Financial Synergies Wealth Advisors Inc. Has $5.45 Million Stake in Exxon Mobil Co. (NYSE:XOM)

Financial Synergies Wealth Advisors Inc. grew its holdings in Exxon Mobil Co. (NYSE:XOM) by 1.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 46,463 shares of the oil and gas company’s stock after purchasing an additional 477 shares during the quarter. Exxon Mobil comprises 0.7% of Financial Synergies Wealth Advisors Inc.’s portfolio, making the stock its 21st biggest holding. Financial Synergies Wealth Advisors Inc.’s holdings in Exxon Mobil were worth $5,446,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. FPC Investment Advisory Inc. acquired a new stake in Exxon Mobil in the 1st quarter valued at approximately $25,000. Fairway Wealth LLC acquired a new stake in shares of Exxon Mobil in the second quarter worth $35,000. Anfield Capital Management LLC grew its stake in shares of Exxon Mobil by 360.0% in the second quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company’s stock worth $37,000 after acquiring an additional 252 shares during the last quarter. Fairscale Capital LLC bought a new position in Exxon Mobil during the second quarter worth $39,000. Finally, POM Investment Strategies LLC raised its stake in Exxon Mobil by 918.9% during the 2nd quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company’s stock valued at $43,000 after purchasing an additional 340 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Stock Up 0.4 %

XOM opened at $125.36 on Tuesday. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $126.34. The firm has a market cap of $494.30 billion, a price-to-earnings ratio of 15.36, a PEG ratio of 4.86 and a beta of 0.89. The firm’s 50-day simple moving average is $116.31 and its 200-day simple moving average is $116.02. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.36.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.10. Exxon Mobil had a net margin of 9.73% and a return on equity of 16.07%. The firm had revenue of $93.06 billion for the quarter, compared to analysts’ expectations of $90.09 billion. During the same period in the prior year, the firm earned $1.94 earnings per share. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. Equities research analysts anticipate that Exxon Mobil Co. will post 8.06 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Thursday, August 15th were given a $0.95 dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a $3.80 annualized dividend and a yield of 3.03%. Exxon Mobil’s payout ratio is 46.57%.

Analyst Ratings Changes

XOM has been the topic of several research analyst reports. Redburn Atlantic restated a “neutral” rating and issued a $120.00 price target (up from $119.00) on shares of Exxon Mobil in a research report on Tuesday, September 24th. BMO Capital Markets lifted their target price on Exxon Mobil from $127.00 to $130.00 and gave the stock a “market perform” rating in a research report on Friday. Wolfe Research began coverage on Exxon Mobil in a report on Thursday, July 18th. They issued an “outperform” rating and a $146.00 price target for the company. UBS Group reduced their price objective on Exxon Mobil from $157.00 to $149.00 and set a “buy” rating for the company in a research report on Wednesday, September 18th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $135.00 price objective on shares of Exxon Mobil in a research report on Tuesday, July 9th. Eight equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $134.18.

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.