Exxon Mobil Co. (NYSE:XOM) VP David S. Rosenthal sold 7,562 shares of Exxon Mobil stock in a transaction that occurred on Tuesday, December 4th. The shares were sold at an average price of $81.24, for a total value of $614,336.88. Following the transaction, the vice president now directly owns 258,250 shares in the company, valued at approximately $20,980,230. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of NYSE:XOM traded up $0.11 during midday trading on Friday, reaching $78.50. 982,673 shares of the company traded hands, compared to its average volume of 12,697,453. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.54 and a current ratio of 0.83. Exxon Mobil Co. has a 12 month low of $72.15 and a 12 month high of $89.30. The firm has a market cap of $336.58 billion, a price-to-earnings ratio of 21.83, a PEG ratio of 2.20 and a beta of 0.84.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, November 2nd. The oil and gas company reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.25. Exxon Mobil had a return on equity of 9.53% and a net margin of 8.15%. The company had revenue of $76.61 billion for the quarter, compared to analyst estimates of $72.91 billion. During the same period in the previous year, the company posted $0.93 EPS. The firm’s revenue for the quarter was up 25.4% compared to the same quarter last year. Equities analysts predict that Exxon Mobil Co. will post 4.84 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 10th. Investors of record on Tuesday, November 13th will be paid a dividend of $0.82 per share. The ex-dividend date of this dividend is Friday, November 9th. This represents a $3.28 dividend on an annualized basis and a dividend yield of 4.18%. Exxon Mobil’s payout ratio is 91.36%.

Several research analysts recently issued reports on XOM shares. Societe Generale set a $92.00 target price on Exxon Mobil and gave the company a “buy” rating in a research report on Tuesday, September 4th. Morningstar set a $90.00 target price on Exxon Mobil and gave the company a “buy” rating in a research report on Wednesday, September 5th. HSBC reaffirmed a “buy” rating and set a $96.00 target price on shares of Exxon Mobil in a research report on Wednesday, September 12th. Finally, Zacks Investment Research raised Exxon Mobil from a “hold” rating to a “buy” rating and set a $96.00 price objective on the stock in a research report on Monday, October 1st. Five analysts have rated the stock with a sell rating, thirteen have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Exxon Mobil has a consensus rating of “Hold” and an average target price of $86.82.

Several large investors have recently added to or reduced their stakes in XOM. Sterling Global Strategies LLC increased its stake in Exxon Mobil by 21.8% in the 1st quarter. Sterling Global Strategies LLC now owns 6,077 shares of the oil and gas company’s stock worth $453,000 after acquiring an additional 1,087 shares during the last quarter. Martin Investment Management LLC boosted its holdings in Exxon Mobil by 10.6% during the 1st quarter. Martin Investment Management LLC now owns 131,960 shares of the oil and gas company’s stock valued at $9,846,000 after acquiring an additional 12,606 shares during the period. Covington Investment Advisors Inc. purchased a new stake in Exxon Mobil during the 1st quarter valued at about $1,960,000. Bridgeworth LLC purchased a new stake in Exxon Mobil during the 1st quarter valued at about $440,000. Finally, Franklin Resources Inc. boosted its holdings in Exxon Mobil by 3.0% during the 1st quarter. Franklin Resources Inc. now owns 13,143,572 shares of the oil and gas company’s stock valued at $980,635,000 after acquiring an additional 376,686 shares during the period. Institutional investors own 53.33% of the company’s stock.

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About Exxon Mobil

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company also manufactures petroleum products; manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plastics, as well as various specialty products; produces transportation fuels, such as marine gasoil and diesel; and transports and sells crude oil, natural gas, and petroleum products.

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