Exxon Mobil (NYSE:XOM) Stock Price Down 0.2%

Exxon Mobil Co. (NYSE:XOM - Get Free Report) shares were down 0.2% during trading on Tuesday . The company traded as low as $119.45 and last traded at $120.30. Approximately 3,156,017 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 18,058,580 shares. The stock had previously closed at $120.56.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on XOM shares. UBS Group raised their target price on shares of Exxon Mobil from $133.00 to $150.00 and gave the stock a "buy" rating in a research note on Thursday, April 11th. Wells Fargo & Company raised their target price on shares of Exxon Mobil from $126.00 to $138.00 and gave the stock an "overweight" rating in a research note on Thursday, April 4th. Piper Sandler raised their target price on shares of Exxon Mobil from $130.00 to $145.00 and gave the stock an "overweight" rating in a research note on Thursday, April 18th. Truist Financial raised their target price on shares of Exxon Mobil from $140.00 to $146.00 and gave the stock a "buy" rating in a research note on Friday, April 5th. Finally, Barclays started coverage on shares of Exxon Mobil in a research note on Wednesday, April 10th. They set an "overweight" rating and a $147.00 target price for the company. Eight equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $132.28.

Exxon Mobil Stock Up 0.4 %

The company has a market capitalization of $479.15 billion, a P/E ratio of 13.62, a price-to-earnings-growth ratio of 4.12 and a beta of 0.96. 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 firm's fifty day moving average is $112.29 and its 200-day moving average is $106.41.

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 company had revenue of $84.34 billion for the quarter, compared to analyst estimates of $90.03 billion. Exxon Mobil had a net margin of 10.45% and a return on equity of 18.51%. The firm's revenue was down 11.6% on a year-over-year basis. During the same period in the previous year, the firm posted $3.40 EPS. As a group, equities research analysts predict 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 given a dividend of $0.95 per share. The ex-dividend date was Tuesday, February 13th. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.14%. Exxon Mobil's payout ratio is presently 42.74%.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 2,400 shares of the company'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 filing with the SEC, which is accessible through this link. Corporate insiders own 0.03% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of XOM. Global Retirement Partners LLC grew its stake in shares of Exxon Mobil by 2.3% in the 3rd quarter. Global Retirement Partners LLC now owns 59,870 shares of the oil and gas company's stock worth $6,676,000 after acquiring an additional 1,371 shares in the last quarter. CGN Advisors LLC grew its position in Exxon Mobil by 19.3% during the third quarter. CGN Advisors LLC now owns 6,090 shares of the oil and gas company's stock valued at $716,000 after buying an additional 986 shares during the period. CRA Financial Services LLC grew its position in Exxon Mobil by 2.2% during the third quarter. CRA Financial Services LLC now owns 36,178 shares of the oil and gas company's stock valued at $4,254,000 after buying an additional 791 shares during the period. Financial Management Professionals Inc. grew its position in Exxon Mobil by 28.7% during the third quarter. Financial Management Professionals Inc. now owns 34,590 shares of the oil and gas company's stock valued at $4,067,000 after buying an additional 7,704 shares during the period. Finally, Retirement Guys Formula LLC bought a new position in Exxon Mobil during the third quarter valued at about $1,035,000. 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.