WJ Financial Advisors LLC Takes Position in Exxon Mobil Corporation $XOM

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

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Westfuller Advisors LLC purchased a new stake in shares of Exxon Mobil during the third quarter worth $30,000. Clayton Financial Group LLC purchased a new stake in Exxon Mobil during the 3rd quarter worth about $40,000. TruNorth Capital Management LLC boosted its stake in Exxon Mobil by 1,595.2% in the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after purchasing an additional 335 shares during the period. Bare Financial Services Inc grew its holdings in Exxon Mobil by 121.8% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock valued at $39,000 after buying an additional 201 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC grew its holdings in Exxon Mobil by 95.8% during the 3rd 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 in the last quarter. Institutional investors own 61.80% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. Sanford C. Bernstein lowered their target price on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. UBS Group reissued a “buy” rating and issued a $171.00 price target on shares of Exxon Mobil in a report on Monday, February 2nd. Wells Fargo & Company reduced their price target on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating for the company in a research report on Monday, February 2nd. Finally, Loop Capital set a $123.00 price objective on Exxon Mobil in a research report on Tuesday, February 3rd. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Exxon Mobil has an average rating of “Hold” and an average target price of $140.59.

Exxon Mobil Price Performance

XOM stock opened at $148.47 on Friday. The firm has a 50 day simple moving average of $129.26 and a two-hundred day simple moving average of $118.73. The stock has a market cap of $626.12 billion, a PE ratio of 22.19, a P/E/G ratio of 15.59 and a beta of 0.39. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $156.93. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79.

Exxon Mobil (NYSE:XOM) last posted 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 net margin of 8.68% and a return on equity of 11.21%. The firm had revenue of $82.31 billion for the quarter, compared to analysts’ expectations of $77.98 billion. During the same quarter last year, the company posted $1.67 EPS. The business’s quarterly revenue was down 1.3% on a year-over-year basis. On average, analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be paid a dividend of $1.03 per share. 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 61.58%.

Insider Activity

In other news, VP Darrin L. Talley sold 5,000 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $139.75, for a total transaction of $698,750.00. Following the transaction, the vice president directly owned 23,584 shares in the company, valued at approximately $3,295,864. This represents a 17.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders sold 14,230 shares of company stock valued at $1,888,421. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Profile

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.