Exxon Mobil Co. (NYSE:XOM) Shares Sold by WealthPLAN Partners LLC

WealthPLAN Partners LLC lowered its position in Exxon Mobil Co. (NYSE:XOM) by 3.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,140 shares of the oil and gas company’s stock after selling 383 shares during the period. WealthPLAN Partners LLC’s holdings in Exxon Mobil were worth $1,091,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of XOM. Embree Financial Group lifted its stake in Exxon Mobil by 1.3% in the 3rd quarter. Embree Financial Group now owns 30,282 shares of the oil and gas company’s stock valued at $3,550,000 after buying an additional 375 shares in the last quarter. Alta Wealth Advisors LLC lifted its stake in Exxon Mobil by 69.9% in the 3rd quarter. Alta Wealth Advisors LLC now owns 5,619 shares of the oil and gas company’s stock valued at $659,000 after buying an additional 2,311 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in Exxon Mobil by 4.9% in the 3rd quarter. Revolve Wealth Partners LLC now owns 8,975 shares of the oil and gas company’s stock valued at $1,052,000 after buying an additional 422 shares in the last quarter. Resonant Capital Advisors LLC lifted its stake in Exxon Mobil by 2.0% in the 3rd quarter. Resonant Capital Advisors LLC now owns 49,165 shares of the oil and gas company’s stock valued at $5,763,000 after buying an additional 973 shares in the last quarter. Finally, New Century Financial Group LLC lifted its stake in Exxon Mobil by 5.9% in the 3rd quarter. New Century Financial Group LLC now owns 6,720 shares of the oil and gas company’s stock valued at $788,000 after buying an additional 373 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Up 0.0 %

Shares of NYSE XOM opened at $108.17 on Tuesday. Exxon Mobil Co. has a 12-month low of $100.60 and a 12-month high of $126.34. The company has a market cap of $475.42 billion, a P/E ratio of 13.80, a P/E/G ratio of 2.94 and a beta of 0.89. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The stock has a fifty day moving average price of $108.78 and a 200 day moving average price of $114.67.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period last year, the company earned $2.48 earnings per share. Research analysts anticipate that Exxon Mobil Co. will post 7.37 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be issued a $0.99 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.66%. Exxon Mobil’s dividend payout ratio is currently 50.51%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on XOM shares. TD Cowen reduced their target price on Exxon Mobil from $132.00 to $128.00 and set a “buy” rating on the stock in a research note on Monday, December 16th. Wells Fargo & Company reduced their price target on Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research note on Monday, February 3rd. BMO Capital Markets reduced their price target on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a research note on Friday, January 31st. Royal Bank of Canada reissued a “sector perform” rating and set a $115.00 price target on shares of Exxon Mobil in a research note on Monday, February 3rd. Finally, Mizuho reduced their price target on Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $129.25.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the sale, the vice president now directly owns 18,087 shares in the company, valued at $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.03% of the stock is owned by insiders.

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.