Exxon Mobil Corp. (NYSE:XOM) shares hit a new 52-week high on Wednesday . The stock traded as high as $94.12 and last traded at $94.09, with a volume of 12,998,712 shares. The stock had previously closed at $93.02.

Several brokerages have recently weighed in on XOM. Zacks Investment Research upgraded shares of Exxon Mobil Corp. from a “hold” rating to a “buy” rating and set a $105.00 price objective on the stock in a report on Tuesday. Jefferies Group reiterated a “hold” rating on shares of Exxon Mobil Corp. in a report on Thursday, June 30th. HSBC set a $86.00 price objective on shares of Exxon Mobil Corp. and gave the stock a “neutral” rating in a report on Tuesday, June 28th. Vetr upgraded shares of Exxon Mobil Corp. from a “hold” rating to a “buy” rating and set a $93.03 price objective on the stock in a report on Monday, June 27th. Finally, Morgan Stanley set a $95.00 price objective on shares of Exxon Mobil Corp. and gave the stock a “sell” rating in a report on Monday, June 13th. Seven research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. Exxon Mobil Corp. presently has an average rating of “Hold” and an average target price of $85.69.

The firm has a 50 day moving average of $90.60 and a 200-day moving average of $84.22. The company has a market capitalization of $390.15 billion and a price-to-earnings ratio of 30.30.

Exxon Mobil Corp. (NYSE:XOM) last posted its quarterly earnings data on Friday, April 29th. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.12. During the same period in the prior year, the company posted $1.17 earnings per share. The business earned $48.70 billion during the quarter, compared to the consensus estimate of $45.31 billion. The firm’s revenue was down 28.0% compared to the same quarter last year. On average, analysts forecast that Exxon Mobil Corp. will post $2.69 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 10th. Stockholders of record on Friday, May 13th were given a $0.75 dividend. The ex-dividend date was Wednesday, May 11th. This is a boost from Exxon Mobil Corp.’s previous quarterly dividend of $0.73. This represents a $3.00 annualized dividend and a dividend yield of 3.19%.

In other news, VP Neil A. Chapman sold 12,000 shares of the stock in a transaction that occurred on Monday, June 6th. The stock was sold at an average price of $89.00, for a total value of $1,068,000.00. Following the completion of the sale, the vice president now directly owns 230,299 shares of the company’s stock, valued at $20,496,611. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Bradley W. Corson sold 6,000 shares of the stock in a transaction that occurred on Tuesday, June 7th. The shares were sold at an average price of $90.81, for a total value of $544,860.00. Following the completion of the sale, the vice president now directly owns 208,033 shares of the company’s stock, valued at $18,891,476.73. The disclosure for this sale can be found here.

Other hedge funds and institutional investors have recently modified their holdings of the company. Nelson Van Denburg & Campbell Wealth Management Group LLC boosted its position in shares of Exxon Mobil Corp. by 4.1% in the fourth quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 13,692 shares of the company’s stock valued at $1,067,000 after buying an additional 538 shares during the period. Quadrant Capital Group LLC boosted its position in shares of Exxon Mobil Corp. by 6.7% in the fourth quarter. Quadrant Capital Group LLC now owns 13,836 shares of the company’s stock valued at $1,069,000 after buying an additional 872 shares during the period. K.J. Harrison & Partners Inc boosted its position in shares of Exxon Mobil Corp. by 100.7% in the fourth quarter. K.J. Harrison & Partners Inc now owns 13,950 shares of the company’s stock valued at $1,087,000 after buying an additional 7,000 shares during the period. First Personal Financial Services boosted its position in shares of Exxon Mobil Corp. by 2.7% in the fourth quarter. First Personal Financial Services now owns 14,483 shares of the company’s stock valued at $1,129,000 after buying an additional 379 shares during the period. Finally, McNamara Financial Services Inc. boosted its position in shares of Exxon Mobil Corp. by 40.3% in the fourth quarter. McNamara Financial Services Inc. now owns 14,715 shares of the company’s stock valued at $1,147,000 after buying an additional 4,224 shares during the period.

Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas, manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. The Company also manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and various specialty products.

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