Investors purchased shares of Exxon Mobil Corp. (NYSE:XOM) on weakness during trading hours on Wednesday. $376.89 million flowed into the stock on the tick-up and $102.22 million flowed out of the stock on the tick-down, for a money net flow of $274.67 million into the stock. Of all equities tracked, Exxon Mobil Corp. had the highest net in-flow for the day. Exxon Mobil Corp. traded down ($0.38) for the day and closed at $87.14

XOM has been the topic of a number of analyst reports. Morningstar reiterated a “neutral” rating on shares of Exxon Mobil Corp. in a research report on Tuesday. Argus reiterated a “buy” rating and issued a $104.00 price objective on shares of Exxon Mobil Corp. in a research report on Wednesday, August 17th. Credit Agricole SA reiterated a “buy” rating on shares of Exxon Mobil Corp. in a research report on Tuesday, August 16th. Societe Generale set a $105.00 price objective on shares of Exxon Mobil Corp. and gave the company a “buy” rating in a research report on Monday, August 15th. Finally, HSBC set a $83.50 price objective on shares of Exxon Mobil Corp. and gave the company a “neutral” rating in a research report on Tuesday, August 2nd. Seven investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $87.25.

The firm has a market capitalization of $361.34 billion and a PE ratio of 34.61. The stock has a 50 day moving average price of $89.58 and a 200-day moving average price of $87.69.

Exxon Mobil Corp. (NYSE:XOM) last released its quarterly earnings results on Friday, July 29th. The company reported $0.41 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.64 by $0.23. The company earned $57.69 billion during the quarter, compared to analyst estimates of $60.23 billion. During the same period last year, the business earned $1.00 EPS. The firm’s revenue for the quarter was down 22.2% compared to the same quarter last year. On average, analysts expect that Exxon Mobil Corp. will post $2.37 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 9th. Investors of record on Friday, August 12th will be given a $0.75 dividend. The ex-dividend date of this dividend is Wednesday, August 10th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 3.44%.

In other Exxon Mobil Corp. news, VP Neil A. Chapman sold 12,000 shares of the firm’s stock in a transaction dated Monday, June 6th. The stock was sold at an average price of $89.00, for a total transaction 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 approximately $20,496,611. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Robert Stuart Franklin sold 13,855 shares of the firm’s stock in a transaction dated Wednesday, August 24th. The stock was sold at an average price of $87.93, for a total value of $1,218,270.15. Following the sale, the vice president now owns 213,256 shares of the company’s stock, valued at $18,751,600.08. The disclosure for this sale can be found here.

Other large investors have made changes to their positions in the company. Roosevelt Investment Group Inc. raised its stake in shares of Exxon Mobil Corp. by 1.9% in the fourth quarter. Roosevelt Investment Group Inc. now owns 19,952 shares of the company’s stock worth $1,555,000 after buying an additional 373 shares during the last quarter. Bruni J V & Co. Co. increased its stake in Exxon Mobil Corp. by 3.8% in the fourth quarter. Bruni J V & Co. Co. now owns 30,260 shares of the company’s stock worth $2,359,000 after buying an additional 1,100 shares during the period. FCA Corp TX increased its stake in Exxon Mobil Corp. by 14.9% in the fourth quarter. FCA Corp TX now owns 37,285 shares of the company’s stock worth $2,906,000 after buying an additional 4,833 shares during the period. Autus Asset Management LLC increased its stake in Exxon Mobil Corp. by 66.1% in the fourth quarter. Autus Asset Management LLC now owns 37,290 shares of the company’s stock worth $2,906,000 after buying an additional 14,843 shares during the period. Finally, Braver Wealth Management LLC increased its stake in Exxon Mobil Corp. by 3.5% in the fourth quarter. Braver Wealth Management LLC now owns 40,709 shares of the company’s stock worth $3,173,000 after buying an additional 1,392 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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