Shares of Exxon Mobil Corporation (NYSE:XOM – Get Free Report) hit a new 52-week high during mid-day trading on Monday after Bank of America raised their price target on the stock from $135.00 to $151.00. Bank of America currently has a neutral rating on the stock. Exxon Mobil traded as high as $159.61 and last traded at $155.2940, with a volume of 9077043 shares changing hands. The stock had previously closed at $152.50.
XOM has been the topic of a number of other reports. Zacks Research upgraded Exxon Mobil from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. Citigroup upped their target price on Exxon Mobil from $115.00 to $118.00 and gave the company a “neutral” rating in a report on Wednesday, December 10th. Jefferies Financial Group increased their price objective on shares of Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Wells Fargo & Company reduced their price target on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday, February 2nd. Finally, Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a research note on Friday, January 16th. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $141.53.
View Our Latest Research Report on XOM
Insider Buying and Selling
More Exxon Mobil News
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Geopolitical risk sent crude prices sharply higher, creating a near‑term “risk premium” for oil and propelling integrated producers like Exxon. Energy equities broadly rallied on concerns about shipping chokepoints (Strait of Hormuz) and regional attacks, which is the main driver of today’s XOM gain. Exxon Mobil climbs as crude prices spike on renewed Middle East supply-risk fears
- Positive Sentiment: Barron’s coverage highlights the broader rally in Exxon, Chevron and other energy names and argues the sector could extend gains if geopolitical risk keeps oil elevated—supporting near‑term upside for XOM. Exxon and Chevron Soar. Why Energy Stocks Could Go Even Higher.
- Positive Sentiment: Exxon’s Guyana developments (Uaru and Whiptail) are reportedly ahead of schedule and under budget — a meaningful long‑term production and reserve story that supports future organic growth and cash generation. Exxon Mobil Guyana Growth Meets Ongoing Legal Tests For Long Term Story
- Neutral Sentiment: Bank of America raised its price target on XOM from $135 to $151 but kept a “neutral” rating — the higher target is supportive, but the maintained rating signals no change to conviction. Benzinga coverage of BofA price target change
- Neutral Sentiment: Exxon appears among several “trending” tickers and stocks to watch coverage today (WSJ/Yahoo), which can amplify intraday flows but is not a fundamental driver by itself. Stocks to Watch Monday: Exxon Mobil, Airlines, RTX, Berkshire
- Neutral Sentiment: Minor retail/celebrity buying (TipRanks note that Hikaru Nakamura purchased a small number of shares) is a signaling headline but unlikely to move the stock materially. U.S. Chess Champion Looking Slick after Exxon Mobil Buy
- Negative Sentiment: Recent public insider selling and large institutional portfolio moves are visible in data feeds (QuiverQuant notes several insider sales and mixed institutional activity), which can concern some investors about conviction at the margin. Monitor filings for any pattern of material insider disposals. Exxon Mobil climbs as crude prices spike on renewed Middle East supply-risk fears
Hedge Funds Weigh In On Exxon Mobil
A number of large investors have recently bought and sold shares of the stock. Maryland State Retirement & Pension System raised its holdings in shares of Exxon Mobil by 2.6% during the third quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock valued at $24,342,000 after buying an additional 5,573 shares during the last quarter. U.S. Capital Wealth Advisors LLC increased its stake in shares of Exxon Mobil by 3.3% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock valued at $34,576,000 after acquiring an additional 9,831 shares during the period. Capital Counsel LLC NY raised its holdings in Exxon Mobil by 0.9% during the second quarter. Capital Counsel LLC NY now owns 49,687 shares of the oil and gas company’s stock worth $5,356,000 after purchasing an additional 460 shares in the last quarter. HORAN Wealth LLC increased its position in shares of Exxon Mobil by 78.3% during the 3rd quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock valued at $1,486,000 after purchasing an additional 5,788 shares during the period. Finally, Krilogy Financial LLC lifted its holdings in shares of Exxon Mobil by 46.6% in the third quarter. Krilogy Financial LLC now owns 35,160 shares of the oil and gas company’s stock valued at $3,997,000 after buying an additional 11,177 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.
Exxon Mobil Trading Up 1.8%
The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The firm’s 50-day simple moving average is $135.64 and its 200 day simple moving average is $121.77. The stock has a market capitalization of $646.74 billion, a P/E ratio of 23.21, a PEG ratio of 15.82 and a beta of 0.39.
Exxon Mobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. The business had revenue of $80.04 billion for the quarter, compared to the consensus estimate of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.67 EPS. Equities research analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.
Exxon Mobil Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th will be issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, February 12th. Exxon Mobil’s dividend payout ratio is currently 61.58%.
About Exxon Mobil
Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.
ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.
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