ExxonMobil (NYSE:XOM) Shares Down 2.2% After Analyst Downgrade

Shares of ExxonMobil Corporation (NYSE:XOM) fell 2.2% during trading on Thursday after DZ Bank downgraded the stock from a hold rating to a sell rating. DZ Bank now has a $170.00 price target on the stock. ExxonMobil traded as low as $165.14 and last traded at $165.4880. 18,722,093 shares traded hands during mid-day trading, an increase of 6% from the average session volume of 17,698,494 shares. The stock had previously closed at $169.27.

Several other research analysts have also recently weighed in on XOM. Mizuho lowered their target price on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a report on Thursday, July 9th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $180.00 price target (up from $160.00) on shares of ExxonMobil in a report on Monday, September 21st. Freedom Capital upgraded ExxonMobil from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. BNP Paribas Exane lowered their price objective on ExxonMobil from $165.00 to $155.00 and set a “neutral” rating on the stock in a research note on Friday, July 17th. Finally, Barclays boosted their price objective on ExxonMobil from $177.00 to $200.00 and gave the stock an “overweight” rating in a research note on Monday, October 19th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $170.74.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: TD Cowen raised its price target to $193 and kept a “buy” rating, citing potential upside. Citigroup also lifted its target, to $175, while maintaining a “neutral” rating.
• Positive Sentiment: Exxon plans to invest $10 billion in refining through 2030, including an expansion aimed at increasing diesel output by 100,000 barrels per day. The investment could improve efficiency and cash flow. Read More.
• Positive Sentiment: Recent coverage highlighted strong third-quarter results, refining strength, cost discipline, debt reduction and a 44th consecutive annual dividend increase—supportive of Exxon’s shareholder-return appeal. Read More.
• Neutral Sentiment: Wall Street remains split after the quarter. Exxon shares are up more than 43% in 2026, but investors are weighing that run against commodity-price exposure and the company’s cash allocation. Read More.
• Neutral Sentiment: Quarterly cash generation exceeded shareholder payments, leaving room for balance-sheet repair; the significance for the stock depends on whether investors prioritize financial flexibility or near-term distributions. Read More.
• Negative Sentiment: Bearish commentary on oil prices—including a view that crude may not return to $100—and reports of weakening physical-market demand raise risks to Exxon’s earnings outlook. Read More.
• Negative Sentiment: DZ Bank downgraded Exxon from “hold” to “sell,” adding to caution even as other analysts raised targets.

Hedge Funds Weigh In On ExxonMobil

Institutional investors and hedge funds have recently bought and sold shares of the company. NBT Bank N.A. acquired a new position in shares of ExxonMobil in the 3rd quarter valued at $26,000. Aventus Investment Advisors Inc. purchased a new position in shares of ExxonMobil during the 2nd quarter worth $27,000. Atlantic Private Wealth LLC grew its holdings in shares of ExxonMobil by 776.9% during the 1st quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company’s stock worth $39,000 after purchasing an additional 202 shares during the period. Pioneer Family Office LLC acquired a new stake in shares of ExxonMobil during the 3rd quarter worth about $42,000. Finally, Financial Connections Group Inc. acquired a new stake in shares of ExxonMobil during the 1st quarter worth about $53,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

ExxonMobil Stock Performance

The stock has a market capitalization of $685.94 billion, a PE ratio of 17.01, a price-to-earnings-growth ratio of 0.87 and a beta of 0.16. The firm’s fifty day moving average is $168.50 and its 200-day moving average is $155.06. The company has a current ratio of 1.19, a quick ratio of 0.92 and a debt-to-equity ratio of 0.11.

ExxonMobil (NYSE:XOM) last posted its earnings results on Friday, October 30th. The oil and gas company reported $4.23 EPS for the quarter, beating analysts’ consensus estimates of $4.12 by $0.11. The company had revenue of $110.50 billion for the quarter, compared to analysts’ expectations of $104.89 billion. ExxonMobil had a net margin of 10.24% and a return on equity of 16.63%. During the same quarter in the prior year, the company posted $1.88 earnings per share. As a group, research analysts anticipate that ExxonMobil Corporation will post 13.54 earnings per share for the current year.

ExxonMobil Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Monday, November 16th will be paid a $1.07 dividend. This is a positive change from ExxonMobil’s previous quarterly dividend of $1.03. The ex-dividend date of this dividend is Monday, November 16th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.6%. ExxonMobil’s payout ratio is presently 43.99%.

About ExxonMobil

Exxon Mobil Corporation, doing business as ExxonMobil (NYSE:XOM), is an integrated energy company engaged in the exploration, development, production, and sale of crude oil and natural gas. Its operations span the energy value chain, from resource development and refining to the marketing and distribution of fuels and other energy products.

Through its Energy Products segment, ExxonMobil manufactures and markets transportation fuels, lubricants, and other petroleum-based products. Its Chemical Products business produces petrochemicals, including commodity and performance products used in packaging, automotive components, construction materials, and consumer goods.