FY2025 EPS Estimates for Exxon Mobil Co. Boosted by Analyst ... - MarketBeat

Exxon Mobil Co. (NYSE:XOM - Get Rating) - Zacks Research raised their FY2025 EPS estimates for shares of Exxon Mobil in a research report issued on Friday, June 2nd. Zacks Research analyst N. Banerjee now forecasts that the oil and gas company will post earnings of $7.67 per share for the year, up from their previous estimate of $7.66. The consensus estimate for Exxon Mobil's current full-year earnings is $9.59 per share.

Other equities analysts have also recently issued reports about the stock. UBS Group raised shares of Exxon Mobil from a "neutral" rating to a "buy" rating and lifted their target price for the company from $125.00 to $144.00 in a report on Tuesday, April 18th. Jefferies Financial Group dropped their price objective on shares of Exxon Mobil from $148.00 to $140.00 in a research note on Monday, May 15th. Truist Financial boosted their price objective on shares of Exxon Mobil from $116.00 to $118.00 in a research note on Monday, May 1st. HSBC boosted their price objective on shares of Exxon Mobil from $113.50 to $115.50 and gave the company a "hold" rating in a research note on Thursday, April 20th. Finally, Scotiabank cut shares of Exxon Mobil from a "sector outperform" rating to a "sector perform" rating and dropped their price objective for the company from $140.00 to $135.00 in a research note on Thursday, April 13th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, Exxon Mobil has a consensus rating of "Moderate Buy" and an average price target of $125.28.

Exxon Mobil Stock Performance

Shares of Exxon Mobil stock opened at $105.76 on Monday. The firm's fifty day simple moving average is $110.41 and its 200-day simple moving average is $110.20. The stock has a market capitalization of $427.59 billion, a price-to-earnings ratio of 7.16, a PEG ratio of 0.62 and a beta of 1.09. Exxon Mobil has a 12 month low of $80.69 and a 12 month high of $119.92. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.46 and a quick ratio of 1.10.

Exxon Mobil (NYSE:XOM - Get Rating) last issued its quarterly earnings data on Friday, April 28th. The oil and gas company reported $2.83 earnings per share for the quarter, topping the consensus estimate of $2.65 by $0.18. The business had revenue of $86.56 billion during the quarter, compared to the consensus estimate of $90.07 billion. Exxon Mobil had a net margin of 15.06% and a return on equity of 31.48%. The company's revenue was down 4.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.07 EPS.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 9th. Shareholders of record on Tuesday, May 16th will be issued a $0.91 dividend. The ex-dividend date is Monday, May 15th. This represents a $3.64 dividend on an annualized basis and a yield of 3.44%. Exxon Mobil's dividend payout ratio (DPR) is 24.64%.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,500 shares of the company's stock in a transaction dated Monday, May 1st. The shares were sold at an average price of $116.11, for a total value of $290,275.00. Following the transaction, the vice president now directly owns 29,272 shares in the company, valued at approximately $3,398,771.92. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.06% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of XOM. Moneta Group Investment Advisors LLC lifted its holdings in shares of Exxon Mobil by 140,855.3% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 123,341,568 shares of the oil and gas company's stock worth $13,604,575,000 after acquiring an additional 123,254,064 shares during the period. Norges Bank acquired a new stake in Exxon Mobil during the 4th quarter worth approximately $5,226,390,000. Price T Rowe Associates Inc. MD increased its position in Exxon Mobil by 94.1% during the 3rd quarter. Price T Rowe Associates Inc. MD now owns 39,666,941 shares of the oil and gas company's stock worth $3,463,672,000 after purchasing an additional 19,230,872 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Exxon Mobil by 188.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 8,740,551 shares of the oil and gas company's stock worth $327,573,000 after purchasing an additional 5,711,599 shares in the last quarter. Finally, Morgan Stanley increased its position in Exxon Mobil by 11.9% during the 4th quarter. Morgan Stanley now owns 52,478,674 shares of the oil and gas company's stock worth $5,788,398,000 after purchasing an additional 5,566,797 shares in the last quarter. 57.49% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil Company Profile

(Get Rating)

Exxon Mobil Corp. engages in the exploration, development, and distribution of oil, gas, and petroleum products. It operates through the following segments: Upstream, Downstream and Chemical. The Upstream segment produces crude oil and natural gas. The Downstream segment manufactures and trades petroleum products.