ExxonMobil (NYSE:XOM) Trading Up 1.4% - Still a Buy?

Key Points

• ExxonMobil shares rose 1.4% and the stock traded near $163, reflecting continued investor interest in the energy major amid a volatile oil market.
• The article highlights several bullish catalysts, including higher crude prices from Middle East tensions and a Texas jury decision clearing ExxonMobil of investor fraud claims, both of which support sentiment.
• Analysts remain generally constructive: ExxonMobil has a Moderate Buy consensus rating, a target price around $163.95, and it recently beat quarterly earnings estimates while announcing a $1.03 quarterly dividend.

ExxonMobil Corporation (NYSE:XOM - Get Free Report) shares were up 1.4% on Tuesday . The stock traded as high as $163.32 and last traded at $162.7090. Approximately 20,621,976 shares traded hands during trading, a decline of 3% from the average daily volume of 21,322,363 shares. The stock had previously closed at $160.49.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil is being highlighted as a buy at around $160 in a new valuation comparison with Chevron, reinforcing the view that XOM still offers attractive value in a volatile oil market. Chevron at $196, ExxonMobil at $160: Buy, Sell or Hold?
• Positive Sentiment: Higher crude prices tied to Middle East tensions are supporting the entire energy sector and should boost ExxonMobil’s earnings power, especially if oil remains near recent highs. ExxonMobil Stock Analysis: Buy or Sell?
• Positive Sentiment: ExxonMobil also benefited from a Texas jury clearing the company of investor fraud claims, removing an overhang and helping strengthen sentiment around the stock. Exxon Mobil (XOM) Valuation Check As Legal Win And Strong Q1 Meet Rising Crude Prices
• Neutral Sentiment: Analysts at Erste Group modestly lowered FY2026 EPS estimates for ExxonMobil, but the new forecast remains close to consensus and does not materially change the long-term earnings outlook. ExxonMobil Corporation NYSE: XOM - Free Report
• Neutral Sentiment: Articles noting that ExxonMobil is attracting investor attention and comparing it favorably with Chevron mainly reflect rising market interest rather than a new company-specific catalyst. Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know

Wall Street Analysts Forecast Growth

XOM has been the subject of a number of research reports. HSBC increased their target price on shares of ExxonMobil from $135.00 to $158.00 and gave the stock a "hold" rating in a research report on Friday, March 20th. Morgan Stanley cut their target price on shares of ExxonMobil from $172.00 to $171.00 and set an "overweight" rating for the company in a research report on Friday, April 17th. Weiss Ratings reiterated a "hold (c+)" rating on shares of ExxonMobil in a research report on Friday, April 10th. UBS Group increased their target price on shares of ExxonMobil from $171.00 to $174.00 and gave the stock a "buy" rating in a research report on Monday, May 4th. Finally, TD Cowen cut their target price on shares of ExxonMobil from $175.00 to $172.00 and set a "buy" rating for the company in a research report on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $163.95.

ExxonMobil Stock Performance

The stock has a market capitalization of $674.42 billion, a PE ratio of 27.44, a P/E/G ratio of 0.69 and a beta of 0.19. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.77. The business's fifty day moving average price is $155.23 and its 200-day moving average price is $137.92.

ExxonMobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.98 by $0.18. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The firm had revenue of $83.16 billion for the quarter, compared to the consensus estimate of $81.13 billion. During the same period in the prior year, the firm posted $1.76 earnings per share. The company's revenue for the quarter was up 2.4% on a year-over-year basis. As a group, equities research analysts expect that ExxonMobil Corporation will post 11.5 EPS for the current year.

ExxonMobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, May 15th. ExxonMobil's dividend payout ratio is presently 69.48%.

Insider Activity

In other news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $155.50, for a total value of $167,940.00. Following the sale, the vice president directly owned 17,124 shares of the company's stock, valued at approximately $2,662,782. This represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.03% of the company's stock.

Institutional Investors Weigh In On ExxonMobil

A number of institutional investors and hedge funds have recently modified their holdings of the company. Eagle Capital Management LLC raised its stake in ExxonMobil by 15.3% in the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company's stock valued at $337,000 after purchasing an additional 376 shares in the last quarter. Caxton Associates LLP purchased a new stake in ExxonMobil in the first quarter valued at approximately $305,000. Sivia Capital Partners LLC raised its stake in 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 valued at $1,211,000 after purchasing an additional 207 shares in the last quarter. United Bank raised its stake in ExxonMobil by 2.8% in the second quarter. United Bank now owns 21,821 shares of the oil and gas company's stock valued at $2,352,000 after purchasing an additional 600 shares in the last quarter. Finally, Schnieders Capital Management LLC. raised its stake in ExxonMobil by 17.4% in the second quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company's stock valued at $3,957,000 after purchasing an additional 5,443 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

About ExxonMobil

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.

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