Traders sold shares of Exxon Mobil Corporation (NYSE:XOM) on strength during trading on Monday. $91.55 million flowed into the stock on the tick-up and $158.60 million flowed out of the stock on the tick-down, for a money net flow of $67.05 million out of the stock. Of all companies tracked, Exxon Mobil Corporation had the 15th highest net out-flow for the day. Exxon Mobil Corporation traded up $0.02 for the day and closed at $80.09

Several brokerages recently weighed in on XOM. Scotiabank set a $86.00 price target on Exxon Mobil Corporation and gave the company a “buy” rating in a research report on Saturday, June 17th. UBS AG set a $75.00 price target on Exxon Mobil Corporation and gave the company a “sell” rating in a research report on Thursday, June 8th. Societe Generale set a $95.00 price target on Exxon Mobil Corporation and gave the company a “buy” rating in a research report on Monday. Hilliard Lyons began coverage on Exxon Mobil Corporation in a research report on Wednesday, June 7th. They set a “term buy” rating and a $90.00 price target for the company. Finally, Citigroup Inc. reduced their price target on Exxon Mobil Corporation from $87.00 to $84.00 and set a “neutral” rating for the company in a research report on Friday, July 21st. Seven investment analysts have rated the stock with a sell rating, fifteen have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Exxon Mobil Corporation has an average rating of “Hold” and a consensus price target of $84.65.

The stock has a market cap of $339.35 billion, a PE ratio of 28.87 and a beta of 0.82. The stock’s 50 day moving average is $78.37 and its 200-day moving average is $80.79.

Exxon Mobil Corporation (NYSE:XOM) last issued its earnings results on Friday, July 28th. The oil and gas company reported $0.78 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.83 by ($0.05). Exxon Mobil Corporation had a net margin of 4.75% and a return on equity of 7.62%. The firm had revenue of $62.88 billion during the quarter, compared to analyst estimates of $61.35 billion. During the same quarter in the previous year, the business posted $0.41 EPS. Exxon Mobil Corporation’s revenue was up 9.0% compared to the same quarter last year. Analysts forecast that Exxon Mobil Corporation will post $3.44 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, September 11th. Investors of record on Monday, August 14th were issued a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date of this dividend was Thursday, August 10th. Exxon Mobil Corporation’s payout ratio is currently 111.19%.

In related news, Director Steven Reinemund sold 1,100 shares of Exxon Mobil Corporation stock in a transaction on Friday, August 4th. The stock was sold at an average price of $80.23, for a total value of $88,253.00. Following the transaction, the director now owns 43,125 shares in the company, valued at $3,459,918.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.08% of the stock is currently owned by company insiders.

A number of institutional investors have recently modified their holdings of XOM. Integrated Investment Consultants LLC lifted its stake in shares of Exxon Mobil Corporation by 2.3% during the first quarter. Integrated Investment Consultants LLC now owns 15,757 shares of the oil and gas company’s stock worth $1,292,000 after purchasing an additional 350 shares in the last quarter. Franklin Street Advisors Inc. NC lifted its stake in shares of Exxon Mobil Corporation by 6.4% during the first quarter. Franklin Street Advisors Inc. NC now owns 60,779 shares of the oil and gas company’s stock worth $4,984,000 after purchasing an additional 3,663 shares in the last quarter. Private Asset Management Inc. lifted its stake in shares of Exxon Mobil Corporation by 0.8% during the first quarter. Private Asset Management Inc. now owns 202,840 shares of the oil and gas company’s stock worth $16,635,000 after purchasing an additional 1,616 shares in the last quarter. McQueen Ball & Associates Inc. lifted its stake in shares of Exxon Mobil Corporation by 0.9% during the first quarter. McQueen Ball & Associates Inc. now owns 22,011 shares of the oil and gas company’s stock worth $1,805,000 after purchasing an additional 198 shares in the last quarter. Finally, Rosenbaum Jay D. lifted its stake in shares of Exxon Mobil Corporation by 10.6% during the first quarter. Rosenbaum Jay D. now owns 17,951 shares of the oil and gas company’s stock worth $1,473,000 after purchasing an additional 1,725 shares in the last quarter. Hedge funds and other institutional investors own 50.74% of the company’s stock.

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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.

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