ExxonMobil (NYSE:XOM) Stock Gets Price Target Bump from UBS Group

ExxonMobil (NYSE:XOM) had its target price raised by equities research analysts at UBS Group from $199.00 to $213.00 in a report released on Monday, Benzinga reports. The firm currently has a “buy” rating on the oil and gas company’s stock. UBS Group‘s price objective indicates a potential upside of 18.39% from the stock’s previous close.

A number of other brokerages have also weighed in on XOM. Citigroup restated a “neutral” rating and set a $175.00 price objective (up from $150.00) on shares of ExxonMobil in a research report on Wednesday, July 8th. Mizuho dropped their target price on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating for the company in a research report on Thursday, July 9th. JPMorgan Chase & Co. lifted their price target on ExxonMobil from $158.00 to $166.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. Wells Fargo & Company boosted their price target on ExxonMobil from $182.00 to $189.00 and gave the stock an “equal weight” rating in a report on Monday. Finally, Barclays upped their price objective on ExxonMobil from $177.00 to $200.00 and gave the company an “overweight” rating in a research note on Monday, October 19th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and fourteen have given a Hold rating to the stock. Based on data from MarketBeat.com, ExxonMobil currently has an average rating of “Moderate Buy” and a consensus target price of $168.70.

ExxonMobil Price Performance

ExxonMobil stock traded down $7.33 during mid-day trading on Monday, reaching $179.92. The company had a trading volume of 15,944,415 shares, compared to its average volume of 17,712,787. ExxonMobil has a fifty-two week low of $112.51 and a fifty-two week high of $188.50. The company has a current ratio of 1.19, a quick ratio of 0.92 and a debt-to-equity ratio of 0.11. The company has a market cap of $745.75 billion, a P/E ratio of 18.49, a P/E/G ratio of 0.94 and a beta of 0.21. The business has a fifty day simple moving average of $167.76 and a 200 day simple moving average of $154.35.

ExxonMobil (NYSE:XOM) last announced its quarterly earnings results on Friday, October 30th. The oil and gas company reported $4.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.12 by $0.11. ExxonMobil had a net margin of 10.24% and a return on equity of 16.63%. The company had revenue of $110.50 billion during the quarter, compared to the consensus estimate of $104.89 billion. During the same period in the prior year, the business earned $1.88 earnings per share. On average, equities research analysts predict that ExxonMobil will post 13.58 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. CPA Asset Management Group LLC lifted its stake in shares of ExxonMobil by 1.8% in the third quarter. CPA Asset Management Group LLC now owns 3,450 shares of the oil and gas company’s stock worth $561,000 after acquiring an additional 60 shares during the period. DecisionMap Wealth Management LLC increased its position in ExxonMobil by 2.2% during the 3rd quarter. DecisionMap Wealth Management LLC now owns 2,915 shares of the oil and gas company’s stock valued at $474,000 after purchasing an additional 62 shares during the period. WP Advisors LLC raised its holdings in ExxonMobil by 3.0% during the 3rd quarter. WP Advisors LLC now owns 2,167 shares of the oil and gas company’s stock worth $353,000 after purchasing an additional 63 shares during the last quarter. Avant Capital LLC raised its holdings in ExxonMobil by 0.6% during the 2nd quarter. Avant Capital LLC now owns 11,182 shares of the oil and gas company’s stock worth $1,529,000 after purchasing an additional 65 shares during the last quarter. Finally, Core Wealth Advisors Inc. raised its holdings in ExxonMobil by 1.0% during the 1st 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 last quarter. 61.80% of the stock is owned by institutional investors.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Better-than-expected third-quarter results: ExxonMobil reported $15.4 billion in GAAP earnings, $110.5 billion in revenue, and adjusted EPS above consensus. Refining margin gains helped offset weaker sequential upstream earnings. XOM Q3 Earnings Call Highlights Refining Strength and LNG Expansion
• Positive Sentiment: Analysts raised targets: Morgan Stanley increased its target to $187 and maintained an overweight rating, while Wells Fargo raised its target to $189 but kept an equal-weight rating. The revisions reflect confidence following the earnings beat. These Analysts Boost Their Forecasts on ExxonMobil After Upbeat Q3 Results
• Positive Sentiment: Shareholder returns strengthened: ExxonMobil raised its quarterly dividend 3.9% to $1.07 per share, marking its 44th consecutive annual increase. Strong free cash flow, $5.1 billion of quarterly buybacks, and lower net debt add to the investment case.
• Positive Sentiment: Growth initiatives remain active: Management highlighted LNG expansion and opportunities created by energy-market disruptions. ExxonMobil was also added to Securitize’s tokenized-stock platform on Solana, potentially broadening access to its shares. Solana Handled $3.9 Billion of Tokenized Stock Trades in October
• Neutral Sentiment: Momentum remains strong but valuation is debated: XOM has gained substantially this year and trades near its recent high. Some analysts see additional upside, while others caution that much of the positive earnings news may already be reflected in the stock price.
• Negative Sentiment: Commodity and earnings-mix risks: Crude prices have weakened, and adjusted upstream earnings declined about 20% sequentially. Continued dependence on refining strength leaves results vulnerable if margins or oil prices deteriorate. I Wouldn’t Buy ExxonMobil at a Record High

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.