Exxon Mobil (NYSE:XOM) Trading Down 0.3%

Exxon Mobil Co. (NYSE:XOM - Get Free Report) traded down 0.3% during trading on Monday . The stock traded as low as $117.57 and last traded at $117.59. 3,881,621 shares traded hands during trading, a decline of 79% from the average session volume of 18,586,287 shares. The stock had previously closed at $117.96.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on XOM shares. TD Cowen boosted their target price on Exxon Mobil from $128.00 to $135.00 and gave the stock a "buy" rating in a research note on Tuesday, April 30th. Scotiabank lifted their price target on Exxon Mobil from $114.00 to $129.00 and gave the company a "sector perform" rating in a research note on Thursday, April 11th. Piper Sandler boosted their price objective on shares of Exxon Mobil from $130.00 to $145.00 and gave the stock an "overweight" rating in a research report on Thursday, April 18th. HSBC boosted their target price on shares of Exxon Mobil from $111.00 to $120.00 and gave the company a "hold" rating in a research note on Tuesday, April 30th. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $120.00 price target on shares of Exxon Mobil in a report on Monday, February 5th. Eight analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $134.35.

Exxon Mobil Trading Down 0.1 %

The firm has a market capitalization of $464.84 billion, a PE ratio of 14.38, a price-to-earnings-growth ratio of 4.11 and a beta of 0.96. The company has a fifty day moving average of $115.90 and a 200-day moving average of $107.14. 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 released its quarterly earnings results 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). Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The company had revenue of $83.08 billion for the quarter, compared to the consensus estimate of $79.69 billion. During the same quarter last year, the company posted $2.83 EPS. The business's revenue was down 4.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Exxon Mobil Co. will post 9.57 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm 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. This represents a $3.80 annualized dividend and a yield of 3.22%. The ex-dividend date is Tuesday, May 14th. Exxon Mobil's dividend payout ratio (DPR) is presently 46.57%.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 2,426 shares of the stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the sale, the vice president now owns 25,363 shares in the company, valued at approximately $3,018,450.63. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the business's stock in a transaction dated 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 sale, 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Darrin L. Talley sold 2,400 shares of the stock in a transaction on Thursday, February 22nd. The shares were 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 in the company, valued at approximately $3,169,845. The disclosure for this sale can be found here. Company insiders own 0.03% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. FPC Investment Advisory Inc. bought a new stake in shares of Exxon Mobil during the first quarter worth approximately $25,000. First Pacific Financial bought a new position in Exxon Mobil during the 1st quarter worth $34,000. Partnership Wealth Management LLC acquired a new stake in shares of Exxon Mobil during the fourth quarter worth $46,000. Vima LLC acquired a new position in shares of Exxon Mobil in the fourth quarter valued at about $50,000. Finally, ESL Trust Services LLC bought a new position in Exxon Mobil during the first quarter worth about $76,000. Institutional investors and hedge funds 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.