Exxon Mobil (NYSE:XOM) Trading 1.3% Higher After Analyst Upgrade

Exxon Mobil Corporation (NYSE:XOM) shot up 1.3% during trading on Thursday 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 $155.00 and last traded at $153.53. 25,990,067 shares changed hands during mid-day trading, an increase of 21% from the average session volume of 21,392,000 shares. The stock had previously closed at $151.58.

A number of other equities research analysts have also recently issued reports on XOM. Wells Fargo & Company reduced their target price on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating for the company in a research report on Monday, February 2nd. Barclays raised their price target on shares of Exxon Mobil from $140.00 to $145.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 3rd. Royal Bank Of Canada lifted their price objective on shares of Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research note on Monday, February 2nd. Jefferies Financial Group increased their target price on shares of Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Finally, UBS Group reaffirmed a “buy” rating and set a $171.00 target price on shares of Exxon Mobil in a report on Monday, February 2nd. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $146.00.

Insider Activity

In related news, VP Darrin L. Talley sold 2,150 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $157.82, for a total value of $339,313.00. Following the transaction, the vice president owned 18,204 shares in the company, valued at approximately $2,872,955.28. This trade represents a 10.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders sold 16,380 shares of company stock worth $2,227,734. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil News Summary

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

• Positive Sentiment: Geopolitical supply shock: Oil & gas producers (including Exxon) hit record market values as the Iran war and Strait of Hormuz tensions force traders to reprice supply risk, supporting integrated majors’ earnings and refining margins. Article Title
• Positive Sentiment: Iran leadership rhetoric: Iran’s new supreme leader said the Strait of Hormuz should remain a pressure tool — comments that raise near‑term supply risk and underpin higher oil prices. Article Title
• Positive Sentiment: Analyst upgrade: Piper Sandler raised its XOM price target to $186 and reiterated an overweight rating — a catalyst for buying and a formal upside signal to investors. Article Title
• Positive Sentiment: Macro price support: The EIA projects higher 2026 oil averages and WTI topping $90 — a backdrop that supports Exxon’s Permian and Guyana production growth and margin outlook. Article Title
• Positive Sentiment: Market tone from peers: Saudi Aramco’s CEO warned the Iran war could have “catastrophic” market consequences, which reinforces risk‑premium in prices and benefits large integrated producers like Exxon. Article Title
• Positive Sentiment: Company outlook: Exxon presented a target of ~13% CAGR in earnings through 2030 at an investor conference — a direct bullish signal for medium‑term earnings and shareholder return expectations. Article Title
• Neutral Sentiment: Commercial execution: Reuters/Yahoo report Exxon prepared a ~300k‑barrel gasoline shipment from the U.S. Gulf Coast to Australia — a sign of global marketing flexibility but limited near‑term earnings impact. Article Title
• Neutral Sentiment: Investor activity: Surge in options flow and commentary about valuation/dividend popularity suggest increased short‑term trading and interest, which can amplify moves but is not a fundamentals shift. Article Title
• Negative Sentiment: Policy risk: President Trump said he would tap the Strategic Petroleum Reserve to lower energy costs — a move that could dampen crude prices and counter some upside for Exxon if implemented at scale. Article Title

Institutional Investors Weigh In On Exxon Mobil

A number of large investors have recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Exxon Mobil during the 4th quarter worth $7,625,063,000. First Trust Advisors LP grew its position in Exxon Mobil by 150.2% in the second quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock valued at $819,560,000 after acquiring an additional 4,563,707 shares during the last quarter. Cerity Partners LLC grew its position in Exxon Mobil by 200.7% in the second quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock valued at $217,162,000 after acquiring an additional 4,015,099 shares during the last quarter. Laurel Wealth Advisors LLC raised its stake in Exxon Mobil by 10,809.8% during the second quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock worth $333,652,000 after acquiring an additional 3,066,736 shares in the last quarter. Finally, Franklin Resources Inc. lifted its holdings in shares of Exxon Mobil by 7.4% in the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock worth $4,366,655,000 after acquiring an additional 2,660,910 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Price Performance

The business’s fifty day moving average price is $141.31 and its 200 day moving average price is $124.28. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The stock has a market cap of $639.72 billion, a P/E ratio of 22.95, a PEG ratio of 1.24 and a beta of 0.35.

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. The company 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 firm’s revenue was down 1.3% on a year-over-year basis. During the same period in the previous year, the firm posted $1.67 EPS. Sell-side analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were issued a dividend of $1.03 per share. The ex-dividend date was Thursday, February 12th. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. Exxon Mobil’s dividend payout ratio is 61.58%.

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.