David S. Rosenthal Sells 7,562 Shares of Exxon Mobil Co. (XOM) Stock

Exxon Mobil Co. (NYSE:XOM) VP David S. Rosenthal sold 7,562 shares of the company’s stock in a transaction dated Tuesday, December 4th. The shares were sold at an average price of $81.24, for a total transaction of $614,336.88. Following the completion of the transaction, the vice president now directly owns 258,250 shares of the company’s stock, valued at $20,980,230. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Shares of XOM stock opened at $77.64 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.54 and a debt-to-equity ratio of 0.10. Exxon Mobil Co. has a one year low of $72.15 and a one year high of $89.30. The stock has a market cap of $336.58 billion, a PE ratio of 21.63, a P/E/G ratio of 2.20 and a beta of 0.84.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, November 2nd. The oil and gas company reported $1.46 EPS for the quarter, topping the consensus estimate of $1.21 by $0.25. Exxon Mobil had a net margin of 8.15% and a return on equity of 9.53%. The business had revenue of $76.61 billion for the quarter, compared to analysts’ expectations of $72.91 billion. During the same quarter last year, the company posted $0.93 earnings per share. The company’s quarterly revenue was up 25.4% compared to the same quarter last year. As a group, analysts anticipate that Exxon Mobil Co. will post 4.84 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 10th. Stockholders of record on Tuesday, November 13th will be given a dividend of $0.82 per share. The ex-dividend date of this dividend is Friday, November 9th. This represents a $3.28 annualized dividend and a dividend yield of 4.22%. Exxon Mobil’s payout ratio is 91.36%.

Several hedge funds have recently modified their holdings of XOM. Kwmg LLC bought a new position in Exxon Mobil in the second quarter worth about $102,000. WESPAC Advisors SoCal LLC bought a new position in Exxon Mobil in the third quarter worth about $110,000. Clearwater Capital Advisors LLC bought a new position in Exxon Mobil in the first quarter worth about $122,000. Camarda Financial Advisors LLC lifted its holdings in Exxon Mobil by 175.2% in the third quarter. Camarda Financial Advisors LLC now owns 1,833 shares of the oil and gas company’s stock worth $156,000 after acquiring an additional 1,167 shares during the last quarter. Finally, Mainstay Capital Management LLC ADV lifted its holdings in Exxon Mobil by 112.7% in the second quarter. Mainstay Capital Management LLC ADV now owns 1,887 shares of the oil and gas company’s stock worth $156,000 after acquiring an additional 1,000 shares during the last quarter. 53.33% of the stock is currently owned by institutional investors and hedge funds.

XOM has been the subject of a number of analyst reports. Morningstar set a $90.00 price objective on shares of Exxon Mobil and gave the company a “buy” rating in a research report on Wednesday, September 5th. BNP Paribas set a $85.00 price objective on shares of Exxon Mobil and gave the company a “sell” rating in a research report on Tuesday, August 28th. Wolfe Research raised shares of Exxon Mobil from a “market perform” rating to an “outperform” rating in a research report on Monday, November 26th. Jefferies Financial Group set a $87.00 price objective on shares of Exxon Mobil and gave the company a “neutral” rating in a research report on Friday, August 24th. Finally, Macquarie reissued a “sell” rating and issued a $70.00 price objective on shares of Exxon Mobil in a research report on Friday, October 19th. Five investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Exxon Mobil presently has an average rating of “Hold” and a consensus target price of $86.82.

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Exxon Mobil Company Profile

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. It operates through Upstream, Downstream, and Chemical segments. The company also manufactures petroleum products; manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene, and polypropylene plastics, as well as various specialty products; produces transportation fuels, such as marine gasoil and diesel; and transports and sells crude oil, natural gas, and petroleum products.

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