Advisor OS LLC Makes New Investment in Exxon Mobil Co. (NYSE:XOM)

Advisor OS LLC bought a new position in Exxon Mobil Co. (NYSE:XOM) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 9,442 shares of the oil and gas company’s stock, valued at approximately $422,000.

Several other institutional investors have also bought and sold shares of XOM. Reitz Capital Advisors LLC bought a new stake in shares of Exxon Mobil in the 2nd quarter worth $33,000. Capstone Financial Group Inc. grew its holdings in shares of Exxon Mobil by 49.0% in the second quarter. Capstone Financial Group Inc. now owns 1,116 shares of the oil and gas company’s stock worth $48,000 after acquiring an additional 367 shares during the period. Capital Advisory Group Advisory Services LLC bought a new stake in shares of Exxon Mobil in the first quarter worth $52,000. Evolution Wealth Advisors LLC grew its holdings in shares of Exxon Mobil by 2,790.7% in the second quarter. Evolution Wealth Advisors LLC now owns 1,243 shares of the oil and gas company’s stock worth $56,000 after acquiring an additional 1,200 shares during the period. Finally, Marshall & Sullivan Inc. WA bought a new stake in shares of Exxon Mobil in the second quarter worth $63,000. 50.90% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE:XOM traded down $0.38 during mid-day trading on Tuesday, reaching $36.28. The stock had a trading volume of 1,337,436 shares, compared to its average volume of 28,333,383. The company has a current ratio of 0.93, a quick ratio of 0.58 and a debt-to-equity ratio of 0.25. The company has a market cap of $155.01 billion, a P/E ratio of 22.01 and a beta of 1.26. Exxon Mobil Co. has a 1 year low of $30.11 and a 1 year high of $75.18. The business’s 50 day moving average price is $41.39 and its 200 day moving average price is $43.44.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, July 31st. The oil and gas company reported ($0.70) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.61) by ($0.09). Exxon Mobil had a return on equity of 2.09% and a net margin of 3.24%. The company had revenue of $32.61 billion for the quarter, compared to the consensus estimate of $38.16 billion. During the same period in the previous year, the firm earned $0.61 earnings per share. The company’s revenue was down 52.8% compared to the same quarter last year. Analysts predict that Exxon Mobil Co. will post -0.32 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Thursday, August 13th were paid a dividend of $0.87 per share. The ex-dividend date was Wednesday, August 12th. This represents a $3.48 annualized dividend and a yield of 9.59%. Exxon Mobil’s payout ratio is currently 154.67%.

XOM has been the subject of several research analyst reports. Credit Suisse Group initiated coverage on Exxon Mobil in a report on Tuesday, August 4th. They issued a “hold” rating and a $47.00 price objective for the company. Standpoint Research upgraded Exxon Mobil from a “hold” rating to a “buy” rating in a research report on Friday. Scotiabank lowered their target price on Exxon Mobil from $50.00 to $47.00 and set a “sector underperform” rating on the stock in a research report on Monday, July 13th. Cowen reiterated a “hold” rating and set a $34.00 target price on shares of Exxon Mobil in a research report on Thursday, July 2nd. Finally, MKM Partners began coverage on Exxon Mobil in a research report on Wednesday, September 9th. They set a “buy” rating and a $55.00 target price on the stock. Six analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $51.30.

Exxon Mobil Company Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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