Consilium Wealth Advisory LLC Purchases New Shares in Exxon Mobil Co. (NYSE:XOM)

Consilium Wealth Advisory LLC acquired a new position in shares of Exxon Mobil Co. (NYSE:XOM) during the third quarter, Holdings Channel reports. The fund acquired 8,448 shares of the oil and gas company’s stock, valued at approximately $990,000.

Several other institutional investors have also recently made changes to their positions in the company. Etfidea LLC increased its stake in Exxon Mobil by 3.3% in the 2nd quarter. Etfidea LLC now owns 2,669 shares of the oil and gas company’s stock valued at $307,000 after buying an additional 85 shares during the last quarter. Bigelow Investment Advisors LLC increased its position in shares of Exxon Mobil by 0.6% during the second quarter. Bigelow Investment Advisors LLC now owns 13,543 shares of the oil and gas company’s stock valued at $1,559,000 after acquiring an additional 86 shares during the last quarter. Integral Investment Advisors Inc. lifted its holdings in Exxon Mobil by 2.1% during the second quarter. Integral Investment Advisors Inc. now owns 4,207 shares of the oil and gas company’s stock worth $483,000 after acquiring an additional 87 shares during the period. CBIZ Investment Advisory Services LLC boosted its position in Exxon Mobil by 15.2% in the second quarter. CBIZ Investment Advisory Services LLC now owns 660 shares of the oil and gas company’s stock worth $76,000 after purchasing an additional 87 shares during the last quarter. Finally, Mascoma Wealth Management LLC grew its stake in Exxon Mobil by 7.0% in the 2nd quarter. Mascoma Wealth Management LLC now owns 1,343 shares of the oil and gas company’s stock valued at $155,000 after purchasing an additional 88 shares during the period. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Up 0.1 %

Shares of NYSE:XOM opened at $121.15 on Friday. The company has a market cap of $477.70 billion, a price-to-earnings ratio of 15.09, a PEG ratio of 4.96 and a beta of 0.90. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $126.34. The firm has a fifty day moving average price of $117.78 and a two-hundred day moving average price of $116.36. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.91 by $0.01. The business had revenue of $90.02 billion during the quarter, compared to analysts’ expectations of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The firm’s revenue was down .8% on a year-over-year basis. During the same period in the previous year, the business earned $2.27 earnings per share. Analysts anticipate that Exxon Mobil Co. will post 7.97 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Thursday, November 14th will be given a dividend of $0.99 per share. The ex-dividend date is Thursday, November 14th. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a yield of 3.27%. Exxon Mobil’s payout ratio is presently 47.32%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on XOM shares. JPMorgan Chase & Co. boosted their price target on shares of Exxon Mobil from $127.00 to $128.00 in a report on Thursday, October 31st. Evercore ISI raised shares of Exxon Mobil to a “strong-buy” rating in a research report on Monday, August 5th. TD Cowen decreased their price target on shares of Exxon Mobil from $130.00 to $127.00 and set a “buy” rating for the company in a research note on Monday. Royal Bank of Canada reiterated a “sector perform” rating and issued a $120.00 price objective on shares of Exxon Mobil in a research note on Monday. Finally, BMO Capital Markets raised 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, October 4th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $129.95.

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.