Exxon Mobil (NYSE:XOM) Trading Up 1.8% After Analyst Upgrade

Exxon Mobil Corporation (NYSE:XOM)’s stock price was up 1.8% during trading on Friday after Piper Sandler raised their price target on the stock from $145.00 to $186.00. Piper Sandler currently has an overweight rating on the stock. Exxon Mobil traded as high as $156.89 and last traded at $156.2850. Approximately 22,364,220 shares changed hands during mid-day trading, an increase of 5% from the average daily volume of 21,398,350 shares. The stock had previously closed at $153.53.

Other equities research analysts have also issued research reports about the company. UBS Group reiterated a “buy” rating and issued a $171.00 target price on shares of Exxon Mobil in a research note on Monday, February 2nd. Royal Bank Of Canada boosted their price target on Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Monday, February 2nd. Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a research report on Friday, January 16th. Barclays lifted their price objective on shares of Exxon Mobil from $140.00 to $145.00 and gave the company an “overweight” rating in a research note on Tuesday, February 3rd. Finally, BNP Paribas Exane cut shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 target price on the stock. in a research report on Tuesday, February 3rd. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Exxon Mobil presently has an average rating of “Hold” and a consensus target price of $146.00.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 2,150 shares of Exxon Mobil stock in a transaction that occurred on 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 directly owned 18,204 shares in the company, valued at $2,872,955.28. The trade was a 10.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders sold 16,380 shares of company stock worth $2,227,734. 0.03% of the stock is owned by company insiders.

More Exxon Mobil News

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

• Positive Sentiment: Geopolitical shock: oil prices have jumped on the Iran conflict, lifting market expectations for higher revenue and margins at integrated oil majors like Exxon. Oil Price Back to the Glory Days: Will XOM, EOG & COP Gain?
• Positive Sentiment: Energy-sector rally: coverage notes Exxon and peers rising this week as investors price in a protracted supply disruption, which benefits upstream and refining margins. Why Exxon and Energy Stocks Finally Started to Rise This Week as the Iran War Escalated
• Positive Sentiment: Analyst upgrade/target lift: Piper Sandler raised XOM’s price target to $186 and moved to overweight — a notable bullish signal from a major shop that can attract fund buying. Piper Sandler raises XOM price target
• Positive Sentiment: Macro support: the EIA and other outlets project higher 2026 oil averages and WTI/Brent levels above recent ranges, underpinning earnings upside from Exxon’s Permian and Guyana production. EIA Projects Higher Oil Price in 2026: What Lies Ahead for ExxonMobil?
• Positive Sentiment: Company fundamentals/strategy: Exxon reiterated multi-year growth targets (13% EPS CAGR to 2030 at investor events) and is expanding carbon capture capacity (new Louisiana project, ~3.2 MTA across sites), which supports both near-term cash flow and longer-term positioning. Here’s How XOM is Actively Involved in Improving Air Quality Via CCS
• Neutral Sentiment: S&P attention/outlook shift: coverage highlights Exxon drawing attention in index/rebalancing conversations after an outlook shift — can boost flows but impact is timing-dependent. Exxon Mobil Draws S&P 500 Attention After Outlook Shift
• Negative Sentiment: Policy offset risk: President Trump signaled tapping the Strategic Petroleum Reserve to lower fuel costs — a move that could blunt crude’s rally and reduce upside for Exxon if implemented at scale. Iran war: Trump says he’ll tap Strategic Petroleum Reserve to cut energy costs
• Negative Sentiment: Market volatility/consumer pushback: broader equity market drops and commentary that high oil prices won’t immediately trigger more drilling inject uncertainty into capital allocation and cyclical demand trends. Markets are reeling from high oil prices. But that doesn’t mean more drilling.

Institutional Trading of Exxon Mobil

Several institutional investors have recently added to or reduced their stakes in XOM. Lane Brothers & Co. Inc. bought a new position in Exxon Mobil during the 4th quarter valued at $324,000. Fund Advisors of America Inc FL acquired a new position in Exxon Mobil during the 4th quarter worth $1,481,000. Demming Financial Services Corp ADV bought a new stake in shares of Exxon Mobil in the 4th quarter worth about $415,000. Vericrest Private Wealth acquired a new stake in shares of Exxon Mobil in the 4th quarter valued at about $361,000. Finally, Winthrop Partners WNY LLC acquired a new stake in shares of Exxon Mobil in the 4th quarter valued at about $285,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Stock Up 1.8%

The firm has a market cap of $651.20 billion, a P/E ratio of 23.36, a PEG ratio of 1.26 and a beta of 0.35. The firm’s 50-day moving average price is $141.99 and its 200 day moving average price is $124.59. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data 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. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The firm had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. During the same period in the previous year, the company earned $1.67 earnings per share. Exxon Mobil’s quarterly revenue was down 1.3% on a year-over-year basis. On average, equities research analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Thursday, February 12th. Exxon Mobil’s payout ratio 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.