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Insider Selling: Exxon Mobil Co. (NYSE:XOM) VP Sells 2,426 Shares of Stock

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Exxon Mobil Co. (NYSE:XOM - Get Free Report) VP Darrin L. Talley sold 2,426 shares of the company's stock in a transaction on Monday, April 29th. The stock was 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 filing with the SEC, which is available at the SEC website.

Exxon Mobil Price Performance

Shares of XOM traded down $1.42 during trading hours on Tuesday, hitting $118.22. The stock had a trading volume of 21,079,912 shares, compared to its average volume of 18,238,875. The company's fifty day moving average is $113.65 and its two-hundred day moving average is $106.73. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06. Exxon Mobil Co. has a 52 week low of $95.77 and a 52 week high of $123.75. The stock has a market capitalization of $467.95 billion, a price-to-earnings ratio of 14.58, a P/E/G ratio of 4.05 and a beta of 0.96.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 EPS for the quarter, missing analysts' consensus estimates of $2.19 by ($0.13). The company had revenue of $83.08 billion for the quarter, compared to the consensus estimate of $79.69 billion. Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The firm's revenue was down 4.0% compared to the same quarter last year. During the same period in the prior year, the company earned $2.83 EPS. On average, analysts anticipate that Exxon Mobil Co. will post 9.7 EPS for the current year.


Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th will be paid a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 3.21%. The ex-dividend date is Tuesday, May 14th. Exxon Mobil's dividend payout ratio (DPR) is presently 46.57%.

Analyst Ratings Changes

Several equities analysts recently commented on XOM shares. HSBC upped their target price on shares of Exxon Mobil from $111.00 to $120.00 and gave the company a "hold" rating in a research note on Tuesday. Piper Sandler upped their target price on shares of Exxon Mobil from $130.00 to $145.00 and gave the company an "overweight" rating in a research note on Thursday, April 18th. UBS Group upped their target price on shares of Exxon Mobil from $133.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, April 11th. Truist Financial upped their target price on shares of Exxon Mobil from $140.00 to $146.00 and gave the company a "buy" rating in a research note on Friday, April 5th. Finally, Redburn Atlantic upgraded shares of Exxon Mobil from a "neutral" rating to a "buy" rating and upped their target price for the company from $116.00 to $119.00 in a research note on Tuesday, January 9th. Nine research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $133.56.

View Our Latest Analysis on XOM

Institutional Trading of Exxon Mobil

Hedge funds have recently modified their holdings of the company. First Pacific Financial acquired a new stake in shares of Exxon Mobil in the 1st quarter valued at approximately $34,000. Partnership Wealth Management LLC acquired a new stake in Exxon Mobil during the 4th quarter worth approximately $46,000. Vima LLC acquired a new stake in Exxon Mobil during the 4th quarter worth approximately $50,000. Redmont Wealth Advisors LLC acquired a new stake in Exxon Mobil during the 1st quarter worth approximately $88,000. Finally, Orion Capital Management LLC acquired a new stake in Exxon Mobil during the 3rd quarter worth approximately $91,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

About Exxon Mobil

(Get Free Report)

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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