GW Henssler & Associates Ltd. Lowers Position in Exxon Mobil Co. (XOM)

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GW Henssler & Associates Ltd. decreased its stake in shares of Exxon Mobil Co. (NYSE:XOM) by 3.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 260,547 shares of the oil and gas company’s stock after selling 10,140 shares during the period. Exxon Mobil comprises 1.9% of GW Henssler & Associates Ltd.’s portfolio, making the stock its 10th largest holding. GW Henssler & Associates Ltd.’s holdings in Exxon Mobil were worth $17,767,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in Exxon Mobil by 1.0% in the third quarter. Vanguard Group Inc. now owns 329,558,203 shares of the oil and gas company’s stock worth $28,019,038,000 after acquiring an additional 3,269,684 shares during the period. Vanguard Group Inc raised its position in Exxon Mobil by 1.0% in the third quarter. Vanguard Group Inc now owns 329,558,203 shares of the oil and gas company’s stock worth $28,019,038,000 after acquiring an additional 3,269,684 shares during the period. Morgan Stanley raised its position in Exxon Mobil by 19.6% in the third quarter. Morgan Stanley now owns 22,022,731 shares of the oil and gas company’s stock worth $1,872,372,000 after acquiring an additional 3,614,568 shares during the period. Legal & General Group Plc raised its position in Exxon Mobil by 1.1% in the third quarter. Legal & General Group Plc now owns 20,342,056 shares of the oil and gas company’s stock worth $1,729,678,000 after acquiring an additional 216,323 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its position in Exxon Mobil by 2.1% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 14,020,654 shares of the oil and gas company’s stock worth $1,192,036,000 after acquiring an additional 284,946 shares during the period. Institutional investors own 54.53% of the company’s stock.

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

Shares of XOM stock opened at $81.13 on Friday. The firm has a market cap of $343.79 billion, a PE ratio of 16.46, a PEG ratio of 1.32 and a beta of 0.92. Exxon Mobil Co. has a one year low of $64.65 and a one year high of $87.36. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.51 and a current ratio of 0.84.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, February 1st. The oil and gas company reported $1.51 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.08 by $0.43. The firm had revenue of $71.90 billion for the quarter, compared to the consensus estimate of $78.87 billion. Exxon Mobil had a net margin of 7.18% and a return on equity of 10.84%. The company’s revenue was up 8.1% on a year-over-year basis. During the same period last year, the firm earned $0.88 EPS. On average, equities analysts forecast that Exxon Mobil Co. will post 4.1 EPS for the current fiscal year.

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

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