Exxon Mobil (NYSE:XOM – Get Free Report) had its price target upped by research analysts at Citigroup from $118.00 to $150.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has a “neutral” rating on the oil and gas company’s stock. Citigroup’s target price indicates a potential downside of 2.58% from the stock’s previous close.
XOM has been the topic of several other research reports. Jefferies Financial Group lifted their target price on Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Morgan Stanley reduced their price objective on Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. TD Cowen upped their target price on Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Wells Fargo & Company cut their price target on Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating for the company in a research note on Monday, February 2nd. Finally, Loop Capital set a $123.00 price target on Exxon Mobil in a research note on Tuesday, February 3rd. Nine 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. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $143.41.
Get Our Latest Stock Analysis on XOM
Exxon Mobil Trading Up 1.0%
Exxon Mobil (NYSE:XOM – Get Free Report) last posted its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. The company had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.67 earnings per share. Research analysts predict that Exxon Mobil will post 7.43 earnings per share for the current year.
Insider Buying and Selling
In other news, VP Darrin L. Talley sold 5,000 shares of Exxon Mobil stock in a transaction dated 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 directly owned 23,584 shares in the company, valued at approximately $3,295,864. The trade was a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold a total of 14,230 shares of company stock worth $1,888,421 in the last 90 days. Company insiders own 0.03% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of Exxon Mobil in the 4th quarter worth approximately $7,625,063,000. First Trust Advisors LP grew its position in Exxon Mobil by 150.2% in the second quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock valued at $819,560,000 after acquiring an additional 4,563,707 shares during the period. Cerity Partners LLC raised its stake in Exxon Mobil by 200.7% during the second quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock worth $217,162,000 after acquiring an additional 4,015,099 shares in the last quarter. Laurel Wealth Advisors LLC lifted its holdings in shares of Exxon Mobil by 10,809.8% during the second quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock valued at $333,652,000 after acquiring an additional 3,066,736 shares during the period. Finally, Franklin Resources Inc. boosted its stake in shares of Exxon Mobil by 7.4% in the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock valued at $4,366,655,000 after purchasing an additional 2,660,910 shares in the last quarter. 61.80% of the stock is owned by institutional investors.
Key Headlines Impacting Exxon Mobil
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Geopolitical risk pushed XOM to a near‑record level as traders add a “supply‑risk” premium to crude, lifting integrated oil stocks across the board. XOM Shares Reach Record Peak Amid Escalating Middle East Tensions
- Positive Sentiment: Market writeups highlight Exxon’s scale and integrated production/marketing footprint as advantages if oil prices stay elevated, which supports near‑term earnings upside. Middle East Conflict: The Exxon Mobil Advantage
- Positive Sentiment: Oil price spikes tied to renewed Middle East supply‑risk (Strait of Hormuz concerns, attacks on regional infrastructure) are the proximate cause of today’s XOM rally — energy stocks are reacting to faster repricing in futures and spot markets. Exxon Mobil climbs as crude prices spike on renewed Middle East supply-risk fears
- Neutral Sentiment: Bank of America raised its XOM price target to $151 but kept a “neutral” rating — the raise acknowledges upside from higher oil while not endorsing overweight exposure at current levels. Benzinga
- Neutral Sentiment: Coverage pieces and “stocks to watch” lists are amplifying interest in Exxon today, increasing news flow and trading volume but not changing fundamentals by themselves. Stocks to Watch Monday: Exxon Mobil, Airlines, RTX, Berkshire
- Neutral Sentiment: Small disclosed retail buys (e.g., a public figure adding shares) and trending‑ticker coverage can support momentum but are not material to Exxon’s fundamentals. U.S. Chess Champion Looking Slick after Exxon Mobil Buy
- Negative Sentiment: Insider sales and mixed institutional moves are visible in filings/data aggregators — notable insider selling and large portfolio adjustments by institutions could be a cautionary signal if sustained. Exxon Mobil climbs as crude prices spike on renewed Middle East supply-risk fears (insider/hedge fund notes)
- Negative Sentiment: Some analysts and price‑target surveys show a median target below current levels, signaling that upside may be constrained absent sustained higher oil; watch for revisions to EPS/CF estimates as oil volatility continues. Analyst ratings and price-target summary
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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