Exxon Mobil (NYSE:XOM) Hits New 1-Year High on Analyst Upgrade

Exxon Mobil Corporation (NYSE:XOM)’s stock price reached a new 52-week high during mid-day trading on Monday after Citigroup raised their price target on the stock from $118.00 to $150.00. Citigroup 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 traded. The stock had previously closed at $152.50.

A number of other equities analysts have also issued reports on the stock. Sanford C. Bernstein lowered their target price on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Royal Bank Of Canada increased their price target on shares of Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research note on Monday, February 2nd. Wells Fargo & Company dropped their price objective on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a research note on Monday, February 2nd. Zacks Research raised shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a report on Friday, January 30th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. Nine research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $143.41.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 3,230 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $149.18, for a total transaction of $481,851.40. Following the transaction, the vice president owned 20,354 shares in the company, valued at approximately $3,036,409.72. The trade was a 13.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last 90 days, insiders sold 14,230 shares of company stock valued at $1,888,421. 0.03% of the stock is currently owned by insiders.

More Exxon Mobil News

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

• Positive Sentiment: Geopolitical-driven crude rally is lifting integrated producers — higher oil and futures risk premia boost near-term revenue and cash flow expectations for Exxon. Exxon Mobil Stock Rallies on Oil Price Surge Amid U.S.-Iran Conflict Escalation
• Positive Sentiment: Supply chokepoint risk (Strait of Hormuz) is reframing Exxon’s risk/reward — even limited tanker disruptions raise spot prices and insurance costs, benefiting integrated producers. Strait Of Hormuz Shock Reframes Exxon Mobil Risk And Reward Profile
• Positive Sentiment: Energy-sector momentum and sector rotation into large caps is supporting the rally; several outlets note XOM hitting record levels as investors seek oil exposure. Middle East Conflict: The Exxon Mobil Advantage
• Neutral Sentiment: Major brokers raised price targets (Bank of America to $151; Citigroup to $150) but kept neutral ratings — this narrows downside/upside expectations and may cap further rapid upside absent sustained higher crude. Analyst Price Target Updates
• Negative Sentiment: Analysts flag direct operational exposure — Exxon has assets and contracts that could see output disruptions if the Iran conflict widens, which could create short-term volatility and operational risk. Exxon, TotalEnergies output at risk from Iran war, analysts say
• Negative Sentiment: Wider macro risk — rising oil could feed into inflation and interest-rate sensitivity, which investors should watch for if higher energy costs persist. As Trump declares inflation tamed, Iran conflict threatens new price pressures

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Berbice Capital Management LLC purchased a new stake in Exxon Mobil during the fourth quarter worth about $26,000. Midwest Capital Advisors LLC acquired a new stake in shares of Exxon Mobil during the 4th quarter valued at approximately $27,000. E Fund Management Hong Kong Co. Ltd. lifted its position in shares of Exxon Mobil by 456.1% during 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 acquiring an additional 187 shares during the period. Key Capital Management INC purchased a new stake in shares of Exxon Mobil during the 4th quarter worth approximately $28,000. Finally, Nvest Wealth Strategies Inc. acquired a new stake in shares of Exxon Mobil in the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Up 1.1%

The firm has a 50 day moving average of $136.36 and a two-hundred day moving average of $122.10. The stock has a market capitalization of $642.43 billion, a PE ratio of 23.05, a P/E/G ratio of 15.82 and a beta of 0.35. 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 (NYSE:XOM) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.08. The company had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.Exxon Mobil’s revenue was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.67 earnings per share. Equities research analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders 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 yield of 2.7%. The ex-dividend date is Thursday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is 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.