Kiley Juergens Wealth Management LLC Has $2.42 Million Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Kiley Juergens Wealth Management LLC boosted its position in shares of Exxon Mobil Co. (NYSE:XOM) by 100.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,000 shares of the oil and gas company’s stock after purchasing an additional 10,540 shares during the period. Kiley Juergens Wealth Management LLC’s holdings in Exxon Mobil were worth $2,417,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. 1620 Investment Advisors Inc. raised its position in Exxon Mobil by 15.2% during the second quarter. 1620 Investment Advisors Inc. now owns 8,481 shares of the oil and gas company’s stock valued at $976,000 after acquiring an additional 1,122 shares in the last quarter. Richard W. Paul & Associates LLC acquired a new position in shares of Exxon Mobil during the 2nd quarter worth $264,000. First National Bank & Trust Co. of Newtown raised its holdings in shares of Exxon Mobil by 2.0% during the 2nd quarter. First National Bank & Trust Co. of Newtown now owns 54,455 shares of the oil and gas company’s stock valued at $6,269,000 after purchasing an additional 1,043 shares in the last quarter. Joule Financial LLC lifted its stake in shares of Exxon Mobil by 33.0% in the 2nd quarter. Joule Financial LLC now owns 6,113 shares of the oil and gas company’s stock valued at $704,000 after purchasing an additional 1,516 shares during the last quarter. Finally, Griffin Asset Management Inc. boosted its holdings in Exxon Mobil by 15.6% in the second quarter. Griffin Asset Management Inc. now owns 87,135 shares of the oil and gas company’s stock worth $10,031,000 after purchasing an additional 11,773 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Performance

Shares of XOM traded up $0.89 on Thursday, reaching $114.74. 10,608,239 shares of the stock traded hands, compared to its average volume of 17,106,223. The stock’s 50-day moving average price is $115.00 and its 200-day moving average price is $113.68. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06. The firm has a market cap of $452.42 billion, a price-to-earnings ratio of 14.06, a P/E/G ratio of 4.51 and a beta of 0.91. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $123.75.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.10. The firm had revenue of $93.06 billion for the quarter, compared to analyst estimates of $90.09 billion. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. During the same quarter in the previous year, the firm posted $1.94 EPS. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. Equities analysts forecast that Exxon Mobil Co. will post 8.65 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 10th. Shareholders of record on Thursday, August 15th will be paid a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date is Thursday, August 15th. Exxon Mobil’s dividend payout ratio is 46.57%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Mizuho boosted their price target on Exxon Mobil from $125.00 to $128.00 and gave the stock a “neutral” rating in a research report on Monday, May 13th. Wolfe Research initiated coverage on Exxon Mobil in a research report on Thursday, July 18th. They set an “outperform” rating and a $146.00 target price for the company. Royal Bank of Canada reiterated a “sector perform” rating and set a $135.00 price target on shares of Exxon Mobil in a report on Tuesday, July 9th. Evercore ISI upgraded shares of Exxon Mobil to a “strong-buy” rating in a research note on Monday, August 5th. Finally, Truist Financial lowered their target price on shares of Exxon Mobil from $124.00 to $121.00 and set a “hold” rating on the stock in a research note on Monday, July 22nd. Eight research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $134.56.

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.