Exxon Mobil (NYSE:XOM) Trading Down 0.1% - Should You Sell?

Shares of Exxon Mobil Co. (NYSE:XOM - Get Free Report) fell 0.1% on Thursday . The stock traded as low as $108.00 and last traded at $109.03. 3,403,596 shares traded hands during trading, a decline of 77% from the average session volume of 14,939,344 shares. The stock had previously closed at $109.13.

Analyst Upgrades and Downgrades

XOM has been the subject of a number of research reports. TD Cowen dropped their target price on Exxon Mobil from $132.00 to $128.00 and set a "buy" rating for the company in a report on Monday, December 16th. Morgan Stanley lifted their price objective on shares of Exxon Mobil from $139.00 to $140.00 in a research note on Friday, January 31st. UBS Group decreased their target price on shares of Exxon Mobil from $149.00 to $147.00 and set a "buy" rating on the stock in a research report on Thursday, December 12th. Truist Financial lifted their price target on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a "hold" rating in a research report on Monday, January 13th. Finally, HSBC lowered their price objective on Exxon Mobil from $125.00 to $123.00 and set a "hold" rating on the stock in a research note on Friday, January 31st. 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 assigned a strong buy rating to the company. According to data from MarketBeat, Exxon Mobil has an average rating of "Moderate Buy" and an average price target of $129.25.

Exxon Mobil Stock Performance

The company has a market cap of $469.00 billion, a price-to-earnings ratio of 13.78, a P/E/G 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 fifty day moving average of $109.24 and a two-hundred day moving average of $113.77.

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Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same period in the prior year, the firm earned $2.48 EPS. Equities research analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were given a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 3.66%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil's dividend payout ratio (DPR) is currently 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 that occurred on Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total value of $231,000.00. Following the transaction, the vice president now owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.03% of the stock is owned by company insiders.

Hedge Funds Weigh In On Exxon Mobil

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Principal Financial Group Inc. boosted its stake in Exxon Mobil by 8.4% during the third quarter. Principal Financial Group Inc. now owns 6,709,202 shares of the oil and gas company's stock worth $786,453,000 after acquiring an additional 521,932 shares in the last quarter. United Bank boosted its position in shares of Exxon Mobil by 3.7% during the 3rd quarter. United Bank now owns 17,920 shares of the oil and gas company's stock worth $2,101,000 after purchasing an additional 641 shares in the last quarter. Delta Financial Advisors LLC grew its stake in shares of Exxon Mobil by 4.5% in the 3rd quarter. Delta Financial Advisors LLC now owns 25,877 shares of the oil and gas company's stock valued at $3,033,000 after buying an additional 1,124 shares during the period. Weil Company Inc. increased its position in Exxon Mobil by 3.0% in the 3rd quarter. Weil Company Inc. now owns 6,209 shares of the oil and gas company's stock valued at $728,000 after buying an additional 180 shares in the last quarter. Finally, Bond & Devick Financial Network Inc. raised its stake in Exxon Mobil by 28.4% during the 3rd quarter. Bond & Devick Financial Network Inc. now owns 5,505 shares of the oil and gas company's stock worth $645,000 after buying an additional 1,219 shares during the period. Institutional investors and hedge funds own 61.80% of the company's stock.

About Exxon Mobil

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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