FY2025 EPS Estimate for Exxon Mobil Increased by Analyst

Exxon Mobil Co. (NYSE:XOM - Free Report) - Analysts at Zacks Research boosted their FY2025 EPS estimates for Exxon Mobil in a report released on Wednesday, April 2nd. Zacks Research analyst R. Department now forecasts that the oil and gas company will post earnings of $7.23 per share for the year, up from their previous estimate of $7.21. The consensus estimate for Exxon Mobil's current full-year earnings is $7.43 per share. Zacks Research also issued estimates for Exxon Mobil's FY2026 earnings at $8.60 EPS and Q1 2027 earnings at $2.83 EPS.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing analysts' consensus estimates of $1.77 by ($0.10). Exxon Mobil had a return on equity of 12.92% and a net margin of 9.63%. During the same period in the previous year, the company posted $2.48 earnings per share.

XOM has been the topic of a number of other reports. Truist Financial lifted their target price on Exxon Mobil from $117.00 to $119.00 and gave the stock a "hold" rating in a research note on Monday, January 13th. Argus upgraded shares of Exxon Mobil to a "strong-buy" rating in a research note on Tuesday, February 4th. Mizuho reduced their target price on shares of Exxon Mobil from $131.00 to $129.00 and set a "neutral" rating for the company in a research report on Thursday, April 3rd. Wells Fargo & Company lowered their price target on shares of Exxon Mobil from $136.00 to $135.00 and set an "overweight" rating on the stock in a report on Monday, February 3rd. Finally, Royal Bank of Canada reissued a "sector perform" rating and set a $115.00 price objective on shares of Exxon Mobil in a report on Monday, February 3rd. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Exxon Mobil currently has an average rating of "Moderate Buy" and an average target price of $128.20.

Remove Ads

Exxon Mobil Stock Performance

Exxon Mobil stock traded down $5.96 during mid-day trading on Monday, reaching $99.84. 33,965,588 shares of the company's stock were exchanged, compared to its average volume of 15,984,199. The firm has a market capitalization of $433.21 billion, a PE ratio of 12.73, a P/E/G ratio of 3.02 and a beta of 0.61. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The business's fifty day simple moving average is $110.47 and its 200 day simple moving average is $113.27. Exxon Mobil has a one year low of $97.80 and a one year high of $126.34.

Hedge Funds Weigh In On Exxon Mobil

A number of institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its holdings in shares of Exxon Mobil by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 93,299,598 shares of the oil and gas company's stock worth $10,023,875,000 after purchasing an additional 1,104,617 shares in the last quarter. Norges Bank purchased a new position in Exxon Mobil in the 4th quarter worth approximately $6,936,737,000. Northern Trust Corp grew its stake in Exxon Mobil by 7.0% in the 4th quarter. Northern Trust Corp now owns 46,017,358 shares of the oil and gas company's stock worth $4,950,087,000 after buying an additional 2,998,892 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Exxon Mobil by 14.4% during the 4th quarter. Bank of New York Mellon Corp now owns 43,983,110 shares of the oil and gas company's stock valued at $4,731,263,000 after buying an additional 5,538,694 shares in the last quarter. Finally, Franklin Resources Inc. raised its position in shares of Exxon Mobil by 13.1% during the 4th quarter. Franklin Resources Inc. now owns 35,662,602 shares of the oil and gas company's stock valued at $3,836,226,000 after buying an additional 4,140,046 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the sale, the vice president now owns 18,087 shares of the company's stock, valued at approximately $1,989,570. This trade represents a 10.40 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.03% of the stock is owned by corporate insiders.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were given a $0.99 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.97%. Exxon Mobil's dividend payout ratio (DPR) is currently 50.51%.

About Exxon Mobil

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.