Exxon Mobil (NYSE:XOM) Price Target Lowered to $153.00 at Wolfe Research

Exxon Mobil (NYSE:XOM) had its target price cut by Wolfe Research from $158.00 to $153.00 in a research report sent to investors on Wednesday,Benzinga reports. They currently have an outperform rating on the oil and gas company’s stock.

Several other research firms have also commented on XOM. Barclays upped their price target on shares of Exxon Mobil from $145.00 to $163.00 and gave the stock an “overweight” rating in a research report on Monday, March 16th. BNP Paribas Exane lowered shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price target for the company. in a research report on Tuesday, February 3rd. Piper Sandler upped their price target on shares of Exxon Mobil from $145.00 to $186.00 and gave the stock an “overweight” rating in a research report on Thursday, March 12th. Zacks Research upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. Finally, Royal Bank Of Canada upped 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. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $152.42.

Exxon Mobil Stock Down 4.7%

XOM stock opened at $156.18 on Wednesday. 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 has a 1-year low of $97.80 and a 1-year high of $176.41. The firm has a fifty day moving average price of $154.00 and a two-hundred day moving average price of $130.93. The firm has a market cap of $650.76 billion, a price-to-earnings ratio of 23.35, a PEG ratio of 1.11 and a beta of 0.29.

Exxon Mobil (NYSE:XOM) last released 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. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The firm had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. During the same quarter in the previous year, the firm earned $1.67 earnings per share. The firm’s revenue for the quarter was down 1.3% compared to the same quarter last year. Research analysts predict that Exxon Mobil will post 7.43 EPS for the current 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 issued 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 related news, VP Darrin L. Talley sold 1,080 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $155.50, for a total value of $167,940.00. Following the completion of the sale, the vice president owned 17,124 shares of the company’s stock, valued at $2,662,782. This represents a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders have sold a total of 11,460 shares of company stock valued at $1,687,854 over the last three months. Corporate insiders own 0.03% of the company’s stock.

Institutional Investors Weigh In On Exxon Mobil

Several institutional investors have recently bought and sold shares of the stock. McAlvany Wealth Management LLC acquired a new stake in Exxon Mobil in the fourth quarter worth about $1,126,000. J. Derek Lewis & Associates Inc. acquired a new stake in Exxon Mobil in the fourth quarter worth about $462,000. Purpose Unlimited Inc. acquired a new stake in Exxon Mobil in the fourth quarter worth about $1,727,000. Cornerstone Planning LLC acquired a new stake in Exxon Mobil in the fourth quarter worth about $3,371,000. Finally, Rockefeller Capital Management L.P. lifted its holdings in Exxon Mobil by 2.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,923,940 shares of the oil and gas company’s stock worth $231,527,000 after purchasing an additional 43,460 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

More Exxon Mobil News

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

• Positive Sentiment: Exxon said higher oil & gas prices from the Iran war could lift Q1 upstream earnings by as much as $2.9B, a near‑term earnings tailwind that supports cash flow and dividends. Exxon signals Q1 upstream profit bump
• Positive Sentiment: Exxon’s helium position (LaBarge) and recent analyst estimate increases (Erste raising FY2026/27 EPS) create structural upside outside oil — a diversification positive if helium/LNG tightness persists. Analyst estimates/LaBarge helium
• Neutral Sentiment: Wolfe Research maintained a Buy but trimmed its price target modestly (from $158 to $153), a small analyst move that partly tempers buy-side conviction. Wolfe Research price target change
• Negative Sentiment: Exxon disclosed ~6% of global Q1 production was knocked out by Middle East conflict (assets in Qatar/UAE affected), directly cutting volumes and near-term revenue. Exxon sees 6% output shut
• Negative Sentiment: Company warnings estimate upstream earnings hit of $300M–$500M and energy products (downstream) impacts up to ~$300M in Q1, adding earnings uncertainty despite oil price strength. Q1 hit warning
• Negative Sentiment: Operational downtime: planned spring and year‑end overhauls at the 612k bpd Beaumont, TX refinery add short‑term refining downtime and margin risk. Beaumont refinery overhauls
• Negative Sentiment: Market/technical pressure: a tentative break below the 50‑day moving average and the broader sector pullback after a US‑Iran ceasefire lifted general equities (which reduced the oil-risk premium) have prompted traders to trim energy positions. Technical/50-day MA story

Exxon Mobil Company Profile

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.