S.E.E.D. Planning Group LLC Has $6.34 Million Stake in Exxon Mobil Co. (NYSE:XOM)

S.E.E.D. Planning Group LLC boosted its holdings in shares of Exxon Mobil Co. (NYSE:XOMFree Report) by 15.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,958 shares of the oil and gas company’s stock after buying an additional 7,973 shares during the period. Exxon Mobil comprises 2.1% of S.E.E.D. Planning Group LLC’s portfolio, making the stock its 15th largest holding. S.E.E.D. Planning Group LLC’s holdings in Exxon Mobil were worth $6,342,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fairway Wealth LLC bought a new stake in shares of Exxon Mobil in the 2nd quarter valued at approximately $35,000. Fairscale Capital LLC bought a new stake in Exxon Mobil in the second quarter valued at $39,000. Hershey Financial Advisers LLC acquired a new position in Exxon Mobil during the second quarter worth $46,000. Peterson Financial Group Inc. bought a new position in shares of Exxon Mobil during the third quarter valued at $51,000. Finally, Highline Wealth Partners LLC acquired a new stake in shares of Exxon Mobil in the 3rd quarter valued at $54,000. Institutional investors own 61.80% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Redburn Atlantic reissued a “neutral” rating and set a $120.00 price target (up from $119.00) on shares of Exxon Mobil in a report on Tuesday, September 24th. Bank of America initiated coverage on Exxon Mobil in a report on Thursday, October 17th. They issued a “neutral” rating and a $124.00 target price on the stock. BNP Paribas cut Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $105.00 price target for the company. in a report on Wednesday, October 9th. Barclays cut their price objective on Exxon Mobil from $142.00 to $137.00 and set an “overweight” rating for the company in a research report on Thursday, October 3rd. Finally, Wells Fargo & Company increased their target price on Exxon Mobil from $135.00 to $136.00 and gave the stock an “overweight” rating in a report on Friday, September 27th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $128.84.

Check Out Our Latest Research Report on Exxon Mobil

Exxon Mobil Price Performance

Shares of XOM stock opened at $111.44 on Thursday. The firm’s 50 day moving average price is $113.12 and its two-hundred day moving average price is $115.58. The stock has a market cap of $489.79 billion, a PE ratio of 13.88, a PEG ratio of 4.65 and a beta of 0.91. Exxon Mobil Co. has a 52-week low of $95.77 and a 52-week high of $126.34. 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 (NYSE:XOMGet Free Report) last announced its quarterly earnings data on Friday, November 1st. The oil and gas company reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.91 by $0.01. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The business had revenue of $90.02 billion during the quarter, compared to analysts’ expectations of $93.98 billion. During the same period in the previous year, the firm earned $2.27 earnings per share. The firm’s quarterly revenue was down .8% compared to the same quarter last year. As a group, analysts forecast that Exxon Mobil Co. will post 7.95 EPS for the current year.

Exxon Mobil Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.55%. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date of this dividend was Thursday, November 14th. Exxon Mobil’s dividend payout ratio (DPR) is currently 49.32%.

Exxon Mobil Profile

(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.

See Also

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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