2,712 Shares in Exxon Mobil Corporation $XOM Bought by Elser Financial Planning Inc

Elser Financial Planning Inc acquired a new position in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,712 shares of the oil and gas company's stock, valued at approximately $306,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Cyr Financial Inc. raised its holdings in shares of Exxon Mobil by 16.4% during the second quarter. Cyr Financial Inc. now owns 9,652 shares of the oil and gas company's stock worth $1,040,000 after acquiring an additional 1,359 shares in the last quarter. Baron Silver Stevens Financial Advisors LLC raised its holdings in shares of Exxon Mobil by 55.7% during the second quarter. Baron Silver Stevens Financial Advisors LLC now owns 3,219 shares of the oil and gas company's stock worth $347,000 after acquiring an additional 1,152 shares in the last quarter. Invesco LLC raised its holdings in shares of Exxon Mobil by 2.0% during the second quarter. Invesco LLC now owns 17,713 shares of the oil and gas company's stock worth $1,909,000 after acquiring an additional 345 shares in the last quarter. Nova R Wealth Inc. raised its holdings in shares of Exxon Mobil by 15.5% during the second quarter. Nova R Wealth Inc. now owns 3,673 shares of the oil and gas company's stock worth $396,000 after acquiring an additional 494 shares in the last quarter. Finally, Archford Capital Strategies LLC raised its holdings in shares of Exxon Mobil by 2.5% during the second quarter. Archford Capital Strategies LLC now owns 34,935 shares of the oil and gas company's stock worth $3,766,000 after acquiring an additional 843 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,158 shares of Exxon Mobil stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $110.45, for a total value of $238,351.10. Following the transaction, the vice president directly owned 13,829 shares in the company, valued at approximately $1,527,413.05. The trade was a 13.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.03% of the company's stock.

Analyst Upgrades and Downgrades

XOM has been the subject of several recent research reports. Melius initiated coverage on Exxon Mobil in a report on Wednesday, August 20th. They set a "hold" rating and a $111.00 price objective for the company. Scotiabank restated an "outperform" rating on shares of Exxon Mobil in a report on Friday, July 11th. Melius Research initiated coverage on Exxon Mobil in a report on Wednesday, August 20th. They set a "hold" rating and a $111.00 target price on the stock. Mizuho cut their target price on Exxon Mobil from $124.00 to $123.00 and set a "neutral" rating on the stock in a report on Monday, September 15th. Finally, Morgan Stanley raised their target price on Exxon Mobil from $134.00 to $135.00 and gave the company an "overweight" rating in a report on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $125.00.

Exxon Mobil Trading Down 0.6%

Exxon Mobil stock opened at $112.04 on Thursday. 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 business's 50-day simple moving average is $111.09 and its 200-day simple moving average is $109.58. The firm has a market capitalization of $477.64 billion, a PE ratio of 15.91, a PEG ratio of 2.05 and a beta of 0.51. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The oil and gas company reported $1.64 EPS for the quarter, topping analysts' consensus estimates of $1.47 by $0.17. The business had revenue of $81.51 billion for the quarter, compared to analyst estimates of $79.07 billion. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%.The firm's revenue for the quarter was down 12.4% on a year-over-year basis. During the same period in the previous year, the company posted $2.14 earnings per share. Equities research analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

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

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.

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