Pinnacle Wealth Planning Services Inc. Has $2.29 Million Stock Holdings in Exxon Mobil Co. (NYSE:XOM)

Pinnacle Wealth Planning Services Inc. decreased its holdings in Exxon Mobil Co. (NYSE:XOM - Free Report) by 25.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 21,294 shares of the oil and gas company's stock after selling 7,189 shares during the quarter. Pinnacle Wealth Planning Services Inc.'s holdings in Exxon Mobil were worth $2,291,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of XOM. Tallon Kerry Patrick purchased a new stake in shares of Exxon Mobil in the 4th quarter valued at approximately $789,000. Janney Montgomery Scott LLC lifted its stake in shares of Exxon Mobil by 4.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,494,482 shares of the oil and gas company's stock valued at $160,762,000 after purchasing an additional 61,701 shares during the last quarter. True North Advisors LLC increased its holdings in shares of Exxon Mobil by 32.4% during the 4th quarter. True North Advisors LLC now owns 51,135 shares of the oil and gas company's stock valued at $5,501,000 after acquiring an additional 12,504 shares during the last quarter. Echo45 Advisors LLC raised its position in shares of Exxon Mobil by 9.4% in the fourth quarter. Echo45 Advisors LLC now owns 1,970 shares of the oil and gas company's stock valued at $212,000 after purchasing an additional 170 shares during the period. Finally, Asset Planning Services Inc. LA ADV lifted its position in Exxon Mobil by 0.9% during the 4th quarter. Asset Planning Services Inc. LA ADV now owns 50,580 shares of the oil and gas company's stock worth $5,441,000 after acquiring an additional 450 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.

Exxon Mobil Trading Up 0.3%

Shares of Exxon Mobil stock traded up $0.29 on Thursday, hitting $102.40. 7,190,202 shares of the company's stock traded hands, compared to its average volume of 15,514,644. The firm's 50-day moving average price is $107.50 and its two-hundred day moving average price is $110.02. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The stock has a market capitalization of $441.30 billion, a PE ratio of 13.05, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. Exxon Mobil Co. has a one year low of $97.80 and a one year high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.73 by $0.03. The business had revenue of $83.13 billion for the quarter, compared to analyst estimates of $86.11 billion. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. Exxon Mobil's quarterly revenue was up .1% compared to the same quarter last year. During the same quarter last year, the firm earned $2.06 EPS. On average, research analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Thursday, May 15th will be paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.87%. The ex-dividend date of this dividend is Thursday, May 15th. Exxon Mobil's payout ratio is presently 52.52%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on XOM shares. Mizuho dropped their target price on shares of Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 13th. Morgan Stanley lowered their price target on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a research report on Thursday, March 27th. Bernstein Bank boosted their target price on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an "overweight" rating in a research note on Friday, January 31st. Scotiabank lowered their target price on shares of Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating on the stock in a report on Friday, April 11th. Finally, UBS Group cut their price target on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a report on Monday, April 14th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Exxon Mobil presently has an average rating of "Moderate Buy" and an average target price of $125.50.

Exxon Mobil 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.