Exxon Mobil stock is trading -23.28% below its average target price of $127.77 after dropping -1.6% during today's evening session. Analysts are giving the large-cap Oil & Gas Integrated company an average rating of buy and target prices ranging from $110.0 to $150.0 per share.
The stock has a very low short interest at 1.7%, and a short ratio of 3.21. 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 61.0% of Exxon Mobil's shares being owned by this investor type.
Institutions Invested in Exxon Mobil
Date Reported | Holder | Percentage | Shares | Value |
---|---|---|---|---|
2023-09-30 | Vanguard Group Inc | 10% | 387,273,901 | $37,964,460,042 |
2023-09-30 | Blackrock Inc. | 7% | 267,498,723 | $26,222,899,489 |
2023-09-30 | State Street Corporation | 5% | 208,405,966 | $20,430,036,592 |
2023-09-30 | FMR, LLC | 4% | 145,199,301 | $14,233,887,299 |
2023-09-30 | Geode Capital Management, LLC | 2% | 74,794,361 | $7,332,091,117 |
2023-09-30 | Bank of America Corporation | 2% | 59,843,933 | $5,866,500,678 |
2023-09-30 | Morgan Stanley | 1% | 53,828,024 | $5,276,761,127 |
2023-09-30 | JP Morgan Chase & Company | 1% | 52,213,799 | $5,118,518,652 |
2022-12-31 | Norges Bank Investment Management | 1% | 47,383,406 | $4,644,995,232 |
2023-09-30 | Northern Trust Corporation | 1% | 43,696,758 | $4,283,593,133 |
Besides an analyst consensus of strong upside potential, other market factors point to there being mixed market sentiment on Exxon Mobil.