Exxon Mobil Corporation (NYSE:XOM) insider James M. Spellings, Jr. sold 9,379 shares of the firm’s stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $83.37, for a total value of $781,927.23. Following the completion of the transaction, the insider now directly owns 220,000 shares of the company’s stock, valued at $18,341,400. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Exxon Mobil Corporation (NYSE XOM) traded up $0.11 during trading hours on Friday, reaching $82.66. The company had a trading volume of 10,959,200 shares, compared to its average volume of 10,969,678. The company has a market capitalization of $348,629.06, a price-to-earnings ratio of 23.11, a price-to-earnings-growth ratio of 1.72 and a beta of 0.83. Exxon Mobil Corporation has a 12 month low of $76.05 and a 12 month high of $93.22. The company has a quick ratio of 0.54, a current ratio of 0.85 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, October 27th. The oil and gas company reported $0.93 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.89 by $0.04. The company had revenue of $66.17 billion during the quarter, compared to analyst estimates of $63.51 billion. Exxon Mobil had a return on equity of 8.21% and a net margin of 5.14%. During the same quarter last year, the company earned $0.63 earnings per share. equities analysts predict that Exxon Mobil Corporation will post 3.65 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Monday, November 13th will be paid a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a yield of 3.73%. The ex-dividend date of this dividend is Friday, November 10th. Exxon Mobil’s dividend payout ratio is 100.33%.

A number of research firms have recently commented on XOM. Vetr raised Exxon Mobil from a “buy” rating to a “strong-buy” rating and set a $92.50 price target for the company in a report on Thursday. UBS set a $83.00 price target on Exxon Mobil and gave the stock a “neutral” rating in a report on Monday. BNP Paribas set a $70.00 price target on Exxon Mobil and gave the stock a “sell” rating in a report on Monday, September 25th. Morgan Stanley set a $85.00 price target on Exxon Mobil and gave the stock a “sell” rating in a report on Tuesday, October 17th. Finally, Cowen reaffirmed a “buy” rating and issued a $100.00 price target on shares of Exxon Mobil in a report on Tuesday, September 19th. Six equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. Exxon Mobil currently has an average rating of “Hold” and a consensus price target of $86.14.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CWH Capital Management Inc. purchased a new stake in Exxon Mobil during the second quarter valued at about $114,000. Horan Securities Inc. increased its holdings in shares of Exxon Mobil by 20.8% in the second quarter. Horan Securities Inc. now owns 1,511 shares of the oil and gas company’s stock worth $122,000 after buying an additional 260 shares during the period. Litman Gregory Asset Management LLC purchased a new position in shares of Exxon Mobil in the third quarter worth about $131,000. Watermark Asset Management Inc. purchased a new position in shares of Exxon Mobil in the first quarter worth about $136,000. Finally, Acrospire Investment Management LLC increased its holdings in shares of Exxon Mobil by 172.7% in the second quarter. Acrospire Investment Management LLC now owns 1,737 shares of the oil and gas company’s stock worth $140,000 after buying an additional 1,100 shares during the period. Institutional investors and hedge funds own 51.18% of the company’s stock.

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About Exxon Mobil

Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.

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