Brokers Set Expectations for Exxon Mobil FY2026 Earnings

Exxon Mobil Corporation (NYSE:XOM) – Investment analysts at Zacks Research upped their FY2026 earnings per share (EPS) estimates for Exxon Mobil in a research note issued to investors on Wednesday, December 10th. Zacks Research analyst Team now forecasts that the oil and gas company will post earnings per share of $7.08 for the year, up from their prior estimate of $7.07. The consensus estimate for Exxon Mobil’s current full-year earnings is $7.43 per share.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. The business had revenue of $57.55 billion for the quarter. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%.

Other research analysts have also recently issued research reports about the stock. Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a research note on Monday, November 3rd. TD Cowen raised their price target on Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a report on Friday, December 12th. Melius Research began coverage on Exxon Mobil in a research note on Wednesday, August 20th. They issued a “hold” rating and a $111.00 price objective on the stock. Citigroup increased their target price on Exxon Mobil from $115.00 to $118.00 and gave the stock a “neutral” rating in a report on Wednesday, December 10th. Finally, UBS Group reiterated a “buy” rating on shares of Exxon Mobil in a research report on Tuesday, December 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and thirteen have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $129.45.

Exxon Mobil Price Performance

NYSE:XOM opened at $114.77 on Monday. The company has a quick ratio of 0.79, a current ratio of 1.14 and a debt-to-equity ratio of 0.12. The firm has a market cap of $484.00 billion, a PE ratio of 16.68, a price-to-earnings-growth ratio of 7.42 and a beta of 0.38. Exxon Mobil has a 12 month low of $97.80 and a 12 month high of $120.81. The company’s 50-day moving average price is $115.68 and its two-hundred day moving average price is $112.48.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of XOM. Linscomb Wealth Inc. boosted its holdings in shares of Exxon Mobil by 1.4% in the 2nd quarter. Linscomb Wealth Inc. now owns 389,769 shares of the oil and gas company’s stock worth $42,017,000 after purchasing an additional 5,527 shares in the last quarter. Jones Financial Companies Lllp lifted its position in Exxon Mobil by 52.3% in the 1st quarter. Jones Financial Companies Lllp now owns 382,989 shares of the oil and gas company’s stock worth $45,149,000 after buying an additional 131,600 shares during the last quarter. Capital Counsel LLC NY boosted its stake in Exxon Mobil by 0.9% in the second quarter. Capital Counsel LLC NY now owns 49,687 shares of the oil and gas company’s stock worth $5,356,000 after buying an additional 460 shares in the last quarter. OneAscent Wealth Management LLC grew its position in Exxon Mobil by 116.7% during the second quarter. OneAscent Wealth Management LLC now owns 7,657 shares of the oil and gas company’s stock valued at $825,000 after acquiring an additional 4,123 shares during the last quarter. Finally, Wealth Management Associates Inc. raised its stake in shares of Exxon Mobil by 2.7% during the first quarter. Wealth Management Associates Inc. now owns 26,461 shares of the oil and gas company’s stock worth $3,147,000 after acquiring an additional 691 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 3,000 shares of Exxon Mobil stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $118.75, for a total value of $356,250.00. Following the completion of the sale, the vice president directly owned 31,584 shares in the company, valued at $3,750,600. This trade represents a 8.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 3.6%. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date of this dividend was Friday, November 14th. Exxon Mobil’s payout ratio is currently 59.88%.

Exxon Mobil Company Profile

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.