Q3 EPS Estimates for Exxon Mobil Boosted by Zacks Research

Exxon Mobil Co. (NYSE:XOM) – Equities researchers at Zacks Research upped their Q3 2026 earnings per share estimates for shares of Exxon Mobil in a research report issued on Tuesday, March 11th. Zacks Research analyst R. Department now forecasts that the oil and gas company will earn $2.11 per share for the quarter, up from their prior estimate of $2.10. The consensus estimate for Exxon Mobil’s current full-year earnings is $7.43 per share. Zacks Research also issued estimates for Exxon Mobil’s Q4 2026 earnings at $2.26 EPS.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same period in the previous year, the firm earned $2.48 EPS.

Several other equities analysts have also issued reports on XOM. BMO Capital Markets decreased their target price on Exxon Mobil from $130.00 to $123.00 and set a “market perform” rating on the stock in a research note on Friday, January 31st. Scotiabank decreased their target price on Exxon Mobil from $145.00 to $140.00 in a research note on Friday, January 31st. Royal Bank of Canada reissued a “sector perform” rating and set a $115.00 target price on shares of Exxon Mobil in a research note on Monday, February 3rd. Truist Financial increased their target price on Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research note on Monday, January 13th. Finally, Bernstein Bank increased their target price on Exxon Mobil from $138.00 to $144.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $129.25.

Exxon Mobil Price Performance

XOM opened at $108.58 on Friday. The stock’s 50-day moving average price is $109.26 and its 200 day moving average price is $113.73. Exxon Mobil has a 12-month low of $103.67 and a 12-month high of $126.34. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The firm has a market cap of $471.14 billion, a price-to-earnings ratio of 13.85, a PEG ratio of 3.02 and a beta of 0.83.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. FMR LLC grew its stake in Exxon Mobil by 0.3% during the 3rd quarter. FMR LLC now owns 151,863,649 shares of the oil and gas company’s stock worth $17,801,457,000 after buying an additional 395,218 shares during the last quarter. Geode Capital Management LLC grew its stake in Exxon Mobil by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 93,299,598 shares of the oil and gas company’s stock worth $10,023,875,000 after buying an additional 1,104,617 shares during the last quarter. Norges Bank purchased a new position in Exxon Mobil during the 4th quarter worth approximately $6,936,737,000. Northern Trust Corp grew its stake in shares of Exxon Mobil by 7.0% in the 4th quarter. Northern Trust Corp now owns 46,017,358 shares of the oil and gas company’s stock valued at $4,950,087,000 after purchasing an additional 2,998,892 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Exxon Mobil by 14.4% in the 4th quarter. Bank of New York Mellon Corp now owns 43,983,110 shares of the oil and gas company’s stock valued at $4,731,263,000 after purchasing an additional 5,538,694 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 2,100 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the transaction, the vice president now owns 18,087 shares in the company, valued at $1,989,570. This trade represents a 10.40 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.03% of the stock is currently owned by company insiders.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were given a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a dividend yield of 3.65%. The ex-dividend date was Wednesday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is presently 50.51%.

About Exxon Mobil

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.