ExxonMobil Corporation (NYSE:XOM) Receives Consensus Rating of “Hold” from Brokerages

ExxonMobil Corporation (NYSE:XOM) has received an average recommendation of “Hold” from the twenty-three research firms that are presently covering the firm, Marketbeat Ratings reports. Thirteen equities research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $162.9524.

A number of equities analysts have issued reports on the stock. Weiss Ratings upgraded shares of ExxonMobil from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday. Citigroup reiterated a “neutral” rating on shares of ExxonMobil in a research report on Wednesday, July 8th. Scotiabank raised their price objective on shares of ExxonMobil from $128.00 to $163.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, April 22nd. Wolfe Research downgraded ExxonMobil from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, April 21st. Finally, UBS Group upped their target price on ExxonMobil from $171.00 to $174.00 and gave the company a “buy” rating in a research note on Monday, May 4th.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil’s second-quarter results highlighted strong production, higher oil prices, record refining margins and a solid balance sheet. Analysts say these factors support the company’s longer-term outlook, while one valuation review estimates the shares could be about 9% undervalued. Zacks Analyst Blog Highlights ExxonMobil, Chevron and BP ExxonMobil Could Be 9% Undervalued
• Positive Sentiment: Supply disruptions linked to the Middle East conflict have tightened global fuel markets and driven refining margins higher, benefiting ExxonMobil’s downstream operations. The company also selected Sercel’s Marlin software to coordinate pipe-laying and mooring work at its Whiptail project in Guyana, supporting execution of a key growth asset. Middle East War Triggers New Global Refining Boom ExxonMobil Selects Sercel’s Marlin Software Suite
• Neutral Sentiment: Analyst sentiment remains mixed. Freedom Capital raised XOM from “strong sell” to “hold,” while DZ Bank lowered its rating from “buy” to “hold” but maintained a $156 price target, indicating limited near-term upside.
• Negative Sentiment: President Donald Trump criticized ExxonMobil and Chevron for earning “too much money” and urged them to lower gasoline prices. Although the comments do not immediately change earnings, they raise political and regulatory risks and could pressure margins if the company responds with price reductions. Trump Pressures Exxon and Chevron to Lower Gas Prices
• Negative Sentiment: ExxonMobil narrowly missed second-quarter EPS expectations, reporting $3.52 versus the $3.56 consensus. The earnings shortfall may be weighing on the stock despite revenue exceeding estimates and profits improving substantially from the prior year.

ExxonMobil Stock Performance

Shares of XOM opened at $151.53 on Thursday. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.12. ExxonMobil has a 52-week low of $105.53 and a 52-week high of $176.41. The company has a 50-day simple moving average of $145.82 and a 200-day simple moving average of $149.30. The company has a market capitalization of $628.08 billion, a PE ratio of 19.50, a P/E/G ratio of 0.62 and a beta of 0.17.

ExxonMobil (NYSE:XOM) last issued its earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share for the quarter, missing the consensus estimate of $3.56 by ($0.04). The company had revenue of $114.53 billion for the quarter, compared to analyst estimates of $109.94 billion. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%.During the same quarter in the previous year, the company posted $1.64 earnings per share. Equities research analysts predict that ExxonMobil will post 11.54 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be issued 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 of this dividend is Monday, August 17th. ExxonMobil’s payout ratio is 53.02%.

Institutional Trading of ExxonMobil

A number of large investors have recently made changes to their positions in XOM. Impact Partnership Wealth LLC boosted its stake in shares of ExxonMobil by 0.6% during the 1st quarter. Impact Partnership Wealth LLC now owns 12,017 shares of the oil and gas company’s stock worth $2,039,000 after acquiring an additional 67 shares in the last quarter. Cardinal Strategic Wealth Guidance lifted its holdings in ExxonMobil by 1.9% in the 1st quarter. Cardinal Strategic Wealth Guidance now owns 3,720 shares of the oil and gas company’s stock worth $631,000 after purchasing an additional 68 shares during the last quarter. Core Wealth Advisors Inc. boosted its position in ExxonMobil by 1.0% during the first quarter. Core Wealth Advisors Inc. now owns 6,805 shares of the oil and gas company’s stock worth $1,155,000 after purchasing an additional 68 shares during the period. ICW Investment Advisors LLC grew its holdings in ExxonMobil by 0.3% during the fourth quarter. ICW Investment Advisors LLC now owns 25,286 shares of the oil and gas company’s stock valued at $3,043,000 after purchasing an additional 69 shares during the last quarter. Finally, Swisher Financial Concepts Inc. grew its holdings in ExxonMobil by 0.3% during the first quarter. Swisher Financial Concepts Inc. now owns 27,402 shares of the oil and gas company’s stock valued at $4,649,000 after purchasing an additional 69 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

ExxonMobil Company Profile

ExxonMobil 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.