GW Henssler & Associates Ltd. Boosts Stock Holdings in Exxon Mobil Corporation $XOM

Key Points

• GW Henssler & Associates Ltd. increased its stake in Exxon Mobil Corporation by 2.3%, acquiring an additional 6,231 shares, bringing their total holdings to 277,875 shares valued at approximately $33 million.
• Several institutional investors, including Axis Wealth Partners and Gagnon Securities, have also increased their positions in Exxon Mobil during the first quarter.
• Exxon Mobil recently announced a quarterly dividend of $0.99 per share, resulting in an annualized dividend of $3.96, representing a dividend yield of 3.5%.

GW Henssler & Associates Ltd. increased its holdings in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 2.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 277,875 shares of the oil and gas company's stock after buying an additional 6,231 shares during the quarter. Exxon Mobil accounts for about 1.8% of GW Henssler & Associates Ltd.'s holdings, making the stock its 12th biggest holding. GW Henssler & Associates Ltd.'s holdings in Exxon Mobil were worth $33,048,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Schonfeld Strategic Advisors LLC lifted its holdings in shares of Exxon Mobil by 23.0% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 17,078 shares of the oil and gas company's stock worth $1,837,000 after acquiring an additional 3,197 shares during the last quarter. Accredited Wealth Management LLC bought a new position in shares of Exxon Mobil in the fourth quarter worth about $55,000. Algert Global LLC lifted its holdings in shares of Exxon Mobil by 10.8% in the fourth quarter. Algert Global LLC now owns 21,374 shares of the oil and gas company's stock worth $2,299,000 after acquiring an additional 2,078 shares during the last quarter. Benjamin Edwards Inc. lifted its holdings in shares of Exxon Mobil by 1.7% in the fourth quarter. Benjamin Edwards Inc. now owns 501,172 shares of the oil and gas company's stock worth $53,916,000 after acquiring an additional 8,437 shares during the last quarter. Finally, Bearing Point Capital LLC bought a new position in shares of Exxon Mobil in the fourth quarter worth about $1,069,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on XOM. Melius Research initiated coverage on shares of Exxon Mobil in a report on Wednesday, August 20th. They issued a "hold" rating and a $111.00 target price for the company. Morgan Stanley raised their price objective on shares of Exxon Mobil from $134.00 to $135.00 and gave the company an "overweight" rating in a report on Monday, August 4th. UBS Group raised their price objective on shares of Exxon Mobil from $130.00 to $143.00 and gave the company a "buy" rating in a report on Wednesday, August 20th. Wells Fargo & Company set a $127.00 price objective on shares of Exxon Mobil and gave the company an "overweight" rating in a report on Thursday, June 26th. Finally, Barclays reiterated a "hold" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Exxon Mobil currently has a consensus rating of "Hold" and a consensus price target of $125.00.

Exxon Mobil Stock Up 0.5%

NYSE:XOM traded up $0.55 during trading hours on Thursday, reaching $112.46. The company had a trading volume of 12,862,646 shares, compared to its average volume of 16,618,688. The company has a quick ratio of 0.88, a current ratio of 1.25 and a debt-to-equity ratio of 0.12. The firm has a market cap of $479.46 billion, a price-to-earnings ratio of 15.98, a P/E/G ratio of 2.13 and a beta of 0.57. The business's 50-day simple moving average is $110.41 and its two-hundred day simple moving average is $109.10. 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, beating analysts' consensus estimates of $1.47 by $0.17. The business had revenue of $81.51 billion during the quarter, compared to analyst estimates of $79.07 billion. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. Exxon Mobil's quarterly revenue was down 12.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.14 EPS. On average, equities analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

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

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,158 shares of the business's 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 completion of the sale, the vice president owned 13,829 shares in the company, valued at approximately $1,527,413.05. The trade was a 13.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.03% of the company's stock.

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.