Holistic Financial Partners Grows Stock Holdings in Exxon Mobil Corporation $XOM

Holistic Financial Partners grew its holdings in Exxon Mobil Corporation (NYSE:XOM) by 6.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,092 shares of the oil and gas company’s stock after purchasing an additional 633 shares during the quarter. Holistic Financial Partners’ holdings in Exxon Mobil were worth $1,088,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Optivise Advisory Services LLC lifted its stake in Exxon Mobil by 5.3% in the 2nd quarter. Optivise Advisory Services LLC now owns 4,892 shares of the oil and gas company’s stock worth $527,000 after purchasing an additional 246 shares in the last quarter. WorthPointe LLC increased its holdings in shares of Exxon Mobil by 0.5% during the 2nd quarter. WorthPointe LLC now owns 28,361 shares of the oil and gas company’s stock worth $3,057,000 after buying an additional 132 shares during the last quarter. Next Capital Management LLC increased its holdings in shares of Exxon Mobil by 12.8% during the 2nd quarter. Next Capital Management LLC now owns 6,522 shares of the oil and gas company’s stock worth $703,000 after buying an additional 739 shares during the last quarter. Marion Wealth Management increased its holdings in shares of Exxon Mobil by 3.8% during the 2nd quarter. Marion Wealth Management now owns 6,624 shares of the oil and gas company’s stock worth $714,000 after buying an additional 241 shares during the last quarter. Finally, Roffman Miller Associates Inc. PA increased its holdings in shares of Exxon Mobil by 20.9% during the 2nd quarter. Roffman Miller Associates Inc. PA now owns 154,727 shares of the oil and gas company’s stock worth $16,680,000 after buying an additional 26,775 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Stock Down 0.4%

Exxon Mobil stock opened at $113.85 on Tuesday. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $123.21. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.88 and a current ratio of 1.25. The firm has a 50 day moving average price of $113.30 and a 200 day moving average price of $110.08. The company has a market capitalization of $485.37 billion, a PE ratio of 16.17, a price-to-earnings-growth ratio of 2.06 and a beta of 0.51.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. The firm had revenue of $57.55 billion during the quarter. Research analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Friday, November 14th will be issued a $1.03 dividend. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date is Friday, November 14th. This represents a $4.12 annualized dividend and a yield of 3.6%. Exxon Mobil’s payout ratio is 57.56%.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 2,158 shares of Exxon Mobil stock in a transaction that occurred 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 sale, the vice president owned 13,829 shares in the company, valued at approximately $1,527,413.05. This trade represents a 13.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on XOM. Melius began coverage on shares of Exxon Mobil in a report on Wednesday, August 20th. They set a “hold” rating and a $111.00 price target for the company. Morgan Stanley raised their price target on shares of Exxon Mobil from $134.00 to $135.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. Melius Research began coverage on shares of Exxon Mobil in a report on Wednesday, August 20th. They set a “hold” rating and a $111.00 price target for the company. UBS Group raised their price target on shares of Exxon Mobil from $143.00 to $145.00 and gave the stock a “buy” rating in a report on Monday, October 13th. Finally, Mizuho cut their price target on shares of Exxon Mobil from $124.00 to $123.00 and set a “neutral” rating for the company in a report on Monday, September 15th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $128.50.

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.