BDO Wealth Advisors LLC Grows Position in Exxon Mobil Co. (NYSE:XOM)

BDO Wealth Advisors LLC increased its position in shares of Exxon Mobil Co. (NYSE:XOMGet Rating) by 53.8% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 17,933 shares of the oil and gas company’s stock after buying an additional 6,272 shares during the quarter. BDO Wealth Advisors LLC’s holdings in Exxon Mobil were worth $1,481,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in XOM. LCM Capital Management Inc increased its stake in Exxon Mobil by 1.3% in the 1st quarter. LCM Capital Management Inc now owns 10,003 shares of the oil and gas company’s stock worth $826,000 after purchasing an additional 124 shares in the last quarter. Investors Research Corp grew its stake in Exxon Mobil by 1.6% during the 1st quarter. Investors Research Corp now owns 7,835 shares of the oil and gas company’s stock valued at $647,000 after acquiring an additional 125 shares in the last quarter. Moulton Wealth Management Inc. grew its stake in Exxon Mobil by 1.0% during the 1st quarter. Moulton Wealth Management Inc. now owns 12,197 shares of the oil and gas company’s stock valued at $1,014,000 after acquiring an additional 126 shares in the last quarter. Roble Belko & Company Inc grew its stake in Exxon Mobil by 2.4% during the 4th quarter. Roble Belko & Company Inc now owns 5,508 shares of the oil and gas company’s stock valued at $337,000 after acquiring an additional 129 shares in the last quarter. Finally, Schwarz Dygos Wheeler Investment Advisors LLC grew its stake in Exxon Mobil by 0.8% during the 4th quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 17,330 shares of the oil and gas company’s stock valued at $1,060,000 after acquiring an additional 130 shares in the last quarter. Hedge funds and other institutional investors own 54.07% of the company’s stock.

Exxon Mobil Stock Performance

XOM opened at $87.19 on Friday. The stock has a market cap of $367.29 billion, a PE ratio of 9.54, a P/E/G ratio of 0.32 and a beta of 1.09. The company has a current ratio of 1.16, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. Exxon Mobil Co. has a 1 year low of $52.10 and a 1 year high of $105.57. The stock’s 50 day simple moving average is $91.11 and its 200-day simple moving average is $85.81.

Exxon Mobil (NYSE:XOMGet Rating) last released its quarterly earnings data on Friday, July 29th. The oil and gas company reported $4.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.74 by $0.40. Exxon Mobil had a return on equity of 23.82% and a net margin of 10.67%. The business had revenue of $115.68 billion for the quarter, compared to analysts’ expectations of $111.67 billion. During the same period in the previous year, the business posted $1.10 earnings per share. Exxon Mobil’s quarterly revenue was up 70.8% on a year-over-year basis. Sell-side analysts forecast that Exxon Mobil Co. will post 12.24 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 9th. Shareholders of record on Friday, August 12th will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 4.04%. The ex-dividend date of this dividend is Thursday, August 11th. Exxon Mobil’s dividend payout ratio (DPR) is 38.51%.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,147 shares of the company’s stock in a transaction on Tuesday, June 7th. The stock was sold at an average price of $102.81, for a total value of $220,733.07. Following the sale, the vice president now directly owns 30,363 shares in the company, valued at $3,121,620.03. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Exxon Mobil news, VP Darrin L. Talley sold 2,500 shares of the business’s stock in a transaction on Monday, August 1st. The stock was sold at an average price of $94.60, for a total value of $236,500.00. Following the transaction, the vice president now owns 27,863 shares of the company’s stock, valued at $2,635,839.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Darrin L. Talley sold 2,147 shares of the business’s stock in a transaction on Tuesday, June 7th. The stock was sold at an average price of $102.81, for a total value of $220,733.07. Following the completion of the transaction, the vice president now directly owns 30,363 shares in the company, valued at approximately $3,121,620.03. The disclosure for this sale can be found here. Insiders have sold 7,147 shares of company stock worth $698,858 over the last three months. Company insiders own 0.04% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on XOM shares. Cowen lifted their target price on Exxon Mobil from $77.00 to $90.00 in a research note on Monday, May 2nd. StockNews.com cut Exxon Mobil from a “buy” rating to a “hold” rating in a research note on Monday, May 2nd. Evercore ISI raised Exxon Mobil from an “in-line” rating to an “outperform” rating and lifted their target price for the company from $88.00 to $120.00 in a research note on Tuesday, June 7th. They noted that the move was a valuation call. HSBC lifted their price target on Exxon Mobil from $92.50 to $97.50 and gave the company a “hold” rating in a report on Wednesday, July 20th. Finally, Morgan Stanley reduced their price target on Exxon Mobil from $107.00 to $106.00 and set an “overweight” rating for the company in a report on Tuesday, July 19th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, Exxon Mobil currently has a consensus rating of “Hold” and a consensus price target of $96.40.

Exxon Mobil Profile

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Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals; and captures and stores carbon, hydrogen, and biofuels.

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

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