Brokerages Set Exxon Mobil Co. (NYSE:XOM) PT at $131.44

Shares of Exxon Mobil Co. (NYSE:XOM) have received a consensus rating of “Moderate Buy” from the twenty brokerages that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $131.44.

A number of research analysts recently issued reports on the company. BMO Capital Markets lifted their target price on Exxon Mobil from $127.00 to $130.00 and gave the stock a “market perform” rating in a report on Friday, October 4th. UBS Group dropped their target price on shares of Exxon Mobil from $157.00 to $149.00 and set a “buy” rating on the stock in a report on Wednesday, September 18th. Evercore ISI upgraded shares of Exxon Mobil to a “strong-buy” rating in a report on Monday, August 5th. Sanford C. Bernstein dropped their price target on Exxon Mobil from $139.00 to $138.00 and set an “outperform” rating on the stock in a report on Wednesday, July 17th. Finally, Mizuho increased their price objective on Exxon Mobil from $128.00 to $130.00 and gave the company a “neutral” rating in a research report on Monday, September 16th.

Exxon Mobil Trading Down 0.1 %

Shares of NYSE:XOM opened at $119.49 on Friday. The company has a 50 day moving average of $117.54 and a 200-day moving average of $116.43. The company has a current ratio of 1.36, a quick ratio of 1.01 and a debt-to-equity ratio of 0.13. The firm has a market cap of $471.15 billion, a P/E ratio of 14.29, a P/E/G ratio of 5.00 and a beta of 0.89. Exxon Mobil has a twelve month low of $95.77 and a twelve month high of $126.34.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, August 2nd. The oil and gas company reported $2.14 earnings per share for the quarter, topping analysts’ consensus estimates of $2.04 by $0.10. Exxon Mobil had a return on equity of 16.07% and a net margin of 9.73%. The firm had revenue of $93.06 billion during the quarter, compared to the consensus estimate of $90.09 billion. During the same period in the prior year, the firm posted $1.94 earnings per share. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. As a group, analysts anticipate that Exxon Mobil will post 8.05 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Thursday, August 15th were given a $0.95 dividend. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date of this dividend was Thursday, August 15th. Exxon Mobil’s dividend payout ratio (DPR) is 45.45%.

Institutional Trading of Exxon Mobil

Institutional investors have recently made changes to their positions in the stock. FPC Investment Advisory Inc. acquired a new stake in shares of Exxon Mobil during the 1st quarter valued at $25,000. Fairway Wealth LLC acquired a new stake in Exxon Mobil during the second quarter valued at $35,000. Anfield Capital Management LLC grew its stake in Exxon Mobil by 360.0% in the second quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company’s stock valued at $37,000 after purchasing an additional 252 shares in the last quarter. Fairscale Capital LLC acquired a new position in Exxon Mobil in the 2nd quarter worth about $39,000. Finally, POM Investment Strategies LLC raised its stake in shares of Exxon Mobil by 918.9% during the 2nd quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company’s stock worth $43,000 after purchasing an additional 340 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

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.