Exxon Mobil (NYSE:XOM) Trading 0.3% Higher

Shares of Exxon Mobil Co. (NYSE:XOM - Get Free Report) were up 0.3% during trading on Tuesday . The stock traded as high as $119.45 and last traded at $119.01. 2,430,226 shares changed hands during trading, a decline of 87% from the average daily volume of 18,364,445 shares. The stock had previously closed at $118.67.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on XOM shares. TD Cowen raised their price objective on shares of Exxon Mobil from $128.00 to $135.00 and gave the company a "buy" rating in a research report on Tuesday, April 30th. HSBC boosted their target price on Exxon Mobil from $111.00 to $120.00 and gave the stock a "hold" rating in a research report on Tuesday, April 30th. Wells Fargo & Company raised their price target on Exxon Mobil from $138.00 to $142.00 and gave the company an "overweight" rating in a report on Tuesday, April 30th. UBS Group boosted their price objective on Exxon Mobil from $150.00 to $152.00 and gave the stock a "buy" rating in a report on Tuesday, May 7th. Finally, Truist Financial raised their target price on shares of Exxon Mobil from $140.00 to $146.00 and gave the company a "buy" rating in a research note on Friday, April 5th. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, Exxon Mobil currently has a consensus rating of "Moderate Buy" and an average target price of $135.00.

Exxon Mobil Trading Down 0.7 %

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 firm has a market capitalization of $464.76 billion, a P/E ratio of 14.44, a PEG ratio of 4.17 and a beta of 0.96. The business has a 50 day moving average of $117.48 and a 200-day moving average of $107.71.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.19 by ($0.13). The company had revenue of $83.08 billion for the quarter, compared to the consensus estimate of $79.69 billion. Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The firm's revenue was down 4.0% on a year-over-year basis. During the same period in the prior year, the company earned $2.83 EPS. Analysts anticipate that Exxon Mobil Co. will post 9.57 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th will be issued a $0.95 dividend. The ex-dividend date is Tuesday, May 14th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.22%. Exxon Mobil's dividend payout ratio (DPR) is 46.57%.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,426 shares of Exxon Mobil stock in a transaction that occurred on Monday, April 29th. The stock was 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 approximately $3,018,450.63. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, VP Darrin L. Talley sold 2,426 shares of the firm'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 owns 25,363 shares of the company's stock, valued at $3,018,450.63. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Darrin L. Talley sold 2,400 shares of the business'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 sale, the vice president now directly owns 30,189 shares in the company, valued at $3,169,845. The disclosure for this sale can be found here. 0.03% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. First American Trust FSB boosted its holdings in shares of Exxon Mobil by 6.2% during the third quarter. First American Trust FSB now owns 7,601 shares of the oil and gas company's stock worth $894,000 after acquiring an additional 447 shares during the period. Sterling Manor Financial LLC acquired a new position in Exxon Mobil in the 3rd quarter valued at $221,000. TCI Wealth Advisors Inc. grew its holdings in Exxon Mobil by 5.8% in the 3rd quarter. TCI Wealth Advisors Inc. now owns 57,762 shares of the oil and gas company's stock valued at $6,792,000 after buying an additional 3,165 shares in the last quarter. Teamwork Financial Advisors LLC increased its position in Exxon Mobil by 8.3% during the 3rd quarter. Teamwork Financial Advisors LLC now owns 85,305 shares of the oil and gas company's stock worth $10,030,000 after buying an additional 6,562 shares during the period. Finally, Tranquility Partners LLC acquired a new stake in shares of Exxon Mobil during the third quarter worth $264,000. 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.