Terril Brothers Inc. Purchases 189 Shares of Exxon Mobil Corporation $XOM

Terril Brothers Inc. lifted its position in Exxon Mobil Corporation (NYSE:XOM) by 1.5% in the 2nd quarter, Holdings Channel reports. The fund owned 12,653 shares of the oil and gas company’s stock after acquiring an additional 189 shares during the quarter. Exxon Mobil accounts for 0.5% of Terril Brothers Inc.’s holdings, making the stock its 21st biggest holding. Terril Brothers Inc.’s holdings in Exxon Mobil were worth $1,364,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in XOM. Nuveen LLC purchased a new stake in shares of Exxon Mobil in the 1st quarter worth approximately $2,730,414,000. GQG Partners LLC grew its stake in shares of Exxon Mobil by 15,135.7% in the 1st quarter. GQG Partners LLC now owns 10,071,077 shares of the oil and gas company’s stock worth $1,197,753,000 after buying an additional 10,004,975 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Exxon Mobil in the 2nd quarter worth approximately $607,621,000. Ameriprise Financial Inc. grew its stake in shares of Exxon Mobil by 10.8% in the 1st quarter. Ameriprise Financial Inc. now owns 27,017,683 shares of the oil and gas company’s stock worth $3,213,848,000 after buying an additional 2,639,797 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its stake in shares of Exxon Mobil by 72.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 5,549,909 shares of the oil and gas company’s stock worth $598,280,000 after buying an additional 2,332,293 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Wall Street Analyst Weigh In

XOM has been the topic of several recent research reports. Wells Fargo & Company initiated coverage on Exxon Mobil in a research note on Friday, October 17th. They issued an “overweight” rating and a $156.00 price target on the stock. Piper Sandler set a $141.00 price target on Exxon Mobil in a research note on Tuesday, October 7th. Bank of America upped their price target on Exxon Mobil from $113.00 to $120.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 10th. Melius initiated coverage on Exxon Mobil in a research note on Wednesday, August 20th. They set a “hold” rating and a $111.00 target price on the stock. Finally, Melius Research initiated coverage on Exxon Mobil in a research note on Wednesday, August 20th. They set a “hold” rating and a $111.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $127.00.

Exxon Mobil Stock Performance

Shares of XOM opened at $114.52 on Friday. The business’s fifty day simple moving average is $113.26 and its two-hundred day simple moving average is $109.94. The company has a market cap of $488.21 billion, a price-to-earnings ratio of 16.27, a P/E/G ratio of 2.06 and a beta of 0.51. The company has a current ratio of 1.25, a quick ratio of 0.88 and a debt-to-equity ratio of 0.12. Exxon Mobil Corporation has a 12 month low of $97.80 and a 12 month high of $123.21.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. The firm had revenue of $57.55 billion for the quarter. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%. Research analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,158 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $110.45, for a total transaction of $238,351.10. Following the transaction, the vice president directly owned 13,829 shares of the company’s stock, valued at $1,527,413.05. This represents a 13.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.03% of the stock is owned by insiders.

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.