Exxon Mobil Co. (NYSE:XOM) Shares Bought by Aletheian Wealth Advisors LLC

Aletheian Wealth Advisors LLC boosted its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 12.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,637 shares of the oil and gas company’s stock after purchasing an additional 983 shares during the period. Aletheian Wealth Advisors LLC’s holdings in Exxon Mobil were worth $1,004,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of XOM. Partnership Wealth Management LLC acquired a new position in shares of Exxon Mobil in the fourth quarter worth about $46,000. Vima LLC acquired a new position in shares of Exxon Mobil in the fourth quarter worth about $50,000. Keener Financial Planning LLC acquired a new position in shares of Exxon Mobil in the fourth quarter worth about $80,000. Neo Ivy Capital Management acquired a new position in shares of Exxon Mobil in the fourth quarter worth about $80,000. Finally, Orion Capital Management LLC acquired a new position in shares of Exxon Mobil in the third quarter worth about $91,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Performance

Exxon Mobil stock opened at $114.40 on Thursday. The firm has a 50 day simple moving average of $115.50 and a 200-day simple moving average of $109.39. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $123.75. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06. The stock has a market cap of $451.08 billion, a price-to-earnings ratio of 14.02, a price-to-earnings-growth ratio of 4.11 and a beta of 0.92.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing the consensus estimate of $2.19 by ($0.13). Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The firm had revenue of $83.08 billion during the quarter, compared to analysts’ expectations of $79.69 billion. During the same period last year, the company earned $2.83 EPS. The business’s quarterly revenue was down 4.0% on a year-over-year basis. On average, analysts expect that Exxon Mobil Co. will post 9.28 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th were paid a $0.95 dividend. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $3.80 annualized dividend and a dividend yield of 3.32%. Exxon Mobil’s dividend payout ratio (DPR) is 46.57%.

Insider Activity

In other news, VP Darrin L. Talley sold 2,426 shares of the stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the sale, the vice president now owns 25,363 shares of the company’s stock, valued at approximately $3,018,450.63. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

XOM has been the subject of a number of analyst reports. Mizuho upped their price objective on shares of Exxon Mobil from $125.00 to $128.00 and gave the stock a “neutral” rating in a research report on Monday, May 13th. TD Cowen boosted their target price on shares of Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research note on Tuesday, April 30th. Wells Fargo & Company boosted their target price on shares of Exxon Mobil from $138.00 to $142.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 30th. HSBC boosted their target price on shares of Exxon Mobil from $111.00 to $120.00 and gave the stock a “hold” rating in a research note on Tuesday, April 30th. Finally, Barclays began coverage on shares of Exxon Mobil in a research note on Wednesday, April 10th. They set an “overweight” rating and a $147.00 target price for the company. Nine analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, Exxon Mobil has a consensus rating of “Moderate Buy” and an average price target of $133.82.

Exxon Mobil 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.