ExxonMobil (NYSE:XOM) Upgraded at Wall Street Zen

by · The Markets Daily

Wall Street Zen upgraded shares of ExxonMobil (NYSE:XOM – Free Report) to a hold rating in a report issued on Saturday,Wall Street Zen reports.

Several other research firms have also issued reports on XOM. Zacks Research lowered shares of ExxonMobil from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. TD Cowen upped their price target on ExxonMobil from $155.00 to $168.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Barclays reduced their price objective on ExxonMobil from $182.00 to $177.00 and set an “overweight” rating for the company in a research report on Monday, August 17th. HSBC set a $158.00 price objective on ExxonMobil in a research note on Monday, August 3rd. Finally, Citigroup restated a “neutral” rating on shares of ExxonMobil in a report on Wednesday, July 8th. Ten analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, ExxonMobil currently has a consensus rating of “Hold” and an average price target of $167.45.

Check Out Our Latest Stock Analysis on ExxonMobil

ExxonMobil Stock Performance

Shares of ExxonMobil stock opened at $159.53 on Friday. The business has a fifty day simple moving average of $153.44 and a two-hundred day simple moving average of $152.37. The firm has a market capitalization of $661.24 billion, a P/E ratio of 20.53, a P/E/G ratio of 0.97 and a beta of 0.18. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.12. ExxonMobil has a 12 month low of $108.35 and a 12 month high of $176.41.

ExxonMobil (NYSE:XOM – Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.56 by ($0.04). ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%.The business had revenue of $114.53 billion during the quarter, compared to the consensus estimate of $109.94 billion. During the same quarter in the previous year, the business earned $1.64 earnings per share. On average, equities analysts forecast that ExxonMobil will post 11.98 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.6%. The ex-dividend date is Monday, August 17th. ExxonMobil’s dividend payout ratio (DPR) is currently 53.02%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Berbice Capital Management LLC purchased a new stake in shares of ExxonMobil during the 4th quarter valued at about $26,000. E Fund Management Hong Kong Co. Ltd. boosted its holdings in ExxonMobil 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 worth $27,000 after purchasing an additional 187 shares during the last quarter. Aventus Investment Advisors Inc. bought a new stake in ExxonMobil in the 2nd quarter worth approximately $27,000. Keewaydin Investments LLC purchased a new stake in ExxonMobil during the 4th quarter valued at $33,000. Finally, Portus Wealth Advisors LLC purchased a new stake in ExxonMobil during the 1st quarter valued at $36,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

  • Positive Sentiment: Analyst sees further upside: Piper Sandler reportedly expects ExxonMobil to move toward new highs, citing the stock’s strong 2026 performance, elevated oil prices and solid earnings. The bullish view could support investor confidence. Piper Sandler Sees ExxonMobil Heading Toward New Highs
  • Positive Sentiment: Momentum remains strong: Zacks identifies ExxonMobil as a strong momentum stock, reinforcing the technical trend and potentially attracting momentum-oriented investors. Why ExxonMobil Is a Strong Momentum Stock
  • Positive Sentiment: Papua LNG advances: TotalEnergies reduced the Papua LNG project’s estimated cost to approximately $14 billion, while ExxonMobil is set to become the operator. Lower costs may improve project economics, and operatorship gives ExxonMobil greater control over development and execution as the project approaches a final investment decision. TotalEnergies Cuts Papua LNG Cost
  • Neutral Sentiment: Ownership changes add scale but also execution exposure: Santos agreed to increase its participating interest in Papua LNG as ExxonMobil assumes operatorship. The arrangement could strengthen ExxonMobil’s strategic position, but large LNG projects remain exposed to capital requirements, construction delays and commercial risks. Santos Boosts Papua LNG Stake
  • Negative Sentiment: Oil-price volatility remains a risk: Middle East tensions have caused oil prices to surge and retreat sharply, creating uncertainty for ExxonMobil’s upstream earnings and valuation. Oil Price Outlook for 2026

ExxonMobil Company Profile

(Get Free Report)

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.

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