Exxon Mobil Co. (NYSE:XOM - Get Free Report)'s share price was up 1.8% during trading on Thursday . The stock traded as high as $111.54 and last traded at $111.32. Approximately 3,338,669 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 17,978,496 shares. The stock had previously closed at $109.38.
Wall Street Analyst Weigh In
Several equities analysts have commented on XOM shares. Truist Financial reiterated a "hold" rating and issued a $124.00 price target (down from $146.00) on shares of Exxon Mobil in a research note on Friday, June 7th. HSBC increased their price target on shares of Exxon Mobil from $111.00 to $120.00 and gave the company a "hold" rating in a research note on Tuesday, April 30th. UBS Group increased their price target on shares of Exxon Mobil from $150.00 to $152.00 and gave the company a "buy" rating in a research note on Tuesday, May 7th. Barclays assumed coverage on Exxon Mobil in a report on Wednesday, April 10th. They issued an "overweight" rating and a $147.00 price objective for the company. Finally, Morgan Stanley reissued an "overweight" rating and issued a $145.00 price objective on shares of Exxon Mobil in a report on Wednesday, May 15th. Nine analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, Exxon Mobil presently has a consensus rating of "Moderate Buy" and an average target price of $133.71.
View Our Latest Stock Analysis on XOM
Exxon Mobil Trading Up 2.2 %
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 company has a fifty day moving average of $115.89 and a two-hundred day moving average of $108.98. The stock has a market capitalization of $440.63 billion, a price-to-earnings ratio of 13.69, a P/E/G ratio of 3.90 and a beta of 0.92.
Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing the consensus estimate of $2.19 by ($0.13). Exxon Mobil had a return on equity of 16.75% and a net margin of 9.62%. The company had revenue of $83.08 billion for the quarter, compared to analyst estimates of $79.69 billion. During the same period in the prior year, the business earned $2.83 earnings per share. Exxon Mobil's revenue for the quarter was down 4.0% compared to the same quarter last year. On average, research analysts expect that Exxon Mobil Co. will post 9.36 EPS for the current year.
Exxon Mobil Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Wednesday, May 15th were given a $0.95 dividend. This represents a $3.80 annualized dividend and a yield of 3.40%. The ex-dividend date was Tuesday, May 14th. Exxon Mobil's payout ratio is 46.57%.
Insiders Place Their Bets
In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the 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 $3,018,450.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.03% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the business. NBW Capital LLC purchased a new position in Exxon Mobil in the first quarter worth $200,000. Keynote Financial Services LLC purchased a new position in shares of Exxon Mobil in the first quarter valued at $1,337,000. Mosaic Family Wealth Partners LLC increased its position in shares of Exxon Mobil by 34.9% in the first quarter. Mosaic Family Wealth Partners LLC now owns 4,549 shares of the oil and gas company's stock valued at $529,000 after buying an additional 1,178 shares in the last quarter. Jackson Wealth Management LLC increased its position in shares of Exxon Mobil by 45.4% in the first quarter. Jackson Wealth Management LLC now owns 37,969 shares of the oil and gas company's stock valued at $4,414,000 after buying an additional 11,849 shares in the last quarter. Finally, American Trust increased its position in shares of Exxon Mobil by 2.6% in the first quarter. American Trust now owns 6,400 shares of the oil and gas company's stock valued at $744,000 after buying an additional 161 shares in the last quarter. Hedge funds and other 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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