Key Points
- Insider sale: Exxon VP Darrin Talley sold 1,080 shares on March 16 at an average price of $155.50 for $167,940, trimming his holding to 17,124 shares (a 5.93% reduction) as disclosed in an SEC filing.
- Stock and analyst context: XOM opened at $158.86—near its 52‑week high of $160.45—with a $661.9B market cap, while analysts collectively rate the stock a "Hold" with an average target of $148.35 despite recent upgrades boosting momentum.
- Dividend: Exxon paid a $1.03 quarterly dividend on March 10 (annualized $4.12), yielding about 2.6% with a payout ratio near 61.6%.
Exxon Mobil Corporation (NYSE:XOM - Get Free Report) VP Darrin Talley sold 1,080 shares of the business's stock in a transaction on Monday, March 16th. The stock was sold at an average price of $155.50, for a total transaction of $167,940.00. Following the completion of the sale, the vice president owned 17,124 shares of the company's stock, valued at $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Exxon Mobil Stock Performance
NYSE:XOM opened at $158.86 on Wednesday. The firm has a market capitalization of $661.92 billion, a PE ratio of 23.75, a PEG ratio of 1.23 and a beta of 0.35. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $160.45. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The firm's fifty day simple moving average is $143.38 and its 200 day simple moving average is $125.38.
Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.08. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The business had revenue of $80.04 billion during the quarter, compared to analysts' expectations of $77.98 billion. During the same quarter in the previous year, the firm earned $1.67 EPS. The firm's revenue was down 1.3% compared to the same quarter last year. On average, sell-side analysts anticipate that Exxon Mobil Corporation 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 Tuesday, March 10th. Shareholders of record on Thursday, February 12th were paid a dividend of $1.03 per share. The ex-dividend date was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a yield of 2.6%. Exxon Mobil's payout ratio is currently 61.58%.
Wall Street Analyst Weigh In
A number of research firms have recently commented on XOM. Zacks Research raised shares of Exxon Mobil from a "strong sell" rating to a "hold" rating in a report on Friday, January 30th. Jefferies Financial Group raised their price target on shares of Exxon Mobil from $146.00 to $148.00 and gave the stock a "buy" rating in a research note on Wednesday, December 10th. Loop Capital set a $123.00 price objective on Exxon Mobil in a research note on Tuesday, February 3rd. TD Cowen increased their target price on Exxon Mobil from $135.00 to $145.00 and gave the stock a "buy" rating in a report on Tuesday, February 3rd. Finally, Scotiabank restated an "outperform" rating on shares of Exxon Mobil in a research report on Friday, January 16th. Nine equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Exxon Mobil presently has an average rating of "Hold" and an average target price of $148.35.
Check Out Our Latest Stock Report on Exxon Mobil
Hedge Funds Weigh In On Exxon Mobil
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cornerstone Planning LLC bought a new stake in Exxon Mobil during the fourth quarter worth about $3,371,000. Rockefeller Capital Management L.P. raised its stake in shares of Exxon Mobil by 2.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,923,940 shares of the oil and gas company's stock valued at $231,527,000 after acquiring an additional 43,460 shares during the last quarter. Bank of New Hampshire raised its stake in shares of Exxon Mobil by 1.0% in the fourth quarter. Bank of New Hampshire now owns 34,998 shares of the oil and gas company's stock valued at $4,212,000 after acquiring an additional 330 shares during the last quarter. Osbon Capital Management LLC acquired a new position in shares of Exxon Mobil in the 4th quarter worth approximately $115,000. Finally, Lane Brothers & Co. Inc. acquired a new position in shares of Exxon Mobil in the 4th quarter worth approximately $324,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.
More Exxon Mobil News
Here are the key news stories impacting Exxon Mobil this week:
About Exxon Mobil
(
Get Free Report)
Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.
ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.
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