Exxon Mobil (NYSE:XOM) Reaches New 1-Year High After Analyst Upgrade

Exxon Mobil Corporation (NYSE:XOM) hit a new 52-week high during mid-day trading on Tuesday after Barclays raised their price target on the stock from $145.00 to $163.00. Barclays currently has an overweight rating on the stock. Exxon Mobil traded as high as $159.95 and last traded at $160.2490, with a volume of 4906405 shares traded. The stock had previously closed at $157.23.

Several other brokerages have also recently commented on XOM. Loop Capital set a $123.00 price target on shares of Exxon Mobil in a research note on Tuesday, February 3rd. Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a research report on Friday, January 16th. Bank of America boosted 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. Zacks Research upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. Finally, Wells Fargo & Company reduced their target price on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday, February 2nd. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Exxon Mobil presently has an average rating of “Hold” and an average price target of $147.06.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 5,000 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the sale, the vice president directly owned 23,584 shares of the company’s stock, valued at $3,295,864. This represents a 17.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last 90 days, insiders have sold 14,460 shares of company stock worth $2,039,424. Corporate insiders own 0.03% of the company’s stock.

Trending Headlines about Exxon Mobil

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

• Positive Sentiment: Barclays raised its price target on XOM to $163 and maintained an Overweight rating, citing higher 2026 oil forecasts — a direct catalyst supporting upside for the stock. Barclays Lifts PT on Exxon Mobil
• Positive Sentiment: Oil prices jumped above $100 (Brent north of $103) as doubts persisted over a U.S.-led coalition to secure shipping through the Strait of Hormuz — higher crude typically raises near-term earnings prospects for integrated majors like Exxon. Oil jumps over 2% as doubts linger
• Positive Sentiment: Analyst upgrades and dual target raises (reported by market outlets) have pushed XOM toward 52-week highs as firms adjust models for potential Iran-related supply disruption. This analyst repricing is bolstering investor demand. Exxon stock climbs following dual analyst upgrades
• Positive Sentiment: Media and investor pieces are highlighting XOM as a top dividend/energy pick as oil tops $100, which can draw income-focused flows into the stock. 2 No Brainer Energy Dividend Stocks
• Positive Sentiment: Market commentary and video analysis name Exxon among preferred names to play oil volatility and high dividends, reinforcing investor conviction. XOM, BP & ETFs: Using Oil Volatility
• Neutral Sentiment: Energy sector indexes are rising broadly, lifting XOM alongside peers; that sector strength is supportive but exposes XOM to broader commodity-driven swings. Sector Update: Energy Stocks Rise
• Neutral Sentiment: Equity futures and S&P momentum are positive this morning despite high oil — helpful for sentiment but not specific to Exxon’s fundamentals. Biggest Things Driving the S&P 500 Higher
• Negative Sentiment: Exxon VP Darrin L. Talley sold 1,080 shares (SEC Form 4), a modest insider reduction — typically a small negative signal but unlikely to reshape the bullish macro/analyst drivers. SEC Form 4 – Insider Sale

Institutional Investors Weigh In On Exxon Mobil

A number of institutional investors and hedge funds have recently modified their holdings of XOM. Vanguard Group Inc. lifted its position in shares of Exxon Mobil by 0.3% during the second quarter. Vanguard Group Inc. now owns 431,058,875 shares of the oil and gas company’s stock worth $46,468,147,000 after purchasing an additional 1,111,231 shares during the last quarter. Bank of America Corp DE lifted its holdings in Exxon Mobil by 2.0% during the 4th quarter. Bank of America Corp DE now owns 75,152,366 shares of the oil and gas company’s stock valued at $9,043,836,000 after buying an additional 1,457,560 shares in the last quarter. Norges Bank purchased a new stake in Exxon Mobil in the 4th quarter valued at about $7,625,063,000. Bank of New York Mellon Corp grew its stake in Exxon Mobil by 1.2% in the 4th quarter. Bank of New York Mellon Corp now owns 46,605,353 shares of the oil and gas company’s stock worth $5,608,488,000 after acquiring an additional 531,362 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in Exxon Mobil by 1.0% during the 3rd quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock worth $4,963,934,000 after purchasing an additional 445,283 shares during the period. 61.80% of the stock is owned by institutional investors.

Exxon Mobil Trading Up 2.0%

The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. The company has a market capitalization of $667.94 billion, a P/E ratio of 23.97, a PEG ratio of 1.22 and a beta of 0.35. The company’s fifty day simple moving average is $142.63 and its 200-day simple moving average is $125.07.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.08. The firm 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 company’s revenue was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.67 EPS. Research analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were issued a $1.03 dividend. The ex-dividend date was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.6%. Exxon Mobil’s dividend payout ratio (DPR) is currently 61.58%.

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.