Roberts Wealth Advisors LLC Boosts Stock Position in Exxon Mobil Co. (NYSE:XOM)

Roberts Wealth Advisors LLC increased its position in Exxon Mobil Co. (NYSE:XOM) by 1.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,537 shares of the oil and gas company’s stock after acquiring an additional 211 shares during the quarter. Roberts Wealth Advisors LLC’s holdings in Exxon Mobil were worth $1,553,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. KB Financial Partners LLC purchased a new position in shares of Exxon Mobil in the first quarter valued at about $27,000. IMA Wealth Inc. lifted its holdings in Exxon Mobil by 720.0% in the 2nd quarter. IMA Wealth Inc. now owns 369 shares of the oil and gas company’s stock worth $40,000 after purchasing an additional 324 shares in the last quarter. FWL Investment Management LLC bought a new position in Exxon Mobil in the 4th quarter worth approximately $43,000. Turim 21 Investimentos Ltda. grew its holdings in Exxon Mobil by 222.5% during the 1st quarter. Turim 21 Investimentos Ltda. now owns 574 shares of the oil and gas company’s stock valued at $47,000 after buying an additional 396 shares in the last quarter. Finally, DHJJ Financial Advisors Ltd. bought a new stake in shares of Exxon Mobil during the third quarter valued at approximately $49,000. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Up 0.5 %

Exxon Mobil stock traded up $0.60 during midday trading on Wednesday, reaching $114.39. The stock had a trading volume of 1,814,955 shares, compared to its average volume of 18,306,650. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $120.70. The company has a fifty day moving average of $104.65 and a 200 day moving average of $105.90. The firm has a market cap of $453.88 billion, a price-to-earnings ratio of 12.80, a price-to-earnings-growth ratio of 4.20 and a beta of 0.96. The company has a quick ratio of 1.09, a current ratio of 1.48 and a debt-to-equity ratio of 0.18.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.20 by $0.28. The company had revenue of $84.34 billion during the quarter, compared to analysts’ expectations of $90.03 billion. Exxon Mobil had a return on equity of 18.51% and a net margin of 10.45%. Exxon Mobil’s revenue was down 11.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.40 EPS. On average, analysts anticipate that Exxon Mobil Co. will post 9.11 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Wednesday, February 14th were paid a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 3.32%. The ex-dividend date was Tuesday, February 13th. Exxon Mobil’s dividend payout ratio is presently 42.74%.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,400 shares of the business’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total value of $252,000.00. Following the completion of the sale, the vice president now directly owns 30,189 shares of the company’s stock, valued at approximately $3,169,845. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.04% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Mizuho upped their target price on shares of Exxon Mobil from $119.00 to $125.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 19th. JPMorgan Chase & Co. dropped their price objective on shares of Exxon Mobil from $134.00 to $127.00 and set an “overweight” rating for the company in a report on Friday, December 8th. Erste Group Bank reaffirmed a “hold” rating on shares of Exxon Mobil in a report on Friday, December 22nd. UBS Group decreased their target price on Exxon Mobil from $133.00 to $132.00 and set a “buy” rating on the stock in a research report on Tuesday, January 23rd. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $120.00 price target on shares of Exxon Mobil in a research note on Monday, February 5th. Nine investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $128.18.

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.