ExxonMobil’s (XOM) “Hold” Rating Reiterated at DZ Bank

ExxonMobil (NYSE:XOM)‘s stock had its “hold” rating reaffirmed by analysts at DZ Bank in a research note issued to investors on Tuesday, MarketBeat Ratings reports. They presently have a $156.00 target price on the oil and gas company’s stock. DZ Bank’s price target points to a potential upside of 0.52% from the company’s current price.

A number of other analysts have also issued reports on the stock. Bank of America lowered shares of ExxonMobil from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $154.00 to $158.00 in a research note on Tuesday, July 28th. BNP Paribas Exane set a $165.00 price objective on shares of ExxonMobil and gave the company a “neutral” rating in a research note on Friday, April 17th. JPMorgan Chase & Co. upped their target price on shares of ExxonMobil from $140.00 to $170.00 and gave the stock an “overweight” rating in a research note on Thursday, April 9th. Wells Fargo & Company reissued an “overweight” rating and issued a $182.00 price target on shares of ExxonMobil in a research report on Monday. Finally, Barclays boosted their price target on shares of ExxonMobil from $163.00 to $182.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. Nine investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat.com, ExxonMobil has an average rating of “Hold” and an average price target of $162.95.

ExxonMobil Trading Down 0.2%

Shares of NYSE XOM opened at $155.19 on Tuesday. ExxonMobil has a twelve month low of $105.53 and a twelve month high of $176.41. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.12. The stock has a fifty day simple moving average of $145.67 and a 200-day simple moving average of $148.98. The stock has a market capitalization of $643.24 billion, a PE ratio of 19.97, a PEG ratio of 0.64 and a beta of 0.17.

ExxonMobil (NYSE:XOM) last posted its earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.56 by ($0.04). ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%.The firm had revenue of $114.53 billion for the quarter, compared to analyst estimates of $109.94 billion. During the same period in the previous year, the company posted $1.64 EPS. On average, equities analysts forecast that ExxonMobil will post 11.36 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Aventus Investment Advisors Inc. acquired a new stake in ExxonMobil in the second quarter valued at $27,000. Portus Wealth Advisors LLC purchased a new position in ExxonMobil during the first quarter worth $36,000. Berbice Capital Management LLC purchased a new position in ExxonMobil during the fourth quarter worth $26,000. Midwest Capital Advisors LLC acquired a new position in shares of ExxonMobil in the fourth quarter worth $27,000. Finally, E Fund Management Hong Kong Co. Ltd. lifted its position in shares of ExxonMobil by 456.1% in the fourth 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 acquiring an additional 187 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil reportedly generated approximately $14.5 billion in second-quarter profit, while upstream production reached its highest level in more than 20 years. Permian output also set a quarterly record, highlighting the benefits of its large production base. ExxonMobil Q2 profit and production
• Positive Sentiment: Refining and trading benefited from market disruptions linked to the Iran conflict, with constrained global refining capacity supporting margins. Analysts say ExxonMobil’s strategic and financial targets remain on track, while strong free cash flow could support dividends, buybacks and other capital returns. ExxonMobil earnings targets
• Positive Sentiment: Recent coverage continues to portray ExxonMobil as a leading dividend and capital-return stock. Its integrated business model, spending discipline and reliable dividend remain attractive as energy-sector volatility rises. ExxonMobil capital returns
• Neutral Sentiment: Management said crude oil and gasoline prices have become disconnected because refinery capacity and product markets are unusually tight. That could preserve refining profits, but it also signals an unpredictable outlook for fuel margins and consumer demand. Exxon CEO on crude and gas prices
• Negative Sentiment: President Trump criticized ExxonMobil and Chevron for making “too much money” from higher energy prices during the Iran conflict. Although no specific policy action was announced, the comments raise risks of political pressure, windfall-profit proposals or increased scrutiny of energy companies. Trump criticizes Exxon and Chevron profits

ExxonMobil Company Profile

ExxonMobil 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.