Exxon Mobil (NYSE:XOM) Trading Down 0.3%

Exxon Mobil Co. (NYSE:XOM - Get Free Report) was down 0.3% during mid-day trading on Wednesday . The company traded as low as $116.08 and last traded at $117.29. Approximately 5,302,318 shares were traded during trading, a decline of 71% from the average daily volume of 18,527,672 shares. The stock had previously closed at $117.67.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on XOM shares. Truist Financial lifted their target price on Exxon Mobil from $140.00 to $146.00 and gave the stock a "buy" rating in a report on Friday, April 5th. HSBC boosted their target price on Exxon Mobil from $111.00 to $120.00 and gave the stock a "hold" rating in a research note on Tuesday, April 30th. Barclays initiated coverage on Exxon Mobil in a report on Wednesday, April 10th. They set an "overweight" rating and a $147.00 price target on the stock. Wells Fargo & Company boosted their price target on Exxon Mobil from $138.00 to $142.00 and gave the company an "overweight" rating in a research note on Tuesday, April 30th. Finally, UBS Group raised their price objective on shares of Exxon Mobil from $150.00 to $152.00 and gave the company a "buy" rating in a research note on Tuesday, May 7th. Eight equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $135.00.

Exxon Mobil Stock Up 0.8 %

The stock has a fifty day simple moving average of $116.42 and a two-hundred day simple moving average of $107.29. The firm has a market cap of $467.70 billion, a PE ratio of 14.37, a price-to-earnings-growth ratio of 4.11 and a beta of 0.96. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing analysts' consensus estimates of $2.19 by ($0.13). The firm 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 business's revenue was down 4.0% on a year-over-year basis. During the same period last year, the company posted $2.83 EPS. As a group, sell-side analysts expect that Exxon Mobil Co. will post 9.57 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Wednesday, May 15th will be given a $0.95 dividend. This represents a $3.80 annualized dividend and a dividend yield of 3.20%. The ex-dividend date of this dividend is Tuesday, May 14th. Exxon Mobil's dividend payout ratio (DPR) is 46.57%.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,400 shares of the firm'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 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 the SEC website. In other Exxon Mobil news, VP Darrin L. Talley sold 2,400 shares of Exxon Mobil stock in a transaction that occurred 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 directly owns 30,189 shares of the company's stock, valued at $3,169,845. The transaction was disclosed in a legal filing 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 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 disclosure for this sale can be found here. 0.03% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Exxon Mobil

Several institutional investors have recently added to or reduced their stakes in the company. Mount Yale Investment Advisors LLC raised its position in shares of Exxon Mobil by 3.1% in the 1st quarter. Mount Yale Investment Advisors LLC now owns 53,972 shares of the oil and gas company's stock worth $6,274,000 after acquiring an additional 1,641 shares in the last quarter. Evergreen Wealth Solutions LLC boosted its holdings in shares of Exxon Mobil by 25.7% during the 1st quarter. Evergreen Wealth Solutions LLC now owns 4,198 shares of the oil and gas company's stock valued at $488,000 after buying an additional 858 shares in the last quarter. Beaird Harris Wealth Management LLC grew its position in shares of Exxon Mobil by 7.2% in the 1st quarter. Beaird Harris Wealth Management LLC now owns 8,845 shares of the oil and gas company's stock worth $1,028,000 after buying an additional 596 shares during the period. Blue Edge Capital LLC increased its stake in shares of Exxon Mobil by 5.3% during the first quarter. Blue Edge Capital LLC now owns 41,427 shares of the oil and gas company's stock valued at $4,815,000 after purchasing an additional 2,084 shares in the last quarter. Finally, Energy Income Partners LLC increased its position in Exxon Mobil by 50.8% during the 1st quarter. Energy Income Partners LLC now owns 422,850 shares of the oil and gas company's stock valued at $49,152,000 after buying an additional 142,521 shares in the last quarter. Hedge funds and other 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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