Authentikos Wealth Advisory LLC Purchases New Holdings in Exxon Mobil Corporation $XOM

Authentikos Wealth Advisory LLC acquired a new position in Exxon Mobil Corporation (NYSE:XOMFree Report) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 8,331 shares of the oil and gas company’s stock, valued at approximately $939,000.

Other institutional investors have also added to or reduced their stakes in the company. Westfuller Advisors LLC bought a new position in Exxon Mobil in the 3rd quarter worth about $30,000. Bare Financial Services Inc lifted its holdings in Exxon Mobil by 121.8% during the second quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock worth $39,000 after buying an additional 201 shares during the period. Clayton Financial Group LLC purchased a new stake in shares of Exxon Mobil during the 3rd quarter worth $40,000. TruNorth Capital Management LLC lifted its position in shares of Exxon Mobil by 1,595.2% during the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after buying an additional 335 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC lifted its position in shares of Exxon Mobil by 95.8% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock valued at $42,000 after buying an additional 181 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on XOM. Bank of America lifted their price objective on shares of Exxon Mobil from $129.00 to $135.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Loop Capital set a $123.00 target price on shares of Exxon Mobil in a research note on Tuesday. Wells Fargo & Company reduced their price target on Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a research report on Monday, February 2nd. Mizuho set a $140.00 price objective on Exxon Mobil in a report on Wednesday. Finally, TD Cowen raised their price objective on Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $140.59.

Check Out Our Latest Research Report on Exxon Mobil

Exxon Mobil News Summary

Here are the key news stories impacting Exxon Mobil this week:

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In the last 90 days, insiders have sold 11,000 shares of company stock valued at $1,406,570. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Stock Performance

Shares of XOM stock opened at $149.28 on Friday. The firm has a market capitalization of $629.54 billion, a price-to-earnings ratio of 22.31, a price-to-earnings-growth ratio of 15.49 and a beta of 0.39. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The business has a fifty day moving average of $125.78 and a 200 day moving average of $117.36. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $149.57.

Exxon Mobil (NYSE:XOMGet Free Report) last posted its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.08. The business had revenue of $82.31 billion for the quarter, compared to the consensus estimate of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The company’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.67 EPS. As a group, research analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Thursday, February 12th will be issued a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.8%. The ex-dividend date is Thursday, February 12th. Exxon Mobil’s dividend payout ratio is 61.58%.

Exxon Mobil Company Profile

(Free Report)

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

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

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