Vanguard Personalized Indexing Management LLC Has $54.64 Million Stock Holdings in Exxon Mobil Corporation $XOM

Vanguard Personalized Indexing Management LLC lifted its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 12.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 504,007 shares of the oil and gas company’s stock after buying an additional 56,599 shares during the period. Exxon Mobil comprises approximately 0.6% of Vanguard Personalized Indexing Management LLC’s investment portfolio, making the stock its 19th biggest position. Vanguard Personalized Indexing Management LLC’s holdings in Exxon Mobil were worth $54,639,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Axis Wealth Partners LLC increased its stake in shares of Exxon Mobil by 1.8% in the second quarter. Axis Wealth Partners LLC now owns 5,056 shares of the oil and gas company’s stock valued at $545,000 after buying an additional 90 shares during the period. Park Edge Advisors LLC increased its position in Exxon Mobil by 0.3% in the 2nd quarter. Park Edge Advisors LLC now owns 32,031 shares of the oil and gas company’s stock valued at $3,453,000 after acquiring an additional 91 shares during the period. Willow Creek Wealth Management Inc. increased its position in Exxon Mobil by 3.6% in the 2nd quarter. Willow Creek Wealth Management Inc. now owns 2,640 shares of the oil and gas company’s stock valued at $285,000 after acquiring an additional 91 shares during the period. Chapin Davis Inc. increased its position in Exxon Mobil by 2.1% in the 2nd quarter. Chapin Davis Inc. now owns 4,607 shares of the oil and gas company’s stock valued at $497,000 after acquiring an additional 93 shares during the period. Finally, Cascade Investment Group Inc. increased its holdings in Exxon Mobil by 2.1% in the second quarter. Cascade Investment Group Inc. now owns 4,419 shares of the oil and gas company’s stock valued at $476,000 after purchasing an additional 93 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on XOM shares. Melius Research started coverage on Exxon Mobil in a research note on Wednesday, August 20th. They issued a “hold” rating and a $111.00 price target for the company. Melius started coverage on Exxon Mobil in a research note on Wednesday, August 20th. They issued a “hold” rating and a $111.00 price target for the company. Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a research report on Thursday, October 9th. TD Cowen increased their target price on shares of Exxon Mobil from $120.00 to $128.00 and gave the company a “buy” rating in a research report on Monday, June 23rd. Finally, Morgan Stanley increased their target price on shares of Exxon Mobil from $134.00 to $135.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $126.05.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 2,158 shares of the business’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $110.45, for a total value of $238,351.10. Following the transaction, the vice president directly owned 13,829 shares of the company’s stock, valued at approximately $1,527,413.05. The trade was a 13.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Up 0.1%

Shares of NYSE XOM opened at $112.40 on Wednesday. The stock has a market capitalization of $479.21 billion, a P/E ratio of 15.97, a P/E/G ratio of 2.03 and a beta of 0.51. The company has a 50-day moving average price of $111.52 and a 200-day moving average price of $109.34. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $123.21. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.25 and a quick ratio of 0.88.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 earnings per share (EPS) for the quarter. The firm had revenue of $57.55 billion during the quarter. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. On average, equities research analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 15th were given a $0.99 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $3.96 annualized dividend and a yield of 3.5%. Exxon Mobil’s payout ratio is currently 56.25%.

Exxon Mobil Company Profile

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.