Exxon Mobil (NYSE:XOM) Price Target Raised to $175.00

Exxon Mobil (NYSE:XOM) had its target price boosted by Citigroup from $150.00 to $175.00 in a research report released on Thursday morning,Benzinga reports. Citigroup currently has a neutral rating on the oil and gas company’s stock.

A number of other research firms also recently commented on XOM. UBS Group reiterated a “buy” rating and issued a $171.00 price objective on shares of Exxon Mobil in a report on Monday, February 2nd. Barclays boosted their price target on Exxon Mobil from $145.00 to $163.00 and gave the company an “overweight” rating in a report on Monday, March 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Exxon Mobil in a research note on Monday, December 29th. Wells Fargo & Company decreased their target price on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating for the company in a research note on Monday, February 2nd. Finally, Jefferies Financial Group boosted their price objective on shares of Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $152.39.

Exxon Mobil Price Performance

XOM opened at $160.63 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The company’s 50 day simple moving average is $152.53 and its 200-day simple moving average is $129.95. Exxon Mobil has a one year low of $97.80 and a one year high of $176.41. The stock has a market capitalization of $669.31 billion, a P/E ratio of 24.01, a price-to-earnings-growth ratio of 1.11 and a beta of 0.29.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. The company had revenue of $80.04 billion during the quarter, compared to the consensus estimate of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The firm’s quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.67 earnings per share. Sell-side analysts anticipate that Exxon Mobil will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

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

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 1,080 shares of Exxon Mobil stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $155.50, for a total value of $167,940.00. Following the completion of the sale, the vice president directly owned 17,124 shares in the company, valued at approximately $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 11,460 shares of company stock valued at $1,687,854 in the last three months. 0.03% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE lifted its stake in Exxon Mobil by 2.0% during the fourth quarter. Bank of America Corp DE now owns 75,152,366 shares of the oil and gas company’s stock worth $9,043,836,000 after purchasing an additional 1,457,560 shares during the last quarter. Norges Bank acquired a new position in Exxon Mobil in the 4th quarter valued at approximately $7,625,063,000. Bank of New York Mellon Corp raised its position in Exxon Mobil by 1.2% during 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 purchasing an additional 531,362 shares during the last quarter. Northern Trust Corp raised its position in shares of Exxon Mobil by 1.0% during the third quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock worth $4,963,934,000 after acquiring an additional 445,283 shares during the last quarter. Finally, Franklin Resources Inc. lifted its stake in shares of Exxon Mobil by 7.4% in the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock worth $4,366,655,000 after acquiring an additional 2,660,910 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Trending Headlines about Exxon Mobil

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

• Positive Sentiment: Citi and other analysts have raised forecasts/targets for XOM, signaling stronger analyst conviction and supporting upside momentum. Citi Boosts Exxon Mobil (XOM) Price Target by 17% Amid Middle East Tensions
• Positive Sentiment: Exxon’s Golden Pass LNG JV is slated to supply Italy from June, a commercial win that supports near-term LNG volumes and cash flow visibility. Exclusive: Italy to get LNG from QatarEnergy-Exxon’s US Golden Pass from June, sources say
• Positive Sentiment: Energy led Q1 performance as oil rallied on Middle East tensions, lifting sector earnings outlook and keeping investor interest in majors like Exxon. Energy Dominated Q1 2026 As The Broader Market Stumbled
• Neutral Sentiment: Wall Street debate: some outlets updated Exxon’s fair value higher (reflecting oil assumptions), but the revisions show the upside is now more dependent on sustained high oil prices. How The ExxonMobil (XOM) Investment Story Is Shifting With Oil Prices And Cash Return Debates
• Neutral Sentiment: Consensus analyst stance remains largely cautious-to-neutral (average “Hold”), limiting the force of upgrades unless guidance or macro factors change materially. Exxon Mobil Corporation (NYSE:XOM) Given Average Rating of “Hold” by Brokerages
• Negative Sentiment: Barron’s argues oil stocks look “tapped out” — crude pop hasn’t translated to proportional gains in oil equities, implying limited additional upside and greater vulnerability to profit-taking. Oil Stocks Look Tapped Out. Why It’s Time to Move Into Other Sectors.
• Negative Sentiment: Earlier intraday volatility and reports of energy-stock routs show Exxon can pull back quickly if oil prices retrace or geopolitical risk premia fade. Exxon leads energy stock rout, on pace for biggest drop in a year

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.