Exxon Mobil Co. (NYSE:XOM - Get Free Report)'s share price was up 0% during trading on Friday . The company traded as high as $105.62 and last traded at $105.54. Approximately 6,390,541 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 16,296,770 shares. The stock had previously closed at $105.51.
A number of analysts have recently weighed in on the stock. BNP Paribas cut shares of Exxon Mobil from a "neutral" rating to an "underperform" rating and set a $105.00 price target on the stock. in a report on Wednesday, October 9th. Wells Fargo & Company lifted their price target on shares of Exxon Mobil from $135.00 to $136.00 and gave the stock an "overweight" rating in a report on Friday, September 27th. Bank of America began coverage on Exxon Mobil in a report on Thursday, October 17th. They set a "neutral" rating and a $124.00 price objective for the company. Barclays dropped their target price on Exxon Mobil from $142.00 to $137.00 and set an "overweight" rating on the stock in a research note on Thursday, October 3rd. Finally, UBS Group decreased their price target on Exxon Mobil from $149.00 to $147.00 and set a "buy" rating for the company in a research note on Thursday, December 12th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Exxon Mobil has an average rating of "Moderate Buy" and a consensus price target of $128.74.
Get Our Latest Analysis on Exxon Mobil
The company has a market capitalization of $464.25 billion, a price-to-earnings ratio of 13.15, a P/E/G ratio of 4.70 and a beta of 0.89. The stock has a fifty day simple moving average of $117.56 and a 200-day simple moving average of $116.16. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01.
Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.91 by $0.01. Exxon Mobil had a net margin of 9.61% and a return on equity of 14.73%. The firm had revenue of $90.02 billion for the quarter, compared to the consensus estimate of $93.98 billion. During the same period in the prior year, the firm posted $2.27 earnings per share. The firm's quarterly revenue was down .8% compared to the same quarter last year. On average, equities research analysts anticipate that Exxon Mobil Co. will post 7.95 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were issued a $0.99 dividend. This is a boost from Exxon Mobil's previous quarterly dividend of $0.95. The ex-dividend date was Thursday, November 14th. This represents a $3.96 dividend on an annualized basis and a yield of 3.75%. Exxon Mobil's dividend payout ratio is presently 49.32%.
Several institutional investors have recently bought and sold shares of the business. Massachusetts Financial Services Co. MA raised its stake in Exxon Mobil by 532.8% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 16,815,314 shares of the oil and gas company's stock valued at $1,935,779,000 after purchasing an additional 14,158,054 shares during the last quarter. Primecap Management Co. CA acquired a new stake in shares of Exxon Mobil in the second quarter valued at about $980,210,000. International Assets Investment Management LLC lifted its stake in shares of Exxon Mobil by 7,761.0% in the third quarter. International Assets Investment Management LLC now owns 6,893,677 shares of the oil and gas company's stock worth $808,077,000 after buying an additional 6,805,982 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Exxon Mobil by 16.9% during the second quarter. Dimensional Fund Advisors LP now owns 36,794,077 shares of the oil and gas company's stock worth $4,235,972,000 after acquiring an additional 5,330,887 shares during the last quarter. Finally, Legal & General Group Plc boosted its position in Exxon Mobil by 19.3% during the second quarter. Legal & General Group Plc now owns 32,308,002 shares of the oil and gas company's stock worth $3,719,296,000 after acquiring an additional 5,235,607 shares during the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.
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.
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