Exxon Mobil Corporation (NYSE:XOM) Receives Average Recommendation of “Hold” from Analysts

Shares of Exxon Mobil Corporation (NYSE:XOMGet Free Report) have earned an average rating of “Hold” from the nineteen ratings firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation, eight have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have covered the stock in the last year is $152.3889.

A number of equities analysts recently commented on the company. UBS Group restated a “buy” rating and set a $171.00 target price on shares of Exxon Mobil in a report on Monday, February 2nd. HSBC raised their target price on Exxon Mobil from $135.00 to $158.00 and gave the company a “hold” rating in a report on Friday, March 20th. Mizuho raised their target price on Exxon Mobil from $140.00 to $162.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. Bank of America raised their target price on Exxon Mobil from $135.00 to $151.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. Finally, TD Cowen raised their target price on Exxon Mobil from $135.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, February 3rd.

Check Out Our Latest Research Report on Exxon Mobil

Exxon Mobil Stock Performance

NYSE XOM opened at $163.39 on Friday. The stock has a market cap of $680.82 billion, a PE ratio of 24.42, a P/E/G ratio of 1.11 and a beta of 0.29. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. Exxon Mobil has a twelve month low of $97.80 and a twelve month high of $176.41. The stock has a fifty day simple moving average of $153.63 and a 200-day simple moving average of $130.76.

Exxon Mobil (NYSE:XOMGet Free Report) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The business had revenue of $80.04 billion during the quarter, compared to analysts’ expectations of $77.98 billion. During the same period in the prior year, the business posted $1.67 EPS. The company’s revenue was down 1.3% compared to the same quarter last year. Equities analysts anticipate that Exxon Mobil will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were paid a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Thursday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is presently 61.58%.

Exxon Mobil News Roundup

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

Insider Activity

In other news, VP Darrin L. Talley sold 5,000 shares of Exxon Mobil stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the completion of the transaction, the vice president owned 23,584 shares in the company, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last three months, insiders sold 11,460 shares of company stock valued at $1,687,854. Company insiders own 0.03% of the company’s stock.

Hedge Funds Weigh In On Exxon Mobil

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Maryland State Retirement & Pension System increased its position in Exxon Mobil by 2.6% during the third quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock worth $24,342,000 after buying an additional 5,573 shares during the period. Capital Investment Advisors LLC increased its position in Exxon Mobil by 6.6% during the fourth quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company’s stock worth $27,857,000 after buying an additional 14,233 shares during the period. U.S. Capital Wealth Advisors LLC increased its position in Exxon Mobil by 3.3% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock worth $34,576,000 after buying an additional 9,831 shares during the period. HORAN Wealth LLC increased its position in Exxon Mobil by 78.3% during the third quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock worth $1,486,000 after buying an additional 5,788 shares during the period. Finally, New Age Alpha Advisors LLC increased its holdings in shares of Exxon Mobil by 5.6% in the third quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock valued at $18,778,000 after purchasing an additional 8,853 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Company Profile

(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.

See Also

Analyst Recommendations for Exxon Mobil (NYSE:XOM)

Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.