WJ Financial Advisors LLC Acquires New Holdings in Exxon Mobil Corporation $XOM

WJ Financial Advisors LLC bought a new position in shares of Exxon Mobil Corporation (NYSE:XOM) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 3,440 shares of the oil and gas company’s stock, valued at approximately $388,000.

Several other large investors have also recently modified their holdings of XOM. Eagle Capital Management LLC increased its position in shares of Exxon Mobil by 15.3% during the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after buying an additional 376 shares during the period. Caxton Associates LLP acquired a new stake in Exxon Mobil during the 1st quarter worth about $305,000. Sivia Capital Partners LLC grew its holdings in Exxon Mobil by 1.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock worth $1,211,000 after acquiring an additional 207 shares during the period. Castellan Group raised its position in shares of Exxon Mobil by 2.9% in the 2nd quarter. Castellan Group now owns 26,470 shares of the oil and gas company’s stock worth $2,853,000 after acquiring an additional 740 shares in the last quarter. Finally, Concord Asset Management LLC VA lifted its stake in shares of Exxon Mobil by 13.0% in the 2nd quarter. Concord Asset Management LLC VA now owns 36,923 shares of the oil and gas company’s stock valued at $3,980,000 after purchasing an additional 4,243 shares during the period. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Down 1.0%

Shares of Exxon Mobil stock opened at $148.47 on Friday. The company has a market capitalization of $626.12 billion, a P/E ratio of 22.19, a price-to-earnings-growth ratio of 15.59 and a beta of 0.39. The stock has a fifty day simple moving average of $129.26 and a 200 day simple moving average of $118.73. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $156.93. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data 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. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The business had revenue of $82.31 billion for the quarter, compared to analysts’ expectations of $77.98 billion. During the same period last year, the business earned $1.67 EPS. The business’s revenue was down 1.3% on a year-over-year basis. On average, sell-side analysts anticipate 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 will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be given a $1.03 dividend. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.8%. Exxon Mobil’s payout ratio is currently 61.58%.

Analysts Set New Price Targets

XOM has been the topic of a number of research analyst reports. Citigroup increased their price target on Exxon Mobil from $115.00 to $118.00 and gave the stock a “neutral” rating in a report on Wednesday, December 10th. Loop Capital set a $123.00 target price on shares of Exxon Mobil in a research report on Tuesday, February 3rd. Zacks Research upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a report on Friday, January 30th. TD Cowen lifted their price target on shares of Exxon Mobil from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. Finally, Morgan Stanley dropped their price objective on shares of Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating on the stock in a report on Friday, January 23rd. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $140.59.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the sale, the vice president directly owned 23,584 shares of the company’s stock, valued at $3,295,864. This trade represents a 17.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In the last ninety days, insiders sold 14,230 shares of company stock valued at $1,888,421. 0.03% of the stock is owned by corporate insiders.

About Exxon Mobil

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.