Exxon Mobil (NYSE:XOM) Trading Down 2.6% After Analyst Downgrade

05 May 2025, 16:46 by Danessa Lincoln · The Markets Daily

Exxon Mobil Co. (NYSE:XOM – Get Free Report)’s stock price was down 2.6% on Monday after Barclays lowered their price target on the stock from $130.00 to $127.00. Barclays currently has an overweight rating on the stock. Exxon Mobil traded as low as $103.07 and last traded at $103.43. Approximately 4,015,710 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 15,675,302 shares. The stock had previously closed at $106.21.

XOM has been the topic of several other reports. Morgan Stanley decreased their price objective on shares of Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating on the stock in a research note on Thursday, March 27th. Bernstein Bank boosted their target price on Exxon Mobil from $138.00 to $144.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Wells Fargo & Company dropped their price target on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a research note on Monday, February 3rd. Argus raised shares of Exxon Mobil to a “strong-buy” rating in a research note on Tuesday, February 4th. Finally, Scotiabank dropped their target price on shares of Exxon Mobil from $140.00 to $115.00 and set a “sector outperform” rating for the company in a research report on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $126.35.

Get Our Latest Stock Analysis on XOM

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the transaction, the vice president now directly owns 18,087 shares in the company, valued at $1,989,570. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.03% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. 10Elms LLP bought a new stake in shares of Exxon Mobil during the 4th quarter worth about $25,000. Graybill Wealth Management LTD. bought a new stake in shares of Exxon Mobil during the first quarter worth approximately $29,000. Fairway Wealth LLC bought a new position in Exxon Mobil during the 4th quarter worth $31,000. Capital A Wealth Management LLC bought a new stake in Exxon Mobil in the 4th quarter valued at about $32,000. Finally, Keystone Financial Group Inc. acquired a new position in Exxon Mobil in the 4th quarter valued at $36,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Trading Down 2.5 %

The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The company has a market capitalization of $447.88 billion, a price-to-earnings ratio of 13.21, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. The firm has a fifty day moving average price of $109.36 and a 200-day moving average price of $111.61.

Exxon Mobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.73 by $0.03. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. The firm had revenue of $83.13 billion for the quarter, compared to analyst estimates of $86.11 billion. During the same period last year, the firm earned $2.06 EPS. The business’s quarterly revenue was up .1% compared to the same quarter last year. As a group, equities analysts anticipate that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.82%. Exxon Mobil’s payout ratio is presently 50.51%.

About Exxon Mobil

(Get Free Report)