Measured Wealth Private Client Group LLC Has $672,000 Stock Holdings in Exxon Mobil Corporation $XOM

Measured Wealth Private Client Group LLC boosted its position in Exxon Mobil Corporation (NYSE:XOM) by 8.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,232 shares of the oil and gas company’s stock after buying an additional 473 shares during the quarter. Measured Wealth Private Client Group LLC’s holdings in Exxon Mobil were worth $672,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Eagle Capital Management LLC increased its holdings in shares of Exxon Mobil by 15.3% during the 1st quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after purchasing an additional 376 shares during the period. Harvest Fund Management Co. Ltd raised its holdings in shares of Exxon Mobil by 18.2% in the 1st quarter. Harvest Fund Management Co. Ltd now owns 1,085 shares of the oil and gas company’s stock worth $119,000 after buying an additional 167 shares in the last quarter. Davis R M Inc. raised its stake in Exxon Mobil by 5.6% during the first quarter. Davis R M Inc. now owns 445,354 shares of the oil and gas company’s stock worth $52,966,000 after acquiring an additional 23,632 shares in the last quarter. RVW Wealth LLC lifted its holdings in Exxon Mobil by 56.9% during the 1st quarter. RVW Wealth LLC now owns 8,343 shares of the oil and gas company’s stock valued at $992,000 after purchasing an additional 3,026 shares during the last quarter. Finally, Hoxton Planning & Management LLC bought a new position in shares of Exxon Mobil in the first quarter valued at approximately $958,000. 61.80% of the stock is owned by institutional investors.

Exxon Mobil Trading Up 0.4%

Exxon Mobil stock opened at $114.93 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.88 and a current ratio of 1.25. The stock has a market capitalization of $484.67 billion, a P/E ratio of 16.33, a PEG ratio of 2.06 and a beta of 0.49. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $120.81. The stock has a 50-day simple moving average of $114.78 and a 200 day simple moving average of $111.30.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share (EPS) for the quarter. The business had revenue of $57.55 billion during the quarter. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%. Analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th will be paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.6%. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date is Friday, November 14th. Exxon Mobil’s dividend payout ratio is 59.88%.

Analysts Set New Price Targets

A number of research firms recently issued reports on XOM. Wall Street Zen raised Exxon Mobil from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. Wells Fargo & Company started coverage on Exxon Mobil in a research note on Friday, October 17th. They issued an “overweight” rating and a $156.00 price target on the stock. Morgan Stanley lifted their price objective on shares of Exxon Mobil from $134.00 to $135.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Melius started coverage on Exxon Mobil in a report on Wednesday, August 20th. They set a “hold” rating and a $111.00 target price on the stock. Finally, Melius Research began coverage on shares of Exxon Mobil in a report on Wednesday, August 20th. They issued a “hold” rating and a $111.00 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $128.67.

About Exxon Mobil

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.