Exxon Mobil Corporation (NYSE:XOM) posted its quarterly earnings data on Friday. The oil and gas company reported $0.93 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.89 by $0.04, Bloomberg Earnings reports. Exxon Mobil Corporation had a net margin of 4.75% and a return on equity of 7.62%. During the same period in the previous year, the business earned $0.63 EPS.

Shares of Exxon Mobil Corporation (NYSE:XOM) traded up 0.29% during trading on Friday, reaching $83.71. The company’s stock had a trading volume of 14,866,246 shares. The stock has a market cap of $354.69 billion, a price-to-earnings ratio of 30.18 and a beta of 0.82. The company has a 50-day moving average price of $81.34 and a 200-day moving average price of $80.79. Exxon Mobil Corporation has a one year low of $76.05 and a one year high of $93.22.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Monday, November 13th will be given a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a yield of 3.68%. The ex-dividend date of this dividend is Friday, November 10th. Exxon Mobil Corporation’s dividend payout ratio is currently 111.19%.

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In other Exxon Mobil Corporation news, VP Robert Stuart Franklin sold 22,656 shares of the company’s stock in a transaction on Monday, September 18th. The stock was sold at an average price of $79.76, for a total value of $1,807,042.56. Following the completion of the sale, the vice president now directly owns 231,572 shares in the company, valued at approximately $18,470,182.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Steven Reinemund sold 1,100 shares of the company’s 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 completion of the sale, the director now owns 43,125 shares of the company’s stock, valued at $3,459,918.75. The disclosure for this sale can be found here. 0.08% of the stock is currently owned by corporate insiders.

Several hedge funds have recently modified their holdings of the business. E&G Advisors LP lifted its holdings in shares of Exxon Mobil Corporation by 27.5% in the 3rd quarter. E&G Advisors LP now owns 13,941 shares of the oil and gas company’s stock worth $1,143,000 after buying an additional 3,006 shares during the period. Heritage Investors Management Corp lifted its holdings in shares of Exxon Mobil Corporation by 1.1% in the 3rd quarter. Heritage Investors Management Corp now owns 268,213 shares of the oil and gas company’s stock worth $21,988,000 after buying an additional 3,014 shares during the period. JFS Wealth Advisors LLC lifted its holdings in shares of Exxon Mobil Corporation by 2.4% in the 3rd quarter. JFS Wealth Advisors LLC now owns 51,074 shares of the oil and gas company’s stock worth $4,187,000 after buying an additional 1,205 shares during the period. Reilly Financial Advisors LLC lifted its holdings in shares of Exxon Mobil Corporation by 0.6% in the 3rd quarter. Reilly Financial Advisors LLC now owns 187,764 shares of the oil and gas company’s stock worth $15,393,000 after buying an additional 1,061 shares during the period. Finally, Bainco International Investors lifted its holdings in shares of Exxon Mobil Corporation by 6.8% in the 3rd quarter. Bainco International Investors now owns 88,071 shares of the oil and gas company’s stock worth $7,220,000 after buying an additional 5,645 shares during the period. Institutional investors and hedge funds own 50.74% of the company’s stock.

A number of brokerages have commented on XOM. Wolfe Research cut shares of Exxon Mobil Corporation from a “market perform” rating to an “underperform” rating in a research report on Monday, July 17th. Wells Fargo & Company reiterated a “market perform” rating and set a $82.00 price target (down from $90.50) on shares of Exxon Mobil Corporation in a research report on Thursday, July 6th. Citigroup Inc. reduced their price target on shares of Exxon Mobil Corporation from $87.00 to $84.00 and set a “neutral” rating on the stock in a research report on Friday, July 21st. J P Morgan Chase & Co reiterated a “neutral” rating and set a $80.00 price target (down from $81.00) on shares of Exxon Mobil Corporation in a research report on Friday, August 18th. Finally, Cowen and Company reiterated a “buy” rating and set a $100.00 price target on shares of Exxon Mobil Corporation in a research report on Tuesday, September 19th. Five analysts have rated the stock with a sell rating, fifteen have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $85.63.

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.

Earnings History for Exxon Mobil Corporation (NYSE:XOM)

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