Exxon Mobil (NYSE:XOM) PT Raised to $152.00

Exxon Mobil (NYSE:XOM - Get Free Report) had its price target hoisted by stock analysts at UBS Group from $150.00 to $152.00 in a research note issued to investors on Tuesday, Benzinga reports. The brokerage currently has a "buy" rating on the oil and gas company's stock. UBS Group's target price indicates a potential upside of 30.79% from the stock's previous close.

A number of other analysts have also commented on the stock. Royal Bank of Canada restated a "sector perform" rating and set a $120.00 price target on shares of Exxon Mobil in a research note on Monday, February 5th. HSBC raised their price target on shares of Exxon Mobil from $111.00 to $120.00 and gave the company a "hold" rating in a research report on Tuesday, April 30th. Redburn Atlantic raised Exxon Mobil from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $116.00 to $119.00 in a report on Tuesday, January 9th. Piper Sandler raised their target price on Exxon Mobil from $130.00 to $145.00 and gave the company an "overweight" rating in a report on Thursday, April 18th. Finally, TD Cowen lifted their target price on Exxon Mobil from $128.00 to $135.00 and gave the company a "buy" rating in a research report on Tuesday, April 30th. Eight equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $134.18.

Exxon Mobil Stock Down 0.5 %

Shares of Exxon Mobil stock traded down $0.53 during trading on Tuesday, reaching $116.22. 30,112,328 shares of the company traded hands, compared to its average volume of 18,825,762. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06. The firm has a market capitalization of $458.26 billion, a PE ratio of 14.24, a P/E/G ratio of 4.03 and a beta of 0.96. The company has a 50 day moving average price of $115.15 and a 200-day moving average price of $106.95. Exxon Mobil has a 1-year low of $95.77 and a 1-year high of $123.75.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing the consensus estimate of $2.19 by ($0.13). Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The company had revenue of $83.08 billion for the quarter, compared to analyst estimates of $79.69 billion. Exxon Mobil's revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.83 EPS. As a group, equities research analysts expect that Exxon Mobil will post 9.61 earnings per share for the current fiscal year.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the firm's stock in a transaction on Monday, April 29th. The stock was sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the sale, the vice president now directly owns 25,363 shares of the company's stock, valued at $3,018,450.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the company's stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $119.01, for a total transaction of $288,718.26. Following the sale, the vice president now directly owns 25,363 shares of the company's stock, valued at $3,018,450.63. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Darrin L. Talley sold 2,400 shares of Exxon Mobil stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total transaction of $252,000.00. Following the completion of the transaction, the vice president now owns 30,189 shares of the company's stock, valued at approximately $3,169,845. The disclosure for this sale can be found here. 0.03% of the stock is owned by company insiders.

Hedge Funds Weigh In On Exxon Mobil

A number of large investors have recently made changes to their positions in the stock. Horizon Bancorp Inc. IN boosted its holdings in Exxon Mobil by 15.3% in the 3rd quarter. Horizon Bancorp Inc. IN now owns 3,113 shares of the oil and gas company's stock valued at $366,000 after purchasing an additional 412 shares during the period. Capital Advisors Inc. OK raised its holdings in shares of Exxon Mobil by 3.8% in the 3rd quarter. Capital Advisors Inc. OK now owns 649,020 shares of the oil and gas company's stock valued at $76,312,000 after acquiring an additional 23,734 shares in the last quarter. Stratos Wealth Partners LTD. boosted its position in shares of Exxon Mobil by 9.0% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 229,394 shares of the oil and gas company's stock valued at $26,972,000 after acquiring an additional 18,962 shares during the last quarter. Stratos Wealth Advisors LLC grew its holdings in shares of Exxon Mobil by 28.3% during the third quarter. Stratos Wealth Advisors LLC now owns 52,669 shares of the oil and gas company's stock worth $6,193,000 after purchasing an additional 11,609 shares in the last quarter. Finally, W.H. Cornerstone Investments Inc. increased its position in shares of Exxon Mobil by 13.8% in the third quarter. W.H. Cornerstone Investments Inc. now owns 4,092 shares of the oil and gas company's stock worth $481,000 after purchasing an additional 495 shares during the last quarter. 61.80% of the stock is owned by institutional investors.

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.