Mirador Capital Partners LP Has $1.09 Million Position in Exxon Mobil Co. (NYSE:XOM)

Mirador Capital Partners LP boosted its position in Exxon Mobil Co. (NYSE:XOM) by 3.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,254 shares of the oil and gas company’s stock after buying an additional 269 shares during the quarter. Mirador Capital Partners LP’s holdings in Exxon Mobil were worth $1,085,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Great Waters Wealth Management increased its position in shares of Exxon Mobil by 2.5% in the third quarter. Great Waters Wealth Management now owns 4,430 shares of the oil and gas company’s stock valued at $519,000 after acquiring an additional 106 shares during the last quarter. Eclectic Associates Inc. ADV grew its stake in Exxon Mobil by 1.1% in the third quarter. Eclectic Associates Inc. ADV now owns 13,370 shares of the oil and gas company’s stock valued at $1,567,000 after purchasing an additional 147 shares in the last quarter. Seneca House Advisors increased its position in shares of Exxon Mobil by 5.0% during the 3rd quarter. Seneca House Advisors now owns 2,456 shares of the oil and gas company’s stock worth $288,000 after purchasing an additional 116 shares during the last quarter. Lwmg LLC grew its stake in shares of Exxon Mobil by 666.0% in the third quarter. Lwmg LLC now owns 14,531 shares of the oil and gas company’s stock valued at $1,703,000 after buying an additional 12,634 shares in the last quarter. Finally, Allied Investment Advisors LLC grew its stake in shares of Exxon Mobil by 1.3% in the third quarter. Allied Investment Advisors LLC now owns 106,632 shares of the oil and gas company’s stock valued at $12,499,000 after buying an additional 1,324 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Performance

NYSE XOM traded up $2.25 during trading on Friday, reaching $124.83. The company’s stock had a trading volume of 19,759,207 shares, compared to its average volume of 16,859,965. Exxon Mobil Co. has a 12 month low of $95.77 and a 12 month high of $125.19. The firm has a 50 day moving average price of $116.31 and a 200 day moving average price of $115.98. The firm has a market capitalization of $492.21 billion, a price-to-earnings ratio of 15.30, a price-to-earnings-growth ratio of 4.86 and a beta of 0.89. The company has a current ratio of 1.36, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.10. The business had revenue of $93.06 billion for the quarter, compared to the consensus estimate of $90.09 billion. Exxon Mobil had a return on equity of 16.07% and a net margin of 9.73%. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.94 earnings per share. As a group, equities analysts anticipate that Exxon Mobil Co. will post 8.06 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Thursday, August 15th were given a dividend of $0.95 per share. The ex-dividend date was Thursday, August 15th. This represents a $3.80 annualized dividend and a yield of 3.04%. Exxon Mobil’s dividend payout ratio is 46.57%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Morgan Stanley dropped their price target on shares of Exxon Mobil from $145.00 to $142.00 and set an “overweight” rating on the stock in a research report on Monday, September 16th. Sanford C. Bernstein cut their target price on shares of Exxon Mobil from $139.00 to $138.00 and set an “outperform” rating for the company in a research note on Wednesday, July 17th. Mizuho boosted their price target on Exxon Mobil from $128.00 to $130.00 and gave the stock a “neutral” rating in a research report on Monday, September 16th. Wells Fargo & Company upped their price objective on Exxon Mobil from $135.00 to $136.00 and gave the company an “overweight” rating in a research note on Friday, September 27th. Finally, Truist Financial reduced their target price on Exxon Mobil from $121.00 to $117.00 and set a “hold” rating for the company in a research note on Monday, September 30th. Nine investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $134.18.

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.