Investors purchased shares of Exxon Mobil Corp. (NYSE:XOM) on weakness during trading on Friday. $174.71 million flowed into the stock on the tick-up and $96.20 million flowed out of the stock on the tick-down, for a money net flow of $78.51 million into the stock. Of all companies tracked, Exxon Mobil Corp. had the 7th highest net in-flow for the day. Exxon Mobil Corp. traded down ($1.11) for the day and closed at $87.80

Several research firms recently issued reports on XOM. Jefferies Group restated a “hold” rating on shares of Exxon Mobil Corp. in a report on Sunday, July 10th. HSBC set a $88.50 target price on shares of Exxon Mobil Corp. and gave the company a “neutral” rating in a report on Wednesday, July 13th. Credit Agricole SA restated a “buy” rating on shares of Exxon Mobil Corp. in a report on Tuesday, August 16th. Argus restated a “buy” rating and issued a $104.00 target price on shares of Exxon Mobil Corp. in a report on Wednesday. Finally, Vetr upgraded shares of Exxon Mobil Corp. from a “hold” rating to a “buy” rating and set a $93.03 target price on the stock in a report on Monday, June 27th. Seven investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $87.25.

The stock has a market cap of $364.08 billion and a price-to-earnings ratio of 34.87. The firm has a 50 day moving average price of $90.87 and a 200-day moving average price of $87.16.

Exxon Mobil Corp. (NYSE:XOM) last released its quarterly earnings data on Friday, July 29th. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by $0.23. During the same period in the prior year, the company posted $1.00 EPS. The business had revenue of $57.69 billion for the quarter, compared to analyst estimates of $60.23 billion. The business’s quarterly revenue was down 22.2% compared to the same quarter last year. On average, equities research analysts forecast that Exxon Mobil Corp. will post $2.36 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 9th. Shareholders of record on Friday, August 12th will be paid a dividend of $0.75 per share. The ex-dividend date of this dividend is Wednesday, August 10th. This represents a $3.00 dividend on an annualized basis and a yield of 3.42%.

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

Several hedge funds recently made changes to their positions in the company. Parsec Financial Management Inc. raised its stake in shares of Exxon Mobil Corp. by 5.3% in the fourth quarter. Parsec Financial Management Inc. now owns 175,471 shares of the company’s stock worth $13,678,000 after buying an additional 8,843 shares in the last quarter. Puplava Financial Services Inc. raised its stake in shares of Exxon Mobil Corp. by 27.9% in the fourth quarter. Puplava Financial Services Inc. now owns 90,751 shares of the company’s stock worth $7,074,000 after buying an additional 19,804 shares in the last quarter. Goelzer Investment Management Inc. raised its stake in shares of Exxon Mobil Corp. by 10.0% in the fourth quarter. Goelzer Investment Management Inc. now owns 108,103 shares of the company’s stock worth $8,427,000 after buying an additional 9,814 shares in the last quarter. ZWJ Investment Counsel Inc. raised its stake in shares of Exxon Mobil Corp. by 11.3% in the fourth quarter. ZWJ Investment Counsel Inc. now owns 62,295 shares of the company’s stock worth $4,856,000 after buying an additional 6,300 shares in the last quarter. Finally, Farmers & Merchants Investments Inc. raised its stake in shares of Exxon Mobil Corp. by 1.7% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 132,757 shares of the company’s stock worth $10,348,000 after buying an additional 2,260 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.