Exxon Mobil (NYSE:XOM) Trading 3.2% Higher - Still a Buy?

Exxon Mobil Co. (NYSE:XOM - Get Free Report)'s stock price traded up 3.2% on Monday . The company traded as high as $111.73 and last traded at $112.50. 4,956,106 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 14,923,370 shares. The stock had previously closed at $109.02.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. HSBC lowered their price objective on shares of Exxon Mobil from $125.00 to $123.00 and set a "hold" rating on the stock in a research note on Friday, January 31st. Mizuho dropped their price objective on Exxon Mobil from $137.00 to $134.00 and set a "neutral" rating on the stock in a research note on Monday, December 16th. Bernstein Bank upped their price objective on Exxon Mobil from $138.00 to $144.00 and gave the company an "overweight" rating in a report on Friday, January 31st. Royal Bank of Canada reiterated a "sector perform" rating and issued a $115.00 price target on shares of Exxon Mobil in a research report on Monday, February 3rd. Finally, Wells Fargo & Company reduced their price objective on shares of Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating for the company in a research report on Monday, February 3rd. One analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $129.25.

Remove Ads

Exxon Mobil Trading Down 0.7 %

The company has a market cap of $470.13 billion, a PE ratio of 13.82, a PEG ratio of 3.02 and a beta of 0.83. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The company has a 50 day simple moving average of $109.24 and a two-hundred day simple moving average of $113.77.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 EPS 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 quarter in the previous year, the company earned $2.48 EPS. Sell-side analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors 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 dividend yield of 3.65%. Exxon Mobil's dividend payout ratio is 50.51%.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of the business's stock in a transaction that occurred 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 sale, the vice president now owns 18,087 shares of the company's stock, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.03% of the company's stock.

Institutional Trading of Exxon Mobil

Institutional investors have recently added to or reduced their stakes in the business. 10Elms LLP acquired a new stake in shares of Exxon Mobil in the 4th quarter valued at $25,000. Fairway Wealth LLC bought a new stake in shares of Exxon Mobil during the 4th quarter worth about $31,000. Capital A Wealth Management LLC acquired a new position in shares of Exxon Mobil during the 4th quarter valued at about $32,000. Keystone Financial Group Inc. bought a new position in shares of Exxon Mobil in the 4th quarter valued at approximately $36,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in Exxon Mobil in the 4th quarter worth approximately $46,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

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.