TheStreet upgraded shares of Exxon Mobil Corporation (NYSE:XOM) from a c rating to a b- rating in a report issued on Friday.

Other equities research analysts have also issued research reports about the stock. Goldman Sachs Group, Inc. (The) set a $86.00 target price on shares of Exxon Mobil Corporation and gave the company a neutral rating in a research note on Monday. Zacks Investment Research upgraded shares of Exxon Mobil Corporation from a hold rating to a buy rating and set a $93.00 target price on the stock in a research note on Thursday, October 26th. Wells Fargo & Company set a $84.00 target price on shares of Exxon Mobil Corporation and gave the company a neutral rating in a research note on Monday. BNP Paribas set a $70.00 target price on shares of Exxon Mobil Corporation and gave the company a sell rating in a research note on Monday, September 25th. Finally, Vetr lowered shares of Exxon Mobil Corporation from a buy rating to a hold rating and set a $85.17 target price on the stock. in a research note on Thursday, September 28th. Five equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Exxon Mobil Corporation has an average rating of Hold and an average target price of $85.75.

Exxon Mobil Corporation (XOM) traded down 0.20% during mid-day trading on Friday, reaching $83.37. The company’s stock had a trading volume of 2,565,163 shares. The stock’s 50 day moving average price is $81.73 and its 200 day moving average price is $80.79. The stock has a market capitalization of $353.25 billion, a P/E ratio of 30.05 and a beta of 0.82. Exxon Mobil Corporation has a 1-year low of $76.05 and a 1-year high of $93.21.

Exxon Mobil Corporation (NYSE:XOM) last posted its quarterly earnings data on Friday, October 27th. The oil and gas company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. The company had revenue of $66.17 billion during the quarter, compared to analysts’ expectations of $63.51 billion. Exxon Mobil Corporation had a net margin of 5.14% and a return on equity of 8.30%. During the same period in the prior year, the company posted $0.63 EPS. Analysts expect that Exxon Mobil Corporation will post $3.49 EPS for the current fiscal year.

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The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Stockholders of record on Monday, November 13th will be issued a $0.77 dividend. This represents a $3.08 annualized dividend and a dividend yield of 3.69%. The ex-dividend date is Friday, November 10th. Exxon Mobil Corporation’s dividend payout ratio (DPR) is presently 100.33%.

In other news, VP Robert Stuart Franklin sold 22,656 shares of the stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $79.76, for a total value of $1,807,042.56. Following the completion of the transaction, the vice president now directly owns 231,572 shares in the company, valued at $18,470,182.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Steven Reinemund sold 1,100 shares of the stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $80.23, for a total transaction of $88,253.00. Following the completion of the transaction, the director now owns 43,125 shares of the company’s stock, valued at $3,459,918.75. The disclosure for this sale can be found here. Company insiders own 0.08% of the company’s stock.

Several institutional investors have recently bought and sold shares of XOM. Asset Management Advisors LLC boosted its holdings in Exxon Mobil Corporation by 0.3% during the second quarter. Asset Management Advisors LLC now owns 2,515 shares of the oil and gas company’s stock worth $203,000 after buying an additional 7 shares in the last quarter. Horizon Investment Services LLC boosted its holdings in Exxon Mobil Corporation by 0.4% during the first quarter. Horizon Investment Services LLC now owns 4,787 shares of the oil and gas company’s stock worth $393,000 after buying an additional 20 shares in the last quarter. Jag Capital Management LLC boosted its holdings in Exxon Mobil Corporation by 0.5% during the second quarter. Jag Capital Management LLC now owns 5,635 shares of the oil and gas company’s stock worth $455,000 after buying an additional 26 shares in the last quarter. C M Bidwell & Associates Ltd. boosted its holdings in Exxon Mobil Corporation by 1.3% during the second quarter. C M Bidwell & Associates Ltd. now owns 2,430 shares of the oil and gas company’s stock worth $196,000 after buying an additional 30 shares in the last quarter. Finally, Lehman Financial Resources Inc. boosted its holdings in Exxon Mobil Corporation by 0.5% during the second quarter. Lehman Financial Resources Inc. now owns 7,176 shares of the oil and gas company’s stock worth $579,000 after buying an additional 35 shares in the last quarter. Institutional investors and hedge funds own 50.82% of the company’s stock.

Exxon Mobil Corporation 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.

Analyst Recommendations for Exxon Mobil Corporation (NYSE:XOM)

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