Exxon Mobil (NYSE:XOM) Trading 2.7% Higher Following Analyst Upgrade

Exxon Mobil Corporation (NYSE:XOMGet Free Report)’s stock price was up 2.7% during mid-day trading on Wednesday after Zacks Research upgraded the stock from a strong sell rating to a hold rating. The company traded as high as $147.84 and last traded at $147.58. Approximately 29,171,931 shares traded hands during mid-day trading, an increase of 35% from the average daily volume of 21,681,975 shares. The stock had previously closed at $143.73.

XOM has been the subject of several other research reports. Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a report on Friday, January 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Exxon Mobil in a research note on Monday, December 29th. Barclays boosted their price target on shares of Exxon Mobil from $140.00 to $145.00 and gave the company an “overweight” rating in a research report on Tuesday. TD Cowen raised their price objective on shares of Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Bank of America boosted their target price on shares of Exxon Mobil from $129.00 to $135.00 and gave the company a “neutral” rating in a report on Wednesday, January 28th. Nine equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $140.59.

Read Our Latest Report on Exxon Mobil

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the completion of the transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at $3,295,864. This trade represents a 17.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders have sold 11,000 shares of company stock valued at $1,406,570. Corporate insiders own 0.03% of the company’s stock.

Key Exxon Mobil News

Here are the key news stories impacting Exxon Mobil this week:

  • Positive Sentiment: Exxon reported a solid Q4 and continues operational execution (Permian/Guyana strength) that underpins longer‑term guidance and buyback plans — a core bullish argument for investors. The Bull Case For Exxon Mobil
  • Positive Sentiment: Company has started up a new unit at its Baytown complex — adds near‑term downstream capacity/efficiency and is a tangible operational catalyst. Exxon Mobil starts up new Baytown unit
  • Positive Sentiment: Recent analyst upgrades/raise headlines (TD Cowen, Jefferies, Evercore maintaining buy) have supported upside and lifted XOM to a near 1‑year high earlier in the week. Analyst Upgrade / 1-Year High
  • Neutral Sentiment: Wells Fargo trimmed its price target slightly to $156 but kept an overweight rating — a mild signal that models are being adjusted rather than a change to conviction. Wells Fargo PT Update
  • Neutral Sentiment: Market commentary highlights Exxon’s central role in energy ETFs and the sector’s broader tailwinds (gas drawdowns, rising oil demand forecasts), which provide context but aren’t immediate stock‑specific catalysts. S&P 500 ETF Lens on Exxon
  • Negative Sentiment: BNP Paribas Exane downgraded XOM to “underperform” with a lower target — that more bearish call is likely pressuring sentiment and capping near‑term upside. BNP Paribas Downgrade
  • Negative Sentiment: Insider sale: VP Darrin Talley sold 5,000 shares (disclosed), which some traders interpret as a weak near‑term signal even though insiders sell for many reasons. Insider Sale Filing

Hedge Funds Weigh In On Exxon Mobil

Institutional investors have recently added to or reduced their stakes in the business. Maryland State Retirement & Pension System increased its stake in Exxon Mobil by 2.6% in the 3rd quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock worth $24,342,000 after buying an additional 5,573 shares in the last quarter. Linscomb Wealth Inc. lifted its position in shares of Exxon Mobil by 1.4% in the second quarter. Linscomb Wealth Inc. now owns 389,769 shares of the oil and gas company’s stock valued at $42,017,000 after acquiring an additional 5,527 shares in the last quarter. U.S. Capital Wealth Advisors LLC boosted its stake in shares of Exxon Mobil by 3.3% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock worth $34,576,000 after acquiring an additional 9,831 shares during the period. Capital Counsel LLC NY grew its position in shares of Exxon Mobil by 0.9% during 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 purchasing an additional 460 shares in the last quarter. Finally, OneAscent Wealth Management LLC raised its stake in Exxon Mobil by 116.7% during the 2nd quarter. OneAscent Wealth Management LLC now owns 7,657 shares of the oil and gas company’s stock valued at $825,000 after purchasing an additional 4,123 shares during the period. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Trading Down 1.0%

The stock has a fifty day moving average of $125.11 and a 200 day moving average of $117.01. 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 has a market capitalization of $616.01 billion, a PE ratio of 21.83, a PEG ratio of 15.30 and a beta of 0.39.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business had revenue of $82.31 billion during the quarter, compared to analyst estimates of $77.98 billion. During the same period last year, the firm posted $1.67 EPS. The company’s revenue was down 1.3% on a year-over-year basis. As a group, sell-side analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be paid a $1.03 dividend. The ex-dividend date is Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.8%. Exxon Mobil’s payout ratio is presently 61.58%.

Exxon Mobil Company Profile

(Get Free Report)

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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