Weekly Research Analysts’ Ratings Updates for Exxon Mobil (XOM)

Exxon Mobil (NYSE: XOM) recently received a number of ratings updates from brokerages and research firms:

• 12/19/2024 – Exxon Mobil had its price target lowered by analysts at Piper Sandler from $138.00 to $127.00. They now have an “overweight” rating on the stock.
• 12/16/2024 – Exxon Mobil had its price target lowered by analysts at JPMorgan Chase & Co. from $130.00 to $125.00. They now have an “overweight” rating on the stock.
• 12/16/2024 – Exxon Mobil had its price target lowered by analysts at Mizuho from $137.00 to $134.00. They now have a “neutral” rating on the stock.
• 12/16/2024 – Exxon Mobil had its price target lowered by analysts at TD Cowen from $132.00 to $128.00. They now have a “buy” rating on the stock.
• 12/12/2024 – Exxon Mobil had its “sector perform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $115.00 price target on the stock.
• 12/12/2024 – Exxon Mobil had its price target lowered by analysts at UBS Group AG from $149.00 to $147.00. They now have a “buy” rating on the stock.
• 11/26/2024 – Exxon Mobil had its price target lowered by analysts at Royal Bank of Canada from $120.00 to $115.00. They now have a “sector perform” rating on the stock.
• 11/19/2024 – Exxon Mobil had its price target raised by analysts at TD Cowen from $127.00 to $132.00. They now have a “buy” rating on the stock.
• 11/4/2024 – Exxon Mobil had its “sector perform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $120.00 price target on the stock.
• 11/4/2024 – Exxon Mobil had its price target lowered by analysts at TD Cowen from $130.00 to $127.00. They now have a “buy” rating on the stock.
• 10/31/2024 – Exxon Mobil had its price target raised by analysts at JPMorgan Chase & Co. from $127.00 to $128.00.
• 10/31/2024 – Exxon Mobil had its price target lowered by analysts at Morgan Stanley from $142.00 to $140.00.
• 10/31/2024 – Exxon Mobil had its price target raised by analysts at Wolfe Research from $137.00 to $138.00.
• 10/31/2024 – Exxon Mobil had its price target raised by analysts at The Goldman Sachs Group, Inc. from $118.00 to $120.00.

Exxon Mobil Trading Up 0.3 %

Shares of NYSE:XOM traded up $0.28 during trading on Tuesday, reaching $106.58. 1,811,750 shares of the company were exchanged, compared to its average volume of 16,359,581. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $126.34. The firm has a market capitalization of $468.43 billion, a PE ratio of 13.27, a P/E/G ratio of 4.70 and a beta of 0.89. The business’s fifty day simple moving average is $117.21 and its 200-day simple moving average is $116.15. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.35 and a quick ratio of 1.01.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, November 1st. The oil and gas company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.01. The business had revenue of $90.02 billion during the quarter, compared to analysts’ expectations of $93.98 billion. Exxon Mobil had a return on equity of 14.73% and a net margin of 9.61%. The business’s revenue for the quarter was down .8% compared to the same quarter last year. During the same period in the prior year, the business earned $2.27 EPS. On average, research analysts anticipate that Exxon Mobil Co. will post 7.95 EPS for the current year.

Exxon Mobil Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Thursday, November 14th were paid a $0.99 dividend. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.95. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $3.96 dividend on an annualized basis and a yield of 3.72%. Exxon Mobil’s payout ratio is 49.32%.

Institutional Investors Weigh In On Exxon Mobil

A number of institutional investors have recently added to or reduced their stakes in the stock. Fairway Wealth LLC acquired a new position in Exxon Mobil during the 2nd quarter valued at about $35,000. Anfield Capital Management LLC grew its stake in Exxon Mobil by 360.0% during the 2nd quarter. Anfield Capital Management LLC now owns 322 shares of the oil and gas company’s stock valued at $37,000 after purchasing an additional 252 shares during the last quarter. Fairscale Capital LLC purchased a new position in shares of Exxon Mobil in the second quarter worth about $39,000. POM Investment Strategies LLC boosted its position in Exxon Mobil by 918.9% in the second quarter. POM Investment Strategies LLC now owns 377 shares of the oil and gas company’s stock valued at $43,000 after buying an additional 340 shares during the last quarter. Finally, Hershey Financial Advisers LLC purchased a new position in Exxon Mobil during the 2nd quarter worth approximately $46,000. Institutional investors own 61.80% of the company’s stock.

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.