Financial Synergies Wealth Advisors Inc. Purchases 2,730 Shares of Exxon Mobil Corporation $XOM

Financial Synergies Wealth Advisors Inc. increased its position in Exxon Mobil Corporation (NYSE:XOM) by 5.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 50,556 shares of the oil and gas company’s stock after buying an additional 2,730 shares during the period. Exxon Mobil comprises approximately 0.6% of Financial Synergies Wealth Advisors Inc.’s holdings, making the stock its 22nd largest position. Financial Synergies Wealth Advisors Inc.’s holdings in Exxon Mobil were worth $5,450,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Graybill Wealth Management LTD. bought a new position in Exxon Mobil in the 1st quarter worth $29,000. Elequin Capital LP purchased a new stake in Exxon Mobil in the 1st quarter worth $31,000. Clal Insurance Enterprises Holdings Ltd lifted its stake 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 purchasing an additional 238 shares in the last quarter. Game Plan Financial Advisors LLC lifted its stake 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 worth $38,000 after purchasing an additional 300 shares in the last quarter. Finally, 1248 Management LLC purchased a new stake in Exxon Mobil in the 1st quarter worth $40,000. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Up 0.4%

Shares of NYSE XOM opened at $112.68 on Tuesday. The firm’s 50-day moving average price is $111.97 and its 200-day moving average price is $109.22. 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 stock has a market capitalization of $480.38 billion, a price-to-earnings ratio of 16.01, a P/E/G ratio of 2.01 and a beta of 0.51. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $123.21.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. The company had revenue of $57.55 billion for the quarter. On average, equities research analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

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

Insiders Place Their Bets

In related 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 value of $238,351.10. Following the sale, the vice president directly 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.03% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

XOM has been the topic of several research analyst reports. TD Cowen boosted their price target on shares of Exxon Mobil from $120.00 to $128.00 and gave the stock a “buy” rating in a research note on Monday, June 23rd. Barclays decreased their price target on shares of Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 7th. Mizuho decreased their price target on shares of Exxon Mobil from $124.00 to $123.00 and set a “neutral” rating on the stock in a research note on Monday, September 15th. Wall Street Zen upgraded shares of Exxon Mobil from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Finally, Wells Fargo & Company initiated 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $127.58.

Exxon Mobil Company 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.