Exxon Mobil (NYSE:XOM) Trading Up 2.2% on Analyst Upgrade

Exxon Mobil Corporation (NYSE:XOM)’s stock price rose 2.2% during trading on Thursday after Bank of America raised their price target on the stock from $129.00 to $135.00. Bank of America currently has a neutral rating on the stock. Exxon Mobil traded as high as $142.34 and last traded at $140.6670. Approximately 35,708,652 shares were traded during trading, an increase of 81% from the average daily volume of 19,709,930 shares. The stock had previously closed at $137.58.

A number of other research analysts have also issued reports on the company. Wells Fargo & Company increased their target price on Exxon Mobil from $156.00 to $158.00 and gave the company an “overweight” rating in a research report on Thursday, December 11th. TD Cowen reaffirmed a “buy” rating on shares of Exxon Mobil in a research report on Monday. Zacks Research downgraded shares of Exxon Mobil from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 1st. Piper Sandler decreased their price objective on shares of Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. Finally, Jefferies Financial Group raised their price objective on shares of Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Exxon Mobil has an average rating of “Moderate Buy” and a consensus price target of $132.74.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 3,000 shares of Exxon Mobil stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total transaction of $351,570.00. Following the completion of the sale, the vice president owned 28,584 shares in the company, valued at approximately $3,349,758.96. This trade represents a 9.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.03% of the stock is currently owned by insiders.

More Exxon Mobil News

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

• Positive Sentiment: Geopolitical risk lifted oil prices, benefiting integrated majors like Exxon and supporting dividend appeal and margin upside if crude stays firmer. Oil Rallies On Iran War Fears – 5 Integrated Energy Giants With Big Dividends
• Positive Sentiment: Analysts highlight a 2026 LNG wave that should boost global gas demand and trade flows — Exxon is named among beneficiaries, supporting longer-term gas and LNG earnings upside. What the LNG Wave Means for Gas Market Exposure in 2026
• Positive Sentiment: Exxon deepened cooperation with BYD on hybrid EV innovation, signaling diversification into low-carbon mobility technology and potential new R&D/supply-chain opportunities. BYD & ExxonMobil Boost Cooperation in Hybrid EV Innovation
• Positive Sentiment: Portfolio moves include a push into carbon capture & storage (CCS) and an exit from the Fife plant — strategic repositioning that supports Exxon’s lower‑carbon narrative and could improve long-term asset mix. Exxon Mobil Reshapes Portfolio With CCS Push And Fife Plant Exit
• Neutral Sentiment: Markets are parsing short-term earnings odds (Polymarket and options activity) ahead of XOM’s report — this speculation can amplify intraday moves but doesn’t change fundamentals. Polymarket Odds: Will AXP, XOM, VZ Beat Earnings Tomorrow?
• Neutral Sentiment: Q4 previews note refining resilience could offset weaker upstream pricing; investors will watch segment-level results and guidance for 2026 growth clarity. Exxon Mobil Q4 Preview: Refining Resilience Expected To Soften Blow From Lower Oil Prices As CEO Open To Venezuela Re-Entry Under Trump
• Neutral Sentiment: Bank of America nudged its price target up to $135 but kept a neutral rating — a modest signal that some analysts see limited near-term upside versus current market pricing. Benzinga (Bank of America price target note)
• Negative Sentiment: Barron’s warns XOM is “pricing in big growth” with shares near record highs while some analyst profit forecasts have been trimmed — raising execution risk and setting a high bar for the upcoming earnings release. Exxon Earnings Are Coming. The Stock Is Pricing in Big Growth.

Hedge Funds Weigh In On Exxon Mobil

Institutional investors and hedge funds have recently bought and sold shares of the stock. Norges Bank acquired a new stake in Exxon Mobil during the second quarter worth about $6,163,719,000. First Trust Advisors LP increased its position in Exxon Mobil by 150.2% during the 2nd quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock worth $819,560,000 after purchasing an additional 4,563,707 shares in the last quarter. Cerity Partners LLC raised its holdings in Exxon Mobil by 200.7% in the second quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock valued at $217,162,000 after buying an additional 4,015,099 shares during the period. Laurel Wealth Advisors LLC raised its holdings in Exxon Mobil by 10,809.8% in the second quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock valued at $333,652,000 after buying an additional 3,066,736 shares during the period. Finally, Franklin Resources Inc. lifted its position in Exxon Mobil by 7.4% during the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock valued at $4,366,655,000 after buying an additional 2,660,910 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Trading Up 2.2%

The firm’s 50 day simple moving average is $121.84 and its 200-day simple moving average is $115.74. The company has a market capitalization of $593.22 billion, a PE ratio of 20.45, a P/E/G ratio of 8.92 and a beta of 0.37. The company has a quick ratio of 0.79, a current ratio of 1.14 and a debt-to-equity ratio of 0.12.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, October 31st. The oil and gas company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.72 by $0.16. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The business had revenue of $83.33 billion for the quarter, compared to analyst estimates of $83.09 billion. During the same quarter in the previous year, the business posted $1.92 EPS. The business’s quarterly revenue was down 5.2% on a year-over-year basis. As a group, equities research analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Friday, November 14th. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s dividend payout ratio (DPR) is 59.88%.

Exxon Mobil Company Profile

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.