Mizuho Issues Positive Forecast for Exxon Mobil (NYSE:XOM) Stock Price

Exxon Mobil (NYSE:XOM) had its price target increased by Mizuho from $140.00 to $162.00 in a research report sent to investors on Tuesday morning,Benzinga reports. Mizuho currently has a neutral rating on the oil and gas company’s stock.

Several other research analysts also recently commented on XOM. Weiss Ratings reiterated a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. BNP Paribas Exane downgraded Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price target on the stock. in a research report on Tuesday, February 3rd. Royal Bank Of Canada upped their target price on shares of Exxon Mobil from $145.00 to $150.00 and gave the company a “sector perform” rating in a research note on Monday, February 2nd. Citigroup increased their target price on shares of Exxon Mobil from $118.00 to $150.00 and gave the company a “neutral” rating in a research note on Monday, March 2nd. Finally, Barclays boosted their price target on Exxon Mobil from $145.00 to $163.00 and gave the company an “overweight” rating in a research note on Monday. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Exxon Mobil presently has an average rating of “Hold” and a consensus price target of $148.35.

Exxon Mobil Trading Up 1.0%

NYSE:XOM opened at $158.86 on Tuesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. The company has a market capitalization of $661.92 billion, a P/E ratio of 23.75, a P/E/G ratio of 1.23 and a beta of 0.35. Exxon Mobil has a 52 week low of $97.80 and a 52 week high of $160.45. The stock’s 50 day moving average price is $143.38 and its 200 day moving average price is $125.38.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business had revenue of $80.04 billion for the quarter, compared to the consensus estimate of $77.98 billion. During the same quarter last year, the firm earned $1.67 EPS. Exxon Mobil’s revenue for the quarter was down 1.3% on a year-over-year basis. On average, research analysts forecast 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. Shareholders of record on Thursday, February 12th were issued a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Thursday, February 12th. Exxon Mobil’s payout ratio is currently 61.58%.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the vice president directly owned 23,584 shares in the company, valued at $3,295,864. This trade represents a 17.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last quarter, insiders have sold 11,460 shares of company stock valued at $1,687,854. 0.03% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Exxon Mobil

A number of large investors have recently made changes to their positions in the company. Eagle Capital Management LLC raised its stake in Exxon Mobil by 15.3% in the 1st quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after purchasing an additional 376 shares in the last quarter. Caxton Associates LLP acquired a new position in shares of Exxon Mobil during the 1st quarter worth approximately $305,000. Sivia Capital Partners LLC grew its position in shares of Exxon Mobil by 1.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock worth $1,211,000 after purchasing an additional 207 shares in the last quarter. Castellan Group increased its holdings in shares of Exxon Mobil by 2.9% during the second quarter. Castellan Group now owns 26,470 shares of the oil and gas company’s stock worth $2,853,000 after purchasing an additional 740 shares during the period. Finally, United Bank increased its holdings in shares of Exxon Mobil by 2.8% during the second quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock worth $2,352,000 after purchasing an additional 600 shares during the period. Institutional investors 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: 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)

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.