Exxon Mobil (NYSE:XOM) had its price objective boosted by BMO Capital Markets to $85.00 in a research note issued to investors on Wednesday. They currently have a market perform rating on the oil and gas company’s stock.
A number of other analysts also recently issued reports on the company. JPMorgan Chase & Co. set a $83.00 target price on Exxon Mobil and gave the company a neutral rating in a research report on Monday, January 8th. Vetr downgraded Exxon Mobil from a buy rating to a hold rating and set a $86.54 target price on the stock. in a research report on Tuesday, January 2nd. Howard Weil raised Exxon Mobil from an outperform rating to a focus list rating in a research report on Friday, December 22nd. Jefferies Group set a $85.00 target price on Exxon Mobil and gave the company a neutral rating in a research report on Wednesday, December 20th. Finally, Goldman Sachs Group set a $89.00 price target on Exxon Mobil and gave the stock a neutral rating in a research report on Thursday, December 14th. Six analysts have rated the stock with a sell rating, fourteen have given a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. Exxon Mobil presently has a consensus rating of Hold and a consensus target price of $86.74.
Shares of Exxon Mobil (NYSE XOM) opened at $87.52 on Wednesday. The company has a quick ratio of 0.54, a current ratio of 0.85 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $370,830.00, a PE ratio of 28.51, a P/E/G ratio of 1.36 and a beta of 0.82. Exxon Mobil has a 12-month low of $76.05 and a 12-month high of $87.99.
Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, October 27th. The oil and gas company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. The business had revenue of $66.17 billion for the quarter, compared to the consensus estimate of $63.51 billion. Exxon Mobil had a return on equity of 8.21% and a net margin of 5.14%. During the same quarter in the previous year, the business earned $0.63 earnings per share. research analysts expect that Exxon Mobil will post 3.68 EPS for the current year.
In other news, VP Robert N. Schleckser sold 4,877 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $83.37, for a total value of $406,595.49. Following the transaction, the vice president now owns 187,663 shares of the company’s stock, valued at $15,645,464.31. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Robert N. Schleckser sold 5,601 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $83.93, for a total value of $470,091.93. Following the completion of the transaction, the vice president now directly owns 187,663 shares in the company, valued at approximately $15,750,555.59. The disclosure for this sale can be found here. Insiders sold 51,357 shares of company stock worth $4,273,910 in the last ninety days. 0.08% of the stock is owned by company insiders.
Institutional investors have recently bought and sold shares of the company. Shell Asset Management Co. boosted its stake in shares of Exxon Mobil by 31.9% in the third quarter. Shell Asset Management Co. now owns 1,066,127 shares of the oil and gas company’s stock valued at $100,269,000 after buying an additional 257,727 shares during the period. Baldwin Brothers Inc. MA boosted its stake in shares of Exxon Mobil by 14.4% in the second quarter. Baldwin Brothers Inc. MA now owns 104,939 shares of the oil and gas company’s stock valued at $8,472,000 after buying an additional 13,206 shares during the period. Compass Capital Management Inc. boosted its stake in shares of Exxon Mobil by 1.5% in the second quarter. Compass Capital Management Inc. now owns 13,272 shares of the oil and gas company’s stock valued at $1,071,000 after buying an additional 199 shares during the period. Perkins Coie Trust Co boosted its stake in shares of Exxon Mobil by 47.6% in the second quarter. Perkins Coie Trust Co now owns 9,784 shares of the oil and gas company’s stock valued at $790,000 after buying an additional 3,154 shares during the period. Finally, WESPAC Advisors LLC boosted its stake in shares of Exxon Mobil by 82.0% in the second quarter. WESPAC Advisors LLC now owns 6,321 shares of the oil and gas company’s stock valued at $510,000 after buying an additional 2,848 shares during the period. 51.05% of the stock is currently owned by institutional investors.
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Exxon Mobil Company Profile
Exxon Mobil Corporation is engaged in energy business. The Company is engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products. The Company also manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and a range of specialty products.
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