BOK Financial Private Wealth Inc. Has $1.18 Million Holdings in Exxon Mobil Corporation $XOM

BOK Financial Private Wealth Inc. trimmed its holdings in Exxon Mobil Corporation (NYSE:XOM) by 35.6% in the second quarter, Holdings Channel reports. The institutional investor owned 10,942 shares of the oil and gas company’s stock after selling 6,038 shares during the period. BOK Financial Private Wealth Inc.’s holdings in Exxon Mobil were worth $1,180,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in XOM. Journey Strategic Wealth LLC raised its holdings in Exxon Mobil by 6.7% during the 1st quarter. Journey Strategic Wealth LLC now owns 21,929 shares of the oil and gas company’s stock worth $2,608,000 after purchasing an additional 1,379 shares during the last quarter. Linscomb Wealth Inc. increased its position in shares of Exxon Mobil by 1.4% during the second quarter. Linscomb Wealth Inc. now owns 389,769 shares of the oil and gas company’s stock worth $42,017,000 after buying an additional 5,527 shares during the period. Jones Financial Companies Lllp raised its stake in Exxon Mobil by 52.3% during the first quarter. Jones Financial Companies Lllp now owns 382,989 shares of the oil and gas company’s stock worth $45,149,000 after buying an additional 131,600 shares during the last quarter. OneAscent Wealth Management LLC lifted its holdings in Exxon Mobil by 116.7% in the second quarter. OneAscent Wealth Management LLC now owns 7,657 shares of the oil and gas company’s stock valued at $825,000 after buying an additional 4,123 shares during the period. Finally, Hartford Funds Management Co LLC boosted its position in Exxon Mobil by 51.8% during the first quarter. Hartford Funds Management Co LLC now owns 7,665 shares of the oil and gas company’s stock valued at $912,000 after acquiring an additional 2,617 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analysts Set New Price Targets

XOM has been the subject of several research analyst reports. Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a research report on Monday, November 3rd. UBS Group lifted their target price on Exxon Mobil from $143.00 to $145.00 and gave the stock a “buy” rating in a report on Monday, October 13th. Melius Research began coverage on Exxon Mobil in a report on Wednesday, August 20th. They set a “hold” rating and a $111.00 price target on the stock. Wells Fargo & Company initiated coverage on shares of Exxon Mobil in a research report on Friday, October 17th. They set an “overweight” rating and a $156.00 price objective for the company. Finally, Melius started coverage on shares of Exxon Mobil in a research report on Wednesday, August 20th. They set a “hold” rating and a $111.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $128.50.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,158 shares of Exxon Mobil stock in a transaction that occurred 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 transaction, the vice president owned 13,829 shares of the company’s stock, valued at $1,527,413.05. The trade was a 13.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.03% of the stock is owned by corporate insiders.

Exxon Mobil Stock Performance

XOM opened at $117.19 on Monday. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $123.21. The company has a market cap of $494.19 billion, a price-to-earnings ratio of 16.65, a PEG ratio of 2.06 and a beta of 0.49. The company’s fifty day moving average price is $113.45 and its two-hundred day moving average price is $110.30. The company has a current ratio of 1.25, a quick ratio of 0.88 and a debt-to-equity ratio of 0.12.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, June 17th. The oil and gas company reported $0.65 EPS for the quarter. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. The company had revenue of $57.55 billion during the quarter. On average, analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th will be paid a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 3.5%. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date of this dividend is Friday, November 14th. Exxon Mobil’s dividend payout ratio (DPR) is currently 59.88%.

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.