Exxon Mobil (NYSE:XOM – Get Free Report) had its target price lifted by analysts at Piper Sandler from $145.00 to $186.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the oil and gas company’s stock. Piper Sandler’s target price indicates a potential upside of 20.53% from the stock’s previous close.
Several other analysts also recently commented on XOM. Bank of America raised their price objective on shares of Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research report on Monday, March 2nd. Zacks Research upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. BNP Paribas Exane lowered shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 target price on the stock. in a research note on Tuesday, February 3rd. Sanford C. Bernstein decreased their price target on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Finally, Mizuho set a $140.00 price objective on shares of Exxon Mobil in a report on Wednesday, February 4th. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Exxon Mobil currently has an average rating of “Hold” and an average target price of $146.00.
Check Out Our Latest Stock Report on XOM
Exxon Mobil Trading Up 1.8%
Exxon Mobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.08. The business had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. Exxon Mobil’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.67 earnings per share. As a group, equities analysts forecast that Exxon Mobil will post 7.43 EPS for the current fiscal year.
Insider Buying and Selling
In other Exxon Mobil news, VP Darrin L. Talley sold 2,150 shares of the company’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $157.82, for a total transaction of $339,313.00. Following the transaction, the vice president owned 18,204 shares in the company, valued at approximately $2,872,955.28. This represents a 10.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last three months, insiders have sold 16,380 shares of company stock worth $2,227,734. Insiders own 0.03% of the company’s stock.
Institutional Investors Weigh In On Exxon Mobil
Hedge funds and other institutional investors have recently made changes to their positions in the business. Berbice Capital Management LLC purchased a new stake in shares of Exxon Mobil in the fourth quarter worth approximately $26,000. Midwest Capital Advisors LLC purchased a new position in shares of Exxon Mobil during the fourth quarter valued at approximately $27,000. E Fund Management Hong Kong Co. Ltd. grew its holdings in Exxon Mobil by 456.1% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock worth $27,000 after buying an additional 187 shares in the last quarter. Key Capital Management INC purchased a new stake in Exxon Mobil in the 4th quarter valued at $28,000. Finally, Westfuller Advisors LLC purchased a new stake in Exxon Mobil in the 3rd quarter valued at $30,000. 61.80% of the stock is owned by institutional investors.
Key Headlines Impacting Exxon Mobil
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Heightened Middle East supply risk — Iran’s new supreme leader said the Strait of Hormuz “must remain closed as a tool to pressure the enemy,” keeping near-term oil-supply disruption risk elevated, which supports higher crude prices and benefits integrated producers like Exxon. Strait of Hormuz must remain closed as ‘tool to pressure enemy,’ Iran’s new supreme leader says
- Positive Sentiment: Industry warning of severe disruption — Saudi Aramco’s CEO warned an Iran war would have “catastrophic consequences” for oil markets, supporting risk premia in oil prices that lift Exxon’s upstream margins and cash flow. Saudi Aramco CEO Warns “Iran war will have ‘catastrophic consequences’ for global oil market”
- Positive Sentiment: Company guidance supports upside — Exxon presented a plan targeting ~13% compound annual earnings growth through 2030 at the Morgan Stanley Energy & Power Conference, signaling sustained cash-flow growth to fund buybacks, capex and the dividend. That outlook underpins investor confidence. Exxon Mobil Corporation (XOM) Targets 13% Earnings Growth Through 2030
- Positive Sentiment: Commercial execution — Reuters-sourced reports show Exxon arranging its first Gulf Coast gasoline shipment to Australia (~300,000 barrels), demonstrating global refining/trading flexibility and commercial upside for refined-product margins. Exxon (XOM) To Take Its First Fuel Supply From the US Gulf Coast To Australia, According To Sources
- Positive Sentiment: Short-interest decline & options activity — Large drop in short interest and a recent surge in options flow suggest reduced bearish pressure and elevated investor positioning around XOM. This technical backdrop can amplify rallies. Spotlight on Exxon Mobil: Analyzing the Surge in Options Activity
- Neutral Sentiment: Corporate move could affect valuation — Exxon’s planned legal domiciling move from New Jersey to Texas was reported; this may have governance and tax/filing implications that investors will monitor but shouldn’t change near-term fundamentals. Exxon Mobil Texas Domicile Move And What It May Mean For Valuation
- Neutral Sentiment: Valuation debate continues — Analysts and commentators note a strong multi-quarter rally (~40% from lows) and premium multiples; investors are weighing high cash flows versus stretched valuation. What Fueled The 40% Rally In XOM Stock?
- Negative Sentiment: Policy risk — President Trump said he would tap the U.S. Strategic Petroleum Reserve to lower energy costs, which could cap crude/gas prices and blunt some near-term upside to Exxon’s earnings if implemented at scale. Iran war: Trump says he’ll tap Strategic Petroleum Reserve to cut energy costs
- Negative Sentiment: Short-term market swings — Energy-sector intraday volatility and occasional pullbacks have led to days where XOM underperforms the market; investors should expect volatility tied to geopolitical headlines and policy moves. Exxon Mobil (XOM) Declines More Than Market: Some Information for Investors
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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