Strategic Investment Advisors MI lessened its position in Exxon Mobil Co. (NYSE:XOM) by 10.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,884 shares of the oil and gas company’s stock after selling 1,060 shares during the period. Strategic Investment Advisors MI’s holdings in Exxon Mobil were worth $298,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of XOM. Reitz Capital Advisors LLC purchased a new stake in shares of Exxon Mobil during the second quarter valued at $33,000. Capstone Financial Group Inc. raised its position in Exxon Mobil by 49.0% in the 2nd quarter. Capstone Financial Group Inc. now owns 1,116 shares of the oil and gas company’s stock worth $48,000 after buying an additional 367 shares during the last quarter. Capital Advisory Group Advisory Services LLC bought a new position in Exxon Mobil during the 1st quarter valued at about $52,000. Evolution Wealth Advisors LLC boosted its holdings in shares of Exxon Mobil by 2,790.7% during the 2nd quarter. Evolution Wealth Advisors LLC now owns 1,243 shares of the oil and gas company’s stock valued at $56,000 after acquiring an additional 1,200 shares during the last quarter. Finally, Marshall & Sullivan Inc. WA bought a new stake in shares of Exxon Mobil in the second quarter worth approximately $63,000. Hedge funds and other institutional investors own 50.90% of the company’s stock.

Shares of XOM stock opened at $34.10 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.93 and a quick ratio of 0.58. Exxon Mobil Co. has a one year low of $30.11 and a one year high of $73.12. The company’s fifty day moving average price is $36.36 and its 200-day moving average price is $42.03. The company has a market capitalization of $144.18 billion, a price-to-earnings ratio of 20.30 and a beta of 1.26.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, July 31st. The oil and gas company reported ($0.70) EPS for the quarter, missing the consensus estimate of ($0.61) by ($0.09). The company had revenue of $32.61 billion for the quarter, compared to the consensus estimate of $38.16 billion. Exxon Mobil had a net margin of 3.24% and a return on equity of 2.09%. The firm’s revenue for the quarter was down 52.8% on a year-over-year basis. During the same period last year, the company earned $0.61 EPS. Equities research analysts expect that Exxon Mobil Co. will post -0.32 earnings per share for the current fiscal year.

Several brokerages recently issued reports on XOM. Scotiabank upgraded shares of Exxon Mobil from a “sector underperform” rating to a “sector perform” rating and set a $45.00 target price on the stock in a report on Wednesday, September 23rd. Standpoint Research upgraded Exxon Mobil from a “hold” rating to a “buy” rating in a research note on Friday, September 11th. Raymond James reaffirmed a “sell” rating on shares of Exxon Mobil in a report on Friday, September 18th. Royal Bank of Canada upped their price objective on Exxon Mobil from $45.00 to $50.00 and gave the company an “underperform” rating in a research report on Monday, August 3rd. Finally, Truist dropped their target price on Exxon Mobil from $44.00 to $41.00 and set a “hold” rating on the stock in a research report on Friday, October 9th. Four equities research analysts have rated the stock with a sell rating, twenty-two have given a hold rating and three have given a buy rating to the stock. Exxon Mobil currently has a consensus rating of “Hold” and a consensus price target of $50.25.

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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