Exxon Mobil (NYSE:XOM) Stock Price Up 0.4%

Exxon Mobil Co. (NYSE:XOM - Get Free Report)'s share price traded up 0.4% during trading on Thursday . The company traded as high as $117.26 and last traded at $116.53. 7,577,102 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 18,209,746 shares. The stock had previously closed at $116.03.

Wall Street Analyst Weigh In

XOM has been the subject of several research analyst reports. Wells Fargo & Company boosted their price objective on Exxon Mobil from $138.00 to $142.00 and gave the stock an "overweight" rating in a research report on Tuesday. Scotiabank raised their price objective on shares of Exxon Mobil from $114.00 to $129.00 and gave the stock a "sector perform" rating in a research note on Thursday, April 11th. Redburn Atlantic raised shares of Exxon Mobil from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $116.00 to $119.00 in a research report on Tuesday, January 9th. Royal Bank of Canada reissued a "sector perform" rating and issued a $120.00 price target on shares of Exxon Mobil in a report on Monday, February 5th. Finally, Barclays began coverage on shares of Exxon Mobil in a report 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. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $134.06.

Exxon Mobil Stock Up 0.2 %

The stock has a market cap of $458.34 billion, a price-to-earnings ratio of 14.25, a PEG ratio of 4.11 and a beta of 0.96. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.06 and a current ratio of 1.38. The firm's 50-day simple moving average is $114.41 and its two-hundred day simple moving average is $106.92.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $79.69 billion. During the same period in the prior year, the business earned $2.83 EPS. The business's revenue for the quarter was down 4.0% on a year-over-year basis. On average, sell-side analysts expect that Exxon Mobil Co. will post 9.6 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a dividend yield of 3.27%. The ex-dividend date of this dividend is Tuesday, May 14th. Exxon Mobil's dividend payout ratio is 46.57%.

Insider Activity at Exxon Mobil

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Norges Bank acquired a new stake in Exxon Mobil during the 4th quarter worth $5,519,753,000. Global Assets Advisory LLC increased its holdings in shares of Exxon Mobil by 16,399.4% in the first quarter. Global Assets Advisory LLC now owns 12,616,904 shares of the oil and gas company's stock worth $1,466,589,000 after acquiring an additional 12,540,435 shares in the last quarter. Fisher Asset Management LLC raised its position in shares of Exxon Mobil by 566.2% during the fourth quarter. Fisher Asset Management LLC now owns 13,197,713 shares of the oil and gas company's stock worth $1,319,507,000 after purchasing an additional 11,216,602 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Exxon Mobil by 10,221.0% during the 4th quarter. International Assets Investment Management LLC now owns 4,917,763 shares of the oil and gas company's stock valued at $491,678,000 after purchasing an additional 4,870,115 shares in the last quarter. Finally, FMR LLC grew its position in shares of Exxon Mobil by 3.0% in the 3rd quarter. FMR LLC now owns 145,199,301 shares of the oil and gas company's stock valued at $17,072,534,000 after purchasing an additional 4,162,149 shares during the period. 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.