Exxon Mobil Co. (NYSE:XOM - Get Free Report)'s share price traded up 2.2% during trading on Tuesday . The company traded as high as $107.15 and last traded at $107.28. 3,830,761 shares were traded during trading, a decline of 75% from the average session volume of 15,514,797 shares. The stock had previously closed at $104.97.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on XOM. Royal Bank of Canada reaffirmed a "sector perform" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. UBS Group dropped their target price on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Barclays reissued a "hold" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. Piper Sandler downgraded Exxon Mobil from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 28th. Finally, Scotiabank decreased their target price on Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating for the company in a research report on Friday, April 11th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, nine have given a buy rating and two have issued 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 $125.50.
View Our Latest Stock Analysis on Exxon Mobil
Exxon Mobil Trading Up 1.9%
The firm's 50-day simple moving average is $105.04 and its 200-day simple moving average is $108.89. The firm has a market capitalization of $471.08 billion, a P/E ratio of 13.94, a price-to-earnings-growth ratio of 3.02 and a beta of 0.49. 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 announced its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.03. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. The company had revenue of $83.13 billion during the quarter, compared to analyst estimates of $86.11 billion. During the same period in the previous year, the business earned $2.06 earnings per share. The firm's quarterly revenue was up .1% compared to the same quarter last year. Analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current year.
Exxon Mobil Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Investors of record on Thursday, May 15th were given a $0.99 dividend. The ex-dividend date was Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a yield of 3.62%. Exxon Mobil's payout ratio is 52.52%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Tallon Kerry Patrick purchased a new stake in shares of Exxon Mobil during the fourth quarter valued at approximately $789,000. Union Bancaire Privee UBP SA purchased a new position in shares of Exxon Mobil in the fourth quarter worth $48,348,000. Leo Wealth LLC raised its holdings in Exxon Mobil by 4.8% during the 4th quarter. Leo Wealth LLC now owns 42,207 shares of the oil and gas company's stock valued at $4,540,000 after buying an additional 1,932 shares during the last quarter. Ledyard National Bank raised its stake in shares of Exxon Mobil by 0.4% during the fourth quarter. Ledyard National Bank now owns 41,140 shares of the oil and gas company's stock valued at $4,425,000 after acquiring an additional 150 shares during the last quarter. Finally, Strategic Financial Concepts LLC boosted its holdings in shares of Exxon Mobil by 11,131.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,792,811 shares of the oil and gas company's stock worth $192,853,000 after purchasing an additional 1,776,848 shares during the period. 61.80% of the stock is currently owned by institutional investors.
Exxon Mobil Company Profile
(
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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.
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