ExxonMobil's (XOM) Sector Perform Rating Reiterated at Royal Bank Of Canada

Key Points

• Royal Bank of Canada reiterated a "sector perform" rating on ExxonMobil with a $180 target, implying roughly a 16.77% potential upside from the current price.
• ExxonMobil beat Q1 expectations with adjusted EPS of $1.16 and revenue of $83.16 billion, reinforcing confidence in its cash flow and capital‑returns focus.
• MarketBeat's analyst aggregation shows an average rating of "Moderate Buy" and an average price target of $161.70, based on 1 Strong Buy, 10 Buy and 10 Hold recommendations.

ExxonMobil (NYSE:XOM - Get Free Report)'s stock had its "sector perform" rating reiterated by Royal Bank Of Canada in a research report issued on Tuesday,Benzinga reports. They presently have a $180.00 target price on the oil and gas company's stock. Royal Bank Of Canada's target price indicates a potential upside of 16.77% from the company's current price.

A number of other equities analysts have also weighed in on the stock. HSBC lifted their price objective on shares of ExxonMobil from $135.00 to $158.00 and gave the company a "hold" rating in a research report on Friday, March 20th. Barclays lifted their price objective on shares of ExxonMobil from $145.00 to $163.00 and gave the company an "overweight" rating in a research report on Monday, March 16th. Morgan Stanley decreased their target price on shares of ExxonMobil from $172.00 to $171.00 and set an "overweight" rating on the stock in a research report on Friday, April 17th. Jefferies Financial Group boosted their target price on shares of ExxonMobil from $178.00 to $184.00 and gave the stock a "buy" rating in a research report on Thursday, April 9th. Finally, Loop Capital set a $123.00 target price on shares of ExxonMobil in a research report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $161.70.

ExxonMobil Stock Performance

Shares of XOM traded up $0.46 during mid-day trading on Tuesday, reaching $154.15. 3,938,179 shares of the company's stock were exchanged, compared to its average volume of 21,497,682. 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 stock has a market capitalization of $640.73 billion, a PE ratio of 25.97, a price-to-earnings-growth ratio of 0.69 and a beta of 0.19. The business's fifty day simple moving average is $154.98 and its 200-day simple moving average is $135.25. ExxonMobil has a 52-week low of $101.18 and a 52-week high of $176.41.

ExxonMobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, beating 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 analyst estimates of $81.13 billion. During the same period last year, the firm posted $1.76 EPS. ExxonMobil's quarterly revenue was up 2.4% on a year-over-year basis. On average, equities research analysts expect that ExxonMobil will post 11.18 earnings per share for the current year.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction on Monday, March 16th. The stock was 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. This represents a 5.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders have sold 6,460 shares of company stock worth $989,104. 0.03% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On ExxonMobil

Several hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE raised its stake in shares of ExxonMobil 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 valued at $9,043,836,000 after purchasing an additional 1,457,560 shares in the last quarter. Norges Bank acquired a new position in ExxonMobil during the fourth quarter worth about $7,625,063,000. Bank of New York Mellon Corp grew its holdings in ExxonMobil by 1.2% during the fourth 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 acquiring an additional 531,362 shares during the period. Northern Trust Corp grew its holdings in ExxonMobil 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 period. Finally, Franklin Resources Inc. grew its holdings in ExxonMobil by 7.4% during 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 ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q1 beat — Exxon reported adjusted EPS of ~$1.16 and revenue above expectations, with commentary emphasizing operational flexibility that helped absorb global disruptions; the print and guidance framing are supporting investor confidence in cash flow. Exxon (XOM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
• Positive Sentiment: Analyst value tweak — fair‑value estimates have been nudged slightly higher as analysts update oil/CF assumptions; that modest upgrade helps justify current multiples and underpins buying interest. How The Exxon Mobil (XOM) Narrative Is Shifting With New Oil And Valuation Assumptions
• Positive Sentiment: Capital‑returns focus — coverage notes the industry trend of prioritizing dividends, buybacks and debt paydown over aggressive output growth; for Exxon this supports shareholder yield and EPS accretion even without big capex increases. Big Oil Resists Push To Prioritize Output Growth
• Neutral Sentiment: Potential upside from Venezuela — Exxon is reported to be weighing re‑entry opportunities as regulatory conditions shift; this is a meaningful resource story if pursued but carries material political and execution risk. Exxon Mobil Weighs Venezuela Return As Valuation Signals Potential Upside
• Neutral Sentiment: Market tightness — reports of large U.S. crude shipments and Hormuz disruptions point to tighter global supply, which supports oil prices (positive for Exxon revenue) but also raises volatility and refining/transport constraints. US Ships 250 Million Barrels As Oil Shock Tests Export Limits
• Negative Sentiment: Earnings nuance and volatility — some coverage highlights that headline GAAP profits can swing sharply (one report notes large year‑over‑year profit declines for majors due to derivative timing and other effects), underscoring earnings volatility despite stronger adjusted results. That keeps a risk premium on the shares. Exxon, Chevron Profits Fall 46%, 37% Despite Oil Price Surge

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.

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