Catalyst Financial Partners LLC Has $3.28 Million Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

by · The Cerbat Gem

Catalyst Financial Partners LLC raised its stake in shares of Exxon Mobil Co. (NYSE:XOM – Free Report) by 2.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,947 shares of the oil and gas company’s stock after purchasing an additional 726 shares during the quarter. Exxon Mobil accounts for 0.6% of Catalyst Financial Partners LLC’s portfolio, making the stock its 25th largest holding. Catalyst Financial Partners LLC’s holdings in Exxon Mobil were worth $3,276,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of XOM. Voisard Asset Management Group Inc. grew its position in Exxon Mobil by 3.3% in the third quarter. Voisard Asset Management Group Inc. now owns 4,634 shares of the oil and gas company’s stock valued at $543,000 after acquiring an additional 147 shares during the period. S.A. Mason LLC boosted its stake in shares of Exxon Mobil by 4.3% in the 3rd quarter. S.A. Mason LLC now owns 7,033 shares of the oil and gas company’s stock valued at $824,000 after purchasing an additional 291 shares in the last quarter. Cornerstone Wealth Group LLC grew its holdings in shares of Exxon Mobil by 1.0% in the 3rd quarter. Cornerstone Wealth Group LLC now owns 82,500 shares of the oil and gas company’s stock worth $9,671,000 after purchasing an additional 791 shares during the last quarter. Fiducient Advisors LLC increased its position in shares of Exxon Mobil by 224.2% during the 3rd quarter. Fiducient Advisors LLC now owns 21,407 shares of the oil and gas company’s stock worth $2,509,000 after purchasing an additional 14,803 shares in the last quarter. Finally, JFS Wealth Advisors LLC lifted its holdings in Exxon Mobil by 25.1% during the 3rd quarter. JFS Wealth Advisors LLC now owns 36,111 shares of the oil and gas company’s stock valued at $4,233,000 after purchasing an additional 7,245 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Stock Down 1.5 %

Shares of NYSE XOM opened at $114.98 on Friday. The firm has a 50 day moving average price of $117.67 and a 200 day moving average price of $116.36. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.36. The stock has a market cap of $453.35 billion, a P/E ratio of 13.75, a P/E/G ratio of 4.83 and a beta of 0.89. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $126.34.

Exxon Mobil (NYSE:XOM – Get Free Report) last posted its earnings results on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.10. The firm had revenue of $93.06 billion during the quarter, compared to analysts’ expectations of $90.09 billion. Exxon Mobil had a return on equity of 16.07% and a net margin of 9.73%. The company’s revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.94 earnings per share. Analysts expect that Exxon Mobil Co. will post 8.05 EPS for the current year.

Analysts Set New Price Targets

Several analysts have recently weighed in on XOM shares. Barclays dropped their price objective on shares of Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating for the company in a report on Thursday, October 3rd. Sanford C. Bernstein reduced their price objective on Exxon Mobil from $139.00 to $138.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 17th. The Goldman Sachs Group raised their target price on Exxon Mobil from $118.00 to $120.00 in a research note on Thursday. JPMorgan Chase & Co. upped their price target on shares of Exxon Mobil from $127.00 to $128.00 in a research report on Thursday. Finally, Scotiabank upgraded shares of Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and raised their price objective for the company from $129.00 to $145.00 in a research report on Thursday, October 10th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $130.37.

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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

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