Exxon Mobil (NYSE:XOM) Price Target Raised to $162.00

Exxon Mobil (NYSE:XOM) had its price objective increased by Mizuho from $140.00 to $162.00 in a research report report published on Tuesday morning,Benzinga reports. The firm currently has a neutral rating on the oil and gas company’s stock.

XOM has been the topic of several other research reports. BNP Paribas Exane cut Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price target on the stock. in a research note on Tuesday, February 3rd. Royal Bank Of Canada lifted their price objective on Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a report on Monday, February 2nd. Loop Capital set a $123.00 target price on Exxon Mobil in a research report on Tuesday, February 3rd. TD Cowen increased their target price on Exxon Mobil from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. Finally, Bank of America raised their price target on shares of Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research report on Monday, March 2nd. Nine 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’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $148.35.

Exxon Mobil Stock Performance

Exxon Mobil stock opened at $158.19 on Tuesday. Exxon Mobil has a 12-month low of $97.80 and a 12-month high of $160.45. The company has a market capitalization of $659.16 billion, a price-to-earnings ratio of 23.65, a price-to-earnings-growth ratio of 1.23 and a beta of 0.35. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The firm’s fifty day moving average price is $144.87 and its 200 day moving average price is $125.84.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share 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 analysts’ expectations of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.67 EPS. On average, research analysts forecast that Exxon Mobil will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were paid a dividend of $1.03 per share. The ex-dividend date was Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.6%. Exxon Mobil’s dividend payout ratio is presently 61.58%.

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 5,000 shares of Exxon Mobil stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the completion of the transaction, the vice president owned 23,584 shares in the company, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders sold 11,460 shares of company stock worth $1,687,854. Company insiders own 0.03% of the company’s stock.

Hedge Funds Weigh In On Exxon Mobil

Several large investors have recently added to or reduced their stakes in XOM. Berbice Capital Management LLC bought a new stake in shares of Exxon Mobil during the 4th quarter valued at about $26,000. Midwest Capital Advisors LLC bought a new position in Exxon Mobil in the fourth quarter worth about $27,000. E Fund Management Hong Kong Co. Ltd. boosted its stake in Exxon Mobil by 456.1% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock valued at $27,000 after acquiring an additional 187 shares during the period. Key Capital Management INC bought a new position in shares of Exxon Mobil during the fourth quarter valued at approximately $28,000. Finally, Nvest Wealth Strategies Inc. bought a new position in shares of Exxon Mobil during the fourth quarter valued at approximately $32,000. 61.80% of the stock is currently owned by institutional investors.

More Exxon Mobil News

Here are the key news stories impacting Exxon Mobil this week:

• Positive Sentiment: Shift in investor narrative — coverage argues XOM’s outlook is improving as analysts and investors bake in higher oil-price assumptions and re-rate Exxon’s valuation, supporting momentum in the shares. Read More.
• Positive Sentiment: Analyst upgrades and higher targets — several firms (including Barclays and Mizuho) have raised price targets, which boosts buy-side conviction and helps push XOM toward 52-week highs. Read More.
• Positive Sentiment: Project acceleration in Guyana — Exxon says a new floating production facility is nearly complete and will speed project startups, implying earlier cash flow from high-margin barrels. Read More.
• Positive Sentiment: Balance-sheet strength highlighted — analysts note Exxon’s low leverage and healthy cash generation make it resilient to commodity swings and able to capitalize on higher prices. Read More.
• Neutral Sentiment: Sector tailwind — energy stocks broadly are rising today, so part of XOM’s move is market-driven rather than purely company-specific. Read More.
• Neutral Sentiment: Exploration step in Greece — a JV including ExxonMobil is moving to next-phase exploration off Greece; potential upside is long‑dated and high risk, so it’s a watch item rather than immediate upside. Read More.
• Negative Sentiment: Insider sale disclosed — a vice president sold ~1,080 shares; while small, insider selling can create short-term sentiment noise for some investors. Read More.
• Negative Sentiment: Regional security risk — a nearby refinery (SAMREF) tied to regional partners was reportedly targeted in an aerial attack (minimal impact reported), underscoring geopolitical tail‑risks that can push oil volatility and create episodic market swings. Read More.

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.