Exxon Mobil Co. (NYSE:XOM - Get Free Report)'s stock price traded down 0.4% on Friday . The stock traded as low as $112.63 and last traded at $112.78. 2,246,006 shares traded hands during trading, a decline of 87% from the average session volume of 17,841,543 shares. The stock had previously closed at $113.25.
Analysts Set New Price Targets
Several analysts have recently weighed in on the company. Scotiabank boosted their price target on Exxon Mobil from $114.00 to $129.00 and gave the stock a "sector perform" rating in a report on Thursday, April 11th. Wells Fargo & Company boosted their price target on Exxon Mobil from $138.00 to $142.00 and gave the stock an "overweight" rating in a report on Tuesday, April 30th. Piper Sandler boosted their price target on Exxon Mobil from $130.00 to $145.00 and gave the stock an "overweight" rating in a report on Thursday, April 18th. TD Cowen upped their target price on Exxon Mobil from $128.00 to $135.00 and gave the company a "buy" rating in a report on Tuesday, April 30th. Finally, UBS Group upped their target price on Exxon Mobil from $152.00 to $154.00 and gave the company a "buy" rating in a report on Tuesday, June 25th. Eight research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $134.41.
Check Out Our Latest Stock Report on XOM
Exxon Mobil Price Performance
The company has a quick ratio of 1.06, a current ratio of 1.38 and a debt-to-equity ratio of 0.15. The business has a 50-day moving average price of $114.22 and a two-hundred day moving average price of $110.34. The company has a market capitalization of $446.62 billion, a price-to-earnings ratio of 13.82, a price-to-earnings-growth ratio of 4.14 and a beta of 0.91.
Exxon Mobil (NYSE:XOM - Get Free Report) last released its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 EPS for the quarter, missing analysts' consensus estimates of $2.19 by ($0.13). The company had revenue of $83.08 billion during the quarter, compared to analysts' expectations of $79.69 billion. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The company's quarterly revenue was down 4.0% compared to the same quarter last year. During the same period in the previous year, the company posted $2.83 earnings per share. As a group, research analysts anticipate that Exxon Mobil Co. will post 9.02 EPS for the current year.
Exxon Mobil Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, June 10th. Investors of record on Wednesday, May 15th were given a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a yield of 3.35%. The ex-dividend date was Tuesday, May 14th. Exxon Mobil's payout ratio is currently 46.57%.
Insider Activity at Exxon Mobil
In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the company's stock in a transaction on Monday, April 29th. The stock was sold at an average price of $119.01, for a total value of $288,718.26. Following the completion of the transaction, the vice president now owns 25,363 shares in the company, valued at approximately $3,018,450.63. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.03% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of XOM. FPC Investment Advisory Inc. bought a new position in shares of Exxon Mobil during the 1st quarter worth $25,000. First Pacific Financial bought a new position in shares of Exxon Mobil during the 1st quarter worth $34,000. Partnership Wealth Management LLC bought a new position in shares of Exxon Mobil during the 4th quarter worth $46,000. Lynx Investment Advisory bought a new position in shares of Exxon Mobil during the 2nd quarter worth $47,000. Finally, Vima LLC bought a new position in shares of Exxon Mobil during the 4th quarter worth $50,000. Institutional investors own 61.80% of the company's stock.
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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