Exxon Mobil Corp. (NYSE:XOM) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $94.90 and last traded at $94.67, with a volume of 4,635,906 shares traded. The stock had previously closed at $93.89.

Several equities research analysts have recently issued reports on the company. HSBC set a $86.00 target price on Exxon Mobil Corp. and gave the stock a “neutral” rating in a report on Tuesday, June 28th. Zacks Investment Research raised Exxon Mobil Corp. from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 29th. Jefferies Group reaffirmed a “hold” rating and issued a $85.00 target price on shares of Exxon Mobil Corp. in a report on Monday, May 2nd. Collins Stewart reaffirmed a “hold” rating on shares of Exxon Mobil Corp. in a report on Thursday, May 12th. Finally, Vetr raised Exxon Mobil Corp. from a “hold” rating to a “buy” rating and set a $93.34 price objective on the stock in a research note on Tuesday, May 31st. Seven investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have assigned a buy rating to the company’s stock. Exxon Mobil Corp. presently has a consensus rating of “Hold” and a consensus price target of $86.83.

The stock’s 50-day moving average is $91.24 and its 200-day moving average is $84.74. The stock has a market cap of $393.43 billion and a PE ratio of 30.56.

Exxon Mobil Corp. (NYSE:XOM) last issued its quarterly earnings results on Friday, April 29th. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.12. The firm had revenue of $48.70 billion for the quarter, compared to analyst estimates of $45.31 billion. The company’s revenue was down 28.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.17 earnings per share. On average, analysts predict that Exxon Mobil Corp. will post $2.78 earnings per share for the current year.

In related news, VP Neil A. Chapman sold 12,000 shares of the business’s stock in a transaction dated Monday, June 6th. The shares were sold at an average price of $89.00, for a total transaction of $1,068,000.00. Following the sale, the vice president now owns 230,299 shares of the company’s stock, valued at $20,496,611. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Bradley W. Corson sold 6,000 shares of the business’s stock in a transaction dated Tuesday, June 7th. The stock was sold at an average price of $90.81, for a total transaction of $544,860.00. Following the sale, the vice president now directly owns 208,033 shares in the company, valued at approximately $18,891,476.73. The disclosure for this sale can be found here.

A number of hedge funds recently added to or reduced their stakes in XOM. Nelson Van Denburg & Campbell Wealth Management Group LLC increased its stake in 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 worth $1,067,000 after buying an additional 538 shares in the last quarter. Quadrant Capital Group LLC increased its stake in Exxon Mobil Corp. by 6.7% in the fourth quarter. Quadrant Capital Group LLC now owns 13,836 shares of the company’s stock worth $1,069,000 after buying an additional 872 shares in the last quarter. K.J. Harrison & Partners Inc increased its stake in 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 worth $1,087,000 after buying an additional 7,000 shares in the last quarter. McNamara Financial Services Inc. increased its stake in Exxon Mobil Corp. by 40.3% in the fourth quarter. McNamara Financial Services Inc. now owns 14,715 shares of the company’s stock worth $1,147,000 after buying an additional 4,224 shares in the last quarter. Finally, Tiedemann Trust Co. increased its stake in Exxon Mobil Corp. by 2.8% in the fourth quarter. Tiedemann Trust Co. now owns 15,836 shares of the company’s stock worth $1,234,000 after buying an additional 424 shares in the last quarter.

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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