Roberts Wealth Advisors LLC Increases Stock Position in Exxon Mobil Co. (NYSE:XOM)

Roberts Wealth Advisors LLC raised its position in shares of Exxon Mobil Co. (NYSE:XOMGet Rating) by 1.1% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,124 shares of the oil and gas company’s stock after buying an additional 159 shares during the period. Roberts Wealth Advisors LLC’s holdings in Exxon Mobil were worth $1,174,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in XOM. Norges Bank purchased a new stake in Exxon Mobil during the 4th quarter valued at $3,184,424,000. GQG Partners LLC boosted its position in Exxon Mobil by 21.8% during the 4th quarter. GQG Partners LLC now owns 32,397,153 shares of the oil and gas company’s stock valued at $1,982,114,000 after buying an additional 5,807,202 shares during the period. Renaissance Technologies LLC boosted its position in Exxon Mobil by 134.3% during the 4th quarter. Renaissance Technologies LLC now owns 6,313,354 shares of the oil and gas company’s stock valued at $386,314,000 after buying an additional 3,619,270 shares during the period. Geode Capital Management LLC boosted its position in Exxon Mobil by 5.1% during the 4th quarter. Geode Capital Management LLC now owns 70,815,006 shares of the oil and gas company’s stock valued at $4,322,078,000 after buying an additional 3,441,825 shares during the period. Finally, American Century Companies Inc. boosted its position in Exxon Mobil by 324.1% during the 4th quarter. American Century Companies Inc. now owns 2,618,221 shares of the oil and gas company’s stock valued at $160,209,000 after buying an additional 2,000,928 shares during the period. 54.07% of the stock is owned by institutional investors and hedge funds.

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

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

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

Several brokerages have commented on XOM. MKM Partners upped their price objective on shares of Exxon Mobil from $81.00 to $84.00 and gave the stock a “buy” rating in a report on Monday, March 7th. Wells Fargo & Company upped their price objective on shares of Exxon Mobil from $93.00 to $107.00 and gave the stock an “overweight” rating in a report on Friday, March 11th. StockNews.com lowered shares of Exxon Mobil from a “buy” rating to a “hold” rating in a report on Monday, May 2nd. The Goldman Sachs Group upped their price objective on shares of Exxon Mobil from $104.00 to $117.00 and gave the stock a “buy” rating in a report on Wednesday, June 8th. Finally, BMO Capital Markets upped their price objective on shares of Exxon Mobil from $73.00 to $86.00 and gave the stock a “hold” rating in a report on Thursday, March 3rd. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $89.24.

In other news, VP Darrin L. Talley sold 2,147 shares of the firm’s stock in a transaction dated Tuesday, June 7th. The shares were sold at an average price of $102.81, for a total transaction of $220,733.07. Following the sale, the vice president now owns 30,363 shares of the company’s stock, valued at approximately $3,121,620.03. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Darrin L. Talley sold 2,500 shares of the firm’s stock in a transaction dated Thursday, May 26th. The shares were sold at an average price of $96.65, for a total transaction of $241,625.00. Following the sale, 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 currently owned by company insiders.

About Exxon Mobil (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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