Motiv8 Investments LLC Has $1.94 Million Stock Holdings in Exxon Mobil Corporation $XOM

Motiv8 Investments LLC grew its position in Exxon Mobil Corporation (NYSE:XOM) by 8.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,968 shares of the oil and gas company’s stock after purchasing an additional 1,435 shares during the quarter. Exxon Mobil makes up approximately 1.2% of Motiv8 Investments LLC’s portfolio, making the stock its 22nd largest holding. Motiv8 Investments LLC’s holdings in Exxon Mobil were worth $1,937,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Journey Strategic Wealth LLC grew its holdings in Exxon Mobil by 6.7% in the 1st quarter. Journey Strategic Wealth LLC now owns 21,929 shares of the oil and gas company’s stock valued at $2,608,000 after buying an additional 1,379 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of Exxon Mobil by 52.3% in the first quarter. Jones Financial Companies Lllp now owns 382,989 shares of the oil and gas company’s stock valued at $45,149,000 after acquiring an additional 131,600 shares during the period. Legacy Trust grew its stake in shares of Exxon Mobil by 12.7% in the first quarter. Legacy Trust now owns 8,861 shares of the oil and gas company’s stock worth $1,054,000 after acquiring an additional 997 shares during the last quarter. Hartford Funds Management Co LLC grew its stake in shares of Exxon Mobil by 51.8% in the first quarter. Hartford Funds Management Co LLC now owns 7,665 shares of the oil and gas company’s stock worth $912,000 after acquiring an additional 2,617 shares during the last quarter. Finally, Phoenix Financial Ltd. increased its position in Exxon Mobil by 23.9% during the first quarter. Phoenix Financial Ltd. now owns 97,050 shares of the oil and gas company’s stock worth $11,561,000 after acquiring an additional 18,752 shares during the period. 61.80% of the stock is owned by institutional investors.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,158 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $110.45, for a total transaction of $238,351.10. Following 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.03% of the stock is currently owned by company insiders.

Exxon Mobil Stock Down 0.2%

Shares of XOM opened at $114.08 on Thursday. The company has a market capitalization of $486.35 billion, a P/E ratio of 16.20, a PEG ratio of 2.07 and a beta of 0.51. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $124.26. The business’s 50 day simple moving average is $111.28 and its 200-day simple moving average is $109.54. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.25 and a quick ratio of 0.88.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, August 1st. The oil and gas company reported $1.64 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.17. The firm had revenue of $81.51 billion during the quarter, compared to analysts’ expectations of $79.07 billion. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%.The business’s revenue was down 12.4% on a year-over-year basis. During the same period last year, the firm posted $2.14 EPS. As a group, sell-side analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently declared 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. The ex-dividend date was Friday, August 15th. This represents a $3.96 annualized dividend and a yield of 3.5%. Exxon Mobil’s dividend payout ratio is 56.25%.

Wall Street Analysts Forecast Growth

XOM has been the topic of several research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Exxon Mobil in a research report on Wednesday. Wells Fargo & Company set a $127.00 target price on shares of Exxon Mobil and gave the company an “overweight” rating in a research note on Thursday, June 26th. Melius initiated coverage on Exxon Mobil in a research note on Wednesday, August 20th. They set a “hold” rating and a $111.00 price target on the stock. Wall Street Zen raised Exxon Mobil from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. Finally, UBS Group lifted their price objective on Exxon Mobil from $130.00 to $143.00 and gave the stock a “buy” rating in a report on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $125.79.

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.