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

ExxonMobil Corporation (NYSE:XOM) was down 2.2% during mid-day 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 changed hands during mid-day trading, an increase of 6% from the average daily volume of 17,698,494 shares. The stock had previously closed at $169.27.

Several other equities research analysts also recently weighed in on the stock. Weiss Ratings raised shares of ExxonMobil from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, September 29th. BMO Capital Markets increased their target price on ExxonMobil from $160.00 to $170.00 and gave the company a “market perform” rating in a research note on Wednesday, August 12th. Bank of America lowered ExxonMobil from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $154.00 to $158.00 in a report on Tuesday, July 28th. UBS Group boosted their price target on ExxonMobil from $199.00 to $213.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Piper Sandler upped their price target on ExxonMobil from $158.00 to $185.00 and gave the company a “neutral” rating in a report on Thursday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $170.74.

ExxonMobil News Summary

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.

Institutional Investors Weigh In On ExxonMobil

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. NBT Bank N.A. purchased a new position in shares of ExxonMobil in the third quarter valued at approximately $26,000. Aventus Investment Advisors Inc. acquired a new stake in shares of ExxonMobil in the second quarter worth approximately $27,000. Atlantic Private Wealth LLC increased its position in shares of ExxonMobil by 776.9% during the first 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 in the last quarter. Pioneer Family Office LLC purchased a new stake in shares of ExxonMobil during the third quarter worth approximately $42,000. Finally, Financial Connections Group Inc. purchased a new stake in shares of ExxonMobil during the first quarter worth approximately $53,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

ExxonMobil Price Performance

The company has a 50-day moving average of $168.50 and a 200 day moving average of $155.06. The company has a quick ratio of 0.92, a current ratio of 1.19 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $685.94 billion, a PE ratio of 17.01, a PEG ratio of 0.87 and a beta of 0.16.

ExxonMobil (NYSE:XOM) last announced its quarterly earnings data on Friday, October 30th. The oil and gas company reported $4.23 earnings per share for the quarter, beating analysts’ consensus estimates of $4.12 by $0.11. ExxonMobil had a return on equity of 16.63% and a net margin of 10.24%. The company had revenue of $110.50 billion for the quarter, compared to analyst estimates of $104.89 billion. During the same quarter last year, the firm posted $1.88 EPS. Sell-side analysts predict that ExxonMobil Corporation will post 13.54 EPS for the current year.

ExxonMobil Increases Dividend

The firm 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 an increase from ExxonMobil’s previous quarterly dividend of $1.03. This represents a $4.28 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, November 16th. ExxonMobil’s payout ratio is 43.99%.

ExxonMobil Company Profile

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.