Exxon Mobil Co. (NYSE:XOM) Shares Sold by Measured Wealth Private Client Group LLC

Measured Wealth Private Client Group LLC lessened its stake in Exxon Mobil Co. (NYSE:XOM) by 14.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,437 shares of the oil and gas company’s stock after selling 1,280 shares during the quarter. Measured Wealth Private Client Group LLC’s holdings in Exxon Mobil were worth $872,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of XOM. Catalyst Financial Partners LLC raised its stake in Exxon Mobil by 2.7% during the third quarter. Catalyst Financial Partners LLC now owns 27,947 shares of the oil and gas company’s stock worth $3,276,000 after acquiring an additional 726 shares during the period. Voisard Asset Management Group Inc. raised its stake in Exxon Mobil by 3.3% during the third quarter. Voisard Asset Management Group Inc. now owns 4,634 shares of the oil and gas company’s stock worth $543,000 after acquiring an additional 147 shares during the period. S.A. Mason LLC raised its stake in Exxon Mobil by 4.3% during the third quarter. S.A. Mason LLC now owns 7,033 shares of the oil and gas company’s stock worth $824,000 after acquiring an additional 291 shares during the period. Cornerstone Wealth Group LLC raised its stake in Exxon Mobil by 1.0% during the third quarter. Cornerstone Wealth Group LLC now owns 82,500 shares of the oil and gas company’s stock worth $9,671,000 after acquiring an additional 791 shares during the period. Finally, Fiducient Advisors LLC raised its stake in Exxon Mobil by 224.2% during the third quarter. Fiducient Advisors LLC now owns 21,407 shares of the oil and gas company’s stock worth $2,509,000 after acquiring an additional 14,803 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. The Goldman Sachs Group increased their price objective on shares of Exxon Mobil from $118.00 to $120.00 in a research note on Thursday. Morgan Stanley dropped their price target on shares of Exxon Mobil from $142.00 to $140.00 in a research note on Thursday. Wolfe Research raised their price target on shares of Exxon Mobil from $137.00 to $138.00 in a research note on Thursday. UBS Group dropped their price target on shares of Exxon Mobil from $157.00 to $149.00 and set a “buy” rating on the stock in a research note on Wednesday, September 18th. Finally, JPMorgan Chase & Co. raised their price target on shares of Exxon Mobil from $127.00 to $128.00 in a research note on Thursday. One research analyst has rated the stock with a sell rating, eight have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Exxon Mobil presently has a consensus rating of “Moderate Buy” and a consensus target price of $130.37.

Exxon Mobil Price Performance

XOM stock opened at $114.98 on Friday. The firm has a 50-day moving average of $117.67 and a two-hundred day moving average of $116.36. The company has a current ratio of 1.36, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $453.35 billion, a PE ratio of 13.75, a P/E/G ratio of 4.83 and a beta of 0.89. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $126.34.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.10. The business had revenue of $93.06 billion during the quarter, compared to analyst estimates of $90.09 billion. Exxon Mobil had a net margin of 9.73% and a return on equity of 16.07%. The firm’s revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.94 earnings per share. On average, analysts forecast that Exxon Mobil Co. will post 8.05 earnings per share for the current 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.