Exxon Mobil Co. (NYSE:XOM) Position Increased by Legacy Advisors LLC

Legacy Advisors LLC boosted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 2.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,209 shares of the oil and gas company’s stock after purchasing an additional 490 shares during the period. Legacy Advisors LLC’s holdings in Exxon Mobil were worth $1,242,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Legacy Capital Partners Inc. increased its stake in Exxon Mobil by 0.6% during the fourth quarter. Legacy Capital Partners Inc. now owns 44,725 shares of the oil and gas company’s stock valued at $3,050,000 after acquiring an additional 275 shares during the period. Plimoth Trust Co. LLC boosted its holdings in Exxon Mobil by 0.8% during the third quarter. Plimoth Trust Co. LLC now owns 56,329 shares of the oil and gas company’s stock valued at $4,789,000 after purchasing an additional 430 shares in the last quarter. Independent Investors Inc. boosted its holdings in Exxon Mobil by 0.7% during the fourth quarter. Independent Investors Inc. now owns 73,411 shares of the oil and gas company’s stock valued at $5,005,000 after purchasing an additional 500 shares in the last quarter. First National Bank Sioux Falls boosted its holdings in Exxon Mobil by 5.5% during the fourth quarter. First National Bank Sioux Falls now owns 10,053 shares of the oil and gas company’s stock valued at $686,000 after purchasing an additional 528 shares in the last quarter. Finally, Bath Savings Trust Co boosted its holdings in Exxon Mobil by 0.3% during the fourth quarter. Bath Savings Trust Co now owns 200,188 shares of the oil and gas company’s stock valued at $13,650,000 after purchasing an additional 539 shares in the last quarter. 54.53% of the stock is owned by hedge funds and other institutional investors.

Shares of XOM traded down $0.30 on Friday, hitting $81.13. The company’s stock had a trading volume of 9,493,885 shares, compared to its average volume of 9,619,611. The company has a market capitalization of $343.79 billion, a P/E ratio of 16.29, a PEG ratio of 1.34 and a beta of 0.92. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.84 and a quick ratio of 0.51. Exxon Mobil Co. has a fifty-two week low of $64.65 and a fifty-two week high of $87.36.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, February 1st. The oil and gas company reported $1.51 EPS for the quarter, topping the consensus estimate of $1.08 by $0.43. The business had revenue of $71.90 billion for the quarter, compared to the consensus estimate of $78.87 billion. Exxon Mobil had a return on equity of 10.84% and a net margin of 7.18%. Exxon Mobil’s revenue was up 8.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.88 EPS. On average, sell-side analysts anticipate that Exxon Mobil Co. will post 4.18 EPS for the current fiscal year.

A number of equities research analysts have weighed in on the company. Tudor Pickering assumed coverage on Exxon Mobil in a report on Monday, April 8th. They set a “hold” rating and a $82.49 price objective on the stock. Berenberg Bank reaffirmed a “hold” rating and set a $76.00 price objective on shares of Exxon Mobil in a report on Thursday, April 11th. Wells Fargo & Co lifted their price objective on Exxon Mobil from $76.00 to $80.00 and gave the company a “market perform” rating in a report on Wednesday, April 3rd. Morgan Stanley assumed coverage on Exxon Mobil in a report on Monday, April 1st. They set an “equal weight” rating and a $84.00 price objective on the stock. Finally, Bank of America set a $105.00 price objective on Exxon Mobil and gave the company a “buy” rating in a report on Thursday, March 7th. Three analysts have rated the stock with a sell rating, fourteen have given a hold rating and eight have given a buy rating to the stock. Exxon Mobil has an average rating of “Hold” and an average target price of $84.71.

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Exxon Mobil Company Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.

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