Exxon Mobil (NYSE:XOM) Trading Up 0.6%

Exxon Mobil Co. (NYSE:XOM - Get Free Report)'s share price traded up 0.6% during mid-day trading on Thursday . The company traded as high as $115.93 and last traded at $115.66. 3,267,330 shares were traded during trading, a decline of 82% from the average session volume of 18,232,910 shares. The stock had previously closed at $114.97.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. JPMorgan Chase & Co. reduced their target price on shares of Exxon Mobil from $134.00 to $127.00 and set an "overweight" rating on the stock in a report on Friday, December 8th. Mizuho increased their target price on shares of Exxon Mobil from $119.00 to $125.00 and gave the stock a "neutral" rating in a report on Tuesday, March 19th. Redburn Atlantic upgraded shares of Exxon Mobil from a "neutral" rating to a "buy" rating and raised their price objective for the company from $116.00 to $119.00 in a report on Tuesday, January 9th. UBS Group reduced their price objective on shares of Exxon Mobil from $133.00 to $132.00 and set a "buy" rating on the stock in a report on Tuesday, January 23rd. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $120.00 price objective on shares of Exxon Mobil in a report on Monday, February 5th. Nine equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $128.18.

Exxon Mobil Trading Up 1.1 %

The business's 50-day moving average price is $105.34 and its 200 day moving average price is $105.96. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.48 and a quick ratio of 1.09. The firm has a market capitalization of $461.22 billion, a price-to-earnings ratio of 13.08, a PEG ratio of 4.17 and a beta of 0.96.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings results on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.20 by $0.28. The firm had revenue of $84.34 billion for the quarter, compared to analysts' expectations of $90.03 billion. Exxon Mobil had a net margin of 10.45% and a return on equity of 18.51%. The firm's quarterly revenue was down 11.6% on a year-over-year basis. During the same period in the prior year, the company posted $3.40 earnings per share. On average, equities analysts forecast that Exxon Mobil Co. will post 9.11 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Wednesday, February 14th were issued a $0.95 dividend. The ex-dividend date was Tuesday, February 13th. This represents a $3.80 annualized dividend and a yield of 3.27%. Exxon Mobil's dividend payout ratio is presently 42.74%.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,400 shares of the business's stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total transaction of $252,000.00. Following the completion of the sale, the vice president now owns 30,189 shares in the company, valued at $3,169,845. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.06% of the stock is currently owned by corporate insiders.

Institutional Trading of Exxon Mobil

Several institutional investors have recently added to or reduced their stakes in the business. Newbridge Financial Services Group Inc. grew its position in shares of Exxon Mobil by 6.1% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 19,169 shares of the oil and gas company's stock worth $1,917,000 after acquiring an additional 1,101 shares during the last quarter. HighPoint Advisor Group LLC acquired a new stake in Exxon Mobil in the 4th quarter valued at about $15,701,000. Fairman Group LLC acquired a new stake in Exxon Mobil in the 4th quarter valued at about $210,000. Napatree Capital LLC acquired a new stake in Exxon Mobil in the 4th quarter valued at about $1,051,000. Finally, Livelsberger Financial Advisory acquired a new stake in Exxon Mobil in the 4th quarter valued at about $149,000. Institutional investors own 61.80% of the company's stock.

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.