Exxon Mobil (NYSE:XOM) Shares Down 4.7% Following Analyst Downgrade

Exxon Mobil Corporation (NYSE:XOM)’s stock price was down 4.7% during trading on Wednesday after Wolfe Research lowered their price target on the stock from $158.00 to $153.00. Wolfe Research currently has an outperform rating on the stock. Exxon Mobil traded as low as $150.98 and last traded at $156.18. Approximately 31,245,099 shares traded hands during mid-day trading, an increase of 37% from the average daily volume of 22,860,344 shares. The stock had previously closed at $163.91.

A number of other equities analysts have also commented on the stock. UBS Group reissued a “buy” rating and issued a $171.00 price target on shares of Exxon Mobil in a research report on Monday, February 2nd. Scotiabank raised shares of Exxon Mobil to a “strong-buy” rating in a research report on Friday, March 27th. BMO Capital Markets reaffirmed a “market perform” rating and set a $155.00 target price on shares of Exxon Mobil in a research report on Wednesday, February 4th. Wells Fargo & Company dropped their target price on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a research report on Monday, February 2nd. Finally, Morgan Stanley boosted their target price on shares of Exxon Mobil from $134.00 to $172.00 and gave the stock an “overweight” rating in a research report on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $152.42.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the transaction, the vice president owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. The trade was a 17.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have sold a total of 11,460 shares of company stock worth $1,687,854 over the last 90 days. Insiders own 0.03% 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

Institutional Investors Weigh In On Exxon Mobil

Institutional investors and hedge funds have recently bought and sold shares of the business. Berbice Capital Management LLC bought a new stake in Exxon Mobil in the 4th quarter valued at $26,000. Midwest Capital Advisors LLC bought a new stake in Exxon Mobil in the 4th quarter valued at $27,000. E Fund Management Hong Kong Co. Ltd. increased its holdings in Exxon Mobil by 456.1% in 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 buying an additional 187 shares during the period. Key Capital Management INC bought a new stake in Exxon Mobil in the 4th quarter valued at $28,000. Finally, Westfuller Advisors LLC bought a new stake in Exxon Mobil in the 3rd quarter valued at $30,000. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Price Performance

The stock has a market cap of $650.76 billion, a P/E ratio of 23.35, a price-to-earnings-growth ratio of 1.11 and a beta of 0.29. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The company’s fifty day simple moving average is $154.00 and its 200-day simple moving average is $130.93.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results 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. 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 for the quarter, compared to analyst estimates of $77.98 billion. During the same quarter in the previous year, the firm posted $1.67 EPS. The business’s revenue for the quarter was down 1.3% on a year-over-year basis. As a group, sell-side analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders 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 dividend yield of 2.6%. Exxon Mobil’s dividend payout ratio is presently 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.