Exxon Mobil (NYSE:XOM) Stock Price Down 0.2%

Exxon Mobil Co. (NYSE:XOM)’s share price fell 0.2% during trading on Monday . The stock traded as low as $114.86 and last traded at $114.89. 2,693,296 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 18,240,811 shares. The stock had previously closed at $115.12.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Morgan Stanley reiterated an “overweight” rating and set a $145.00 target price on shares of Exxon Mobil in a research report on Wednesday, May 15th. Scotiabank boosted their price objective on shares of Exxon Mobil from $114.00 to $129.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 11th. UBS Group raised their target price on Exxon Mobil from $152.00 to $154.00 and gave the stock a “buy” rating in a research report on Tuesday, June 25th. Mizuho upped their price target on Exxon Mobil from $125.00 to $128.00 and gave the company a “neutral” rating in a research report on Monday, May 13th. Finally, TD Cowen raised their price objective on Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. Nine investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $133.82.

Exxon Mobil Stock Up 0.3 %

The stock has a market cap of $455.30 billion, a price-to-earnings ratio of 14.08, a price-to-earnings-growth ratio of 4.14 and a beta of 0.91. The firm’s fifty day moving average price is $115.25 and its two-hundred day moving average price is $109.72. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.38 and a quick ratio of 1.06.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, April 26th. The oil and gas company reported $2.06 earnings per share for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $79.69 billion. During the same period last year, the company posted $2.83 earnings per share. The firm’s quarterly revenue was down 4.0% compared to the same quarter last year. Sell-side analysts forecast that Exxon Mobil Co. will post 9.28 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 10th. Investors of record on Wednesday, May 15th were issued a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date of this dividend was Tuesday, May 14th. Exxon Mobil’s dividend payout ratio is currently 46.57%.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,426 shares of the company’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $119.01, for a total value of $288,718.26. Following the sale, the vice president now owns 25,363 shares in the company, valued at approximately $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 Trading of Exxon Mobil

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. FPC Investment Advisory Inc. bought a new stake in Exxon Mobil during the first quarter worth $25,000. First Pacific Financial bought a new stake in shares of Exxon Mobil in the 1st quarter worth $34,000. Partnership Wealth Management LLC purchased a new stake in shares of Exxon Mobil in the fourth quarter valued at about $46,000. Vima LLC bought a new position in shares of Exxon Mobil during the fourth quarter valued at about $50,000. Finally, ESL Trust Services LLC bought a new stake in Exxon Mobil in the 1st quarter worth about $76,000. 61.80% of the stock is owned by institutional investors.

About Exxon Mobil

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.