Exxon Mobil (NYSE:XOM) Sets New 12-Month High After Analyst Upgrade

Shares of Exxon Mobil Corporation (NYSE:XOM) reached a new 52-week high during mid-day trading on Monday after Citigroup raised their price target on the stock from $118.00 to $150.00. Citigroup currently has a neutral rating on the stock. Exxon Mobil traded as high as $159.61 and last traded at $155.2940, with a volume of 9077043 shares trading hands. The stock had previously closed at $152.50.

A number of other analysts have also commented on XOM. Morgan Stanley decreased their price objective on Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. Barclays raised their price target on shares of Exxon Mobil from $140.00 to $145.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 3rd. Bank of America lifted their price target on shares of Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a report on Monday. Mizuho set a $140.00 price objective on shares of Exxon Mobil in a research note on Wednesday, February 4th. Finally, Jefferies Financial Group raised their target price on shares of Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Nine analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $143.41.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 5,000 shares of Exxon Mobil stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president owned 23,584 shares in the company, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 16,380 shares of company stock valued at $2,227,734 in the last 90 days. 0.03% of the stock is currently owned by company insiders.

Key Exxon Mobil News

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

• Positive Sentiment: Higher crude prices lift revenue and cash-flow outlook for integrated producers like Exxon; futures jumped sharply as fighting and tanker disruptions raised a supply risk premium. Oil Prices Soar to $83 a Barrel. A Potential Energy Shock Is Brewing.
• Positive Sentiment: Media and sector pieces point to an energy-led market rally that has benefited Exxon and peers as investors price in tighter near-term supply. Cheniere, Exxon, Chevron Stocks Rise Again. The Energy Shock Is Upending Markets.
• Positive Sentiment: Exxon says it plans to send a technical team to Venezuela in the coming weeks — a move that could open operational opportunities or JV discussions if logistics and security permit. Exxon to send team to Venezuela in a few weeks, executive says
• Neutral Sentiment: Exxon presented at the Morgan Stanley Energy & Power Conference — investor takeaway may be incremental detail on strategy/capex but no headline-guidance change. Exxon Mobil Corporation Presents at Morgan Stanley Energy & Power Conference 2026 Transcript
• Neutral Sentiment: Banks (Bank of America, Citigroup) bumped price targets into the ~$150 area but kept neutral ratings — a modest endorsement of near-term upside while remaining cautious on longer-term valuation. Benzinga
• Negative Sentiment: Analysts warn Exxon’s production and operations face exposure to disruptions from the U.S.-Israel conflict with Iran (Strait of Hormuz risks), increasing uncertainty around near-term volumes and costs. Exxon, TotalEnergies output at risk from Iran war, analysts say
• Negative Sentiment: An Exxon VP disclosed a sale of 2,150 shares at about $157.82 — an insider sale that may be read negatively by some traders despite being routine. SEC filing: insider sale

Institutional Investors Weigh In On Exxon Mobil

Institutional investors have recently bought and sold shares of the business. Eagle Capital Management LLC lifted its stake in shares of Exxon Mobil by 15.3% during the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after purchasing an additional 376 shares in the last quarter. Caxton Associates LLP acquired a new stake in shares of Exxon Mobil in the first quarter valued at about $305,000. Sivia Capital Partners LLC raised its holdings in shares of Exxon Mobil by 1.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock valued at $1,211,000 after buying an additional 207 shares during the period. Castellan Group lifted its position in Exxon Mobil by 2.9% during the 2nd quarter. Castellan Group now owns 26,470 shares of the oil and gas company’s stock worth $2,853,000 after acquiring an additional 740 shares in the last quarter. Finally, United Bank boosted its holdings in Exxon Mobil by 2.8% in the 2nd quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock worth $2,352,000 after acquiring an additional 600 shares during the period. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil Price Performance

The company has a market cap of $631.89 billion, a PE ratio of 22.67, a price-to-earnings-growth ratio of 16.00 and a beta of 0.35. The business’s 50 day moving average price is $137.00 and its 200-day moving average price is $122.42. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The firm had revenue of $80.04 billion for the quarter, compared to the consensus estimate of $77.98 billion. During the same quarter in the previous year, the firm posted $1.67 EPS. The firm’s quarterly revenue was down 1.3% on a year-over-year basis. As a group, analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Thursday, February 12th will be paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Thursday, February 12th. Exxon Mobil’s payout ratio is 61.58%.

About Exxon Mobil

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.