Pure Financial Advisors LLC Has $695,000 Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Pure Financial Advisors LLC grew its position in shares of Exxon Mobil Co. (NYSE:XOMGet Rating) by 15.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,412 shares of the oil and gas company’s stock after purchasing an additional 1,119 shares during the quarter. Pure Financial Advisors LLC’s holdings in Exxon Mobil were worth $695,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Guardian Wealth Management Inc. acquired a new position in shares of Exxon Mobil in the fourth quarter worth approximately $30,000. Horan Securities Inc. acquired a new position in shares of Exxon Mobil in the fourth quarter worth approximately $31,000. West Bancorporation Inc. acquired a new position in shares of Exxon Mobil in the fourth quarter worth approximately $32,000. Nvwm LLC lifted its stake in shares of Exxon Mobil by 100.0% in the fourth quarter. Nvwm LLC now owns 600 shares of the oil and gas company’s stock worth $36,000 after acquiring an additional 300 shares during the period. Finally, Core Wealth Advisors Inc. lifted its stake in shares of Exxon Mobil by 454.5% in the fourth quarter. Core Wealth Advisors Inc. now owns 610 shares of the oil and gas company’s stock worth $37,000 after acquiring an additional 500 shares during the period. 54.07% of the stock is currently owned by hedge funds and other institutional investors.

NYSE XOM opened at $87.86 on Thursday. The company has a market cap of $370.11 billion, a price-to-earnings ratio of 14.57, a P/E/G ratio of 0.35 and a beta of 1.05. Exxon Mobil Co. has a 52 week low of $52.10 and a 52 week high of $105.57. The business has a 50 day moving average price of $91.53 and a 200-day moving average price of $80.64. The company has a quick ratio of 0.76, a current ratio of 1.07 and a debt-to-equity ratio of 0.24.

Exxon Mobil (NYSE:XOMGet Rating) last announced its earnings results on Friday, April 29th. The oil and gas company reported $2.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.25 by ($0.18). The company had revenue of $90.50 billion for the quarter, compared to analysts’ expectations of $83.57 billion. Exxon Mobil had a net margin of 8.14% and a return on equity of 16.97%. The firm’s quarterly revenue was up 53.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.65 EPS. On average, equities research analysts anticipate that Exxon Mobil Co. will post 10.26 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, June 10th. Investors of record on Friday, May 13th were given a dividend of $0.88 per share. The ex-dividend date of this dividend was Thursday, May 12th. This represents a $3.52 annualized dividend and a dividend yield of 4.01%. Exxon Mobil’s payout ratio is 58.37%.

In other Exxon Mobil news, 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 transaction, the vice president now owns 30,363 shares of the company’s stock, valued at $3,121,620.03. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Darrin L. Talley sold 2,500 shares of the business’s stock in a transaction on Thursday, May 26th. The stock was sold at an average price of $96.65, for a total value of $241,625.00. Following the completion of the transaction, the vice president now directly owns 32,510 shares in the company, valued at approximately $3,142,091.50. The disclosure for this sale can be found here. 0.04% of the stock is owned by insiders.

A number of equities analysts recently commented on the company. Royal Bank of Canada raised Exxon Mobil from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from $90.00 to $100.00 in a research note on Thursday, April 21st. MKM Partners lifted their price objective on Exxon Mobil from $81.00 to $84.00 and gave the stock a “buy” rating in a research note on Monday, March 7th. Evercore ISI upgraded Exxon Mobil from an “in-line” rating to an “outperform” rating and lifted their target price for the stock from $88.00 to $120.00 in a report on Tuesday, June 7th. They noted that the move was a valuation call. Truist Financial lifted their target price on Exxon Mobil from $75.00 to $84.00 in a report on Thursday, April 21st. Finally, Morgan Stanley lifted their target price on Exxon Mobil from $103.00 to $107.00 and gave the stock an “overweight” rating in a report on Monday, June 6th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $89.24.

Exxon Mobil Profile (Get Rating)

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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