FSA Advisors Inc. Decreases Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

FSA Advisors Inc. decreased its holdings in Exxon Mobil Co. (NYSE:XOM) by 31.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,070 shares of the oil and gas company’s stock after selling 936 shares during the quarter. FSA Advisors Inc.’s holdings in Exxon Mobil were worth $228,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of XOM. Czech National Bank boosted its holdings in Exxon Mobil by 5.9% in the 3rd quarter. Czech National Bank now owns 905,051 shares of the oil and gas company’s stock worth $106,090,000 after buying an additional 50,214 shares during the period. GAMMA Investing LLC boosted its stake in shares of Exxon Mobil by 23.0% during the 3rd quarter. GAMMA Investing LLC now owns 72,796 shares of the oil and gas company’s stock worth $8,533,000 after purchasing an additional 13,606 shares during the period. Herbst Group LLC grew its position in Exxon Mobil by 1.3% in the 3rd quarter. Herbst Group LLC now owns 27,059 shares of the oil and gas company’s stock valued at $3,172,000 after acquiring an additional 350 shares during the last quarter. WealthBridge Capital Management LLC grew its stake in Exxon Mobil by 10.9% in the third quarter. WealthBridge Capital Management LLC now owns 14,209 shares of the oil and gas company’s stock worth $1,666,000 after purchasing an additional 1,396 shares in the last quarter. Finally, Azzad Asset Management Inc. ADV raised its holdings in shares of Exxon Mobil by 2.3% in the 3rd quarter. Azzad Asset Management Inc. ADV now owns 44,154 shares of the oil and gas company’s stock valued at $5,176,000 after purchasing an additional 1,006 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

XOM has been the subject of a number of recent analyst reports. The Goldman Sachs Group lowered their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “neutral” rating for the company in a research note on Friday. Royal Bank of Canada reiterated a “sector perform” rating and set a $115.00 price target on shares of Exxon Mobil in a research report on Thursday, December 12th. BNP Paribas cut shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price target on the stock. in a research report on Wednesday, October 9th. TD Cowen cut their price objective on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating for the company in a research report on Monday, December 16th. Finally, Truist Financial raised their target price on Exxon Mobil from $117.00 to $119.00 and gave the company a “hold” rating in a report on Monday, January 13th. One equities 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 stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $129.30.

Exxon Mobil Trading Down 2.5 %

Exxon Mobil stock opened at $106.82 on Monday. The company’s fifty day moving average price is $110.36 and its two-hundred day moving average price is $115.23. Exxon Mobil Co. has a one year low of $100.42 and a one year high of $126.34. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. The company 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 issued its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate 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 period in the prior year, the business earned $2.48 EPS. On average, analysts forecast that Exxon Mobil Co. will post 7.74 earnings per share for the current fiscal year.

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.