Exxon Mobil Corporation $XOM Shares Purchased by Tempus Wealth Planning LLC

Tempus Wealth Planning LLC boosted its holdings in Exxon Mobil Corporation (NYSE:XOM) by 1.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,303 shares of the oil and gas company’s stock after acquiring an additional 105 shares during the quarter. Tempus Wealth Planning LLC’s holdings in Exxon Mobil were worth $679,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Cerro Pacific Wealth Advisors LLC grew its position in Exxon Mobil by 4.2% during the first quarter. Cerro Pacific Wealth Advisors LLC now owns 18,454 shares of the oil and gas company’s stock worth $2,195,000 after buying an additional 746 shares during the period. Fifth Third Wealth Advisors LLC grew its holdings in shares of Exxon Mobil by 10.6% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 140,080 shares of the oil and gas company’s stock worth $16,660,000 after acquiring an additional 13,462 shares during the period. Allied Investment Advisors LLC increased its stake in Exxon Mobil by 6.3% in the 1st quarter. Allied Investment Advisors LLC now owns 115,323 shares of the oil and gas company’s stock valued at $13,715,000 after purchasing an additional 6,879 shares in the last quarter. Aletheian Wealth Advisors LLC raised its holdings in Exxon Mobil by 27.1% during the first quarter. Aletheian Wealth Advisors LLC now owns 4,549 shares of the oil and gas company’s stock worth $541,000 after purchasing an additional 970 shares during the last quarter. Finally, Founders Capital Management increased its position in shares of Exxon Mobil by 2.3% in the first quarter. Founders Capital Management now owns 57,559 shares of the oil and gas company’s stock valued at $6,845,000 after buying an additional 1,309 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Exxon Mobil

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

Analyst Upgrades and Downgrades

XOM has been the topic of a number of research reports. 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 objective on the stock. Bank of America increased their price target on shares of Exxon Mobil from $113.00 to $120.00 and gave the company a “neutral” rating in a research report on Wednesday, September 10th. Mizuho dropped their price target on Exxon Mobil from $124.00 to $123.00 and set a “neutral” rating for the company in a research report on Monday, September 15th. Morgan Stanley boosted their price target on Exxon Mobil from $134.00 to $135.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. Finally, Melius initiated coverage on Exxon Mobil in a research note on Wednesday, August 20th. They set a “hold” rating and a $111.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Exxon Mobil has an average rating of “Hold” and an average price target of $125.00.

Exxon Mobil Stock Up 1.3%

Shares of NYSE XOM opened at $117.15 on Monday. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $126.34. The firm has a fifty day moving average of $110.83 and a 200-day moving average of $109.53. The stock has a market capitalization of $499.44 billion, a PE ratio of 16.64, a P/E/G ratio of 2.13 and a beta of 0.57. 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 issued its earnings results on Friday, August 1st. The oil and gas company reported $1.64 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.17. The business had revenue of $81.51 billion for 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%.The business’s quarterly revenue was down 12.4% on a year-over-year basis. During the same period last year, the company posted $2.14 EPS. On average, analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders 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 yield of 3.4%. The ex-dividend date of this dividend was Friday, August 15th. Exxon Mobil’s payout ratio is 56.25%.

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.