Exxon Mobil (NYSE:XOM) Price Target Raised to $150.00

Exxon Mobil (NYSE:XOM) had its price objective increased by Citigroup from $118.00 to $150.00 in a report released on Monday,Benzinga reports. They currently have a neutral rating on the oil and gas company’s stock.

Several other research firms have also weighed in on XOM. Mizuho set a $140.00 target price on shares of Exxon Mobil in a report on Wednesday, February 4th. TD Cowen boosted their target price on Exxon Mobil from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. Piper Sandler lowered their price target on Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a report on Thursday, January 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. Finally, BNP Paribas Exane lowered Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price objective for the company. in a research report on Tuesday, February 3rd. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $143.41.

Exxon Mobil Trading Down 1.3%

NYSE:XOM opened at $149.86 on Monday. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. Exxon Mobil has a 1-year low of $97.80 and a 1-year high of $159.60. The firm has a market capitalization of $624.43 billion, a price-to-earnings ratio of 22.40, a PEG ratio of 1.24 and a beta of 0.35. The business’s 50-day moving average price is $137.61 and its two-hundred day moving average price is $122.61.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The company had revenue of $80.04 billion during the quarter, compared to analysts’ expectations of $77.98 billion. During the same period in the prior year, the business posted $1.67 EPS. Exxon Mobil’s revenue was down 1.3% on a year-over-year basis. On average, equities analysts expect that Exxon Mobil will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th will be paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Thursday, February 12th. Exxon Mobil’s dividend payout ratio is currently 61.58%.

Insider Activity

In related news, VP Darrin L. Talley sold 2,150 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $157.82, for a total transaction of $339,313.00. Following the sale, the vice president owned 18,204 shares in the company, valued at approximately $2,872,955.28. This represents a 10.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold a total of 16,380 shares of company stock valued at $2,227,734 over the last 90 days. 0.03% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Exxon Mobil

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Berbice Capital Management LLC bought a new position in shares of Exxon Mobil in the 4th quarter valued at about $26,000. Midwest Capital Advisors LLC acquired a new stake in Exxon Mobil in the 4th quarter valued at about $27,000. E Fund Management Hong Kong Co. Ltd. lifted its stake in Exxon Mobil by 456.1% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock valued at $27,000 after purchasing an additional 187 shares during the last quarter. Key Capital Management INC bought a new position in Exxon Mobil during the fourth quarter worth about $28,000. Finally, Westfuller Advisors LLC acquired a new position in Exxon Mobil during the third quarter worth approximately $30,000. Institutional investors own 61.80% of the company’s stock.

Key Headlines Impacting Exxon Mobil

Here are the key news stories impacting Exxon Mobil this week:

• Positive Sentiment: Higher crude prices from Strait of Hormuz tanker disruptions lift near‑term revenue and cash‑flow prospects for integrated producers like Exxon, supporting margins and dividend/cash‑return potential. Read More.
• Positive Sentiment: Bernstein reaffirmed a buy stance on XOM, a vote of confidence from a well‑known research house that can support investor sentiment and buying interest. Read More.
• Positive Sentiment: Several analyst notes and upgrades (and recent price‑target revisions) have pushed XOM to fresh 12‑month highs recently, reinforcing bullish conviction among some institutional investors. Read More.
• Positive Sentiment: Exxon plans to send a technical team to Venezuela, which could open opportunities to restore or expand production if logistics and political/security issues are resolved. Read More.
• Neutral Sentiment: Exxon will ship about 600,000 barrels of fuel from the U.S. Gulf Coast to cover Australian import needs — a first for the company that signals logistical flexibility but has limited immediate earnings impact. Read More.
• Neutral Sentiment: Company presentation at the Morgan Stanley Energy & Power Conference provided strategic color but no major new guidance — useful for modeling but not market moving by itself. Read More.
• Negative Sentiment: Analysts warn Exxon’s production and logistics could be exposed by the U.S.–Israel–Iran conflict and Strait of Hormuz disruptions, adding supply uncertainty, potential higher transport/insurance costs and operational risk. Read More.
• Negative Sentiment: An Exxon VP sold 2,150 shares (filed with the SEC) — a routine insider sale but one that can be read negatively by short‑term traders amid recent volatility. Read More.

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.