ExxonMobil (NYSE:XOM) Stock Price Up 2.1% – Time to Buy?

ExxonMobil Corporation (NYSE:XOM) rose 2.1% during mid-day trading on Tuesday . The stock traded as high as $151.76 and last traded at $151.5350. 13,001,940 shares traded hands during trading, a decline of 35% from the average daily volume of 19,899,861 shares. The stock had previously closed at $148.36.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Brent crude surged sharply over the past several days, lifting sentiment across energy stocks and highlighting the benefit to ExxonMobil’s cash flow and earnings when oil prices move higher.
• Positive Sentiment: News that the U.S. reimposed a blockade on Iran raised concerns about tighter global oil supply, a development that could support crude prices and improve ExxonMobil’s upstream pricing environment. President Trump Just Reimposed the Iran Blockade. Here’s What That Means for Oil Stocks.
• Positive Sentiment: Analyst commentary has continued to spotlight ExxonMobil’s energy portfolio, which can reinforce investor confidence in the company’s scale, asset mix, and earnings resilience. The Zacks Analyst Blog Highlights Apple, JPMorgan Chase, ExxonMobil, Smith-Midland and Coffee Holding
• Neutral Sentiment: ExxonMobil said it will release second-quarter 2026 financial results on July 31, with management scheduled to review the numbers afterward; the announcement itself is a routine earnings-update reminder rather than a new operational development. ExxonMobil to Release Second Quarter 2026 Financial Results
• Neutral Sentiment: Other recent articles discussed ExxonMobil among a list of promising oil stocks and names that could outperform if energy demand stays strong, adding to the broader bullish tone for the sector. These 3 Energy Stocks Could Outpace the Market in the Next 12 Months

Analyst Ratings Changes

XOM has been the subject of several research reports. Weiss Ratings cut shares of ExxonMobil from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 21st. Scotiabank upped their target price on shares of ExxonMobil from $128.00 to $163.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, April 22nd. Bank of America raised shares of ExxonMobil from a “neutral” rating to a “buy” rating and set a $154.00 price target on the stock in a research note on Tuesday, June 16th. Barclays boosted their price objective on shares of ExxonMobil from $163.00 to $182.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Finally, Piper Sandler reduced their price objective on ExxonMobil from $186.00 to $182.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $164.45.

ExxonMobil Trading Up 2.1%

The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.77 and a current ratio of 1.04. The company has a market capitalization of $628.10 billion, a price-to-earnings ratio of 25.55, a P/E/G ratio of 0.61 and a beta of 0.17. The business’s 50-day simple moving average is $145.76 and its 200-day simple moving average is $146.68.

ExxonMobil (NYSE:XOM) last issued its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, topping the consensus estimate of $0.98 by $0.18. The company had revenue of $83.16 billion during the quarter, compared to analysts’ expectations of $81.13 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. ExxonMobil’s revenue was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.76 EPS. On average, research analysts expect that ExxonMobil Corporation will post 11.38 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were issued a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Friday, May 15th. ExxonMobil’s payout ratio is currently 69.48%.

Institutional Investors Weigh In On ExxonMobil

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Eagle Capital Management LLC raised its stake in ExxonMobil by 15.3% during the 1st quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after buying an additional 376 shares during the period. Caxton Associates LLP acquired a new position in ExxonMobil in the first quarter valued at about $305,000. Sivia Capital Partners LLC increased its holdings in shares of ExxonMobil by 1.9% in the second quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock worth $1,211,000 after acquiring an additional 207 shares in the last quarter. United Bank increased its holdings in shares of ExxonMobil by 2.8% in the second quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock worth $2,352,000 after acquiring an additional 600 shares in the last quarter. Finally, Schnieders Capital Management LLC. raised its position in shares of ExxonMobil by 17.4% during the second quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company’s stock worth $3,957,000 after purchasing an additional 5,443 shares during the period. Institutional investors own 61.80% of the company’s stock.

ExxonMobil Company Profile

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.