Analysts Set Exxon Mobil Corporation (NYSE:XOM) PT at $143.41

Shares of Exxon Mobil Corporation (NYSE:XOMGet Free Report) have received an average rating of “Hold” from the eighteen ratings firms that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and nine have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $143.4118.

A number of brokerages have weighed in on XOM. Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a report on Friday, January 16th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $155.00 price target on shares of Exxon Mobil in a report on Wednesday, February 4th. Loop Capital set a $123.00 price objective on shares of Exxon Mobil in a research note on Tuesday, February 3rd. TD Cowen raised their target price on shares of Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, February 3rd. Finally, Piper Sandler decreased their target price on Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th.

Check Out Our Latest Stock Report on XOM

Key Exxon Mobil News

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

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $151.52 on Monday. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $631.33 billion, a price-to-earnings ratio of 22.65, a price-to-earnings-growth ratio of 1.21 and a beta of 0.35. Exxon Mobil has a twelve month low of $97.80 and a twelve month high of $159.60. The business has a 50 day simple moving average of $140.65 and a 200-day simple moving average of $124.07.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.08. The firm had revenue of $80.04 billion for the quarter, compared to analysts’ expectations of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same period last year, the business posted $1.67 earnings per share. As a group, equities research analysts expect that Exxon Mobil will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were issued a $1.03 dividend. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. Exxon Mobil’s dividend payout ratio (DPR) is 61.58%.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 5,000 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the transaction, the vice president directly owned 23,584 shares in the company, valued at $3,295,864. This represents a 17.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders sold 16,380 shares of company stock worth $2,227,734. Insiders own 0.03% of the company’s stock.

Institutional Investors Weigh In On Exxon Mobil

A number of hedge funds have recently added to or reduced their stakes in XOM. Berbice Capital Management LLC bought a new position in Exxon Mobil in the 4th quarter worth about $26,000. Midwest Capital Advisors LLC bought a new stake in shares of Exxon Mobil during the fourth quarter valued at approximately $27,000. E Fund Management Hong Kong Co. Ltd. boosted its position in shares of Exxon Mobil by 456.1% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock worth $27,000 after buying an additional 187 shares during the period. Key Capital Management INC acquired a new position in shares of Exxon Mobil during the fourth quarter worth approximately $28,000. Finally, Westfuller Advisors LLC bought a new position in Exxon Mobil in the 3rd quarter worth approximately $30,000. 61.80% of the stock is currently owned by institutional investors.

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.

Further Reading

Analyst Recommendations for Exxon Mobil (NYSE:XOM)

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