ExxonMobil (NYSE:XOM) Stock Price Up 1.2% – Time to Buy?

ExxonMobil Corporation (NYSE:XOM) traded up 1.2% during mid-day trading on Tuesday. The company traded as high as $174.89 and last traded at $174.25. Approximately 11,376,525 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 18,041,188 shares. The stock had previously closed at $172.15.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Morgan Stanley raised its price target to $185 and upgraded XOM to “overweight,” citing an estimated 6.1% upside from recent levels. The move adds institutional support ahead of earnings. Morgan Stanley ExxonMobil price target article
• Positive Sentiment: Exxon’s third-quarter outlook remains favorable, with elevated crude prices, strong refining conditions, Permian growth, additional Guyana capacity and LNG expansion potentially supporting another earnings beat and stronger free cash flow. Exxon Q3 preview
• Positive Sentiment: Zacks upgraded Exxon to Rank #2, or “Buy,” reflecting improving expectations for the company’s earnings prospects. Erste Group Bank also increased its FY2026 and FY2027 EPS forecasts. Zacks Exxon rating upgrade
• Positive Sentiment: Exxon’s integrated business and project pipeline support dividend resilience. Analysts highlighted the company’s ability to generate cash beyond upstream oil production, while Trinidad could provide another long-term growth opportunity after Guyana. Exxon Trinidad growth article
• Neutral Sentiment: Guyana’s shift beyond cost recovery may reduce reported entitlement volumes but could improve margins and free cash flow, making the accounting and production impact important to upcoming results.
• Negative Sentiment: Valuation is limiting enthusiasm. One analysis argues XOM’s premium normalized P/E leaves insufficient upside after its strong rally, while other coverage questions whether current earnings can justify a multiple near that of the broader market. ExxonMobil valuation article
• Negative Sentiment: The EIA’s projection for oil near $79 per barrel by 2027 raises downside concerns for upstream earnings, even though Exxon’s dividend is viewed as sustainable in that scenario. Exxon dividend and oil price article
• Negative Sentiment: Chemicals remain a risk: earnings improved sharply, but volumes declined and margins remain below historical levels, leaving profitability vulnerable if North American feedstock advantages narrow.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. HSBC reissued a “hold” rating and set a $90.00 price objective on shares of ExxonMobil in a report on Friday, September 25th. UBS Group set a $172.00 target price on ExxonMobil in a research note on Friday, September 25th. Weiss Ratings raised ExxonMobil from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, September 29th. Morgan Stanley lifted their price target on ExxonMobil from $177.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Bank of America downgraded ExxonMobil from a “buy” rating to a “neutral” rating and boosted their price target for the company from $154.00 to $158.00 in a research note on Tuesday, July 28th. Eleven investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to data from MarketBeat, ExxonMobil presently has a consensus rating of “Hold” and an average price target of $165.13.

ExxonMobil Price Performance

The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.12. The stock has a 50-day moving average price of $162.92 and a 200 day moving average price of $154.39. The stock has a market capitalization of $724.13 billion, a price-to-earnings ratio of 22.48, a PEG ratio of 1.01 and a beta of 0.21.

ExxonMobil (NYSE:XOM) last released its quarterly earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share for the quarter, missing analysts’ consensus estimates of $3.56 by ($0.04). The business 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 posted $1.64 EPS. As a group, equities research analysts expect that ExxonMobil Corporation will post 12.52 earnings per share for the current year.

ExxonMobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 17th were given a $1.03 dividend. The ex-dividend date was Monday, August 17th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.4%. ExxonMobil’s payout ratio is 53.02%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in XOM. Aventus Investment Advisors Inc. bought a new stake in ExxonMobil during the second quarter valued at $27,000. Portus Wealth Advisors LLC bought a new position in shares of ExxonMobil in the 1st quarter worth about $36,000. Hyposwiss Advisors SA bought a new position in shares of ExxonMobil in the 4th quarter worth about $37,000. Atlantic Private Wealth LLC lifted its position in shares of ExxonMobil by 776.9% in the 1st quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company’s stock worth $39,000 after buying an additional 202 shares during the last quarter. Finally, Sankala Group LLC acquired a new position in shares of ExxonMobil in the 4th quarter valued at about $46,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

About ExxonMobil

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.