Exxon Mobil Co. (NYSE:XOM - Get Free Report)'s share price rose 0.6% during trading on Thursday . The company traded as high as $108.23 and last traded at $108.01. Approximately 2,098,303 shares were traded during trading, a decline of 87% from the average daily volume of 15,903,665 shares. The stock had previously closed at $107.37.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on XOM. Bernstein Bank raised their target price on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an "overweight" rating in a report on Friday, January 31st. Wells Fargo & Company reduced their price objective on shares of Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating on the stock in a report on Monday, February 3rd. HSBC lowered 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. Truist Financial lifted their price target on Exxon Mobil from $117.00 to $119.00 and gave the stock a "hold" rating in a report on Monday, January 13th. Finally, Royal Bank of Canada reiterated a "sector perform" rating and issued a $115.00 price objective on shares of Exxon Mobil in a report on Monday, February 3rd. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $126.50.
View Our Latest Report on XOM
Exxon Mobil Stock Down 0.0 %
The firm has a market capitalization of $469.77 billion, a PE ratio of 13.85, a PEG ratio of 3.02 and a beta of 0.61. The business's fifty day moving average price is $109.75 and its 200 day moving average price is $112.20. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.
Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data 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 period in the previous year, the company earned $2.48 EPS. On average, equities research analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.
Exxon Mobil Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Wednesday, February 12th were given a $0.99 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a yield of 3.65%. Exxon Mobil's dividend payout ratio (DPR) is 50.51%.
Insider Buying and Selling at Exxon Mobil
In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil 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 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.03% of the stock is currently owned by corporate insiders.
Institutional Trading of Exxon Mobil
Institutional investors have recently modified their holdings of the business. 10Elms LLP purchased a new position in shares of Exxon Mobil in the 4th quarter valued at about $25,000. Fairway Wealth LLC purchased a new position in Exxon Mobil in the fourth quarter valued at about $31,000. Capital A Wealth Management LLC acquired a new stake in shares of Exxon Mobil during the 4th quarter valued at approximately $32,000. Keystone Financial Group Inc. acquired a new stake in shares of Exxon Mobil during the 4th quarter valued at approximately $36,000. Finally, Retirement Wealth Solutions LLC purchased a new stake in shares of Exxon Mobil during the 4th quarter worth approximately $46,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.
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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