S.E.E.D. Planning Group LLC Acquires 7,973 Shares of Exxon Mobil Co. (NYSE:XOM)

S.E.E.D. Planning Group LLC increased its stake in Exxon Mobil Co. (NYSE:XOM - Free Report) by 15.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 58,958 shares of the oil and gas company's stock after purchasing an additional 7,973 shares during the period. Exxon Mobil makes up 2.1% of S.E.E.D. Planning Group LLC's holdings, making the stock its 15th largest position. S.E.E.D. Planning Group LLC's holdings in Exxon Mobil were worth $6,342,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Fairway Wealth LLC acquired a new stake in shares of Exxon Mobil in the second quarter valued at approximately $35,000. Fairscale Capital LLC acquired a new stake in Exxon Mobil in the 2nd quarter valued at $39,000. Hershey Financial Advisers LLC bought a new stake in Exxon Mobil during the 2nd quarter worth about $46,000. Peterson Financial Group Inc. acquired a new position in shares of Exxon Mobil during the 3rd quarter worth about $51,000. Finally, Highline Wealth Partners LLC bought a new position in shares of Exxon Mobil in the 3rd quarter valued at about $54,000. Institutional investors own 61.80% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. TD Cowen dropped their target price on Exxon Mobil from $132.00 to $128.00 and set a "buy" rating on the stock in a report on Monday, December 16th. Royal Bank of Canada reiterated a "sector perform" rating and set a $115.00 price objective on shares of Exxon Mobil in a research note on Thursday, December 12th. BMO Capital Markets raised their target price on shares of Exxon Mobil from $127.00 to $130.00 and gave the company a "market perform" rating in a research note on Friday, October 4th. Redburn Atlantic reaffirmed a "neutral" rating and set a $120.00 price target (up from $119.00) on shares of Exxon Mobil in a research report on Tuesday, September 24th. Finally, Scotiabank raised shares of Exxon Mobil from a "sector perform" rating to a "sector outperform" rating and lifted their price objective for the company from $129.00 to $145.00 in a research report on Thursday, October 10th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $128.84.

Exxon Mobil Price Performance

Shares of Exxon Mobil stock traded down $0.19 during trading on Thursday, reaching $111.32. 10,351,484 shares of the company's stock were exchanged, compared to its average volume of 14,547,209. The firm's 50-day moving average price is $112.93 and its 200 day moving average price is $115.55. The company has a market cap of $489.27 billion, a P/E ratio of 13.86, a PEG ratio of 2.70 and a beta of 0.91. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.01 and a current ratio of 1.35. Exxon Mobil Co. has a 1-year low of $95.77 and a 1-year high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, beating analysts' consensus estimates of $1.91 by $0.01. The company had revenue of $90.02 billion for the quarter, compared to the consensus estimate of $93.98 billion. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The firm's quarterly revenue was down .8% compared to the same quarter last year. During the same period last year, the company posted $2.27 EPS. As a group, research analysts anticipate that Exxon Mobil Co. will post 7.86 earnings per share for the current year.

Exxon Mobil Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Thursday, November 14th were issued a dividend of $0.99 per share. The ex-dividend date of this dividend was Thursday, November 14th. This is an increase from Exxon Mobil's previous quarterly dividend of $0.95. This represents a $3.96 annualized dividend and a dividend yield of 3.56%. Exxon Mobil's dividend payout ratio is 49.32%.

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.