ExxonMobil’s (XOM) “Equal Weight” Rating Reiterated at Wells Fargo & Company

Wells Fargo & Company reaffirmed their equal weight rating on shares of ExxonMobil (NYSE:XOM) in a report issued on Thursday, MarketBeat Ratings reports. They currently have a $182.00 price target on the oil and gas company’s stock.

A number of other analysts also recently commented on XOM. The Goldman Sachs Group boosted their price target on shares of ExxonMobil from $168.00 to $169.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 22nd. HSBC reiterated a “hold” rating and set a $90.00 price objective on shares of ExxonMobil in a research note on Friday, September 25th. Wall Street Zen raised ExxonMobil to a “hold” rating in a report on Saturday, September 5th. DZ Bank downgraded ExxonMobil from a “buy” rating to a “hold” rating and set a $156.00 target price for the company. in a research report on Tuesday, August 4th. Finally, UBS Group set a $172.00 price target on ExxonMobil in a research note on Friday, September 25th. Eleven research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $164.78.

ExxonMobil Price Performance

Shares of XOM opened at $163.80 on Thursday. ExxonMobil has a one year low of $110.39 and a one year high of $176.41. The stock’s fifty day moving average is $160.61 and its 200-day moving average is $153.96. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.85 and a current ratio of 1.13. The firm has a market capitalization of $678.96 billion, a price-to-earnings ratio of 21.08, a price-to-earnings-growth ratio of 0.97 and a beta of 0.21.

ExxonMobil (NYSE:XOM) last posted its quarterly earnings data on Friday, July 31st. The oil and gas company reported $3.52 earnings per share for the quarter, missing the consensus estimate of $3.56 by ($0.04). The company had revenue of $114.53 billion during the quarter, compared to analyst estimates of $109.94 billion. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%.During the same period in the previous year, the company earned $1.64 EPS. Equities analysts anticipate that ExxonMobil will post 12.4 EPS for the current year.

ExxonMobil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 17th were 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 was Monday, August 17th. ExxonMobil’s payout ratio is presently 53.02%.

Institutional Investors Weigh In On ExxonMobil

Several hedge funds have recently modified their holdings of XOM. Dimensional Fund Advisors LP lifted its stake in ExxonMobil by 5.7% during the first quarter. Dimensional Fund Advisors LP now owns 28,364,314 shares of the oil and gas company’s stock valued at $4,812,790,000 after buying an additional 1,540,902 shares in the last quarter. Amundi raised its holdings in shares of ExxonMobil by 5.1% during the first quarter. Amundi now owns 24,511,156 shares of the oil and gas company’s stock valued at $4,158,563,000 after acquiring an additional 1,192,386 shares during the period. Invesco Ltd. raised its holdings in shares of ExxonMobil by 3.4% during the fourth quarter. Invesco Ltd. now owns 17,367,358 shares of the oil and gas company’s stock valued at $2,089,988,000 after acquiring an additional 577,181 shares during the period. GQG Partners LLC lifted its position in shares of ExxonMobil by 153.3% in the 2nd 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 in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of ExxonMobil by 18.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,997,332 shares of the oil and gas company’s stock valued at $1,925,119,000 after acquiring an additional 2,465,410 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Higher oil prices could lift earnings. Brent crude has moved back above $100 per barrel amid Middle East tensions, reduced Chinese fuel exports and potential supply-chain disruption. Higher prices generally benefit ExxonMobil’s upstream production and cash flow. Brent Oil Is Back Above $100
• Positive Sentiment: Shareholder returns remain a key attraction. ExxonMobil returned $9.4 billion to investors last quarter through dividends and share repurchases, reinforcing its appeal to income and total-return investors. ExxonMobil Returned $9.4 Billion to Shareholders
• Positive Sentiment: Long-term production fundamentals are favorable. Analysts point to ExxonMobil’s low-cost Guyana and Permian Basin assets, production growth and cost reductions as potential drivers of future earnings and cash flow. ExxonMobil’s Advantageous Upstream Assets
• Neutral Sentiment: Energy remains a leading market sector. Strong oil prices have helped energy join technology among 2026’s market leaders, although persistent inflation and higher bond yields could affect valuations across the market. AI and Oil Shape Market Leadership
• Neutral Sentiment: ExxonMobil’s integrated model offers cycle protection. Commentary comparing ExxonMobil with shale producer Devon Energy suggests XOM may be less leveraged to an oil-price spike than a pure-play driller, but its refining, chemicals and downstream operations can provide diversification across the energy cycle. The Supermajor vs. the Shale Specialist
• Positive Sentiment: Exxon prevailed in a consumer lawsuit concerning plastic-recycling claims, removing a potential legal and reputational overhang. Exxon Defeats Consumer Lawsuit
• Negative Sentiment: Wells Fargo downgraded XOM from “overweight” to “equal weight.” Although its $182 price target remains above recent trading levels, the downgrade reflects reduced expected upside; reported Wall Street upside has narrowed sharply since June. Wells Fargo Downgrade Analysis
• Negative Sentiment: Refiners are outperforming integrated majors. Marathon Petroleum and Valero have benefited more directly from elevated fuel margins, while ExxonMobil’s broader business mix has limited its relative gains. Refiners Outrun Integrated Majors

ExxonMobil Company Profile

Exxon Mobil Corporation, commonly known as ExxonMobil, is an integrated energy company engaged in the exploration, development, production and sale of crude oil and natural gas. The company also manufactures and markets fuels, lubricants, petrochemicals and specialty products used in transportation, industrial and consumer applications.

ExxonMobil operates across the energy value chain through businesses that include upstream oil and natural gas production, refining and fuels marketing, chemical manufacturing, and lower-carbon solutions.