Exxon Mobil (NYSE:XOM) Shares Down 0.1%

Shares of Exxon Mobil Co. (NYSE:XOM) were down 0.1% on Monday . The company traded as low as $119.05 and last traded at $119.54. Approximately 2,238,791 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 18,431,926 shares. The stock had previously closed at $119.64.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on XOM shares. TD Cowen increased their target price on Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research note on Tuesday, April 30th. Royal Bank of Canada reissued a “sector perform” rating and set a $120.00 price target on shares of Exxon Mobil in a research report on Monday, February 5th. Wells Fargo & Company increased their price target on Exxon Mobil from $138.00 to $142.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 30th. UBS Group increased their price target on Exxon Mobil from $150.00 to $152.00 and gave the stock a “buy” rating in a research report on Tuesday, May 7th. Finally, Mizuho increased their price target on Exxon Mobil from $125.00 to $128.00 and gave the stock a “neutral” rating in a research report on Monday, May 13th. Eight investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, Exxon Mobil presently has a consensus rating of “Moderate Buy” and an average price target of $135.00.

Exxon Mobil Stock Performance

The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06. The firm has a market cap of $461.21 billion, a price-to-earnings ratio of 14.44, a P/E/G ratio of 4.13 and a beta of 0.96. The firm has a fifty day simple moving average of $117.48 and a two-hundred day simple moving average of $107.71.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, April 26th. The oil and gas company reported $2.06 earnings per share (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 firm had revenue of $83.08 billion during the quarter, compared to analysts’ expectations of $79.69 billion. During the same quarter in the previous year, the business 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, analysts expect that Exxon Mobil Co. will post 9.57 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Wednesday, May 15th will be given a dividend of $0.95 per share. This represents a $3.80 annualized dividend and a yield of 3.25%. The ex-dividend date of this dividend is Tuesday, May 14th. Exxon Mobil’s dividend payout ratio is currently 46.57%.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,400 shares of Exxon Mobil stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $105.00, for a total transaction of $252,000.00. Following the completion of the transaction, the vice president now directly owns 30,189 shares in the company, valued at $3,169,845. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, VP Darrin L. Talley sold 2,426 shares of the business’s 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 completion of the sale, the vice president now directly 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 can be accessed through this link. Also, VP Darrin L. Talley sold 2,400 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total value of $252,000.00. Following the completion of the sale, the vice president now owns 30,189 shares of the company’s stock, valued at $3,169,845. The disclosure for this sale can be found here. 0.03% of the stock is owned by company insiders.

Institutional Trading of Exxon Mobil

Institutional investors and hedge funds have recently made changes to their positions in the business. Guardian Wealth Management Inc. boosted its stake in Exxon Mobil by 79.0% during the third quarter. Guardian Wealth Management Inc. now owns 1,040 shares of the oil and gas company’s stock worth $122,000 after buying an additional 459 shares during the last quarter. Money Concepts Capital Corp boosted its stake in Exxon Mobil by 3.1% during the third quarter. Money Concepts Capital Corp now owns 3,119 shares of the oil and gas company’s stock worth $367,000 after buying an additional 95 shares during the last quarter. Mizuho Securities Co. Ltd. boosted its stake in Exxon Mobil by 1,873.3% during the third quarter. Mizuho Securities Co. Ltd. now owns 2,960 shares of the oil and gas company’s stock worth $348,000 after buying an additional 2,810 shares during the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new position in Exxon Mobil during the third quarter worth $694,000. Finally, 180 Wealth Advisors LLC boosted its stake in Exxon Mobil by 1.1% during the third quarter. 180 Wealth Advisors LLC now owns 50,905 shares of the oil and gas company’s stock worth $5,985,000 after buying an additional 533 shares during the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil Company Profile

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.