Exxon Mobil (NYSE:XOM) Trading Down 0.4%

Shares of Exxon Mobil Co. (NYSE:XOM - Get Free Report) fell 0.4% on Tuesday . The stock traded as low as $115.93 and last traded at $116.23. 5,381,701 shares were traded during mid-day trading, a decline of 71% from the average session volume of 18,536,637 shares. The stock had previously closed at $116.75.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on XOM. Truist Financial upped their target price on Exxon Mobil from $140.00 to $146.00 and gave the stock a "buy" rating in a research report on Friday, April 5th. Piper Sandler upped their price target on Exxon Mobil from $130.00 to $145.00 and gave the stock an "overweight" rating in a research note on Thursday, April 18th. Redburn Atlantic upgraded Exxon Mobil from a "neutral" rating to a "buy" rating and upped their price target for the stock from $116.00 to $119.00 in a research note on Tuesday, January 9th. UBS Group upped their price target on Exxon Mobil from $150.00 to $152.00 and gave the stock a "buy" rating in a research note on Tuesday. Finally, TD Cowen upped their price target on Exxon Mobil from $128.00 to $135.00 and gave the stock a "buy" rating in a research note 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. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $134.18.

Exxon Mobil Stock Performance

The firm has a fifty day simple moving average of $115.15 and a 200 day simple moving average of $106.95. 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 has a market cap of $458.26 billion, a price-to-earnings ratio of 14.24, a PEG ratio of 4.03 and a beta of 0.96.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings results 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 firm had revenue of $83.08 billion during the quarter, compared to analyst estimates of $79.69 billion. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The company's revenue was down 4.0% on a year-over-year basis. During the same period last year, the company earned $2.83 EPS. As a group, sell-side analysts expect that Exxon Mobil Co. will post 9.61 earnings per share for the current year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th will be issued a $0.95 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $3.80 annualized dividend and a yield of 3.27%. Exxon Mobil's dividend payout ratio (DPR) 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 value of $288,718.26. Following the completion of the transaction, the vice president now directly 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 is available at this link. 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 value of $288,718.26. Following the completion of the transaction, the vice president now directly 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 is available at this link. Also, VP Darrin L. Talley sold 2,400 shares of the stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total value of $252,000.00. Following the completion of the transaction, the vice president now directly owns 30,189 shares of the company's stock, valued at $3,169,845. The disclosure for this sale can be found here. Insiders own 0.03% of the company's stock.

Hedge Funds Weigh In On Exxon Mobil

Institutional investors have recently bought and sold shares of the business. Root Financial Partners LLC raised its position in 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 purchasing an additional 199 shares during the last quarter. Assenagon Asset Management S.A. raised its position in 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 purchasing an additional 575,649 shares during the last quarter. Qsemble Capital Management LP raised its position in 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 purchasing an additional 1,200 shares during the last quarter. RNC Capital Management LLC raised its position in 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 purchasing an additional 4,585 shares during the last quarter. Finally, Dupree Financial Group LLC bought a new position in Exxon Mobil in the 4th quarter valued at $378,000. Institutional investors own 61.80% of the company's stock.

About Exxon Mobil

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.