Exxon Mobil (NYSE:XOM) Shares Up 1.4%

Exxon Mobil Co. (NYSE:XOM - Get Free Report)'s stock price rose 1.4% during mid-day trading on Thursday . The company traded as high as $117.83 and last traded at $117.83. Approximately 3,739,884 shares changed hands during trading, a decline of 80% from the average daily volume of 18,656,068 shares. The stock had previously closed at $116.15.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Scotiabank increased their target price on Exxon Mobil from $114.00 to $129.00 and gave the stock a "sector perform" rating in a research note on Thursday, April 11th. Mizuho restated a "neutral" rating and set a $125.00 price objective on shares of Exxon Mobil in a research note on Thursday, April 4th. TD Cowen upped their target price on shares of Exxon Mobil from $128.00 to $135.00 and gave the stock a "buy" rating in a research note on Tuesday, April 30th. Piper Sandler raised their price target on shares of Exxon Mobil from $130.00 to $145.00 and gave the company an "overweight" rating in a research report on Thursday, April 18th. Finally, HSBC increased their target price on Exxon Mobil from $111.00 to $120.00 and gave the company a "hold" rating in a research note on Tuesday, April 30th. Eight research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to data from MarketBeat.com, Exxon Mobil has a consensus rating of "Moderate Buy" and an average price target of $134.18.

Exxon Mobil Trading Up 2.0 %

The firm has a market capitalization of $467.01 billion, a P/E ratio of 14.51, a price-to-earnings-growth ratio of 4.03 and a beta of 0.96. The stock's 50-day simple moving average is $115.38 and its two-hundred day simple moving average is $107.02. 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 (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 EPS for the quarter, missing the consensus estimate of $2.19 by ($0.13). The business had revenue of $83.08 billion during the quarter, compared to analysts' expectations of $79.69 billion. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. Exxon Mobil's revenue was down 4.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.83 earnings per share. Equities research analysts expect that Exxon Mobil Co. will post 9.61 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Wednesday, May 15th will be given a dividend of $0.95 per share. 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 3.21%. Exxon Mobil's dividend payout ratio is 46.57%.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,426 shares of the stock in a transaction that occurred 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 completion of the transaction, the vice president now directly owns 25,363 shares in the company, valued at approximately $3,018,450.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 transaction, the vice president now owns 30,189 shares in the company, valued at $3,169,845. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Darrin L. Talley sold 2,426 shares of the company's stock in a transaction on 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 transaction, the vice president now directly owns 25,363 shares in the company, valued at approximately $3,018,450.63. The disclosure for this sale can be found here. Insiders own 0.03% of the company's stock.

Institutional Investors Weigh In On Exxon Mobil

Large investors have recently modified their holdings of the business. Carmel Capital Partners LLC grew its position in shares of Exxon Mobil by 1.0% in the 1st quarter. Carmel Capital Partners LLC now owns 8,796 shares of the oil and gas company's stock worth $1,022,000 after buying an additional 86 shares during the last quarter. PFS Partners LLC increased its position in shares of Exxon Mobil by 0.5% in the 1st quarter. PFS Partners LLC now owns 18,836 shares of the oil and gas company's stock valued at $2,190,000 after acquiring an additional 89 shares during the period. Bay Rivers Group raised its stake in Exxon Mobil by 2.5% in the 1st quarter. Bay Rivers Group now owns 3,747 shares of the oil and gas company's stock worth $436,000 after acquiring an additional 90 shares during the last quarter. Gilbert & Cook Inc. grew its stake in Exxon Mobil by 0.4% during the 1st quarter. Gilbert & Cook Inc. now owns 25,564 shares of the oil and gas company's stock valued at $2,972,000 after purchasing an additional 91 shares during the last quarter. Finally, Lindbrook Capital LLC increased its holdings in shares of Exxon Mobil by 0.8% in the first quarter. Lindbrook Capital LLC now owns 11,205 shares of the oil and gas company's stock valued at $1,302,000 after purchasing an additional 93 shares during the period. Institutional investors 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.

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