Exxon Mobil Co. (NYSE:XOM) Shares Sold by Sprinkle Financial Consultants LLC

Sprinkle Financial Consultants LLC trimmed its position in shares of Exxon Mobil Co. (NYSE:XOM) by 6.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,482 shares of the oil and gas company’s stock after selling 231 shares during the period. Sprinkle Financial Consultants LLC’s holdings in Exxon Mobil were worth $375,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Northstar Group Inc. grew its holdings in Exxon Mobil by 2.4% during the 4th quarter. Northstar Group Inc. now owns 8,544 shares of the oil and gas company’s stock valued at $919,000 after purchasing an additional 200 shares in the last quarter. SOA Wealth Advisors LLC. boosted its holdings in shares of Exxon Mobil by 29.5% in the 4th quarter. SOA Wealth Advisors LLC. now owns 6,996 shares of the oil and gas company’s stock valued at $753,000 after buying an additional 1,595 shares during the period. Platform Technology Partners boosted its holdings in shares of Exxon Mobil by 30.5% in the 4th quarter. Platform Technology Partners now owns 14,373 shares of the oil and gas company’s stock valued at $1,546,000 after buying an additional 3,358 shares during the period. Golden State Wealth Management LLC acquired a new position in Exxon Mobil during the 4th quarter valued at about $1,000,000. Finally, Solutions 4 Wealth Ltd acquired a new position in Exxon Mobil during the 4th quarter valued at about $298,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have issued reports on XOM. BMO Capital Markets reduced their target price on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating for the company in a research note on Friday, January 31st. Argus upgraded shares of Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. Wells Fargo & Company dropped their price target on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating on the stock in a research report on Monday, February 3rd. HSBC dropped their price target on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a research report on Friday, January 31st. Finally, Bank of America initiated coverage on shares of Exxon Mobil in a research report on Thursday, October 17th. They set a “neutral” rating and a $124.00 price target on the stock. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $129.25.

Insider Buying and Selling

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

Exxon Mobil Stock Performance

Shares of XOM opened at $111.71 on Wednesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The company has a market capitalization of $490.98 billion, a PE ratio of 14.25, a PEG ratio of 2.94 and a beta of 0.89. Exxon Mobil Co. has a 52 week low of $100.42 and a 52 week high of $126.34. The company’s 50 day moving average price is $109.28 and its 200 day moving average price is $114.92.

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

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Wednesday, February 12th will be issued a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.54%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil’s dividend payout ratio is currently 50.51%.

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.