Exxon Mobil stock is trading -10.18% below its average target price of $122.13 after dropping -1.2% during today's morning session. Analysts are giving the large-cap Oil & Gas Drilling company an average rating of buy and target prices ranging from $100.0 to $146.0 per share.
Exxon Mobil's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 0.8%. The stock's short ratio is 1.94. At 0.06%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.
Another number to watch is the company's rate of institutional share ownership, which now stands at 60.7%. In conclusion, we believe there is mixed market sentiment regarding Exxon Mobil.
Institutions Invested in Exxon Mobil
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-06-30 | Vanguard Group Inc | 10% | 388,243,477 | $42,588,368,091 |
| 2023-06-30 | Blackrock Inc. | 7% | 271,990,742 | $29,836,024,360 |
| 2023-03-31 | State Street Corporation | 5% | 216,174,104 | $23,713,218,272 |
| 2023-06-30 | FMR, LLC | 4% | 141,037,152 | $15,471,070,345 |
| 2023-06-30 | Geode Capital Management, LLC | 2% | 74,126,090 | $8,131,261,419 |
| 2023-06-30 | JP Morgan Chase & Company | 1% | 55,970,350 | $6,139,667,526 |
| 2023-03-31 | Bank of America Corporation | 1% | 53,875,034 | $5,909,821,838 |
| 2023-03-31 | Morgan Stanley | 1% | 51,138,195 | $5,609,604,284 |
| 2023-03-31 | Price (T.Rowe) Associates Inc | 1% | 47,592,122 | $5,220,617,808 |
| 2023-06-30 | Bank Of New York Mellon Corporation | 1% | 47,531,093 | $5,213,923,232 |
