Exxon Mobil Corporation (NYSE:XOM – Get Free Report)’s stock price traded down 1.3% during mid-day trading on Wednesday following insider selling activity. The company traded as low as $147.86 and last traded at $149.86. 16,713,310 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 21,336,770 shares. The stock had previously closed at $151.83.
Specifically, VP Darrin L. Talley sold 2,150 shares of the company’s stock in a transaction dated 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 directly owned 18,204 shares in the company, valued at approximately $2,872,955.28. This represents a 10.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Analyst Ratings Changes
Several research analysts have issued reports on XOM shares. Zacks Research upgraded Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. Sanford C. Bernstein decreased their price target on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Piper Sandler dropped their price objective on Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a report on Thursday, January 8th. Bank of America upped their price objective on Exxon Mobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research report on Monday. Finally, Loop Capital set a $123.00 target price on Exxon Mobil in a research note on Tuesday, February 3rd. Nine equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Exxon Mobil currently has a consensus rating of “Hold” and an average price target of $143.41.
Key Exxon Mobil News
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Geopolitical disruption around the Strait of Hormuz has pushed oil prices higher, creating a near‑term revenue and cash‑flow tailwind for integrated producers like Exxon. Read More.
- Positive Sentiment: Exxon has scheduled a large physical shipment (about 600,000 barrels) of mostly gasoline from the U.S. Gulf Coast to Australia — evidence of active commercial positioning amid global fuel tightness. Read More.
- Positive Sentiment: Macro/investor flows favor the HALO trade (Heavy Asset, Low Obsolescence), giving energy majors like Exxon a defensive appeal versus more cyclical/fast‑obsolescing sectors. Read More.
- Positive Sentiment: Some analysts and boutiques have nudged fair‑value estimates and price targets higher into the mid‑$140s–$180s range, keeping XOM in focus for income/value investors. Read More.
- Neutral Sentiment: Exxon’s investor presentation at the Morgan Stanley Energy & Power conference provided incremental detail but no fresh guidance; such events tend to support clarity rather than drive headline moves. Read More.
- Neutral Sentiment: Sector headlines are mixed (energy outperformance vs. intra‑day profit‑taking); some banks raised targets into the ~$150 area but kept cautious ratings, signaling limited consensus on sustained upside. Read More.
- Negative Sentiment: An Exxon VP sold 2,150 shares (disclosed Form 4); while modest and routine, insider sales can be viewed negatively by short‑term traders. Read More.
- Negative Sentiment: Analysts warn that sustained regional conflict could threaten production/transport logistics, raising uncertainty on near‑term volumes and costs despite higher prices. Read More.
Exxon Mobil Price Performance
The firm has a fifty day moving average of $138.24 and a two-hundred day moving average of $122.80. The stock has a market capitalization of $629.10 billion, a P/E ratio of 22.57, a P/E/G ratio of 1.23 and a beta of 0.35. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79.
Exxon Mobil (NYSE:XOM – Get Free Report) last issued its 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 company had revenue of $80.04 billion for the quarter, compared to analysts’ expectations of $77.98 billion. During the same period in the prior year, the business earned $1.67 EPS. The firm’s quarterly revenue was down 1.3% on a year-over-year basis. On average, analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current year.
Exxon Mobil Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Thursday, February 12th will be issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is presently 61.58%.
Hedge Funds Weigh In On Exxon Mobil
A number of large investors have recently bought and sold shares of XOM. ICW Investment Advisors LLC lifted its stake in shares of Exxon Mobil by 0.3% during the 4th quarter. ICW Investment Advisors LLC now owns 25,286 shares of the oil and gas company’s stock worth $3,043,000 after purchasing an additional 69 shares during the last quarter. Fortis Capital Management LLC raised its holdings in Exxon Mobil by 2.0% in the fourth quarter. Fortis Capital Management LLC now owns 3,603 shares of the oil and gas company’s stock worth $434,000 after purchasing an additional 70 shares in the last quarter. Peoples Bank OH lifted its position in shares of Exxon Mobil by 0.5% during the fourth quarter. Peoples Bank OH now owns 14,993 shares of the oil and gas company’s stock valued at $1,804,000 after buying an additional 71 shares during the last quarter. Paulson Wealth Management Inc. boosted its holdings in shares of Exxon Mobil by 1.0% in the 4th quarter. Paulson Wealth Management Inc. now owns 7,368 shares of the oil and gas company’s stock valued at $887,000 after buying an additional 72 shares in the last quarter. Finally, Peirce Capital Management LLC boosted its holdings in shares of Exxon Mobil by 1.7% in the 4th quarter. Peirce Capital Management LLC now owns 4,292 shares of the oil and gas company’s stock valued at $516,000 after buying an additional 72 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.
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.
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