Exxon Mobil Co. (NYSE:XOM) Shares Acquired by Aspire Capital Advisors LLC

Aspire Capital Advisors LLC increased its stake in Exxon Mobil Co. (NYSE:XOM) by 2.8% during the 4th quarter, Holdings Channel reports. The fund owned 6,415 shares of the oil and gas company’s stock after purchasing an additional 173 shares during the quarter. Aspire Capital Advisors LLC’s holdings in Exxon Mobil were worth $690,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Retirement Wealth Solutions LLC purchased a new stake in shares of Exxon Mobil during the 4th quarter worth $46,000. Peterson Financial Group Inc. acquired a new stake in Exxon Mobil in the third quarter valued at $51,000. Highline Wealth Partners LLC purchased a new stake in Exxon Mobil during the 3rd quarter worth about $54,000. Harbor Capital Advisors Inc. purchased a new position in shares of Exxon Mobil in the 3rd quarter valued at about $63,000. Finally, Annapolis Financial Services LLC raised its position in shares of Exxon Mobil by 284.9% during the 3rd quarter. Annapolis Financial Services LLC now owns 766 shares of the oil and gas company’s stock worth $90,000 after acquiring an additional 567 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have commented on XOM shares. Bernstein Bank increased their price target on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research note on Friday. TD Cowen reduced their price target on shares of Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research report on Monday, December 16th. Piper Sandler dropped their price objective on Exxon Mobil from $138.00 to $127.00 and set an “overweight” rating on the stock in a report on Thursday, December 19th. Bank of America started coverage on Exxon Mobil in a report on Thursday, October 17th. They issued a “neutral” rating and a $124.00 target price for the company. Finally, HSBC cut their price target on Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research report on Friday. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $129.30.

Exxon Mobil Trading Down 2.5 %

NYSE:XOM opened at $106.82 on Friday. Exxon Mobil Co. has a 1 year low of $100.42 and a 1 year high of $126.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. The stock has a fifty day moving average price of $110.66 and a two-hundred day moving average price of $115.29. The stock has a market capitalization of $469.48 billion, a price-to-earnings ratio of 13.30, a PEG ratio of 2.84 and a beta of 0.91.

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

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.