Rowlandmiller & PARTNERS.ADV Has $9.04 Million Stock Holdings in Exxon Mobil Corporation $XOM

Rowlandmiller & PARTNERS.ADV lessened its holdings in shares of Exxon Mobil Corporation (NYSE:XOM) by 0.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 83,859 shares of the oil and gas company’s stock after selling 266 shares during the period. Exxon Mobil accounts for 1.9% of Rowlandmiller & PARTNERS.ADV’s portfolio, making the stock its 14th largest position. Rowlandmiller & PARTNERS.ADV’s holdings in Exxon Mobil were worth $9,040,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. 10Elms LLP acquired a new stake in Exxon Mobil during the 4th quarter worth $25,000. Graybill Wealth Management LTD. acquired a new stake in Exxon Mobil during the 1st quarter worth $29,000. Elequin Capital LP acquired a new stake in Exxon Mobil during the 1st quarter worth $31,000. Capital A Wealth Management LLC acquired a new stake in Exxon Mobil during the 4th quarter worth $32,000. Finally, Clal Insurance Enterprises Holdings Ltd grew its holdings in Exxon Mobil by 396.7% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 298 shares of the oil and gas company’s stock worth $35,000 after acquiring an additional 238 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $112.21 on Friday. The firm has a market cap of $478.38 billion, a PE ratio of 15.94, a PEG ratio of 2.05 and a beta of 0.57. The company has a current ratio of 1.25, a quick ratio of 0.88 and a debt-to-equity ratio of 0.12. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $126.34. The company has a fifty day moving average price of $110.55 and a 200 day moving average price of $109.15.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, August 1st. The oil and gas company reported $1.64 earnings per share for the quarter, topping analysts’ consensus estimates of $1.47 by $0.17. The firm had revenue of $81.51 billion during the quarter, compared to analyst estimates of $79.07 billion. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. The company’s revenue for the quarter was down 12.4% compared to the same quarter last year. During the same period in the prior year, the business earned $2.14 EPS. Research analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Friday, August 15th were paid a $0.99 dividend. The ex-dividend date of this dividend was Friday, August 15th. This represents a $3.96 dividend on an annualized basis and a yield of 3.5%. Exxon Mobil’s dividend payout ratio is presently 56.25%.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 2,158 shares of the company’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $110.45, for a total value of $238,351.10. Following the completion of the transaction, the vice president directly owned 13,829 shares of the company’s stock, valued at approximately $1,527,413.05. This represents a 13.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on XOM shares. UBS Group boosted their price target on shares of Exxon Mobil from $130.00 to $143.00 and gave the company a “buy” rating in a report on Wednesday, August 20th. Wells Fargo & Company set a $127.00 price target on shares of Exxon Mobil and gave the company an “overweight” rating in a report on Thursday, June 26th. Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a report on Friday, July 11th. Piper Sandler boosted their price target on shares of Exxon Mobil from $134.00 to $145.00 and gave the company an “overweight” rating in a report on Monday, August 18th. Finally, TD Cowen boosted their price target on shares of Exxon Mobil from $120.00 to $128.00 and gave the company a “buy” rating in a report on Monday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $124.81.

Exxon Mobil Company 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.