Gibson Wealth Advisors LLC Raises Stock Position in Exxon Mobil Co. (NYSE:XOM)

Gibson Wealth Advisors LLC boosted its stake in Exxon Mobil Co. (NYSE:XOM) by 5.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,315 shares of the oil and gas company’s stock after purchasing an additional 1,094 shares during the period. Exxon Mobil comprises approximately 2.3% of Gibson Wealth Advisors LLC’s investment portfolio, making the stock its 7th biggest position. Gibson Wealth Advisors LLC’s holdings in Exxon Mobil were worth $2,454,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. J. W. Coons Advisors LLC raised its holdings in Exxon Mobil by 0.5% during the 4th quarter. J. W. Coons Advisors LLC now owns 39,609 shares of the oil and gas company’s stock worth $3,960,000 after purchasing an additional 208 shares during the last quarter. CIBC Private Wealth Group LLC increased its position in shares of Exxon Mobil by 0.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 549,549 shares of the oil and gas company’s stock worth $54,944,000 after buying an additional 3,608 shares during the period. First Trust Advisors LP raised its stake in Exxon Mobil by 25.8% during the fourth quarter. First Trust Advisors LP now owns 2,378,263 shares of the oil and gas company’s stock worth $237,779,000 after buying an additional 488,121 shares during the last quarter. Capital International Investors lifted its holdings in Exxon Mobil by 22.8% in the fourth quarter. Capital International Investors now owns 21,988,523 shares of the oil and gas company’s stock valued at $2,198,413,000 after buying an additional 4,084,458 shares during the period. Finally, Capital Research Global Investors boosted its position in Exxon Mobil by 6.0% during the fourth quarter. Capital Research Global Investors now owns 18,388,299 shares of the oil and gas company’s stock valued at $1,838,462,000 after acquiring an additional 1,037,226 shares during the last quarter. 61.80% of the stock is owned by institutional investors.

Exxon Mobil Trading Up 2.3 %

NYSE:XOM opened at $119.97 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.36 and a quick ratio of 1.01. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $123.75. The company has a market cap of $473.04 billion, a PE ratio of 14.70, a PEG ratio of 4.86 and a beta of 0.90. The firm has a 50-day moving average of $115.93 and a 200-day moving average of $115.81.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, August 2nd. The oil and gas company reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $2.04 by $0.10. The firm had revenue of $93.06 billion during the quarter, compared to analyst estimates of $90.09 billion. Exxon Mobil had a return on equity of 16.07% and a net margin of 9.73%. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.94 EPS. As a group, equities research analysts expect that Exxon Mobil Co. will post 8.06 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Thursday, August 15th were paid a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 3.17%. The ex-dividend date was Thursday, August 15th. Exxon Mobil’s dividend payout ratio (DPR) is presently 46.57%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on XOM. Mizuho lifted their price objective on Exxon Mobil from $128.00 to $130.00 and gave the stock a “neutral” rating in a research report on Monday, September 16th. Wells Fargo & Company boosted their price target on Exxon Mobil from $135.00 to $136.00 and gave the company an “overweight” rating in a research note on Friday, September 27th. Barclays reduced their price objective on shares of Exxon Mobil from $147.00 to $142.00 and set an “overweight” rating for the company in a research report on Tuesday, July 9th. Royal Bank of Canada reiterated a “sector perform” rating and set a $135.00 target price on shares of Exxon Mobil in a research report on Tuesday, July 9th. Finally, Redburn Atlantic reissued a “neutral” rating and set a $120.00 target price (up from $119.00) on shares of Exxon Mobil in a research note on Tuesday, September 24th. Eight analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $134.75.

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.