Total Wealth Planning & Management Inc. Increases Stock Holdings in Exxon Mobil Corporation $XOM

Total Wealth Planning & Management Inc. boosted its stake in Exxon Mobil Corporation (NYSE:XOM) by 1.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,407 shares of the oil and gas company’s stock after acquiring an additional 177 shares during the quarter. Exxon Mobil comprises about 1.2% of Total Wealth Planning & Management Inc.’s holdings, making the stock its 12th largest holding. Total Wealth Planning & Management Inc.’s holdings in Exxon Mobil were worth $1,553,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Graybill Wealth Management LTD. purchased a new position in shares of Exxon Mobil in the first quarter valued at $29,000. Elequin Capital LP purchased a new stake in Exxon Mobil during the 1st quarter worth $31,000. Clal Insurance Enterprises Holdings Ltd lifted its holdings in Exxon Mobil by 396.7% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 298 shares of the oil and gas company’s stock worth $35,000 after buying an additional 238 shares in the last quarter. Game Plan Financial Advisors LLC boosted its position in Exxon Mobil by 1,500.0% in the 1st quarter. Game Plan Financial Advisors LLC now owns 320 shares of the oil and gas company’s stock valued at $38,000 after buying an additional 300 shares during the last quarter. Finally, 1248 Management LLC purchased a new position in Exxon Mobil in the 1st quarter valued at about $40,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $110.93 on Monday. The company has a current ratio of 1.25, a quick ratio of 0.88 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $472.93 billion, a price-to-earnings ratio of 15.76, a price-to-earnings-growth ratio of 2.00 and a beta of 0.51. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $124.26. The business has a 50 day simple moving average of $111.32 and a 200-day simple moving average of $109.36.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data 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 firm had revenue of $57.55 billion during the quarter. As a group, equities research 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 disclosed 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 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Friday, August 15th. Exxon Mobil’s dividend payout ratio is currently 56.25%.

Analyst Upgrades and Downgrades

XOM has been the topic of a number of analyst reports. Wells Fargo & Company set a $127.00 target price on Exxon Mobil and gave the stock an “overweight” rating in a research report on Thursday, June 26th. Piper Sandler set a $141.00 price objective on Exxon Mobil in a report on Tuesday, October 7th. Melius started coverage on Exxon Mobil in a research report on Wednesday, August 20th. They issued a “hold” rating and a $111.00 target price on the stock. Morgan Stanley raised their price target on shares of Exxon Mobil from $134.00 to $135.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Finally, 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 report on Wednesday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $125.95.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 2,158 shares of the firm’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $110.45, for a total value 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. This trade represents a 13.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.03% of the stock is currently owned by company insiders.

Exxon Mobil 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.