Exxon Mobil (NYSE:XOM) Shares Up 1% After Analyst Upgrade

Shares of Exxon Mobil Corporation (NYSE:XOM) rose 1% on Tuesday after Mizuho raised their price target on the stock from $140.00 to $162.00. Mizuho currently has a neutral rating on the stock. Exxon Mobil traded as high as $160.45 and last traded at $158.8580. Approximately 21,505,521 shares changed hands during mid-day trading, an increase of 0% from the average daily volume of 21,443,465 shares. The stock had previously closed at $157.23.

Several other analysts have also recently issued reports on the stock. Sanford C. Bernstein decreased their target price on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. BMO Capital Markets restated a “market perform” rating and set a $155.00 price objective on shares of Exxon Mobil in a research report on Wednesday, February 4th. BNP Paribas Exane lowered shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 target price for the company. in a report on Tuesday, February 3rd. Zacks Research raised shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. Finally, Jefferies Financial Group increased their price objective 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. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $148.35.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 5,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the completion of the sale, the vice president owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. This represents a 17.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last 90 days, insiders have sold 11,460 shares of company stock worth $1,687,854. Insiders own 0.03% of the company’s stock.

Trending Headlines about Exxon Mobil

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

• Positive Sentiment: Geopolitical risk lifted crude above $100/bbl, supporting energy names and Exxon’s revenue outlook in the near term — supply concerns around the Strait of Hormuz drove the rally. Oil jumps over 2% as doubts linger over U.S.-backed plan to protect Strait of Hormuz shipping
• Positive Sentiment: Barclays reiterated a buy/overweight stance and raised its price target (boosting bullish analyst momentum), which supports further upside expectations. Barclays Sticks to Their Buy Rating for Exxon Mobil (XOM)
• Positive Sentiment: Multiple analyst upgrades and target increases have pushed XOM toward 52-week highs, reinforcing momentum and investor interest in the stock. Exxon Mobil stock climbs following dual analyst upgrades
• Neutral Sentiment: Mizuho raised its price target to $162 but kept a “neutral” rating — a modest positive for price target consensus but not a directional buy signal. Mizuho raises price target to $162
• Neutral Sentiment: Broad market leadership and S&P momentum have helped lift XOM alongside other energy stocks, meaning some of the move is market-driven rather than company-specific. The biggest things driving the S&P 500 higher despite $103 oil
• Neutral Sentiment: Coverage pieces highlighting Exxon’s role in the S&P 500 and dividend appeal reinforce long-term investor interest but are less likely to move the stock immediately. Exxon Mobil mapping its reach across the S&P 500
• Negative Sentiment: An insider sale: VP Darrin L. Talley sold 1,080 shares — a small disclosure but some investors watch insider selling for signal of near-term conviction. SEC filing for insider sale
• Negative Sentiment: A critical analyst note (downgrade/negative take) warned about Exxon potentially being a “latecomer” to some energy opportunities, which could caution momentum traders. Exxon Mobil: Avoid Being The Latecomer To The Energy Party (Downgrade)

Institutional Trading of Exxon Mobil

Several hedge funds have recently made changes to their positions in XOM. Vanguard Group Inc. lifted its holdings in Exxon Mobil by 0.3% in the second quarter. Vanguard Group Inc. now owns 431,058,875 shares of the oil and gas company’s stock valued at $46,468,147,000 after acquiring an additional 1,111,231 shares during the last quarter. Bank of America Corp DE increased its stake in Exxon Mobil by 2.0% during the fourth quarter. Bank of America Corp DE now owns 75,152,366 shares of the oil and gas company’s stock worth $9,043,836,000 after acquiring an additional 1,457,560 shares during the last quarter. Norges Bank purchased a new stake in Exxon Mobil in the fourth quarter valued at $7,625,063,000. Bank of New York Mellon Corp lifted its stake in shares of Exxon Mobil by 1.2% in the 4th quarter. Bank of New York Mellon Corp now owns 46,605,353 shares of the oil and gas company’s stock valued at $5,608,488,000 after purchasing an additional 531,362 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in shares of Exxon Mobil by 1.0% in the 3rd quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock valued at $4,963,934,000 after purchasing an additional 445,283 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Up 1.0%

The business has a fifty day moving average price of $143.38 and a two-hundred day moving average price of $125.38. 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 firm has a market capitalization of $661.92 billion, a PE ratio of 23.75, a PEG ratio of 1.23 and a beta of 0.35.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data 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 period in the previous year, the firm earned $1.67 EPS. Exxon Mobil’s revenue was down 1.3% on a year-over-year basis. Analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were paid 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 of this dividend 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.