AJ Advisors LLC Acquires 153 Shares of Exxon Mobil Co. (NYSE:XOM)

Posted by on Jul 9th, 2023

AJ Advisors LLC lifted its holdings in Exxon Mobil Co. (NYSE:XOM – Free Report) by 5.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,887 shares of the oil and gas company’s stock after buying an additional 153 shares during the period. Exxon Mobil comprises 0.2% of AJ Advisors LLC’s holdings, making the stock its 24th largest holding. AJ Advisors LLC’s holdings in Exxon Mobil were worth $317,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Dark Forest Capital Management LP bought a new stake in shares of Exxon Mobil in the 4th quarter worth about $27,000. Corrado Advisors LLC purchased a new stake in Exxon Mobil in the 4th quarter worth about $28,000. My Personal CFO LLC lifted its stake in Exxon Mobil by 15,000.0% in the fourth quarter. My Personal CFO LLC now owns 302 shares of the oil and gas company’s stock worth $262,000 after purchasing an additional 300 shares during the last quarter. Koesten Hirschmann & Crabtree INC. purchased a new position in shares of Exxon Mobil during the fourth quarter valued at approximately $36,000. Finally, Financial Connections Group Inc. grew its stake in shares of Exxon Mobil by 1,207.1% during the fourth quarter. Financial Connections Group Inc. now owns 366 shares of the oil and gas company’s stock valued at $40,000 after buying an additional 338 shares during the last quarter. 58.59% of the stock is currently owned by institutional investors.

Exxon Mobil Stock Up 0.2 %

Shares of NYSE XOM opened at $103.16 on Friday. The company has a current ratio of 1.46, a quick ratio of 1.10 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $417.07 billion, a PE ratio of 6.98, a price-to-earnings-growth ratio of 0.61 and a beta of 1.08. The stock’s fifty day simple moving average is $105.95 and its two-hundred day simple moving average is $109.65. Exxon Mobil Co. has a 12-month low of $80.69 and a 12-month high of $119.92.

Exxon Mobil (NYSE:XOM – Free Report) last announced its earnings results on Friday, April 28th. The oil and gas company reported $2.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.65 by $0.18. The business had revenue of $86.56 billion for the quarter, compared to analysts’ expectations of $90.07 billion. Exxon Mobil had a return on equity of 31.48% and a net margin of 15.06%. The business’s revenue for the quarter was down 4.3% on a year-over-year basis. During the same quarter last year, the firm earned $2.07 EPS. As a group, analysts expect that Exxon Mobil Co. will post 9.53 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 9th. Stockholders of record on Tuesday, May 16th were given a $0.91 dividend. The ex-dividend date was Monday, May 15th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 3.53%. Exxon Mobil’s payout ratio is 24.64%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on XOM. Royal Bank of Canada downgraded Exxon Mobil from an “outperform” rating to a “sector perform” rating and set a $125.00 price target on the stock. in a report on Thursday, June 1st. Mizuho reduced their price target on Exxon Mobil from $147.00 to $130.00 in a report on Friday, May 19th. UBS Group upgraded Exxon Mobil from a “neutral” rating to a “buy” rating and increased their price target for the stock from $125.00 to $144.00 in a report on Tuesday, April 18th. Truist Financial increased their price target on Exxon Mobil from $116.00 to $118.00 in a report on Monday, May 1st. Finally, Piper Sandler reduced their price target on Exxon Mobil from $145.00 to $127.00 in a report on Tuesday, June 13th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, Exxon Mobil has a consensus rating of “Hold” and a consensus price target of $124.70.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,500 shares of the firm’s stock in a transaction on Monday, May 1st. The stock was sold at an average price of $116.11, for a total value of $290,275.00. Following the completion of the sale, the vice president now owns 29,272 shares of the company’s stock, valued at approximately $3,398,771.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.06% of the company’s stock.

Exxon Mobil Profile

(Free Report)

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.

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

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