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Things appear to be looking up for Exxon Mobil Corp (XOM)

Exxon Mobil Corp (NYSE: XOM) is 20.37% higher on its value in year-to-date trading and has touched a low of $95.77 and a high of $126.34 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The XOM stock was last observed hovering at around $120.47 in the last trading session, with the day’s loss setting it -0.12%.

Currently trading at $120.35, the stock is 0.82% and 1.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.93 million and changing -0.10% at the moment leaves the stock 4.89% off its SMA200. XOM registered 16.00% gain for a year compared to 6-month gain of 2.28%. The firm has a 50-day simple moving average (SMA 50) of $118.05 and a 200-day simple moving average (SMA200) of $114.73595.

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The stock witnessed a -3.01% loss in the last 1 month and extending the period to 3 months gives it a 1.18%, and is 1.17% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.55% over the week and 1.60% over the month.

Exxon Mobil Corp (XOM) has around 62000 employees, a market worth around $528.95B and $339.03B in sales. Current P/E ratio is 14.99 and Fwd P/E is 14.93. Profit margin for the company is 9.94%. Distance from 52-week low is 25.67% and -4.74% from its 52-week high. The company has generated returns on investments over the last 12 months (11.03%).

with sales reaching $89.61B over the same period.The EPS is expected to shrink by -16.34% this year, but quarterly earnings will post 1.60% year-over-year. Quarterly sales are estimated to grow 6.20% in year-over-year returns.

Exxon Mobil Corp (XOM) Top Institutional Holders

4632.0 institutions hold shares in Exxon Mobil Corp (XOM), with institutional investors hold 65.52% of the company’s shares. The shares outstanding are 4.40B, and float is at 4.39B with Short Float at 1.03%. Institutions hold 65.49% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 433.05 million shares valued at $49.85 billion. The investor’s holdings represent 10.8316% of the XOM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 303.41 million shares valued at $34.93 billion to account for 7.5889 of the shares outstanding. The other top investors are STATE STREET CORP which holds 226.77 million shares representing 5.672% and valued at over $26.11 billion, while FMR LLC holds 3.7886 of the shares totaling 151.47 million with a market value of $17.44 billion.

Exxon Mobil Corp (XOM) Insider Activity

The most recent transaction is an insider purchase by Dreyfus Maria S., the company’s Director. SEC filings show that Dreyfus Maria S. bought 18,310 shares of the company’s common stock on Jun 17 ’24 at a price of $109.25 per share for a total of $2.0 million. Following the purchase, the insider now owns 35757.0 shares.

Exxon Mobil Corp disclosed in a document filed with the SEC on Apr 29 ’24 that Talley Darrin L (Vice President) sold a total of 2,426 shares of the company’s common stock. The trade occurred on Apr 29 ’24 and was made at $119.01 per share for $0.29 million. Following the transaction, the insider now directly holds 25363.0 shares of the XOM stock.

Still, SEC filings show that on Mar 19 ’24, Talley Darrin L (Vice President) disposed off 2,400 shares at an average price of $113.33 for $0.27 million. The insider now directly holds 27,789 shares of Exxon Mobil Corp (XOM).

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