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

ExxonMobil Corporation (NYSE:XOM) has been given a consensus recommendation of “Hold” by the twenty-five analysts that are currently covering the firm, MarketBeat reports. Thirteen research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $164.26.

XOM has been the topic of several analyst reports. Mizuho dropped their target price on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a report on Thursday, July 9th. Bank of America cut shares of ExxonMobil from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $154.00 to $158.00 in a research note on Tuesday, July 28th. Argus increased their price objective on ExxonMobil from $169.00 to $175.00 and gave the company a “buy” rating in a research note on Tuesday, August 11th. JPMorgan Chase & Co. increased their price objective on shares of ExxonMobil from $158.00 to $166.00 and gave the company an “overweight” rating in a report on Monday, August 3rd. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a $180.00 price target (up from $160.00) on shares of ExxonMobil in a report on Monday, September 21st.

ExxonMobil Stock Performance

XOM opened at $160.48 on Friday. The firm has a market capitalization of $665.19 billion, a PE ratio of 20.65, a P/E/G ratio of 0.98 and a beta of 0.18. ExxonMobil has a 12-month low of $110.39 and a 12-month high of $176.41. The firm has a 50 day moving average of $159.68 and a two-hundred day moving average of $153.60. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.12.

ExxonMobil (NYSE:XOM) 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 the consensus estimate of $3.56 by ($0.04). ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%.The business had revenue of $114.53 billion for the quarter, compared to analysts’ expectations of $109.94 billion. During the same period last year, the business earned $1.64 EPS. On average, analysts anticipate that ExxonMobil will post 12.01 EPS for the current year.

ExxonMobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 17th were paid a dividend of $1.03 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $4.12 dividend on an annualized basis and a yield of 2.6%. ExxonMobil’s payout ratio is 53.02%.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil plans to drill its first exploration well offshore Greece in decades in early 2027. The project could provide exposure to additional Mediterranean reserves, although any financial benefit remains several years away. ExxonMobil VP Ardill: Drilling of first exploration well offshore Greece in decades in early 2027
• Positive Sentiment: Vietnam’s BSR signed a framework agreement with ExxonMobil Asia Pacific to supply crude for its Dung Quat refinery. The deal supports ExxonMobil’s trading and supply relationships in Asia, though specific volumes and financial terms were not disclosed. Vietnam refinery signs crude oil deal with ExxonMobil Asia Pacific
• Positive Sentiment: Goldman Sachs raised its price target for XOM from $168 to $169 while maintaining a Neutral rating, implying limited but positive upside based on the referenced price. ExxonMobil price target raised by Goldman Sachs
• Positive Sentiment: A separate report placed the average analyst price target at $167.30, offering some support for the stock’s valuation. ExxonMobil Corporation stock average price target

Institutional Trading of ExxonMobil

Several hedge funds have recently made changes to their positions in XOM. Aventus Investment Advisors Inc. purchased a new stake in ExxonMobil in the second quarter valued at $27,000. Keewaydin Investments LLC acquired a new stake in shares of ExxonMobil during the fourth quarter worth about $33,000. Portus Wealth Advisors LLC acquired a new stake in ExxonMobil during the 1st quarter worth approximately $36,000. Hyposwiss Advisors SA acquired a new stake in shares of ExxonMobil in the fourth quarter valued at $37,000. Finally, Atlantic Private Wealth LLC raised its position in ExxonMobil by 776.9% in the 1st quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company’s stock valued at $39,000 after purchasing an additional 202 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

About ExxonMobil

Exxon Mobil Corporation, doing business as ExxonMobil, is an integrated energy company engaged in the exploration, development, production and marketing of crude oil and natural gas. Its upstream operations support oil and natural gas production in multiple regions worldwide, while its downstream businesses refine crude oil into fuels and other petroleum products for commercial, industrial and consumer markets.

Through its product solutions businesses, ExxonMobil manufactures and markets lubricants, specialty fluids, petroleum-derived products and chemical products, including commodity and performance chemicals used in packaging, automotive components, construction materials and other industrial applications.