Kestra Private Wealth Services LLC Purchases 16,176 Shares of Exxon Mobil Corporation (NYSE:XOM)

Kestra Private Wealth Services LLC raised its holdings in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 6.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 257,573 shares of the oil and gas company's stock after purchasing an additional 16,176 shares during the quarter. Kestra Private Wealth Services LLC's holdings in Exxon Mobil were worth $30,633,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Axis Wealth Partners LLC grew its stake in Exxon Mobil by 1.9% in the first quarter. Axis Wealth Partners LLC now owns 4,966 shares of the oil and gas company's stock valued at $591,000 after acquiring an additional 93 shares during the period. Harvest Fund Management Co. Ltd grew its position in shares of Exxon Mobil by 11.4% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 918 shares of the oil and gas company's stock valued at $99,000 after buying an additional 94 shares during the last quarter. WPWealth LLP raised its stake in shares of Exxon Mobil by 1.1% in the fourth quarter. WPWealth LLP now owns 9,201 shares of the oil and gas company's stock worth $990,000 after purchasing an additional 96 shares during the last quarter. Ascent Capital Management LLC increased its position in shares of Exxon Mobil by 2.0% during the first quarter. Ascent Capital Management LLC now owns 4,913 shares of the oil and gas company's stock valued at $584,000 after acquiring an additional 96 shares during the last quarter. Finally, DDD Partners LLC grew its position in shares of Exxon Mobil by 1.4% in the first quarter. DDD Partners LLC now owns 6,811 shares of the oil and gas company's stock valued at $810,000 after purchasing an additional 96 shares in the last quarter. Institutional investors own 61.80% of the company's stock.

Exxon Mobil Trading Up 0.1%

Shares of XOM stock traded up $0.14 during mid-day trading on Monday, hitting $107.91. 17,004,804 shares of the company's stock were exchanged, compared to its average volume of 15,865,204. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $126.34. The stock has a 50-day simple moving average of $108.66 and a two-hundred day simple moving average of $108.98. The company has a quick ratio of 0.90, a current ratio of 1.24 and a debt-to-equity ratio of 0.12. The stock has a market cap of $465.06 billion, a price-to-earnings ratio of 14.31, a PEG ratio of 2.01 and a beta of 0.50.

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 (EPS) for the quarter, beating 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 for the quarter, compared to analysts' expectations of $86.11 billion. During the same quarter in the prior year, the company earned $2.06 earnings per share. The firm's revenue was up .1% on a year-over-year basis. Equities analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th were issued a $0.99 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $3.96 annualized dividend and a yield of 3.67%. Exxon Mobil's dividend payout ratio (DPR) is presently 52.52%.

Analysts Set New Price Targets

A number of brokerages recently issued reports on XOM. Royal Bank Of Canada reiterated a "sector perform" rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. TD Cowen boosted their price objective on shares of Exxon Mobil from $120.00 to $128.00 and gave the company a "buy" rating in a report on Monday, June 23rd. Scotiabank reaffirmed an "outperform" rating on shares of Exxon Mobil in a research report on Friday, July 11th. Piper Sandler raised their price objective on Exxon Mobil from $131.00 to $134.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Finally, Wall Street Zen raised Exxon Mobil from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $125.42.

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.