XOM

The Trend Continues for Exxon Mobil as Shares Climb Higher.

Exxon Mobil stock is trading -16.16% below its average target price of $126.75 after marking a 1.1% change during today's afternoon session. Analysts are giving the large-cap Oil & Gas Integrated company an average rating of buy and target prices ranging from $110.0 to $146.0 per share.

The stock has a very low short interest at 0.9%, and a short ratio of 2.28. At 0.06%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation. Finally, we also note that an average number of institutional investors are invested in the stock, with 60.9% of Exxon Mobil's shares being owned by this investor type.

Institutions Invested in Exxon Mobil

Date Reported Holder Percentage Shares Value
2023-03-31 Vanguard Group, Inc. (The) 10% 392,915,324 $41,753,146,665
2023-03-31 Blackrock Inc. 7% 277,965,286 $29,537,980,947
2023-03-31 State Street Corporation 5% 216,174,104 $22,971,741,029
2023-03-31 FMR, LLC 4% 144,949,334 $15,403,040,889
2023-03-31 Geode Capital Management, LLC 2% 73,871,122 $7,849,914,734
2023-03-31 Bank of America Corporation 1% 53,875,034 $5,725,030,455
2023-03-31 JP Morgan Chase & Company 1% 52,386,090 $5,566,807,821
2023-03-31 Morgan Stanley 1% 51,138,195 $5,434,200,260
2023-03-31 Bank Of New York Mellon Corporation 1% 49,497,412 $5,259,842,455
2023-03-31 Price (T.Rowe) Associates Inc 1% 47,592,122 $5,057,376,815

Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Exxon Mobil.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS