Bensler LLC Cuts Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Bensler LLC reduced its stake in Exxon Mobil Co. (NYSE:XOM) by 9.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,410 shares of the oil and gas company’s stock after selling 251 shares during the quarter. Bensler LLC’s holdings in Exxon Mobil were worth $259,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Retirement Wealth Solutions LLC purchased a new stake in shares of Exxon Mobil during the fourth quarter valued at approximately $46,000. Peterson Financial Group Inc. purchased a new stake in shares of Exxon Mobil during the 3rd quarter valued at $51,000. Highline Wealth Partners LLC bought a new stake in shares of Exxon Mobil during the 3rd quarter worth $54,000. Harbor Capital Advisors Inc. purchased a new position in shares of Exxon Mobil in the 3rd quarter worth about $63,000. Finally, Annapolis Financial Services LLC grew its position in Exxon Mobil by 284.9% during the third quarter. Annapolis Financial Services LLC now owns 766 shares of the oil and gas company’s stock valued at $90,000 after buying an additional 567 shares during the period. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Stock Down 2.5 %

XOM stock opened at $106.82 on Friday. The company’s 50 day moving average is $110.66 and its 200 day moving average is $115.29. The stock has a market cap of $469.48 billion, a price-to-earnings ratio of 13.30, a price-to-earnings-growth ratio of 2.84 and a beta of 0.91. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a 1-year low of $100.42 and a 1-year high of $126.34.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. During the same quarter in the prior year, the business posted $2.48 earnings per share. Sell-side analysts predict that Exxon Mobil Co. will post 7.74 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have commented on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Exxon Mobil from $130.00 to $125.00 and set an “overweight” rating on the stock in a research report on Monday, December 16th. Wolfe Research upped their price objective on Exxon Mobil from $137.00 to $138.00 in a research note on Thursday, October 31st. Bernstein Bank increased their price objective on Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a report on Friday. Morgan Stanley boosted their target price on Exxon Mobil from $139.00 to $140.00 in a research note on Friday. Finally, BMO Capital Markets cut their target price on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research report on Friday. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Exxon Mobil has an average rating of “Moderate Buy” and a consensus target price of $129.30.

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.