Roberts Wealth Advisors LLC Grows Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

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Roberts Wealth Advisors LLC grew its position in Exxon Mobil Co. (NYSE:XOMGet Rating) by 1.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,124 shares of the oil and gas company’s stock after acquiring an additional 159 shares during the quarter. Roberts Wealth Advisors LLC’s holdings in Exxon Mobil were worth $1,174,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. State Street Corp raised its stake in shares of Exxon Mobil by 0.4% in the fourth quarter. State Street Corp now owns 253,211,345 shares of the oil and gas company’s stock valued at $15,494,002,000 after acquiring an additional 1,128,974 shares during the period. Geode Capital Management LLC raised its stake in shares of Exxon Mobil by 5.1% in the fourth quarter. Geode Capital Management LLC now owns 70,815,006 shares of the oil and gas company’s stock valued at $4,322,078,000 after acquiring an additional 3,441,825 shares during the period. Norges Bank purchased a new stake in shares of Exxon Mobil in the fourth quarter valued at $3,184,424,000. GQG Partners LLC raised its stake in shares of Exxon Mobil by 21.8% in the fourth quarter. GQG Partners LLC now owns 32,397,153 shares of the oil and gas company’s stock valued at $1,982,114,000 after acquiring an additional 5,807,202 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Exxon Mobil by 0.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 30,619,880 shares of the oil and gas company’s stock valued at $1,873,632,000 after acquiring an additional 164,733 shares during the period. 54.07% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts have recently weighed in on XOM shares. Citigroup increased their target price on shares of Exxon Mobil from $80.00 to $90.00 and gave the company a “neutral” rating in a research note on Thursday, May 19th. StockNews.com cut shares of Exxon Mobil from a “buy” rating to a “hold” rating in a report on Monday, May 2nd. Morgan Stanley upped their price target on shares of Exxon Mobil from $103.00 to $107.00 and gave the stock an “overweight” rating in a report on Monday, June 6th. Barclays upped their price target on shares of Exxon Mobil from $98.00 to $111.00 and gave the stock an “overweight” rating in a report on Tuesday, May 31st. Finally, BMO Capital Markets upped their price target on shares of Exxon Mobil from $73.00 to $86.00 and gave the stock a “hold” rating in a report on Thursday, March 3rd. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $89.24.

NYSE:XOM opened at $87.86 on Thursday. Exxon Mobil Co. has a fifty-two week low of $52.10 and a fifty-two week high of $105.57. The stock has a market capitalization of $370.11 billion, a P/E ratio of 14.57, a P/E/G ratio of 0.35 and a beta of 1.05. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.76 and a current ratio of 1.07. The company’s 50-day simple moving average is $91.53 and its 200-day simple moving average is $80.64.

Exxon Mobil (NYSE:XOMGet Rating) last released its quarterly earnings results on Friday, April 29th. The oil and gas company reported $2.07 earnings per share for the quarter, missing analysts’ consensus estimates of $2.25 by ($0.18). Exxon Mobil had a net margin of 8.14% and a return on equity of 16.97%. The firm had revenue of $90.50 billion during the quarter, compared to the consensus estimate of $83.57 billion. During the same quarter in the prior year, the business posted $0.65 earnings per share. The firm’s quarterly revenue was up 53.0% on a year-over-year basis. On average, research analysts forecast that Exxon Mobil Co. will post 10.26 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, June 10th. Stockholders of record on Friday, May 13th were issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date of this dividend was Thursday, May 12th. Exxon Mobil’s dividend payout ratio is currently 58.37%.

In related news, VP Darrin L. Talley sold 2,500 shares of the stock in a transaction that occurred on Thursday, May 26th. The shares were sold at an average price of $96.65, for a total value of $241,625.00. Following the completion of the transaction, the vice president now directly owns 32,510 shares of the company’s stock, valued at approximately $3,142,091.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Darrin L. Talley sold 2,147 shares of the stock in a transaction that occurred on Tuesday, June 7th. The shares were sold at an average price of $102.81, for a total transaction of $220,733.07. Following the completion of the transaction, the vice president now directly owns 30,363 shares of the company’s stock, valued at $3,121,620.03. The disclosure for this sale can be found here. 0.04% of the stock is currently owned by company insiders.

Exxon Mobil Company Profile (Get Rating)

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals; and captures and stores carbon, hydrogen, and biofuels.

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