Mycio Wealth Partners LLC increased its position in shares of Exxon Mobil Co. (NYSE:XOM) by 4.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,629 shares of the oil and gas company’s stock after buying an additional 2,097 shares during the period. Mycio Wealth Partners LLC’s holdings in Exxon Mobil were worth $3,043,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in XOM. Berkshire Asset Management LLC PA boosted its holdings in Exxon Mobil by 8.3% in the third quarter. Berkshire Asset Management LLC PA now owns 366,633 shares of the oil and gas company’s stock worth $31,171,000 after acquiring an additional 28,102 shares in the last quarter. Gateway Investment Advisers LLC boosted its holdings in Exxon Mobil by 0.6% in the fourth quarter. Gateway Investment Advisers LLC now owns 2,150,490 shares of the oil and gas company’s stock worth $146,642,000 after acquiring an additional 13,047 shares in the last quarter. Delaney Dennis R boosted its holdings in Exxon Mobil by 3.9% in the third quarter. Delaney Dennis R now owns 25,194 shares of the oil and gas company’s stock worth $2,144,000 after acquiring an additional 950 shares in the last quarter. First Manhattan Co. boosted its holdings in Exxon Mobil by 1.5% in the third quarter. First Manhattan Co. now owns 449,527 shares of the oil and gas company’s stock worth $38,219,000 after acquiring an additional 6,697 shares in the last quarter. Finally, Wealth Advisors of Tampa Bay LLC boosted its holdings in Exxon Mobil by 95.3% in the third quarter. Wealth Advisors of Tampa Bay LLC now owns 49,452 shares of the oil and gas company’s stock worth $4,205,000 after acquiring an additional 24,125 shares in the last quarter. Hedge funds and other institutional investors own 54.53% of the company’s stock.

XOM has been the subject of several recent analyst reports. Royal Bank of Canada reissued a “buy” rating and issued a $95.00 price target on shares of Exxon Mobil in a report on Tuesday, February 19th. Macquarie raised Exxon Mobil from an “underperform” rating to an “outperform” rating and set a $83.00 price target for the company in a report on Thursday, February 14th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $87.00 price target on shares of Exxon Mobil in a report on Tuesday, February 26th. HSBC reissued a “buy” rating and issued a $85.00 price target on shares of Exxon Mobil in a report on Wednesday, February 13th. Finally, Argus reaffirmed a “buy” rating on shares of Exxon Mobil in a report on Wednesday, February 6th. Three equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $84.71.

Exxon Mobil stock opened at $81.13 on Monday. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.84 and a quick ratio of 0.51. Exxon Mobil Co. has a 52 week low of $64.65 and a 52 week high of $87.36. The stock has a market cap of $343.79 billion, a P/E ratio of 16.46, a PEG ratio of 1.34 and a beta of 0.92.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, February 1st. The oil and gas company reported $1.51 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.08 by $0.43. Exxon Mobil had a return on equity of 10.84% and a net margin of 7.18%. The company had revenue of $71.90 billion during the quarter, compared to the consensus estimate of $78.87 billion. During the same period in the previous year, the company posted $0.88 earnings per share. Exxon Mobil’s revenue for the quarter was up 8.1% on a year-over-year basis. On average, equities analysts anticipate that Exxon Mobil Co. will post 4.18 EPS for the current fiscal year.

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Exxon Mobil Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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