McKinley Carter Wealth Services Inc. Grows Holdings in Exxon Mobil Co. (XOM)

McKinley Carter Wealth Services Inc. grew its position in shares of Exxon Mobil Co. (NYSE:XOM) by 6.3% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,313 shares of the oil and gas company’s stock after purchasing an additional 2,220 shares during the period. Exxon Mobil makes up about 1.2% of McKinley Carter Wealth Services Inc.’s holdings, making the stock its 16th largest holding. McKinley Carter Wealth Services Inc.’s holdings in Exxon Mobil were worth $3,059,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in XOM. Grubman Wealth Management increased its position in shares of Exxon Mobil by 21.7% during the second quarter. Grubman Wealth Management now owns 3,944 shares of the oil and gas company’s stock worth $318,000 after acquiring an additional 702 shares during the period. Perkins Coie Trust Co increased its position in shares of Exxon Mobil by 47.6% during the second quarter. Perkins Coie Trust Co now owns 9,784 shares of the oil and gas company’s stock worth $790,000 after acquiring an additional 3,154 shares during the period. City Holding Co. increased its position in shares of Exxon Mobil by 8.4% during the second quarter. City Holding Co. now owns 57,478 shares of the oil and gas company’s stock worth $4,639,000 after acquiring an additional 4,450 shares during the period. Oakmont Partners LLC increased its position in shares of Exxon Mobil by 12.4% during the second quarter. Oakmont Partners LLC now owns 8,241 shares of the oil and gas company’s stock worth $665,000 after acquiring an additional 911 shares during the period. Finally, Dynamic Advisors Solutions LLC increased its position in shares of Exxon Mobil by 46.6% during the second quarter. Dynamic Advisors Solutions LLC now owns 17,432 shares of the oil and gas company’s stock worth $1,407,000 after acquiring an additional 5,538 shares during the period. Institutional investors own 51.06% of the company’s stock.

Exxon Mobil Co. (NYSE XOM) opened at $87.15 on Friday. The company has a quick ratio of 0.54, a current ratio of 0.85 and a debt-to-equity ratio of 0.13. Exxon Mobil Co. has a 12 month low of $76.05 and a 12 month high of $88.21. The stock has a market cap of $369,260.00, a price-to-earnings ratio of 28.39, a price-to-earnings-growth ratio of 1.35 and a beta of 0.82.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, October 27th. The oil and gas company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.04. Exxon Mobil had a net margin of 6.34% and a return on equity of 8.81%. The company had revenue of $66.17 billion during the quarter, compared to the consensus estimate of $63.51 billion. During the same quarter in the prior year, the firm posted $0.63 earnings per share. equities research analysts forecast that Exxon Mobil Co. will post 3.68 EPS for the current fiscal year.

In other Exxon Mobil news, VP Robert N. Schleckser sold 5,601 shares of the company’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $83.93, for a total value of $470,091.93. Following the completion of the transaction, the vice president now owns 187,663 shares in the company, valued at $15,750,555.59. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Robert N. Schleckser sold 4,877 shares of the company’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $83.37, for a total transaction of $406,595.49. Following the completion of the transaction, the vice president now owns 187,663 shares of the company’s stock, valued at approximately $15,645,464.31. The disclosure for this sale can be found here. Insiders sold 51,357 shares of company stock valued at $4,273,910 in the last 90 days. 0.08% of the stock is currently owned by insiders.

XOM has been the topic of a number of recent research reports. Howard Weil raised Exxon Mobil from an “outperform” rating to a “focus list” rating in a research report on Friday, December 22nd. Vetr raised Exxon Mobil from a “buy” rating to a “strong-buy” rating and set a $92.50 price objective on the stock in a research report on Thursday, December 7th. Goldman Sachs Group set a $86.00 price objective on Exxon Mobil and gave the stock a “neutral” rating in a research report on Monday, October 30th. UBS Group set a $83.00 price objective on Exxon Mobil and gave the stock a “neutral” rating in a research report on Monday, December 4th. Finally, Royal Bank of Canada cut their price objective on Exxon Mobil from $90.00 to $85.00 and set a “sector perform” rating on the stock in a research report on Thursday, November 16th. Seven investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating, eight have given a buy rating and two have issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $86.71.

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Exxon Mobil Company Profile

Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.

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

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