Exxon Mobil Co. (NYSE:XOM) VP Darrin L. Talley Sells 2,100 Shares

Exxon Mobil Co. (NYSE:XOM) VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the transaction, the vice president now directly owns 18,087 shares in the company, valued at $1,989,570. This trade represents a 10.40 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Exxon Mobil Stock Performance

XOM traded down $0.27 on Wednesday, hitting $109.69. 5,956,113 shares of the stock traded hands, compared to its average volume of 14,903,492. The firm has a market capitalization of $482.10 billion, a PE ratio of 13.99, a P/E/G ratio of 2.79 and a beta of 0.89. Exxon Mobil Co. has a 52 week low of $100.42 and a 52 week high of $126.34. The business has a fifty day moving average price of $109.94 and a two-hundred day moving average price of $115.08. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, January 31st. The oil and gas company reported $1.67 EPS for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same period in the prior year, the firm posted $2.48 EPS. On average, research analysts predict that Exxon Mobil Co. will post 7.65 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th will be paid a dividend of $0.99 per share. The ex-dividend date is Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.61%. Exxon Mobil’s dividend payout ratio is 50.51%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Keystone Financial Group Inc. acquired a new stake in Exxon Mobil during the 4th quarter worth approximately $36,000. Retirement Wealth Solutions LLC acquired a new stake in Exxon Mobil in the fourth quarter worth $46,000. Compass Planning Associates Inc acquired a new position in Exxon Mobil during the 4th quarter worth approximately $47,000. Compass Financial Services Inc bought a new position in shares of Exxon Mobil in the 4th quarter worth $48,000. Finally, Peterson Financial Group Inc. bought a new stake in shares of Exxon Mobil during the third quarter worth about $51,000. Institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Morgan Stanley upped their target price on shares of Exxon Mobil from $139.00 to $140.00 in a research note on Friday, January 31st. Truist Financial increased their price objective on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research note on Monday, January 13th. UBS Group lowered their price objective on Exxon Mobil from $149.00 to $147.00 and set a “buy” rating on the stock in a research report on Thursday, December 12th. Mizuho decreased their price target on shares of Exxon Mobil from $137.00 to $134.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. Finally, BMO Capital Markets decreased their price target on shares of Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a research note on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.25.

Exxon Mobil Company Profile

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.