Exxon Mobil (NYSE:XOM) Stock Price Up 0.1% - Should You Buy?

Exxon Mobil Co. (NYSE:XOM - Get Free Report)'s share price was up 0.1% during mid-day trading on Tuesday . The stock traded as high as $109.96 and last traded at $109.27. Approximately 2,429,186 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 15,531,071 shares. The stock had previously closed at $109.16.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on XOM shares. Mizuho lowered their price target on shares of Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating on the stock in a report on Tuesday. Barclays lowered their target price on shares of Exxon Mobil from $130.00 to $127.00 and set an "overweight" rating on the stock in a report on Monday, May 5th. HSBC lowered their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating on the stock in a report 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, Royal Bank of Canada lowered their target price on shares of Exxon Mobil from $115.00 to $105.00 and set a "sector perform" rating on the stock in a report on Monday, May 5th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Exxon Mobil has a consensus rating of "Moderate Buy" and a consensus price target of $125.50.

Exxon Mobil Stock Up 0.0%

The firm has a market capitalization of $463.36 billion, a price-to-earnings ratio of 13.71, a P/E/G ratio of 3.02 and a beta of 0.51. The business's 50-day moving average is $109.07 and its two-hundred day moving average is $110.98. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31.

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

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Thursday, May 15th will be given a $0.99 dividend. The ex-dividend date is Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.68%. Exxon Mobil's dividend payout ratio is 52.52%.

Institutional Trading of Exxon Mobil

A number of large investors have recently bought and sold shares of the business. Geode Capital Management LLC increased its stake in Exxon Mobil by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 93,299,598 shares of the oil and gas company's stock worth $10,023,875,000 after purchasing an additional 1,104,617 shares in the last quarter. Norges Bank bought a new stake in Exxon Mobil during the 4th quarter worth approximately $6,936,737,000. Northern Trust Corp increased its stake in Exxon Mobil by 7.0% during the 4th quarter. Northern Trust Corp now owns 46,017,358 shares of the oil and gas company's stock worth $4,950,087,000 after purchasing an additional 2,998,892 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Exxon Mobil by 3.0% during the 1st quarter. Bank of New York Mellon Corp now owns 45,323,453 shares of the oil and gas company's stock worth $5,390,318,000 after purchasing an additional 1,340,343 shares in the last quarter. Finally, Franklin Resources Inc. increased its stake in Exxon Mobil by 13.1% during the 4th quarter. Franklin Resources Inc. now owns 35,662,602 shares of the oil and gas company's stock worth $3,836,226,000 after purchasing an additional 4,140,046 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

About Exxon Mobil

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.