ExxonMobil FY2026 EPS Estimate Decreased by Erste Group Bank

ExxonMobil Corporation (NYSE:XOM) – Equities researchers at Erste Group Bank cut their FY2026 earnings per share estimates for ExxonMobil in a research note issued to investors on Wednesday, July 15th. Erste Group Bank analyst H. Engel now anticipates that the oil and gas company will post earnings per share of $11.00 for the year, down from their previous estimate of $11.32. The consensus estimate for ExxonMobil’s current full-year earnings is $11.38 per share.

ExxonMobil (NYSE:XOM) last released its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.18. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The company had revenue of $83.16 billion during the quarter, compared to analyst estimates of $81.13 billion. During the same period in the prior year, the firm earned $1.76 earnings per share. The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year.

Several other brokerages have also recently weighed in on XOM. Zacks Research cut shares of ExxonMobil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Morgan Stanley reduced their price objective on shares of ExxonMobil from $171.00 to $168.00 and set an “overweight” rating for the company in a research note on Monday, June 29th. Scotiabank upped their target price on ExxonMobil from $128.00 to $163.00 and gave the stock a “sector outperform” rating in a report on Wednesday, April 22nd. TD Cowen dropped their target price on ExxonMobil from $172.00 to $155.00 and set a “buy” rating on the stock in a research report on Thursday, July 2nd. Finally, Wells Fargo & Company lifted their price target on ExxonMobil from $183.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, ExxonMobil presently has a consensus rating of “Moderate Buy” and an average target price of $164.45.

ExxonMobil Trading Up 0.8%

NYSE XOM opened at $148.50 on Monday. ExxonMobil has a one year low of $105.53 and a one year high of $176.41. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.77 and a current ratio of 1.04. The company has a market capitalization of $615.50 billion, a price-to-earnings ratio of 25.04, a price-to-earnings-growth ratio of 0.61 and a beta of 0.17. The company’s 50-day simple moving average is $145.76 and its two-hundred day simple moving average is $146.68.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Berbice Capital Management LLC purchased a new stake in shares of ExxonMobil during the 4th quarter valued at $26,000. Midwest Capital Advisors LLC purchased a new position in ExxonMobil during the 4th quarter worth $27,000. E Fund Management Hong Kong Co. Ltd. increased its position in ExxonMobil by 456.1% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock valued at $27,000 after buying an additional 187 shares in the last quarter. Key Capital Management INC acquired a new position in ExxonMobil during the 4th quarter valued at about $28,000. Finally, Nvest Wealth Strategies Inc. purchased a new stake in ExxonMobil in the fourth quarter valued at about $32,000. Institutional investors own 61.80% of the company’s stock.

ExxonMobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were given a $1.03 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.8%. ExxonMobil’s payout ratio is presently 69.48%.

ExxonMobil Company Profile

ExxonMobil 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.