Exxon Mobil Co. (NYSE:XOM) Shares Bought by True Link Financial Advisors LLC

True Link Financial Advisors LLC grew its holdings in shares of Exxon Mobil Co. (NYSE:XOM) by 1.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,573 shares of the oil and gas company’s stock after purchasing an additional 144 shares during the period. Exxon Mobil makes up about 0.1% of True Link Financial Advisors LLC’s holdings, making the stock its 22nd biggest position. True Link Financial Advisors LLC’s holdings in Exxon Mobil were worth $1,345,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. WealthPlan Investment Management LLC grew its holdings in shares of Exxon Mobil by 8,150.6% in the 3rd quarter. WealthPlan Investment Management LLC now owns 13,861 shares of the oil and gas company’s stock worth $1,630,000 after acquiring an additional 13,693 shares during the period. Townsquare Capital LLC grew its holdings in shares of Exxon Mobil by 4.9% in the 3rd quarter. Townsquare Capital LLC now owns 138,270 shares of the oil and gas company’s stock worth $16,258,000 after acquiring an additional 6,483 shares during the period. Integrated Wealth Concepts LLC grew its holdings in shares of Exxon Mobil by 1.6% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 209,826 shares of the oil and gas company’s stock worth $24,671,000 after acquiring an additional 3,276 shares during the period. Stonebridge Capital Advisors LLC grew its holdings in shares of Exxon Mobil by 1.1% in the 3rd quarter. Stonebridge Capital Advisors LLC now owns 128,838 shares of the oil and gas company’s stock worth $15,149,000 after acquiring an additional 1,373 shares during the period. Finally, Essex Financial Services Inc. grew its holdings in shares of Exxon Mobil by 0.4% in the 3rd quarter. Essex Financial Services Inc. now owns 110,348 shares of the oil and gas company’s stock worth $12,975,000 after acquiring an additional 464 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Trading Up 0.5 %

Shares of XOM opened at $114.76 on Friday. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $452.50 billion, a P/E ratio of 14.06, a price-to-earnings-growth ratio of 4.15 and a beta of 0.91. The stock’s fifty day simple moving average is $114.88 and its 200 day simple moving average is $109.95. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $123.75.

Exxon Mobil (NYSE:XOM) last issued its 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). The firm had revenue of $83.08 billion during the quarter, compared to analysts’ expectations of $79.69 billion. Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The company’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same period last year, the business posted $2.83 earnings per share. On average, equities research analysts forecast that Exxon Mobil Co. will post 9.23 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 10th. Investors of record on Wednesday, May 15th were given a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 3.31%. The ex-dividend date was Tuesday, May 14th. Exxon Mobil’s dividend payout ratio (DPR) is currently 46.57%.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the firm’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $119.01, for a total value of $288,718.26. Following the transaction, the vice president now directly owns 25,363 shares of the company’s stock, valued at $3,018,450.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on XOM shares. HSBC upped their price target on Exxon Mobil from $111.00 to $120.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th. Truist Financial reiterated a “hold” rating and set a $124.00 target price (down previously from $146.00) on shares of Exxon Mobil in a report on Friday, June 7th. TD Cowen increased their target price on Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a report on Tuesday, April 30th. Wells Fargo & Company increased their target price on Exxon Mobil from $138.00 to $142.00 and gave the company an “overweight” rating in a report on Tuesday, April 30th. Finally, UBS Group increased their target price on Exxon Mobil from $152.00 to $154.00 and gave the company a “buy” rating in a report on Tuesday, June 25th. Nine research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $133.82.

About Exxon Mobil

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.