SNS Financial Group LLC decreased its stake in Exxon Mobil Co. (NYSE:XOM) by 4.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 19,137 shares of the oil and gas company’s stock after selling 899 shares during the quarter. SNS Financial Group LLC’s holdings in Exxon Mobil were worth $1,467,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Sigma Investment Counselors Inc. raised its stake in shares of Exxon Mobil by 0.4% in the 2nd quarter. Sigma Investment Counselors Inc. now owns 35,823 shares of the oil and gas company’s stock valued at $2,745,000 after acquiring an additional 142 shares in the last quarter. Saratoga Research & Investment Management raised its stake in shares of Exxon Mobil by 4.1% in the 2nd quarter. Saratoga Research & Investment Management now owns 3,725 shares of the oil and gas company’s stock valued at $285,000 after acquiring an additional 145 shares in the last quarter. Centric Wealth Management raised its stake in shares of Exxon Mobil by 1.7% in the 2nd quarter. Centric Wealth Management now owns 8,965 shares of the oil and gas company’s stock valued at $687,000 after acquiring an additional 153 shares in the last quarter. RDA Financial Network raised its stake in shares of Exxon Mobil by 3.3% in the 2nd quarter. RDA Financial Network now owns 4,840 shares of the oil and gas company’s stock valued at $370,000 after acquiring an additional 154 shares in the last quarter. Finally, First National Bank of Hutchinson raised its stake in shares of Exxon Mobil by 1.2% in the 4th quarter. First National Bank of Hutchinson now owns 13,896 shares of the oil and gas company’s stock valued at $948,000 after acquiring an additional 162 shares in the last quarter. Institutional investors and hedge funds own 54.49% of the company’s stock.

NYSE:XOM traded up $0.38 on Tuesday, reaching $70.01. The company’s stock had a trading volume of 1,891,510 shares, compared to its average volume of 11,479,844. Exxon Mobil Co. has a 1-year low of $64.65 and a 1-year high of $87.36. The company has a current ratio of 0.74, a quick ratio of 0.47 and a debt-to-equity ratio of 0.10. The stock has a market cap of $299.73 billion, a price-to-earnings ratio of 14.20, a PEG ratio of 2.06 and a beta of 0.97. The stock’s 50-day moving average price is $74.85.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, August 2nd. The oil and gas company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.05. The company had revenue of $69.09 billion during the quarter, compared to analysts’ expectations of $64.47 billion. Exxon Mobil had a return on equity of 9.16% and a net margin of 6.30%. Exxon Mobil’s revenue for the quarter was down 6.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.92 earnings per share. As a group, equities research analysts forecast that Exxon Mobil Co. will post 3.21 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 10th. Stockholders of record on Tuesday, August 13th will be given a dividend of $0.87 per share. The ex-dividend date of this dividend is Monday, August 12th. This represents a $3.48 annualized dividend and a dividend yield of 4.97%. Exxon Mobil’s dividend payout ratio is currently 70.59%.

A number of brokerages recently weighed in on XOM. HSBC reissued a “neutral” rating and issued a $86.50 price objective on shares of Exxon Mobil in a research note on Thursday, May 23rd. Berenberg Bank reissued a “hold” rating and issued a $76.00 price objective on shares of Exxon Mobil in a research note on Wednesday, August 7th. Zacks Investment Research downgraded Exxon Mobil from a “hold” rating to a “strong sell” rating and set a $79.00 price objective on the stock. in a research note on Monday, July 22nd. DZ Bank raised Exxon Mobil from a “sell” rating to a “hold” rating and dropped their price target for the stock from $72.00 to $70.00 in a research report on Tuesday, August 6th. Finally, JPMorgan Chase & Co. set a $83.00 price target on Exxon Mobil and gave the stock a “hold” rating in a research report on Sunday, August 4th. Four analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have issued a buy rating to the company’s stock. Exxon Mobil has an average rating of “Hold” and a consensus price target of $82.59.

In other news, VP Bryan W. Milton sold 6,033 shares of the company’s stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $76.34, for a total transaction of $460,559.22. Following the completion of the transaction, the vice president now directly owns 219,423 shares of the company’s stock, valued at $16,750,751.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Robert N. Schleckser sold 9,345 shares of the company’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $70.84, for a total value of $661,999.80. Following the transaction, the vice president now directly owns 189,800 shares of the company’s stock, valued at $13,445,432. The disclosure for this sale can be found here. 0.05% of the stock is owned by corporate insiders.

Exxon Mobil Company Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals.

Featured Story: Producer Price Index (PPI)

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

Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.