Kiley Juergens Wealth Management LLC Has $1.22 Million Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Kiley Juergens Wealth Management LLC lessened its position in Exxon Mobil Co. (NYSE:XOM) by 7.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,460 shares of the oil and gas company’s stock after selling 865 shares during the quarter. Kiley Juergens Wealth Management LLC’s holdings in Exxon Mobil were worth $1,216,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of XOM. Partnership Wealth Management LLC bought a new position in Exxon Mobil in the fourth quarter valued at approximately $46,000. Vima LLC bought a new position in Exxon Mobil in the fourth quarter valued at approximately $50,000. Keener Financial Planning LLC bought a new position in Exxon Mobil in the fourth quarter valued at approximately $80,000. Neo Ivy Capital Management bought a new position in Exxon Mobil in the fourth quarter valued at approximately $80,000. Finally, Orion Capital Management LLC bought a new position in Exxon Mobil in the third quarter valued at approximately $91,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,426 shares of the business’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the transaction, 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 legal filing with the Securities & Exchange Commission, which is available through this link. 0.03% of the stock is owned by insiders.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $114.81 on Thursday. The stock has a market capitalization of $452.70 billion, a PE ratio of 14.07, a P/E/G ratio of 4.10 and a beta of 0.91. 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 business has a fifty day moving average price of $115.00 and a two-hundred day moving average price of $109.91. Exxon Mobil Co. has a fifty-two week low of $95.77 and a fifty-two week high of $123.75.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data 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 company had revenue of $83.08 billion during the quarter, compared to analyst estimates of $79.69 billion. During the same period in the prior year, the firm earned $2.83 earnings per share. Exxon Mobil’s revenue was down 4.0% on a year-over-year basis. As a group, equities analysts predict that Exxon Mobil Co. will post 9.28 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th were issued a dividend of $0.95 per share. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.31%. Exxon Mobil’s dividend payout ratio (DPR) is currently 46.57%.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Scotiabank raised their price target on Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a research note on Thursday, April 11th. TD Cowen lifted their target price on Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research note on Tuesday, April 30th. UBS Group lifted their target price on Exxon Mobil from $152.00 to $154.00 and gave the stock a “buy” rating in a research note on Tuesday, June 25th. Barclays initiated coverage on Exxon Mobil in a research note on Wednesday, April 10th. They set an “overweight” rating and a $147.00 target price for the company. Finally, Morgan Stanley reiterated an “overweight” rating and set a $145.00 target price on shares of Exxon Mobil in a research note on Wednesday, May 15th. Nine investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $133.82.

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.