Evernest Financial Advisors LLC Has $743,000 Position in Exxon Mobil Corporation $XOM

Evernest Financial Advisors LLC raised its holdings in Exxon Mobil Corporation (NYSE:XOM) by 6.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,894 shares of the oil and gas company’s stock after buying an additional 390 shares during the period. Evernest Financial Advisors LLC’s holdings in Exxon Mobil were worth $743,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Journey Strategic Wealth LLC increased its stake in shares of 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. Jones Financial Companies Lllp increased its stake in shares of Exxon Mobil by 52.3% during the 1st quarter. Jones Financial Companies Lllp now owns 382,989 shares of the oil and gas company’s stock worth $45,149,000 after purchasing an additional 131,600 shares during the last quarter. Hartford Funds Management Co LLC increased its stake in shares of Exxon Mobil by 51.8% during the 1st quarter. Hartford Funds Management Co LLC now owns 7,665 shares of the oil and gas company’s stock worth $912,000 after purchasing an additional 2,617 shares during the last quarter. Phoenix Financial Ltd. increased its stake in shares of Exxon Mobil by 23.9% during the 1st quarter. Phoenix Financial Ltd. now owns 97,050 shares of the oil and gas company’s stock worth $11,561,000 after purchasing an additional 18,752 shares during the last quarter. Finally, SteelPeak Wealth LLC increased its stake in shares of Exxon Mobil by 24.2% during the 1st quarter. SteelPeak Wealth LLC now owns 38,721 shares of the oil and gas company’s stock worth $4,605,000 after purchasing an additional 7,543 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,158 shares of the company’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $1,527,413.05. This represents a 13.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Performance

Shares of NYSE:XOM opened at $112.20 on Friday. The company’s 50 day moving average price is $111.83 and its two-hundred day moving average price is $109.19. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $123.21. The firm has a market cap of $478.34 billion, a PE ratio of 15.94, a PEG ratio of 2.02 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 (NYSE:XOM) last announced its earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share (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 for the quarter. Equities research analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Friday, August 15th were issued a dividend of $0.99 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Friday, August 15th. Exxon Mobil’s dividend payout ratio is 56.25%.

Analyst Ratings Changes

A number of research analysts recently commented on XOM shares. Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a research note on Thursday, October 9th. 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 research note on Wednesday, September 10th. Melius Research started coverage on shares of Exxon Mobil in a research note on Wednesday, August 20th. They issued a “hold” rating and a $111.00 price target on the stock. UBS Group upped their price target on shares of Exxon Mobil from $143.00 to $145.00 and gave the company a “buy” rating in a research note on Monday, October 13th. Finally, Wells Fargo & Company started coverage on shares of Exxon Mobil in a research note on Friday. They issued an “overweight” rating and a $156.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $127.58.

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.