Exxon Mobil Corporation $XOM Stock Position Raised by Kiley Juergens Wealth Management LLC

Key Points

• Kiley Juergens Wealth Management LLC has raised its position in Exxon Mobil by 43.6% in the second quarter, now holding 29,177 shares valued at approximately $3.15 million.
• Recent insider activity includes VP Darrin L. Talley selling 2,158 shares at an average price of $110.45, which represents a 13.50% decrease in his holdings.
• Exxon Mobil has an average consensus rating of "Hold" among analysts, with a target price of $125.00 and recent earnings showing a revenue of $81.51 billion, exceeding analyst estimates.

Kiley Juergens Wealth Management LLC lifted its holdings in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 43.6% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 29,177 shares of the oil and gas company's stock after buying an additional 8,856 shares during the period. Kiley Juergens Wealth Management LLC's holdings in Exxon Mobil were worth $3,145,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Cerro Pacific Wealth Advisors LLC boosted its position in shares of Exxon Mobil by 4.2% during the first quarter. Cerro Pacific Wealth Advisors LLC now owns 18,454 shares of the oil and gas company's stock worth $2,195,000 after buying an additional 746 shares during the period. Fifth Third Wealth Advisors LLC boosted its position in shares of Exxon Mobil by 10.6% during the first quarter. Fifth Third Wealth Advisors LLC now owns 140,080 shares of the oil and gas company's stock worth $16,660,000 after buying an additional 13,462 shares during the period. Allied Investment Advisors LLC lifted its stake in shares of Exxon Mobil by 6.3% in the 1st quarter. Allied Investment Advisors LLC now owns 115,323 shares of the oil and gas company's stock worth $13,715,000 after acquiring an additional 6,879 shares during the period. Aletheian Wealth Advisors LLC lifted its stake in shares of Exxon Mobil by 27.1% in the 1st quarter. Aletheian Wealth Advisors LLC now owns 4,549 shares of the oil and gas company's stock worth $541,000 after acquiring an additional 970 shares during the period. Finally, Founders Capital Management lifted its stake in shares of Exxon Mobil by 2.3% in the 1st quarter. Founders Capital Management now owns 57,559 shares of the oil and gas company's stock worth $6,845,000 after acquiring an additional 1,309 shares during the period. Institutional investors own 61.80% of the company's stock.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,158 shares of the stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $110.45, for a total transaction of $238,351.10. Following the transaction, the vice president owned 13,829 shares in the company, valued at $1,527,413.05. This represents a 13.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.03% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

XOM has been the subject of a number of research analyst reports. Melius initiated coverage on shares of Exxon Mobil in a research note on Wednesday, August 20th. They issued a "hold" rating and a $111.00 price target for the company. Wells Fargo & Company set a $127.00 target price on shares of Exxon Mobil and gave the company an "overweight" rating in a research note on Thursday, June 26th. Wall Street Zen raised shares of Exxon Mobil from a "sell" rating to a "hold" rating in a research note on Saturday, September 13th. Bank of America upped their price target on shares of Exxon Mobil from $113.00 to $120.00 and gave the company a "neutral" rating in a research report on Wednesday, September 10th. Finally, Morgan Stanley upped their price target on shares of Exxon Mobil from $134.00 to $135.00 and gave the company an "overweight" rating in a research report on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Exxon Mobil has an average rating of "Hold" and a consensus target price of $125.00.

Exxon Mobil Stock Up 1.3%

Exxon Mobil stock opened at $117.15 on Monday. The firm has a market cap of $499.44 billion, a PE ratio of 16.64, a P/E/G ratio of 2.13 and a beta of 0.57. 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's 50 day moving average price is $110.83 and its two-hundred day moving average price is $109.53. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $126.34.

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

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Friday, August 15th were paid a dividend of $0.99 per share. The ex-dividend date was Friday, August 15th. This represents a $3.96 annualized dividend and a dividend yield of 3.4%. Exxon Mobil's dividend payout ratio is 56.25%.

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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