Defined Financial Planning LLC Has $320,000 Stock Holdings in Exxon Mobil Corporation $XOM

Defined Financial Planning LLC boosted its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 4.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 2,834 shares of the oil and gas company’s stock after buying an additional 128 shares during the quarter. Defined Financial Planning LLC’s holdings in Exxon Mobil were worth $320,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of XOM. Axis Wealth Partners LLC increased its stake in Exxon Mobil by 1.8% during the 2nd quarter. Axis Wealth Partners LLC now owns 5,056 shares of the oil and gas company’s stock worth $545,000 after acquiring an additional 90 shares during the period. Park Edge Advisors LLC boosted its holdings in shares of Exxon Mobil by 0.3% in the 2nd quarter. Park Edge Advisors LLC now owns 32,031 shares of the oil and gas company’s stock valued at $3,453,000 after purchasing an additional 91 shares in the last quarter. Willow Creek Wealth Management Inc. boosted its holdings in shares of Exxon Mobil by 3.6% in the 2nd quarter. Willow Creek Wealth Management Inc. now owns 2,640 shares of the oil and gas company’s stock valued at $285,000 after purchasing an additional 91 shares in the last quarter. Chapin Davis Inc. boosted its holdings in shares of Exxon Mobil by 2.1% in the 2nd quarter. Chapin Davis Inc. now owns 4,607 shares of the oil and gas company’s stock valued at $497,000 after purchasing an additional 93 shares in the last quarter. Finally, Gagnon Securities LLC boosted its holdings in shares of Exxon Mobil by 1.3% in the 1st quarter. Gagnon Securities LLC now owns 7,235 shares of the oil and gas company’s stock valued at $860,000 after purchasing an additional 95 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Analyst Ratings Changes

XOM has been the topic of a number of research analyst reports. Piper Sandler set a $141.00 target price on Exxon Mobil in a report on Tuesday. TD Cowen raised their target price on Exxon Mobil from $120.00 to $128.00 and gave the company a “buy” rating in a report on Monday, June 23rd. Melius initiated coverage on Exxon Mobil in a report on Wednesday, August 20th. They issued a “hold” rating and a $111.00 target price on the stock. Bank of America raised their target price on Exxon Mobil from $113.00 to $120.00 and gave the company a “neutral” rating in a report on Wednesday, September 10th. Finally, Barclays cut their price objective on Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating on the stock in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $125.79.

Exxon Mobil Stock Down 0.2%

Shares of NYSE:XOM opened at $114.08 on Thursday. The firm has a market cap of $486.35 billion, a P/E ratio of 16.20, a P/E/G ratio of 2.07 and a beta of 0.51. The company has a quick ratio of 0.88, a current ratio of 1.25 and a debt-to-equity ratio of 0.12. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $124.26. The business has a fifty day simple moving average of $111.28 and a 200 day simple moving average of $109.54.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, August 1st. The oil and gas company reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 11.34% and a net margin of 9.17%.Exxon Mobil’s revenue for the quarter was down 12.4% compared to the same quarter last year. During the same period last year, the company earned $2.14 EPS. Analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Friday, August 15th were given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Friday, August 15th. Exxon Mobil’s dividend payout ratio (DPR) is currently 56.25%.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,158 shares of the firm’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $110.45, for a total transaction of $238,351.10. Following the completion of the transaction, the vice president directly owned 13,829 shares of the company’s stock, valued at $1,527,413.05. This trade represents a 13.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.03% of the stock is currently owned by corporate insiders.

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.