S.E.E.D. Planning Group LLC Increases Holdings in Exxon Mobil Co. (NYSE:XOM)

S.E.E.D. Planning Group LLC boosted its holdings in shares of Exxon Mobil Co. (NYSE:XOM - Free Report) by 8.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 63,784 shares of the oil and gas company's stock after acquiring an additional 4,826 shares during the quarter. Exxon Mobil comprises 2.6% of S.E.E.D. Planning Group LLC's holdings, making the stock its 16th largest holding. S.E.E.D. Planning Group LLC's holdings in Exxon Mobil were worth $7,586,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XOM. Beacon Capital Management LLC boosted its holdings in Exxon Mobil by 1.1% in the fourth quarter. Beacon Capital Management LLC now owns 8,582 shares of the oil and gas company's stock valued at $923,000 after purchasing an additional 93 shares during the period. Altus Wealth Group LLC boosted its holdings in Exxon Mobil by 0.9% in the fourth quarter. Altus Wealth Group LLC now owns 10,130 shares of the oil and gas company's stock valued at $1,090,000 after purchasing an additional 94 shares during the period. Harvest Fund Management Co. Ltd boosted its holdings in Exxon Mobil by 11.4% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 918 shares of the oil and gas company's stock valued at $99,000 after purchasing an additional 94 shares during the period. Field & Main Bank boosted its holdings in Exxon Mobil by 0.4% in the fourth quarter. Field & Main Bank now owns 23,495 shares of the oil and gas company's stock valued at $2,527,000 after purchasing an additional 95 shares during the period. Finally, WPWealth LLP lifted its holdings in Exxon Mobil by 1.1% during the 4th quarter. WPWealth LLP now owns 9,201 shares of the oil and gas company's stock worth $990,000 after buying an additional 96 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.

Exxon Mobil Stock Performance

XOM stock traded down $0.61 during trading on Friday, hitting $102.08. The company had a trading volume of 28,636,718 shares, compared to its average volume of 15,602,445. The firm has a market cap of $439.93 billion, a PE ratio of 13.02, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. Exxon Mobil Co. has a 1-year low of $97.80 and a 1-year high of $126.34. The firm has a 50-day moving average price of $106.95 and a 200-day moving average price of $109.78. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

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

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.88%. The ex-dividend date is Thursday, May 15th. Exxon Mobil's payout ratio is 52.52%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Scotiabank decreased their price target on Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating for the company in a report on Friday, April 11th. HSBC decreased their price target on Exxon Mobil from $125.00 to $123.00 and set a "hold" rating for the company in a report on Friday, January 31st. BMO Capital Markets decreased their price target on Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating for the company in a report on Friday, January 31st. Argus raised Exxon Mobil to a "strong-buy" rating in a report on Tuesday, February 4th. Finally, Mizuho decreased their price target on Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating for the company in a report on Tuesday, May 13th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus 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.