Exxon Mobil (NYSE:XOM) Shares Up 0.1%

Shares of Exxon Mobil Co. (NYSE:XOM) shot up 0.1% during trading on Tuesday . The stock traded as high as $115.90 and last traded at $115.06. 2,455,176 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 18,189,174 shares. The stock had previously closed at $114.96.

Wall Street Analyst Weigh In

XOM has been the topic of a number of research analyst reports. UBS Group raised their price target on shares of Exxon Mobil from $152.00 to $154.00 and gave the company a “buy” rating in a research note on Tuesday, June 25th. HSBC raised 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. Truist Financial restated 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. TD Cowen raised their price target on shares of Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a research note on Tuesday, April 30th. Finally, Barclays initiated coverage on shares of Exxon Mobil in a research note on Wednesday, April 10th. They issued an “overweight” rating and a $147.00 price target on the stock. Nine equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $133.82.

Exxon Mobil Stock Down 1.0 %

The firm’s 50 day moving average price is $115.25 and its two-hundred day moving average price is $109.72. The company has a market cap of $448.83 billion, a P/E ratio of 14.10, a price-to-earnings-growth ratio of 4.14 and a beta of 0.91. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.06 and a current ratio of 1.38.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data 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). The company had revenue of $83.08 billion during the quarter, compared to the consensus estimate of $79.69 billion. Exxon Mobil had a net margin of 9.62% and a return on equity of 16.75%. The business’s revenue was down 4.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.83 EPS. Equities research analysts anticipate that Exxon Mobil Co. will post 9.28 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 10th. Stockholders of record on Wednesday, May 15th were paid a $0.95 dividend. The ex-dividend date of this dividend was Tuesday, May 14th. This represents a $3.80 annualized dividend and a dividend yield of 3.34%. Exxon Mobil’s dividend payout ratio is currently 46.57%.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,426 shares of the business’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $119.01, for a total transaction of $288,718.26. Following the completion of the sale, 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 the SEC website. 0.03% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Exxon Mobil

Hedge funds have recently bought and sold shares of the company. FPC Investment Advisory Inc. purchased a new position in Exxon Mobil during the 1st quarter worth $25,000. First Pacific Financial purchased a new position in shares of Exxon Mobil in the 1st quarter worth about $34,000. Partnership Wealth Management LLC purchased a new position in shares of Exxon Mobil in the 4th quarter worth about $46,000. Vima LLC purchased a new position in shares of Exxon Mobil in the 4th quarter worth about $50,000. Finally, ESL Trust Services LLC purchased a new position in shares of Exxon Mobil in the 1st quarter worth about $76,000. 61.80% of the stock is 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.