FY2026 EPS Estimates for Exxon Mobil Increased by Scotiabank

Exxon Mobil Corporation (NYSE:XOM) – Analysts at Scotiabank raised their FY2026 earnings estimates for Exxon Mobil in a note issued to investors on Wednesday, February 11th. Scotiabank analyst P. Cheng now forecasts that the oil and gas company will earn $5.00 per share for the year, up from their prior forecast of $4.80. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Exxon Mobil’s current full-year earnings is $7.43 per share. Scotiabank also issued estimates for Exxon Mobil’s FY2027 earnings at $7.25 EPS.

A number of other brokerages also recently issued reports on XOM. Loop Capital set a $123.00 price target on Exxon Mobil in a report on Tuesday, February 3rd. BMO Capital Markets reiterated a “market perform” rating and issued a $155.00 target price on shares of Exxon Mobil in a report on Wednesday, February 4th. Weiss Ratings restated a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. Sanford C. Bernstein cut their price objective on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Finally, Piper Sandler decreased their target price on shares of Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a research report on Thursday, January 8th. Nine investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $140.59.

Exxon Mobil Stock Performance

Shares of XOM stock opened at $148.47 on Monday. The firm has a market cap of $626.12 billion, a price-to-earnings ratio of 22.19, a PEG ratio of 15.40 and a beta of 0.39. Exxon Mobil has a 52-week low of $97.80 and a 52-week high of $156.93. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The company’s 50 day moving average is $129.91 and its 200 day moving average is $119.08.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business had revenue of $82.31 billion during the quarter, compared to analyst estimates of $77.98 billion. During the same quarter in the previous year, the business posted $1.67 EPS. The company’s quarterly revenue was down 1.3% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of XOM. Norges Bank purchased a new stake in shares of Exxon Mobil in the 4th quarter valued at $7,625,063,000. First Trust Advisors LP lifted its position in Exxon Mobil by 150.2% during the second quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock valued at $819,560,000 after purchasing an additional 4,563,707 shares during the period. Cerity Partners LLC boosted 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 purchasing an additional 4,015,099 shares during the last quarter. Laurel Wealth Advisors LLC grew its position in Exxon Mobil by 10,809.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock worth $333,652,000 after purchasing an additional 3,066,736 shares during the period. Finally, Franklin Resources Inc. raised its stake in shares of Exxon Mobil by 7.4% during the 3rd 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 during the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the completion of the transaction, the vice president owned 23,584 shares in the company, valued at $3,295,864. This trade represents a 17.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. In the last ninety days, insiders sold 14,230 shares of company stock valued at $1,888,421. Company insiders own 0.03% of the company’s stock.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Thursday, February 12th will be given a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, February 12th. Exxon Mobil’s dividend payout ratio is presently 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.