Exxon Mobil Corporation (NYSE:XOM – Get Free Report) has been assigned a consensus rating of “Hold” from the eighteen analysts that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and nine have issued a buy recommendation on the company. The average 1 year price target among analysts that have covered the stock in the last year is $143.4118.
A number of analysts have recently issued reports on the company. Mizuho set a $140.00 price target on Exxon Mobil in a research report on Wednesday, February 4th. Zacks Research upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Exxon Mobil in a research note on Monday, December 29th. Barclays lifted their target price on shares of Exxon Mobil from $140.00 to $145.00 and gave the company an “overweight” rating in a research report on Tuesday, February 3rd. Finally, 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 report on Monday, February 2nd.
Exxon Mobil Trading Up 0.4%
Exxon Mobil (NYSE:XOM – Get Free Report) last posted its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.08. The company had revenue of $80.04 billion during 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%.The firm’s quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter last year, the company earned $1.67 earnings per share. Equities research analysts forecast that Exxon Mobil will post 7.43 earnings per share for the current fiscal year.
Exxon Mobil Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Thursday, February 12th will be given a $1.03 dividend. The ex-dividend date is Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.7%. Exxon Mobil’s payout ratio is 61.58%.
Insider Buying and Selling
In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $139.75, for a total transaction of $698,750.00. Following the sale, the vice president owned 23,584 shares in the company, valued at $3,295,864. This trade represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold a total of 16,380 shares of company stock valued at $2,227,734 over the last quarter. 0.03% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Exxon Mobil
Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Exxon Mobil by 0.3% in the second quarter. Vanguard Group Inc. now owns 431,058,875 shares of the oil and gas company’s stock worth $46,468,147,000 after buying an additional 1,111,231 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Exxon Mobil by 0.4% during the second quarter. Geode Capital Management LLC now owns 96,307,931 shares of the oil and gas company’s stock worth $10,345,132,000 after acquiring an additional 342,967 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Exxon Mobil by 2.0% in the 4th quarter. Bank of America Corp DE now owns 75,152,366 shares of the oil and gas company’s stock worth $9,043,836,000 after acquiring an additional 1,457,560 shares during the last quarter. Norges Bank bought a new stake in shares of Exxon Mobil in the 4th quarter worth approximately $7,625,063,000. Finally, Bank of New York Mellon Corp boosted its stake in shares of Exxon Mobil by 1.2% in the 4th quarter. Bank of New York Mellon Corp now owns 46,605,353 shares of the oil and gas company’s stock valued at $5,608,488,000 after purchasing an additional 531,362 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.
More Exxon Mobil News
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Global oil prices have surged above $90/bbl on escalating Middle East tensions and supply cuts, lifting integrated producers’ near‑term cash flow prospects and benefiting XOM. Oil Prices Soar Past $90
- Positive Sentiment: Exxon is actively rerouting fuel and arranging shipments from the U.S. Gulf Coast (including a planned ~600k‑barrel gasoline shipment to Australia), showing operational flexibility to capture higher margins amid regional chokepoints. Exxon Mobil Reroutes Fuel And Revisits Venezuela
- Positive Sentiment: Exxon’s low‑cost growth assets (Permian and Guyana) and low breakeven production profile underpin a stronger medium‑term earnings outlook and justify investor interest during an oil upswing. Key Upstream Assets Fueling ExxonMobil’s Long-Term Outlook
- Positive Sentiment: Some sell‑side support remains—Bernstein reiterated a buy rating—providing institutional endorsement that can sustain investor demand. Bernstein Sticks to Its Buy Rating for Exxon Mobil
- Neutral Sentiment: Macro flows into dividend‑oriented trades (the “HALO” theme and dividend ETFs) are benefiting large, low‑obsolescence names like Exxon as investors seek yield and capital preservation. Investors Are Piling Into the ‘HALO’ Trade
- Neutral Sentiment: Technical analysis pieces warn oil stocks could see short‑term pullbacks after big moves, which raises the risk of volatility despite strong fundamentals. Are Oil Stocks Due for a Drop?
- Negative Sentiment: Insider selling reports have weighed on sentiment and coincided with short‑term weakness in the stock, creating near‑term selling pressure that can temper gains. Exxon Mobil Trading Down After Insider Selling
- Negative Sentiment: Governance changes—including director Jeffrey Ubben not standing for re‑election—add a degree of uncertainty around board composition and investor activism narratives. What Exxon Mobil’s Board Shift and Supply Rerouting Means
- Neutral Sentiment: Broader market noise (ETF/futures moves, an NYSE fine story) is influencing intraday flows but is not specific to Exxon’s fundamentals. NYSE fined $9 million by SEC
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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