Consilium Wealth Advisory LLC Makes New $990,000 Investment in Exxon Mobil Co. (NYSE:XOM)

Consilium Wealth Advisory LLC purchased a new stake in Exxon Mobil Co. (NYSE:XOM) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 8,448 shares of the oil and gas company’s stock, valued at approximately $990,000.

Other institutional investors also recently modified their holdings of the company. WFA Asset Management Corp grew its holdings in shares of Exxon Mobil by 18.2% during the 1st quarter. WFA Asset Management Corp now owns 2,684 shares of the oil and gas company’s stock valued at $312,000 after purchasing an additional 414 shares during the last quarter. China Universal Asset Management Co. Ltd. acquired a new position in shares of Exxon Mobil during the first quarter worth $933,000. GSA Capital Partners LLP bought a new position in shares of Exxon Mobil in the 1st quarter valued at $891,000. Commerce Bank boosted its holdings in shares of Exxon Mobil by 1.5% during the 1st quarter. Commerce Bank now owns 821,902 shares of the oil and gas company’s stock valued at $95,538,000 after acquiring an additional 11,795 shares in the last quarter. Finally, Rehmann Capital Advisory Group grew its position in Exxon Mobil by 9.4% during the 1st quarter. Rehmann Capital Advisory Group now owns 29,677 shares of the oil and gas company’s stock worth $3,450,000 after acquiring an additional 2,546 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Wall Street Analyst Weigh In

XOM has been the subject of several research reports. Sanford C. Bernstein dropped their target price on Exxon Mobil from $139.00 to $138.00 and set an “outperform” rating for the company in a research report on Wednesday, July 17th. Redburn Atlantic reissued a “neutral” rating and set a $120.00 target price (up from $119.00) on shares of Exxon Mobil in a report on Tuesday, September 24th. Evercore ISI upgraded shares of Exxon Mobil to a “strong-buy” rating in a research report on Monday, August 5th. Scotiabank raised shares of Exxon Mobil from a “sector perform” rating to a “sector outperform” rating and boosted their price objective for the stock from $129.00 to $145.00 in a research note on Thursday, October 10th. Finally, The Goldman Sachs Group raised their price objective on Exxon Mobil from $118.00 to $120.00 in a research report on Thursday, October 31st. One analyst has rated the stock with a sell rating, eight have issued a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $129.95.

Exxon Mobil Stock Performance

Shares of XOM opened at $121.15 on Friday. The stock has a 50-day moving average of $117.78 and a 200-day moving average of $116.36. Exxon Mobil Co. has a one year low of $95.77 and a one year high of $126.34. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01. The company has a market cap of $477.70 billion, a PE ratio of 15.09, a P/E/G ratio of 4.96 and a beta of 0.90.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.91 by $0.01. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The firm had revenue of $90.02 billion during the quarter, compared to the consensus estimate of $93.98 billion. During the same quarter in the previous year, the company posted $2.27 earnings per share. The company’s quarterly revenue was down .8% on a year-over-year basis. On average, equities research analysts predict that Exxon Mobil Co. will post 7.97 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th will be issued a dividend of $0.99 per share. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.95. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.27%. The ex-dividend date of this dividend is Thursday, November 14th. Exxon Mobil’s dividend payout ratio (DPR) is currently 47.32%.

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.