Wealth Management Nebraska Sells 126 Shares of Exxon Mobil Corporation $XOM

Wealth Management Nebraska lowered its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 5.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,152 shares of the oil and gas company’s stock after selling 126 shares during the quarter. Wealth Management Nebraska’s holdings in Exxon Mobil were worth $235,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of XOM. Axis Wealth Partners LLC raised its stake in 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 last quarter. Park Edge Advisors LLC raised its stake in Exxon Mobil by 0.3% in the second quarter. Park Edge Advisors LLC now owns 32,031 shares of the oil and gas company’s stock valued at $3,453,000 after buying an additional 91 shares during the last quarter. Willow Creek Wealth Management Inc. raised its stake in Exxon Mobil by 3.6% in the second quarter. Willow Creek Wealth Management Inc. now owns 2,640 shares of the oil and gas company’s stock valued at $285,000 after buying an additional 91 shares during the last quarter. Chapin Davis Inc. raised its stake in Exxon Mobil by 2.1% in the second quarter. Chapin Davis Inc. now owns 4,607 shares of the oil and gas company’s stock valued at $497,000 after buying an additional 93 shares during the last quarter. Finally, Gagnon Securities LLC raised its stake in Exxon Mobil by 1.3% in the first quarter. Gagnon Securities LLC now owns 7,235 shares of the oil and gas company’s stock valued at $860,000 after buying an additional 95 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Down 1.0%

Shares of XOM opened at $112.90 on Friday. The company has a current ratio of 1.25, a quick ratio of 0.88 and a debt-to-equity ratio of 0.12. Exxon Mobil Corporation has a 12 month low of $97.80 and a 12 month high of $124.26. The stock’s 50 day moving average is $111.30 and its two-hundred day moving average is $109.52. The firm has a market cap of $481.32 billion, a P/E ratio of 16.04, a PEG ratio of 2.06 and a beta of 0.51.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, August 1st. The oil and gas company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.47 by $0.17. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%.The company had revenue of $81.51 billion for the quarter, compared to analyst estimates of $79.07 billion. During the same period last year, the company earned $2.14 earnings per share. Exxon Mobil’s quarterly revenue was down 12.4% compared to the same quarter last year. Analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share 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 issued a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Friday, August 15th. Exxon Mobil’s dividend payout ratio (DPR) is presently 56.25%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on XOM. Morgan Stanley raised their price objective on Exxon Mobil from $134.00 to $135.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Scotiabank restated an “outperform” rating on shares of Exxon Mobil in a research note on Thursday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Exxon Mobil in a report on Wednesday. TD Cowen upped their price target on shares of Exxon Mobil from $120.00 to $128.00 and gave the company a “buy” rating in a report on Monday, June 23rd. Finally, Bank of America upped their price target on shares of Exxon Mobil from $113.00 to $120.00 and gave the company a “neutral” rating in a report on Wednesday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, Exxon Mobil presently has an average rating of “Moderate Buy” and a consensus price target of $125.95.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,158 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $110.45, for a total value of $238,351.10. Following the sale, the vice president directly owned 13,829 shares of the company’s stock, valued at approximately $1,527,413.05. This trade represents a 13.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.03% of the company’s stock.

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.