Name: Exxon Mobil Co. (NYSE:XOM) Holdings Raised by Concord Wealth Partners
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Exxon Mobil Co. (NYSE:XOM) Holdings Raised by Concord Wealth Partners

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Skip to main contentPosted by onConcord Wealth Partners increased its stake in Exxon Mobil Co. (NYSE:XOM – Free Report) by 62.1% during the second quarter, HoldingsChannel reports. The firm owned 28,235 shares of the oil and gas company’s stock after acquiring an additional 10,817 shares during the period. Concord Wealth Partners’ holdings in Exxon Mobil were worth $3,028,000 at the end of the most recent quarter.Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stone House Investment Management LLC purchased a new position in shares of Exxon Mobil during the first quarter valued at $25,000. KB Financial Partners LLC purchased a new position in Exxon Mobil during the 1st quarter valued at about $27,000. Financial Connections Group Inc. increased its holdings in shares of Exxon Mobil by 105.4% in the 2nd quarter. Financial Connections Group Inc. now owns 306 shares of the oil and gas company’s stock valued at $32,000 after purchasing an additional 157 shares during the period. Artemis Wealth Advisors LLC purchased a new stake in shares of Exxon Mobil in the first quarter worth approximately $36,000. Finally, Trivant Custom Portfolio Group LLC purchased a new position in Exxon Mobil during the first quarter valued at approximately $38,000. Institutional investors and hedge funds own 58.53% of the company’s stock.XOM has been the subject of a number of research reports. JPMorgan Chase &amp; Co. decreased their target price on shares of Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating for the company in a research note on Wednesday, October 25th. StockNews.com initiated coverage on Exxon Mobil in a research note on Thursday, October 5th. They issued a “hold” rating on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $120.00 price target on shares of Exxon Mobil in a research note on Thursday, October 12th. HSBC increased their price objective on Exxon Mobil from $110.00 to $116.00 in a report on Wednesday, August 9th. Finally, Wells Fargo &amp; Company raised their price target on shares of Exxon Mobil from $127.00 to $130.00 and gave the company an “overweight” rating in a report on Friday, September 22nd. Eight analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $129.55.Check Out Our Latest Research Report on XOMIn related news, VP Darrin L. Talley sold 1,500 shares of the stock in a transaction dated Tuesday, September 5th. The shares were sold at an average price of $115.00, for a total transaction of $172,500.00. Following the completion of the sale, the vice president now owns 27,772 shares in the company, valued at approximately $3,193,780. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is available at the SEC website. 0.06% of the stock is owned by corporate insiders.Shares of NYSE:XOM traded down $0.69 during midday trading on Monday, reaching $107.09. 4,671,872 shares of the company’s stock were exchanged, compared to its average volume of 16,767,867. The firm has a market capitalization of $428.70 billion, a PE ratio of 10.77, a price-to-earnings-growth ratio of 3.77 and a beta of 1.07. The company’s 50 day simple moving average is $112.31 and its two-hundred day simple moving average is $108.83. Exxon Mobil Co. has a 12 month low of $98.02 and a 12 month high of $120.70. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.08 and a current ratio of 1.42.Exxon Mobil (NYSE:XOM – Get Free Report) last released its quarterly earnings data on Friday, October 27th. The oil and gas company reported $2.27 earnings per share for the quarter, missing analysts’ consensus estimates of $2.36 by ($0.09). Exxon Mobil had a net margin of 11.56% and a return on equity of 20.72%. The company had revenue of $90.76 billion for the quarter, compared to analyst estimates of $93.41 billion. During the same period in the previous year, the firm posted $4.45 earnings per share. The firm’s revenue for the quarter was down 19.0% compared to the same quarter last year. Equities research analysts expect that Exxon Mobil Co. will post 9.34 earnings per share for the current fiscal year.The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Wednesday, November 15th will be paid a dividend of $0.95 per share. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.91. This represents a $3.80 annualized dividend and a yield of 3.55%. The ex-dividend date of this dividend is Tuesday, November 14th. Exxon Mobil’s dividend payout ratio is currently 36.15%.(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.Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Co. (NYSE:XOM – Free Report).Receive News &amp; Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.Patrick Mauro Investment Advisor INC. Buys 10,019 Shares of Verizon Communications Inc.McIlrath &amp; Eck LLC Acquires 527 Shares of The Home Depot, Inc.Peddock Capital Advisors LLC Has $2.02 Million Stake in The Procter &amp; Gamble CompanyExxon Mobil Co. Holdings Raised by Concord Wealth PartnersMcDonald’s Co. Shares Sold by SouthState CorpAbbVie Inc. Position Trimmed by Acadian Asset Management LLCComplete the form below to receive the latest headlines and analysts' recommendations for Exxon Mobil with MarektBeat's free daily email newsletter:

Skip to main contentPosted by onConcord Wealth Partners increased its stake in Exxon Mobil Co. (NYSE:XOM – Free Report) by 62.1% during the second quarter, HoldingsChannel reports. The firm owned 28,235 shares of the oil and gas company’s stock after acquiring an additional 10,817 shares during the period. Concord Wealth Partners’ holdings in Exxon Mobil were worth $3,028,000 at the end of the most recent quarter.Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stone House Investment Management LLC purchased a new position in shares of...

Exxon Mobil Co. (NYSE:XOM) Holdings Raised by Concord Wealth Partners

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