Compass Ion Advisors LLC Sells 276 Shares of Exxon Mobil Co. (NYSE:XOM)

Compass Ion Advisors LLC trimmed its holdings in Exxon Mobil Co. (NYSE:XOM) by 2.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,526 shares of the oil and gas company’s stock after selling 276 shares during the quarter. Compass Ion Advisors LLC’s holdings in Exxon Mobil were worth $1,572,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Roberts Wealth Advisors LLC grew its stake in Exxon Mobil by 5.6% during the first quarter. Roberts Wealth Advisors LLC now owns 16,412 shares of the oil and gas company’s stock valued at $1,964,000 after acquiring an additional 875 shares in the last quarter. Mayfair Advisory Group LLC grew its position in shares of Exxon Mobil by 1.1% during the first quarter. Mayfair Advisory Group LLC now owns 21,680 shares of the oil and gas company’s stock valued at $2,520,000 after purchasing an additional 233 shares in the last quarter. SteelPeak Wealth LLC increased its holdings in shares of Exxon Mobil by 109.3% in the first quarter. SteelPeak Wealth LLC now owns 26,553 shares of the oil and gas company’s stock worth $3,086,000 after purchasing an additional 13,864 shares during the last quarter. Financial Partners Group LLC lifted its position in shares of Exxon Mobil by 2.4% in the first quarter. Financial Partners Group LLC now owns 96,111 shares of the oil and gas company’s stock worth $11,172,000 after buying an additional 2,236 shares in the last quarter. Finally, Breakwater Capital Group boosted its stake in Exxon Mobil by 3.1% during the first quarter. Breakwater Capital Group now owns 21,942 shares of the oil and gas company’s stock valued at $2,551,000 after buying an additional 654 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Trading Down 0.1 %

NYSE XOM opened at $114.96 on Tuesday. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $123.75. The company’s 50-day moving average price is $115.25 and its 200-day moving average price is $109.72. The stock has a market cap of $453.29 billion, a PE ratio of 14.09, a PEG ratio of 4.14 and a beta of 0.91. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, April 26th. The oil and gas company reported $2.06 EPS for the quarter, missing analysts’ consensus estimates of $2.19 by ($0.13). Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The company had revenue of $83.08 billion during the quarter, compared to the consensus estimate of $79.69 billion. During the same quarter in the prior year, the company earned $2.83 earnings per share. Exxon Mobil’s revenue was down 4.0% on a year-over-year basis. Equities research analysts forecast that Exxon Mobil Co. will post 9.28 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th were given 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 of this dividend was Tuesday, May 14th. Exxon Mobil’s dividend payout ratio (DPR) is presently 46.57%.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,426 shares of the company’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the sale, the vice president now directly owns 25,363 shares of the company’s stock, valued at $3,018,450.63. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

XOM has been the topic of a number of research reports. UBS Group lifted their price objective on Exxon Mobil from $152.00 to $154.00 and gave the stock a “buy” rating in a research note on Tuesday, June 25th. TD Cowen upped their price target on shares of Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a research note on Tuesday, April 30th. Mizuho lifted their price objective on shares of Exxon Mobil from $125.00 to $128.00 and gave the stock a “neutral” rating in a research note on Monday, May 13th. Scotiabank upped their target price on shares of Exxon Mobil from $114.00 to $129.00 and gave the company a “sector perform” rating in a research report on Thursday, April 11th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $145.00 price target on shares of Exxon Mobil in a research report on Wednesday, May 15th. Nine analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, Exxon Mobil currently has an average rating of “Moderate Buy” and an average price target of $133.82.

About Exxon Mobil

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.