Exxon Mobil (NYSE:XOM) Stock Price Up 1.3%

Exxon Mobil Co. (NYSE:XOM - Get Free Report) traded up 1.3% during trading on Monday . The stock traded as high as $117.92 and last traded at $117.55. 6,037,948 shares traded hands during trading, a decline of 67% from the average session volume of 18,397,252 shares. The stock had previously closed at $116.00.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Mizuho restated a "neutral" rating and set a $125.00 target price on shares of Exxon Mobil in a research report on Thursday, April 4th. TD Cowen boosted their target price on shares of Exxon Mobil from $128.00 to $135.00 and gave the stock a "buy" rating in a research report on Tuesday, April 30th. HSBC boosted their target price on shares of Exxon Mobil from $111.00 to $120.00 and gave the stock a "hold" rating in a research report on Tuesday, April 30th. UBS Group boosted their price objective on shares of Exxon Mobil from $133.00 to $150.00 and gave the stock a "buy" rating in a research report on Thursday, April 11th. Finally, Wells Fargo & Company boosted their price objective on shares of Exxon Mobil from $138.00 to $142.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 30th. Eight research analysts have rated the stock with a hold rating and eleven have issued 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 target price of $134.06.


Read Our Latest Report on Exxon Mobil

Exxon Mobil Stock Performance

The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15. The stock's 50-day moving average is $114.65 and its 200-day moving average is $106.89. The stock has a market cap of $460.23 billion, a price-to-earnings ratio of 14.37, a P/E/G ratio of 4.03 and a beta of 0.96.

Exxon Mobil (NYSE:XOM - Get Free Report) last released 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 quarter last year, the business earned $2.83 EPS. The company's revenue for the quarter was down 4.0% compared to the same quarter last year. On average, analysts expect that Exxon Mobil Co. will post 9.61 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Wednesday, May 15th will be given a $0.95 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.26%. Exxon Mobil's dividend payout ratio (DPR) is 46.57%.

Insiders Place Their Bets

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 completion of the sale, the vice president now directly owns 30,189 shares in the company, valued at approximately $3,169,845. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 completion of the sale, the vice president now directly owns 30,189 shares in the company, valued at approximately $3,169,845. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Darrin L. Talley sold 2,426 shares of Exxon Mobil 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 sale, the vice president now owns 25,363 shares of the company's stock, valued at $3,018,450.63. The disclosure for this sale can be found here. Corporate insiders own 0.03% of the company's stock.

Institutional Investors Weigh In On Exxon Mobil

Institutional investors have recently made changes to their positions in the company. Root Financial Partners LLC raised its stake in shares of Exxon Mobil by 10.7% in the 4th quarter. Root Financial Partners LLC now owns 2,054 shares of the oil and gas company's stock valued at $205,000 after acquiring an additional 199 shares in the last quarter. Assenagon Asset Management S.A. raised its stake in shares of Exxon Mobil by 83.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,269,030 shares of the oil and gas company's stock valued at $149,213,000 after acquiring an additional 575,649 shares in the last quarter. Qsemble Capital Management LP raised its stake in shares of Exxon Mobil by 34.3% in the 3rd quarter. Qsemble Capital Management LP now owns 4,700 shares of the oil and gas company's stock valued at $553,000 after acquiring an additional 1,200 shares in the last quarter. RNC Capital Management LLC raised its stake in shares of Exxon Mobil by 5.5% in the 4th quarter. RNC Capital Management LLC now owns 87,926 shares of the oil and gas company's stock valued at $8,791,000 after acquiring an additional 4,585 shares in the last quarter. Finally, Dupree Financial Group LLC bought a new position in shares of Exxon Mobil in the 4th quarter valued at approximately $378,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Company Profile

(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.

Further Reading

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