Exxon Mobil Corporation (NYSE:XOM – Get Free Report) saw a significant drop in short interest in February. As of February 27th, there was short interest totaling 48,374,573 shares, a drop of 18.8% from the February 12th total of 59,561,175 shares. Based on an average daily trading volume, of 19,691,263 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.2% of the shares of the company are sold short. Approximately 1.2% of the shares of the company are sold short. Based on an average daily trading volume, of 19,691,263 shares, the days-to-cover ratio is currently 2.5 days.
Insider Activity
In related news, VP Darrin L. Talley sold 1,080 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $155.50, for a total value of $167,940.00. Following the transaction, the vice president directly owned 17,124 shares in the company, valued at approximately $2,662,782. This represents a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 14,460 shares of company stock valued at $2,039,424 over the last three months. Insiders own 0.03% of the company’s stock.
Hedge Funds Weigh In On Exxon Mobil
A number of hedge funds have recently modified their holdings of XOM. Norges Bank acquired a new stake in shares of Exxon Mobil in the fourth quarter valued at about $7,625,063,000. First Trust Advisors LP lifted its stake in shares of 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 worth $819,560,000 after acquiring an additional 4,563,707 shares during the period. Cerity Partners LLC lifted its stake in shares of 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 worth $217,162,000 after acquiring an additional 4,015,099 shares during the period. Laurel Wealth Advisors LLC boosted its holdings in Exxon Mobil by 10,809.8% in the second quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock valued at $333,652,000 after acquiring an additional 3,066,736 shares during the last quarter. Finally, Franklin Resources Inc. increased its position in Exxon Mobil by 7.4% during the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock valued at $4,366,655,000 after purchasing an additional 2,660,910 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.
Trending Headlines about Exxon Mobil
- 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)
Exxon Mobil Price Performance
Shares of XOM traded up $1.63 during trading hours on Tuesday, reaching $158.86. The stock had a trading volume of 21,582,150 shares, compared to its average volume of 21,326,758. The stock 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 has a 12 month low of $97.80 and a 12 month high of $160.45. 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’s 50-day moving average is $142.63 and its two-hundred day moving average is $125.07.
Exxon Mobil (NYSE:XOM – Get Free Report) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.63 by $0.08. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The firm had revenue of $80.04 billion during the quarter, compared to the consensus estimate of $77.98 billion. During the same period last year, the company earned $1.67 earnings per share. The business’s quarterly revenue was down 1.3% on a year-over-year basis. Research analysts expect that Exxon Mobil will post 7.43 EPS for the current year.
Exxon Mobil Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were given a dividend of $1.03 per share. The ex-dividend date was Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.6%. Exxon Mobil’s dividend payout ratio (DPR) is currently 61.58%.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on XOM. Zacks Research upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. Sanford C. Bernstein dropped their price objective on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a report on Monday, January 5th. BMO Capital Markets reissued a “market perform” rating and set a $155.00 target price on shares of Exxon Mobil in a report on Wednesday, February 4th. Loop Capital set a $123.00 price objective on shares of Exxon Mobil in a research report on Tuesday, February 3rd. Finally, Barclays boosted their target price on shares of Exxon Mobil from $145.00 to $163.00 and gave the company an “overweight” rating in a research report on Monday. Nine research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $148.35.
Get Our Latest Analysis on XOM
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.
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