon Mobil has a consensus rating of “Moderate Buy” and a consensus target price of $127.00.
Insider Buying and Selling at Exxon Mobil
In other news, VP Darrin L. Talley sold 2,158 shares of Exxon Mobil stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $110.45, for a total value of $238,351.10. Following the completion of the transaction, the vice president directly owned 13,829 shares in the company, valued at approximately $1,527,413.05. The trade was a 13.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.03% of the company’s stock.
Exxon Mobil Stock Performance
NYSE:XOM opened at $114.52 on Friday. 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 business has a fifty day simple moving average of $113.26 and a two-hundred day simple moving average of $109.94. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $123.21. The company has a market capitalization of $488.21 billion, a P/E ratio of 16.27, a P/E/G ratio of 2.06 and a beta of 0.51.
Exxon Mobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share (EPS) for the quarter. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%.The business had revenue of $57.55 billion during the quarter. On average, analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current 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.
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