Widmann Financial Services Inc. Has $3.59 Million Holdings in Exxon Mobil Co. (NYSE:XOM)

Widmann Financial Services Inc. lifted its position in Exxon Mobil Co. (NYSE:XOMFree Report) by 15.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,492 shares of the oil and gas company’s stock after acquiring an additional 4,110 shares during the period. Exxon Mobil accounts for about 3.6% of Widmann Financial Services Inc.’s investment portfolio, making the stock its 7th largest holding. Widmann Financial Services Inc.’s holdings in Exxon Mobil were worth $3,585,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. KB Financial Partners LLC bought a new position in shares of Exxon Mobil in the 1st quarter worth approximately $27,000. IMA Wealth Inc. increased its position in Exxon Mobil by 720.0% during the 2nd quarter. IMA Wealth Inc. now owns 369 shares of the oil and gas company’s stock valued at $40,000 after buying an additional 324 shares in the last quarter. FWL Investment Management LLC bought a new position in Exxon Mobil during the 4th quarter valued at approximately $43,000. DHJJ Financial Advisors Ltd. bought a new position in Exxon Mobil during the 3rd quarter valued at approximately $49,000. Finally, Studio Investment Management LLC bought a new position in Exxon Mobil during the 4th quarter valued at approximately $49,000. Institutional investors own 58.53% of the company’s stock.

Exxon Mobil Trading Up 1.6 %

Exxon Mobil stock opened at $104.81 on Wednesday. The business has a 50-day simple moving average of $100.94 and a two-hundred day simple moving average of $106.42. The company has a market cap of $415.35 billion, a P/E ratio of 10.41, a P/E/G ratio of 3.70 and a beta of 0.97. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $120.70. The company has a quick ratio of 1.08, a current ratio of 1.42 and a debt-to-equity ratio of 0.18.

Insider Buying and Selling at Exxon Mobil

In related news, VP Leonard M. Fox sold 12,000 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $102.65, for a total transaction of $1,231,800.00. Following the completion of the transaction, the vice president now directly owns 220,678 shares in the company, valued at approximately $22,652,596.70. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, VP Leonard M. Fox sold 12,000 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $102.65, for a total transaction of $1,231,800.00. Following the completion of the transaction, the vice president now directly owns 220,678 shares in the company, valued at approximately $22,652,596.70. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Jeffrey W. Ubben sold 2,077,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $104.06, for a total value of $216,132,620.00. Following the transaction, the director now owns 13,000 shares of the company’s stock, valued at $1,352,780. The disclosure for this sale can be found here. Corporate insiders own 0.04% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on XOM. TD Cowen raised Exxon Mobil from a “market perform” rating to an “outperform” rating and set a $115.00 price objective for the company in a research report on Tuesday, January 23rd. Erste Group Bank reaffirmed a “hold” rating on shares of Exxon Mobil in a research report on Friday, December 22nd. UBS Group reduced their price objective on Exxon Mobil from $133.00 to $132.00 and set a “buy” rating for the company in a research report on Tuesday, January 23rd. Redburn Atlantic upgraded Exxon Mobil from a “neutral” rating to a “buy” rating and increased their target price for the company from $116.00 to $119.00 in a research note on Tuesday, January 9th. Finally, Mizuho downgraded Exxon Mobil from a “buy” rating to a “neutral” rating and set a $117.00 target price on the stock. in a research note on Wednesday, January 3rd. Ten investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $127.35.

View Our Latest Analysis on XOM

Exxon Mobil Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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