Exxon Mobil Co. (NYSE:XOM) Shares Sold by Court Place Advisors LLC

Court Place Advisors LLC lessened its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 14.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,897 shares of the oil and gas company's stock after selling 5,825 shares during the quarter. Exxon Mobil makes up approximately 1.3% of Court Place Advisors LLC's investment portfolio, making the stock its 21st largest position. Court Place Advisors LLC's holdings in Exxon Mobil were worth $3,861,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Vertex Planning Partners LLC increased its stake in Exxon Mobil by 3.1% during the third quarter. Vertex Planning Partners LLC now owns 2,778 shares of the oil and gas company's stock worth $326,000 after acquiring an additional 83 shares during the last quarter. First Heartland Consultants Inc. increased its position in shares of Exxon Mobil by 0.9% during the 3rd quarter. First Heartland Consultants Inc. now owns 9,451 shares of the oil and gas company's stock valued at $1,108,000 after purchasing an additional 87 shares during the last quarter. Latitude Advisors LLC lifted its position in Exxon Mobil by 0.7% in the third quarter. Latitude Advisors LLC now owns 13,378 shares of the oil and gas company's stock worth $1,568,000 after buying an additional 88 shares during the last quarter. Longfellow Investment Management Co. LLC increased its position in Exxon Mobil by 0.6% during the third quarter. Longfellow Investment Management Co. LLC now owns 14,537 shares of the oil and gas company's stock valued at $1,704,000 after acquiring an additional 88 shares during the last quarter. Finally, West Oak Capital LLC raised its stake in shares of Exxon Mobil by 0.6% in the fourth quarter. West Oak Capital LLC now owns 16,207 shares of the oil and gas company's stock valued at $1,743,000 after acquiring an additional 92 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Stock Performance

Shares of XOM opened at $109.48 on Friday. Exxon Mobil Co. has a 12 month low of $100.42 and a 12 month high of $126.34. The stock has a fifty day moving average price of $110.91 and a 200-day moving average price of $115.33. The company has a current ratio of 1.35, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. The firm has a market cap of $481.18 billion, a PE ratio of 13.63, a P/E/G ratio of 2.84 and a beta of 0.91.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.91 by $0.01. The firm had revenue of $90.02 billion during the quarter, compared to analyst estimates of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. Exxon Mobil's revenue was down .8% on a year-over-year basis. During the same period last year, the firm posted $2.27 EPS. Equities research analysts predict that Exxon Mobil Co. will post 7.74 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on XOM. Piper Sandler dropped their price target on shares of Exxon Mobil from $138.00 to $127.00 and set an "overweight" rating for the company in a research note on Thursday, December 19th. UBS Group cut their target price on Exxon Mobil from $149.00 to $147.00 and set a "buy" rating on the stock in a research note on Thursday, December 12th. Barclays decreased their price target on Exxon Mobil from $142.00 to $137.00 and set an "overweight" rating for the company in a research note on Thursday, October 3rd. Royal Bank of Canada reiterated a "sector perform" rating and issued a $115.00 target price on shares of Exxon Mobil in a research note on Thursday, December 12th. Finally, Morgan Stanley lowered their target price on shares of Exxon Mobil from $142.00 to $140.00 in a research note on Thursday, October 31st. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Exxon Mobil currently has a consensus rating of "Moderate Buy" and an average target price of $128.84.

Exxon Mobil Company 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.