Bordeaux Wealth Advisors LLC Has $1.65 Million Stock Position in Exxon Mobil Corporation (NYSE:XOM)

Bordeaux Wealth Advisors LLC lifted its position in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 20.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,899 shares of the oil and gas company's stock after acquiring an additional 2,365 shares during the quarter. Bordeaux Wealth Advisors LLC's holdings in Exxon Mobil were worth $1,653,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Tallon Kerry Patrick acquired a new position in Exxon Mobil in the fourth quarter valued at $789,000. SOA Wealth Advisors LLC. raised its stake in Exxon Mobil by 29.5% during the 4th quarter. SOA Wealth Advisors LLC. now owns 6,996 shares of the oil and gas company's stock worth $753,000 after buying an additional 1,595 shares during the period. Proficio Capital Partners LLC boosted its holdings in Exxon Mobil by 13,899.5% in the fourth quarter. Proficio Capital Partners LLC now owns 1,888,812 shares of the oil and gas company's stock worth $1,963,000 after acquiring an additional 1,875,320 shares in the last quarter. Motiv8 Investments LLC lifted its holdings in shares of Exxon Mobil by 48.1% in the 4th quarter. Motiv8 Investments LLC now owns 15,842 shares of the oil and gas company's stock worth $1,704,000 after purchasing an additional 5,145 shares in the last quarter. Finally, McGrath & Associates Inc. acquired a new stake in Exxon Mobil in the 4th quarter valued at $243,000. 61.80% of the stock is owned by institutional investors.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $109.40 on Monday. The company has a current ratio of 1.24, a quick ratio of 0.90 and a debt-to-equity ratio of 0.12. The stock has a fifty day simple moving average of $107.04 and a two-hundred day simple moving average of $108.45. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $126.34. The firm has a market cap of $471.49 billion, a price-to-earnings ratio of 14.51, a price-to-earnings-growth ratio of 2.12 and a beta of 0.49.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.03. Exxon Mobil had a return on equity of 12.06% and a net margin of 9.49%. The company had revenue of $83.13 billion during the quarter, compared to the consensus estimate of $86.11 billion. During the same quarter in the prior year, the company earned $2.06 EPS. The firm's quarterly revenue was up .1% compared to the same quarter last year. Analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Thursday, May 15th were paid a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date was Thursday, May 15th. Exxon Mobil's payout ratio is currently 52.52%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Wall Street Zen raised shares of Exxon Mobil from a "sell" rating to a "hold" rating in a research note on Friday. Wells Fargo & Company set a $127.00 price objective on Exxon Mobil and gave the company an "overweight" rating in a research note on Thursday. Piper Sandler downgraded shares of Exxon Mobil from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 28th. Mizuho lowered their target price on shares of Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating for the company in a report on Tuesday, May 13th. Finally, TD Cowen boosted their price target on shares of Exxon Mobil from $120.00 to $128.00 and gave the stock a "buy" rating in a report on Monday, June 23rd. One analyst has rated the stock with a sell rating, eleven have given a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $125.10.

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.

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