Exxon Mobil (NYSE:XOM) Given New $163.00 Price Target at Barclays

Exxon Mobil (NYSE:XOM) had its price target lifted by Barclays from $145.00 to $163.00 in a report published on Monday,Benzinga reports. Barclays currently has an overweight rating on the oil and gas company’s stock.

Several other analysts have also issued reports on the stock. 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 report on Monday, February 2nd. Morgan Stanley cut their target price on Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. Loop Capital set a $123.00 target price on Exxon Mobil in a report on Tuesday, February 3rd. Piper Sandler lifted their price target on Exxon Mobil from $145.00 to $186.00 and gave the company an “overweight” rating in a research note on Thursday, March 12th. Finally, Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a report on Friday, January 16th. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $147.06.

Exxon Mobil Trading Up 0.7%

XOM opened at $157.28 on Monday. The stock has a market capitalization of $655.33 billion, a price-to-earnings ratio of 23.51, a P/E/G ratio of 1.22 and a beta of 0.35. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. Exxon Mobil has a twelve month low of $97.80 and a twelve month high of $159.60. The company has a 50-day simple moving average of $142.63 and a 200 day simple moving average of $125.07.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.63 by $0.08. The firm had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same period last year, the firm earned $1.67 EPS. Analysts predict that Exxon Mobil will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were paid a $1.03 dividend. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.6%. Exxon Mobil’s dividend payout ratio is presently 61.58%.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,150 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $157.82, for a total transaction of $339,313.00. Following the completion of the transaction, the vice president directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 13,380 shares of company stock valued at $1,871,484 in the last quarter. Company insiders own 0.03% of the company’s stock.

Institutional Investors Weigh In On Exxon Mobil

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

Exxon Mobil News Summary

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

• Positive Sentiment: Barclays raised its price target on XOM to $163 and kept an Overweight rating, citing tighter oil market assumptions that support higher near‑term earnings expectations. Barclays Lifts PT
• Positive Sentiment: Piper Sandler also lifted its target (reported by several outlets), calling Exxon one of the best large‑cap energy picks as supply tightness boosts upside potential. This reinforces buy-side momentum. Piper Sandler Raise
• Positive Sentiment: Energy sector strength and rising oil (WTI briefly >$100) amid disruptions in the Strait of Hormuz are supporting integrated producers like Exxon, improving near‑term revenue and cash‑flow outlooks. Sector Update
• Positive Sentiment: Multiple media pieces highlight XOM as a blue‑chip energy buy and note Exxon’s strong shareholder returns (large buybacks/dividend increases), which supports investor demand for the stock in a higher‑price environment. Fool Blue‑Chip Article
• Positive Sentiment: Commentary from market strategists highlights Exxon as a top pick among dividend‑paying energy names if volatility continues; such endorsement can attract income‑seeking flows. YouTube Commentary
• Neutral Sentiment: Exxon has re‑routed gasoline shipments (e.g., to Australia) to manage supply disruptions and announced plans to move its legal HQ to Texas — operationally sensible but not immediately earnings‑material. Company Operational Moves

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.