Shares of Exxon Mobil Co. (NYSE:XOM - Get Free Report) shot up 1.1% during trading on Monday . The stock traded as high as $116.68 and last traded at $116.83. 3,061,932 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 14,919,174 shares. The stock had previously closed at $115.50.
Analysts Set New Price Targets
XOM has been the topic of several analyst reports. UBS Group lowered their price target on shares of Exxon Mobil from $149.00 to $147.00 and set a "buy" rating on the stock in a report on Thursday, December 12th. Truist Financial upped their price objective on Exxon Mobil from $117.00 to $119.00 and gave the company a "hold" rating in a research note on Monday, January 13th. HSBC dropped their price objective on Exxon Mobil from $125.00 to $123.00 and set a "hold" rating for the company in a research note on Friday, January 31st. JPMorgan Chase & Co. dropped their price target on Exxon Mobil from $130.00 to $125.00 and set an "overweight" rating for the company in a report on Monday, December 16th. Finally, The Goldman Sachs Group lowered their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a "neutral" rating for the company in a research report on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $129.15.
Check Out Our Latest Stock Report on XOM
Exxon Mobil Price Performance
The company has a market capitalization of $505.99 billion, a price-to-earnings ratio of 14.87, a price-to-earnings-growth ratio of 3.02 and a beta of 0.83. The company has a 50-day moving average price of $110.36 and a 200-day moving average price of $113.61. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31.
Exxon Mobil (NYSE:XOM - Get Free Report) last issued its earnings results on Friday, January 31st. The oil and gas company reported $1.67 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 quarter in the prior year, the company posted $2.48 earnings per share. On average, equities research analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current fiscal year.
Exxon Mobil Announces Dividend
The firm also recently announced 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 was Wednesday, February 12th. This represents a $3.96 annualized dividend and a yield of 3.40%. Exxon Mobil's dividend payout ratio is presently 50.51%.
Insider Buying and Selling at Exxon Mobil
In other news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil 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 transaction, the vice president now owns 18,087 shares in the company, valued at $1,989,570. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.03% of the company's stock.
Institutional Trading of Exxon Mobil
Hedge funds have recently bought and sold shares of the stock. 10Elms LLP bought a new stake in Exxon Mobil in the 4th quarter valued at $25,000. Fairway Wealth LLC bought a new stake in shares of Exxon Mobil in the fourth quarter valued at about $31,000. Capital A Wealth Management LLC acquired a new position in shares of Exxon Mobil during the fourth quarter worth about $32,000. Keystone Financial Group Inc. bought a new position in shares of Exxon Mobil during the fourth quarter worth about $36,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in Exxon Mobil in the 4th quarter valued at approximately $46,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.
Exxon Mobil Company Profile
(
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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