Exxon Mobil Corporation (NYSE:XOM) Receives $130.25 Consensus Target Price from Analysts

Shares of Exxon Mobil Corporation (NYSE:XOMGet Free Report) have received an average recommendation of “Moderate Buy” from the twenty-two analysts that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, ten have given a hold rating, ten have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $131.8421.

A number of analysts have recently issued reports on the stock. BNP Paribas Exane upgraded shares of Exxon Mobil from an “underperform” rating to a “neutral” rating and set a $114.00 price objective on the stock in a research note on Monday, December 8th. Zacks Research lowered shares of Exxon Mobil from a “hold” rating to a “strong sell” rating in a report on Thursday, January 1st. Piper Sandler cut their price objective on shares of Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating on the stock in a report on Thursday, January 8th. Citigroup raised their target price on Exxon Mobil from $115.00 to $118.00 and gave the company a “neutral” rating in a research note on Wednesday, December 10th. Finally, Sanford C. Bernstein dropped their target price on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th.

Get Our Latest Report on Exxon Mobil

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total transaction of $351,570.00. Following the completion of the sale, the vice president owned 28,584 shares of the company’s stock, valued at approximately $3,349,758.96. This trade represents a 9.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.03% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in XOM. Bingham Private Wealth LLC bought a new stake in shares of Exxon Mobil in the 4th quarter worth about $1,423,000. Sunpointe LLC grew its stake in Exxon Mobil by 7.5% in the fourth quarter. Sunpointe LLC now owns 10,609 shares of the oil and gas company’s stock worth $1,277,000 after purchasing an additional 741 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Exxon Mobil by 52.1% in the fourth quarter. Farther Finance Advisors LLC now owns 206,131 shares of the oil and gas company’s stock worth $24,806,000 after purchasing an additional 70,618 shares in the last quarter. G2 Capital Management LLC OH increased its holdings in Exxon Mobil by 6.0% in the fourth quarter. G2 Capital Management LLC OH now owns 3,498 shares of the oil and gas company’s stock valued at $421,000 after buying an additional 199 shares during the last quarter. Finally, Warburton Capital Management LLC raised its stake in Exxon Mobil by 3.5% during the fourth quarter. Warburton Capital Management LLC now owns 4,930 shares of the oil and gas company’s stock valued at $593,000 after buying an additional 169 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil News Roundup

Here are the key news stories impacting Exxon Mobil this week:

Exxon Mobil Trading Up 1.0%

Shares of XOM opened at $134.93 on Friday. Exxon Mobil has a 12 month low of $97.80 and a 12 month high of $135.98. The stock’s 50-day moving average is $120.74 and its two-hundred day moving average is $115.28. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.14 and a quick ratio of 0.79. The stock has a market cap of $569.03 billion, a PE ratio of 19.61, a P/E/G ratio of 8.59 and a beta of 0.37.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its earnings results on Friday, October 31st. The oil and gas company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.72 by $0.16. The business had revenue of $83.33 billion for the quarter, compared to the consensus estimate of $83.09 billion. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%.The company’s revenue was down 5.2% on a year-over-year basis. During the same period last year, the business posted $1.92 EPS. Equities analysts forecast that Exxon Mobil will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th were given a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Friday, November 14th. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s dividend payout ratio is currently 59.88%.

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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