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

Exxon Mobil Corporation (NYSE:XOMGet Free Report) has earned an average rating of “Hold” from the nineteen analysts that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, eight have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $152.3889.

A number of equities analysts have recently commented on the company. Bank of America boosted their price objective on Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research report on Monday, March 2nd. UBS Group reiterated a “buy” rating and issued a $171.00 price target on shares of Exxon Mobil in a research note on Monday, February 2nd. Zacks Research upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a report on Friday, January 30th. Jefferies Financial Group increased their price objective on shares of Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Finally, Citigroup raised their price objective on shares of Exxon Mobil from $150.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday.

Check Out Our Latest Report on XOM

More Exxon Mobil News

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

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 1,080 shares of Exxon Mobil stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $155.50, for a total transaction of $167,940.00. Following the completion of the sale, the vice president directly owned 17,124 shares of the company’s stock, valued at $2,662,782. The trade was a 5.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders sold 11,460 shares of company stock worth $1,687,854. 0.03% of the stock is owned by insiders.

Institutional Investors Weigh In On Exxon Mobil

Several institutional investors have recently added to or reduced their stakes in XOM. Berbice Capital Management LLC acquired a new position in shares of Exxon Mobil in the 4th quarter valued at $26,000. Midwest Capital Advisors LLC purchased a new stake in Exxon Mobil in the fourth quarter valued at $27,000. E Fund Management Hong Kong Co. Ltd. lifted its position in Exxon Mobil by 456.1% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock valued at $27,000 after acquiring an additional 187 shares during the last quarter. Key Capital Management INC acquired a new position in Exxon Mobil in the fourth quarter valued at $28,000. Finally, Westfuller Advisors LLC acquired a new position in Exxon Mobil in the third quarter valued at $30,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Down 0.1%

NYSE:XOM opened at $160.63 on Friday. The firm has a market cap of $669.31 billion, a PE ratio of 24.01, a price-to-earnings-growth ratio of 1.11 and a beta of 0.29. The stock has a fifty day moving average price of $152.01 and a 200 day moving average price of $129.50. Exxon Mobil has a 12-month low of $97.80 and a 12-month high of $176.41. 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 (NYSE:XOMGet Free Report) last issued its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.08. The company had revenue of $80.04 billion for the quarter, compared to the consensus estimate of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.Exxon Mobil’s revenue was down 1.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.67 EPS. Sell-side analysts anticipate that Exxon Mobil will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were issued a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil’s dividend payout ratio is 61.58%.

About Exxon Mobil

(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.

Recommended Stories

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.