Exxon Mobil Co. (NYSE:XOM - Get Free Report)'s stock price traded down 0.3% on Friday . The stock traded as low as $107.50 and last traded at $108.30. 2,134,131 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 15,895,300 shares. The stock had previously closed at $108.63.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on XOM. Mizuho dropped their price target on shares of Exxon Mobil from $131.00 to $129.00 and set a "neutral" rating on the stock in a research report on Thursday, April 3rd. Argus upgraded Exxon Mobil to a "strong-buy" rating in a research note on Tuesday, February 4th. UBS Group dropped their price target on Exxon Mobil from $135.00 to $131.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. HSBC cut their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating for the company in a research note on Friday, January 31st. Finally, Morgan Stanley reduced their price objective on Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating for the company in a report on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $126.50.
Get Our Latest Analysis on XOM
Exxon Mobil Stock Down 0.0 %
The stock has a 50 day moving average price of $109.75 and a 200 day moving average price of $112.13. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $469.77 billion, a P/E ratio of 13.85, a PEG ratio of 3.02 and a beta of 0.61.
Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period last year, the company posted $2.48 earnings per share. On average, research analysts anticipate that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.
Exxon Mobil Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were issued a dividend of $0.99 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.65%. Exxon Mobil's payout ratio is 50.51%.
Insider Transactions at Exxon Mobil
In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the sale, the vice president now directly owns 18,087 shares in the company, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.03% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Exxon Mobil
Institutional investors and hedge funds have recently made changes to their positions in the business. Alta Advisers Ltd lifted its stake in Exxon Mobil by 52.9% in the first quarter. Alta Advisers Ltd now owns 22,558 shares of the oil and gas company's stock valued at $2,683,000 after buying an additional 7,800 shares during the period. Hixon Zuercher LLC boosted its stake in Exxon Mobil by 4.7% during the first quarter. Hixon Zuercher LLC now owns 55,599 shares of the oil and gas company's stock worth $6,612,000 after acquiring an additional 2,493 shares in the last quarter. Cypress Capital LLC increased its stake in Exxon Mobil by 5.2% in the first quarter. Cypress Capital LLC now owns 19,611 shares of the oil and gas company's stock valued at $2,332,000 after purchasing an additional 972 shares in the last quarter. Advisors Management Group Inc. ADV boosted its position in shares of Exxon Mobil by 1.0% during the 1st quarter. Advisors Management Group Inc. ADV now owns 26,633 shares of the oil and gas company's stock worth $3,168,000 after purchasing an additional 252 shares in the last quarter. Finally, CHURCHILL MANAGEMENT Corp raised its stake in Exxon Mobil by 3.1% during the 1st quarter. CHURCHILL MANAGEMENT Corp now owns 143,976 shares of the oil and gas company's stock worth $17,123,000 after buying an additional 4,380 shares during the period. Institutional investors own 61.80% of the company's stock.
About Exxon Mobil
(
Get Free Report)
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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