Exxon Mobil Co. (NYSE:XOM - Get Free Report) VP Darrin L. Talley sold 2,426 shares of Exxon Mobil stock in a transaction that occurred 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 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 document filed with the Securities & Exchange Commission, which is accessible through this link.
Exxon Mobil Trading Down 1.2 %
Shares of NYSE XOM opened at $118.22 on Wednesday. Exxon Mobil Co. has a twelve month low of $95.77 and a twelve month high of $123.75. The stock has a market capitalization of $467.95 billion, a PE ratio of 14.49, a PEG ratio of 4.05 and a beta of 0.96. The company has a current ratio of 1.38, a quick ratio of 1.06 and a debt-to-equity ratio of 0.15. The stock has a fifty day simple moving average of $113.96 and a 200-day simple moving average of $106.79.
Exxon Mobil (NYSE:XOM - Get Free Report) last released its earnings results on Friday, April 26th. The oil and gas company reported $2.06 EPS 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 previous year, the firm earned $2.83 earnings per share. The company's revenue for the quarter was down 4.0% compared to the same quarter last year. On average, equities analysts forecast that Exxon Mobil Co. will post 9.7 earnings per share for the current year.
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The business also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Wednesday, May 15th will be paid a dividend of $0.95 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $3.80 annualized dividend and a yield of 3.21%. Exxon Mobil's payout ratio is 46.57%.
Analyst Ratings Changes
A number of brokerages recently commented on XOM. Redburn Atlantic upgraded Exxon Mobil from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $116.00 to $119.00 in a research report on Tuesday, January 9th. TD Cowen lifted their target price on Exxon Mobil from $128.00 to $135.00 and gave the company a "buy" rating in a research report on Tuesday. Truist Financial lifted their target price on Exxon Mobil from $140.00 to $146.00 and gave the company a "buy" rating in a research report on Friday, April 5th. Scotiabank lifted their target price on Exxon Mobil from $114.00 to $129.00 and gave the company a "sector perform" rating in a research report on Thursday, April 11th. Finally, UBS Group lifted their target price on Exxon Mobil from $133.00 to $150.00 and gave the company a "buy" rating in a research report on Thursday, April 11th. Nine analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $133.56.
View Our Latest Stock Report on XOM
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Root Financial Partners LLC boosted its position in shares of Exxon Mobil by 10.7% during the 4th quarter. Root Financial Partners LLC now owns 2,054 shares of the oil and gas company's stock worth $205,000 after acquiring an additional 199 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in shares of Exxon Mobil by 83.0% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,269,030 shares of the oil and gas company's stock worth $149,213,000 after acquiring an additional 575,649 shares in the last quarter. Qsemble Capital Management LP boosted its position in shares of Exxon Mobil by 34.3% during the 3rd quarter. Qsemble Capital Management LP now owns 4,700 shares of the oil and gas company's stock worth $553,000 after acquiring an additional 1,200 shares in the last quarter. RNC Capital Management LLC boosted its position in shares of Exxon Mobil by 5.5% during the 4th quarter. RNC Capital Management LLC now owns 87,926 shares of the oil and gas company's stock worth $8,791,000 after acquiring an additional 4,585 shares in the last quarter. Finally, Dupree Financial Group LLC acquired a new position in shares of Exxon Mobil during the 4th quarter worth about $378,000. 61.80% of the stock is owned by institutional investors and hedge funds.
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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