Exxon Mobil (NYSE:XOM) Stock Price Down 0.7% - Should You Sell?

Exxon Mobil Co. (NYSE:XOM - Get Free Report) shares were down 0.7% on Monday . The stock traded as low as $110.04 and last traded at $110.54. Approximately 2,724,746 shares were traded during trading, a decline of 81% from the average daily volume of 14,616,474 shares. The stock had previously closed at $111.33.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. JPMorgan Chase & Co. lowered their price target on Exxon Mobil from $130.00 to $125.00 and set an "overweight" rating on the stock in a report on Monday, December 16th. TD Cowen lowered their target price on Exxon Mobil from $132.00 to $128.00 and set a "buy" rating on the stock in a research note on Monday, December 16th. BMO Capital Markets cut their price target on Exxon Mobil from $130.00 to $123.00 and set a "market perform" rating for the company in a research note on Friday, January 31st. Morgan Stanley lifted their price objective on shares of Exxon Mobil from $139.00 to $140.00 in a research report on Friday, January 31st. Finally, Truist Financial boosted their price objective on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a "hold" rating in a research note on Monday, January 13th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $129.25.

Exxon Mobil Trading Down 1.9 %

The business has a fifty day moving average of $108.98 and a two-hundred day moving average of $113.98. The firm has a market cap of $457.82 billion, a price-to-earnings ratio of 13.46, a PEG ratio of 3.02 and a beta of 0.89. 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 announced its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing analysts' consensus estimates 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 in the previous year, the firm posted $2.48 earnings per share. As a group, equities analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th will be issued a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.75%. The ex-dividend date of this dividend is Wednesday, February 12th. Exxon Mobil's dividend payout ratio (DPR) is presently 50.51%.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,100 shares of the business's stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total value of $231,000.00. Following the completion of the transaction, the vice president now directly owns 18,087 shares of the company's stock, valued at $1,989,570. The trade was a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 0.03% of the company's stock.

Institutional Trading of Exxon Mobil

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in XOM. 10Elms LLP purchased a new stake in shares of Exxon Mobil during the fourth quarter worth about $25,000. Fairway Wealth LLC purchased a new stake in Exxon Mobil in the 4th quarter worth approximately $31,000. Capital A Wealth Management LLC acquired a new position in Exxon Mobil in the 4th quarter valued at $32,000. Keystone Financial Group Inc. purchased a new position in shares of Exxon Mobil during the 4th quarter worth $36,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in shares of Exxon Mobil during the fourth quarter worth $46,000. 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.

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.