Exxon Mobil Corporation (NYSE:XOM) Given Consensus Rating of “Hold” by Analysts

Exxon Mobil Corporation (NYSE:XOM) has been given an average rating of “Hold” by the twenty-one ratings firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, eleven have assigned a hold recommendation, eight have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $124.8095.

Several brokerages have issued reports on XOM. Melius began coverage on Exxon Mobil in a research report on Wednesday, August 20th. They issued a “hold” rating and a $111.00 target price on the stock. TD Cowen raised their target price on Exxon Mobil from $120.00 to $128.00 and gave the stock a “buy” rating in a research report on Monday, June 23rd. Barclays reissued a “hold” rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. Melius Research began coverage on Exxon Mobil in a research report on Wednesday, August 20th. They issued a “hold” rating and a $111.00 target price on the stock. Finally, Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a research report on Friday, July 11th.

Exxon Mobil Price Performance

NYSE XOM opened at $112.21 on Monday. Exxon Mobil has a one year low of $97.80 and a one year high of $126.34. The stock has a 50-day moving average of $110.55 and a 200 day moving average of $109.14. The company has a market capitalization of $478.38 billion, a price-to-earnings ratio of 15.94, a PEG ratio of 2.05 and a beta of 0.57. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.88 and a current ratio of 1.25.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, August 1st. The oil and gas company reported $1.64 EPS for the quarter, topping the consensus estimate of $1.47 by $0.17. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%.The company had revenue of $81.51 billion during the quarter, compared to the consensus estimate of $79.07 billion. During the same period last year, the company earned $2.14 EPS. Exxon Mobil’s revenue for the quarter was down 12.4% on a year-over-year basis. On average, sell-side analysts forecast that Exxon Mobil will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 15th were given a $0.99 dividend. This represents a $3.96 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Friday, August 15th. Exxon Mobil’s dividend payout ratio (DPR) is presently 56.25%.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,158 shares of Exxon Mobil stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $110.45, for a total transaction of $238,351.10. Following the transaction, the vice president directly owned 13,829 shares of the company’s stock, valued at $1,527,413.05. The trade was a 13.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.03% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. 10Elms LLP purchased a new position in shares of Exxon Mobil during the 4th quarter valued at about $25,000. Graybill Wealth Management LTD. purchased a new position in shares of Exxon Mobil during the 1st quarter valued at about $29,000. Elequin Capital LP purchased a new position in shares of Exxon Mobil during the 1st quarter valued at about $31,000. Capital A Wealth Management LLC purchased a new position in shares of Exxon Mobil during the 4th quarter valued at about $32,000. Finally, Clal Insurance Enterprises Holdings Ltd lifted its position in shares of Exxon Mobil by 396.7% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 298 shares of the oil and gas company’s stock valued at $35,000 after buying an additional 238 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

About Exxon Mobil

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.