Exxon Mobil (NYSE:XOM) Trading 0.7% Higher

Shares of Exxon Mobil Co. (NYSE:XOM - Get Free Report) traded up 0.7% during mid-day trading on Monday . The company traded as high as $120.72 and last traded at $120.71. 4,487,612 shares were traded during mid-day trading, a decline of 75% from the average session volume of 18,100,195 shares. The stock had previously closed at $119.88.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Scotiabank raised their target price on Exxon Mobil from $114.00 to $129.00 and gave the company a "sector perform" rating in a research note on Thursday, April 11th. UBS Group raised their target price on Exxon Mobil from $133.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, April 11th. Mizuho reiterated a "neutral" rating and issued a $125.00 target price on shares of Exxon Mobil in a research note on Thursday, April 4th. TD Cowen raised their target price on Exxon Mobil from $115.00 to $120.00 and gave the company a "buy" rating in a research note on Monday, April 1st. Finally, Barclays began coverage on shares of Exxon Mobil in a research note on Wednesday, April 10th. They set an "overweight" rating and a $147.00 price objective on the stock. Eight research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $132.28.

Exxon Mobil Trading Up 0.6 %

The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.09 and a current ratio of 1.48. The company has a 50 day simple moving average of $111.55 and a two-hundred day simple moving average of $106.23. The company has a market cap of $477.29 billion, a PE ratio of 13.58, a PEG ratio of 4.12 and a beta of 0.96.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced 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 business had revenue of $84.34 billion during the quarter, compared to analyst estimates of $90.03 billion. Exxon Mobil had a return on equity of 18.51% and a net margin of 10.45%. The firm's revenue was down 11.6% on a year-over-year basis. During the same period in the previous year, the company earned $3.40 EPS. Sell-side analysts forecast that Exxon Mobil Co. will post 9.7 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently announced 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 3.15%. Exxon Mobil's dividend payout ratio (DPR) is currently 42.74%.

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 2,400 shares of the company's stock in a transaction that occurred on 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 directly owns 30,189 shares in the company, valued at $3,169,845. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.03% of the company's stock.

Institutional Trading of Exxon Mobil

A number of institutional investors and hedge funds have recently modified their holdings of the company. Partnership Wealth Management LLC bought a new stake in Exxon Mobil in the fourth quarter valued at $46,000. Vima LLC acquired a new position in Exxon Mobil in the fourth quarter worth $50,000. Keener Financial Planning LLC acquired a new position in shares of Exxon Mobil during the fourth quarter valued at $80,000. Neo Ivy Capital Management acquired a new position in shares of Exxon Mobil during the fourth quarter valued at $80,000. Finally, Redmont Wealth Advisors LLC acquired a new position in shares of Exxon Mobil during the first quarter valued at $88,000. 61.80% of the stock is currently 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.