ExxonMobil Corporation (NYSE:XOM) Stock Has Consensus Target Price of $167.30 According to Brokerages

Key Points

• Brokerages maintain a “Hold” consensus on ExxonMobil, with 14 hold ratings and 11 buy ratings. The average 12-month price target is $167.30.
• ExxonMobil shares opened at $178.36, near their 52-week high of $179.30, while the company reported quarterly EPS of $3.52—slightly below estimates—but revenue of $114.53 billion exceeded expectations.
• The company paid a quarterly dividend of $1.03 per share, equivalent to an annualized $4.12 dividend and a 2.3% yield. Improving refining margins and production trends support the outlook, though falling crude prices remain a risk.

Shares of ExxonMobil Corporation (NYSE:XOM - Get Free Report) have been assigned an average recommendation of "Hold" from the twenty-five ratings firms that are covering the stock, Marketbeat Ratings reports. Fourteen equities research analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $167.30.

A number of research firms recently commented on XOM. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $180.00 price target (up from $160.00) on shares of ExxonMobil in a research note on Monday, September 21st. JPMorgan Chase & Co. upped their price objective on ExxonMobil from $158.00 to $166.00 and gave the company an "overweight" rating in a research note on Monday, August 3rd. HSBC restated a "hold" rating and set a $90.00 price objective on shares of ExxonMobil in a research note on Friday, September 25th. DZ Bank downgraded ExxonMobil from a "buy" rating to a "hold" rating and set a $156.00 target price on the stock. in a report on Tuesday, August 4th. Finally, Piper Sandler lifted their target price on ExxonMobil from $158.00 to $185.00 and gave the stock a "neutral" rating in a research report on Thursday, September 3rd.

ExxonMobil Price Performance

XOM opened at $178.36 on Tuesday. The company has a 50-day moving average of $164.22 and a 200-day moving average of $154.53. The company has a market capitalization of $739.30 billion, a P/E ratio of 22.96, a PEG ratio of 1.04 and a beta of 0.21. ExxonMobil has a 1-year low of $111.98 and a 1-year high of $179.30. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.85 and a current ratio of 1.13.

ExxonMobil (NYSE:XOM - Get Free Report) last issued its earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.56 by ($0.04). ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. The company had revenue of $114.53 billion during the quarter, compared to analyst estimates of $109.94 billion. During the same quarter last year, the company posted $1.64 EPS. Equities analysts expect that ExxonMobil will post 12.52 EPS for the current fiscal year.

ExxonMobil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 17th were given a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Monday, August 17th. ExxonMobil's dividend payout ratio is currently 53.02%.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Barclays raised its price target on ExxonMobil from $177 to $200 and upgraded the stock to “overweight,” implying approximately 12% upside from the referenced price. The move reflects stronger analyst confidence in ExxonMobil’s earnings outlook. Barclays ExxonMobil price target update
• Positive Sentiment: ExxonMobil has indicated that stronger refining margins could provide a significant boost to third-quarter results, with estimates pointing to a potential $4.5 billion refining tailwind. Improving Permian production, drilling efficiency and cost discipline also support the company’s upstream outlook. ExxonMobil refining tailwind
• Positive Sentiment: Proponent became an authorized distributor of ExxonMobil Aviation lubricants in the Americas, expanding ExxonMobil’s aftermarket distribution reach. The announcement is strategically positive but likely has limited near-term earnings impact. ExxonMobil aviation lubricants distribution agreement
• Neutral Sentiment: Analyst commentary continues to highlight ExxonMobil’s diversified business across exploration, refining, chemicals and specialty products. That diversification supports cash generation and dividend security, although the stock’s yield is viewed as relatively modest. ExxonMobil dividend analysis
• Negative Sentiment: The main pressure on XOM is the decline in crude prices from recent highs. Lower oil prices can reduce upstream revenue and profit expectations, even as refining margins remain favorable. ExxonMobil shares and crude oil prices

Hedge Funds Weigh In On ExxonMobil

Several large investors have recently added to or reduced their stakes in the company. GQG Partners LLC lifted its stake in ExxonMobil by 153.3% in the second quarter. GQG Partners LLC now owns 16,877,523 shares of the oil and gas company's stock valued at $2,307,497,000 after acquiring an additional 10,214,420 shares during the last quarter. Quantum Portfolio Management LLC bought a new stake in ExxonMobil in the first quarter worth approximately $965,932,000. Arrowstreet Capital Limited Partnership acquired a new position in shares of ExxonMobil during the 1st quarter worth $766,345,000. Diamant Asset Management Inc. increased its stake in shares of ExxonMobil by 17,312.4% during the 1st quarter. Diamant Asset Management Inc. now owns 2,183,864 shares of the oil and gas company's stock worth $370,514,000 after purchasing an additional 2,171,322 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of ExxonMobil by 5.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 28,364,314 shares of the oil and gas company's stock worth $4,812,790,000 after purchasing an additional 1,540,902 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.

ExxonMobil Company Profile

Exxon Mobil Corporation, doing business as ExxonMobil NYSE: XOM, is an integrated energy company engaged in the exploration, development, production, and sale of crude oil and natural gas. Its operations span the energy value chain, from resource development and refining to the marketing and distribution of fuels and other energy products.

Through its Energy Products segment, ExxonMobil manufactures and markets transportation fuels, lubricants, and other petroleum-based products. Its Chemical Products business produces petrochemicals, including commodity and performance products used in packaging, automotive components, construction materials, and consumer goods.

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