Authentikos Wealth Advisory LLC Acquires New Position in Exxon Mobil Corporation $XOM

Authentikos Wealth Advisory LLC acquired a new stake in shares of Exxon Mobil Corporation (NYSE:XOMFree Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 8,331 shares of the oil and gas company’s stock, valued at approximately $939,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Maryland State Retirement & Pension System grew its stake in shares of Exxon Mobil by 2.6% during the 3rd quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock valued at $24,342,000 after acquiring an additional 5,573 shares during the period. Linscomb Wealth Inc. boosted its position in shares of Exxon Mobil by 1.4% in the second quarter. Linscomb Wealth Inc. now owns 389,769 shares of the oil and gas company’s stock worth $42,017,000 after purchasing an additional 5,527 shares during the period. U.S. Capital Wealth Advisors LLC increased its stake in shares of Exxon Mobil by 3.3% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock worth $34,576,000 after purchasing an additional 9,831 shares in the last quarter. Capital Counsel LLC NY raised its position in shares of Exxon Mobil by 0.9% during the 2nd quarter. Capital Counsel LLC NY now owns 49,687 shares of the oil and gas company’s stock valued at $5,356,000 after purchasing an additional 460 shares during the period. Finally, HORAN Wealth LLC raised its position in shares of Exxon Mobil by 78.3% during the 3rd quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock valued at $1,486,000 after purchasing an additional 5,788 shares during the period. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Up 2.2%

XOM stock opened at $149.28 on Friday. The firm has a fifty day moving average price of $125.78 and a 200 day moving average price of $117.36. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $149.57. The firm has a market cap of $629.54 billion, a PE ratio of 22.31, a price-to-earnings-growth ratio of 15.49 and a beta of 0.39. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15.

Exxon Mobil (NYSE:XOMGet Free Report) last released its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business had revenue of $82.31 billion during the quarter, compared to analyst estimates of $77.98 billion. During the same quarter last year, the business earned $1.67 earnings per share. Exxon Mobil’s quarterly revenue was down 1.3% compared to the same quarter last year. Sell-side analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, February 12th. Exxon Mobil’s payout ratio is presently 61.58%.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the completion of the sale, the vice president directly owned 23,584 shares of the company’s stock, valued at $3,295,864. This trade represents a 17.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 11,000 shares of company stock worth $1,406,570 in the last quarter. Corporate insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on XOM shares. Piper Sandler dropped their target price on shares of Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a report on Thursday, January 8th. TD Cowen increased their target price on Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Mizuho set a $140.00 target price on Exxon Mobil in a research note on Wednesday. Citigroup upped their price target on Exxon Mobil from $115.00 to $118.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 10th. Finally, Sanford C. Bernstein reduced their price objective on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $140.59.

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Exxon Mobil News Roundup

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About Exxon Mobil

(Free Report)

Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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