Exxon Mobil (NYSE:XOM) Trading 0.7% Higher - Should You Buy?

Shares of Exxon Mobil Co. (NYSE:XOM - Get Free Report) traded up 0.7% during trading on Thursday . The stock traded as high as $106.92 and last traded at $106.35. 4,261,169 shares were traded during trading, a decline of 73% from the average session volume of 15,797,931 shares. The stock had previously closed at $105.63.

Analysts Set New Price Targets

Several analysts recently weighed in on XOM shares. Wells Fargo & Company lowered their price objective on Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating for the company in a report on Monday, February 3rd. UBS Group lowered their price target on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a report on Monday, April 14th. The Goldman Sachs Group reduced their price objective on Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating on the stock in a research note on Friday, January 31st. HSBC lowered their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating for the company in a research note on Friday, January 31st. Finally, Mizuho reduced their price target on shares of Exxon Mobil from $131.00 to $129.00 and set a "neutral" rating on the stock in a research report on Thursday, April 3rd. One analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $126.50.

Exxon Mobil Trading Up 0.5 %

The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The firm has a 50-day moving average price of $109.44 and a 200-day moving average price of $111.83. The company has a market capitalization of $459.71 billion, a price-to-earnings ratio of 13.55, a PEG ratio of 3.02 and a beta of 0.61.

Exxon Mobil (NYSE:XOM - Get Free Report) last released its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 analyst estimates of $86.11 billion. During the same period in the previous year, the company earned $2.06 earnings per share. Exxon Mobil's revenue was up .1% compared to the same quarter last year. As a group, sell-side analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be issued a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.73%. Exxon Mobil's dividend payout ratio is currently 50.51%.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the company's stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the sale, the vice president now directly owns 18,087 shares of the company's stock, valued at $1,989,570. This represents a 10.40 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.03% of the company's stock.

Institutional Trading of Exxon Mobil

Several institutional investors and hedge funds have recently bought and sold shares of XOM. 10Elms LLP purchased a new position in Exxon Mobil during the 4th quarter worth approximately $25,000. Graybill Wealth Management LTD. purchased a new position in shares of Exxon Mobil during the first quarter valued at $29,000. Fairway Wealth LLC purchased a new stake in shares of Exxon Mobil in the fourth quarter worth approximately $31,000. Capital A Wealth Management LLC acquired a new stake in shares of Exxon Mobil during the fourth quarter worth approximately $32,000. Finally, Keystone Financial Group Inc. purchased a new position in Exxon Mobil during the fourth quarter valued at approximately $36,000. Institutional investors and hedge funds own 61.80% of the company's stock.

Exxon Mobil Company 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.

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