Exxon Mobil (NYSE:XOM) Sets New 52-Week High – Here’s What Happened

Shares of Exxon Mobil Corporation (NYSE:XOM) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $126.48 and last traded at $124.2780, with a volume of 906465 shares changing hands. The stock had previously closed at $122.65.

Key Stores Impacting Exxon Mobil

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

• Positive Sentiment: U.S. operation and related geopolitical developments have lifted oil-stock sentiment, driving buying in majors including Exxon despite little change in crude prices. Read More.
• Positive Sentiment: Market reports show Exxon and peers spiking even as oil stays flat — investors are pricing sector-specific geopolitical opportunity and potential reserve access rather than immediate commodity moves. Read More.
• Positive Sentiment: U.S. officials have told majors they could recover claims in Venezuela if they return and invest heavily, which implies a multi‑billion dollar, long‑term opportunity for Exxon to access large reserves if political conditions permit. Read More.
• Neutral Sentiment: Sanford C. Bernstein trimmed its Exxon price target to $137 from $142 but maintained an “outperform” rating — a modest haircut that still implies upside relative to recent levels. Read More.
• Neutral Sentiment: Valuation and cash‑flow analyses are circulating as the name trades near a 52‑week high; these pieces highlight stretched multiples vs. longer‑term cash generation narratives. Read More.
• Neutral Sentiment: Unusually large options activity has been noted around XOM, signaling increased speculative and hedging interest that can amplify intraday moves but is not a directional fundamental read. Read More.
• Negative Sentiment: Reports of required heavy reinvestment to recover Venezuelan claims underline significant capex and political risk — potential earnings dilution or long payback that could weigh on valuation if pursued. Read More.
• Negative Sentiment: Insider selling and social‑media chatter about profit‑taking after a recent 52‑week high could pressure the stock if momentum fades ahead of Exxon’s upcoming earnings. Read More.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on XOM shares. Citigroup boosted their price objective on Exxon Mobil from $115.00 to $118.00 and gave the company a “neutral” rating in a research note on Wednesday, December 10th. BNP Paribas Exane upgraded shares of Exxon Mobil from an “underperform” rating to a “neutral” rating and set a $114.00 price objective for the company in a research note on Monday, December 8th. Sanford C. Bernstein dropped their target price on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research report on Monday. Zacks Research cut shares of Exxon Mobil from a “hold” rating to a “strong sell” rating in a report on Thursday. Finally, UBS Group reaffirmed a “buy” rating on shares of Exxon Mobil in a research note on Tuesday, December 9th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $129.81.

Exxon Mobil Stock Performance

The company has a 50 day simple moving average of $117.33 and a 200-day simple moving average of $113.56. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.14 and a quick ratio of 0.79. The stock has a market capitalization of $518.54 billion, a P/E ratio of 17.83, a price-to-earnings-growth ratio of 7.56 and a beta of 0.37.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, June 17th. The oil and gas company reported $0.65 EPS for the quarter. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The firm had revenue of $57.55 billion for the quarter. On average, equities analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were given a dividend of $1.03 per share. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.99. This represents a $4.12 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Friday, November 14th. Exxon Mobil’s dividend payout ratio is presently 59.88%.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total transaction of $351,570.00. Following the transaction, the vice president owned 28,584 shares in the company, valued at approximately $3,349,758.96. This represents a 9.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.03% of the stock is owned by company insiders.

Institutional Trading of Exxon Mobil

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its position in Exxon Mobil by 0.3% during the second quarter. Vanguard Group Inc. now owns 431,058,875 shares of the oil and gas company’s stock valued at $46,468,147,000 after buying an additional 1,111,231 shares during the period. Geode Capital Management LLC lifted its holdings in Exxon Mobil by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 96,307,931 shares of the oil and gas company’s stock worth $10,345,132,000 after purchasing an additional 342,967 shares in the last quarter. Norges Bank purchased a new stake in Exxon Mobil during the 2nd quarter valued at approximately $6,163,719,000. Bank of New York Mellon Corp raised its position in shares of Exxon Mobil by 2.8% during the second quarter. Bank of New York Mellon Corp now owns 46,598,313 shares of the oil and gas company’s stock valued at $5,023,298,000 after buying an additional 1,274,860 shares during the last quarter. Finally, Northern Trust Corp boosted 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. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Company Profile

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.