Richard Bernstein Advisors LLC Reduces Position in Exxon Mobil Corporation $XOM

Key Points

• Richard Bernstein Advisors LLC reduced its stake by 27.5% in Exxon Mobil during Q3, selling 9,011 shares and ending the period with 23,807 shares valued at about $2.68 million.
• Exxon's board backs redomiciling the company to Texas, and the firm is rerouting supply (e.g., shipping U.S. Gulf gasoline to Australia) and weighing a return to Venezuela, while higher crude prices are improving near‑term revenue and cash flow.
• Analysts' consensus rating on XOM is "Hold" with an average price target of $143.41; the company also pays a quarterly dividend of $1.03 (annualized $4.12) for a yield of about 2.7%.

Richard Bernstein Advisors LLC decreased its stake in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 27.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,807 shares of the oil and gas company's stock after selling 9,011 shares during the quarter. Richard Bernstein Advisors LLC's holdings in Exxon Mobil were worth $2,684,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Ipsen Advisor Group LLC grew its position in shares of Exxon Mobil by 1.6% in the 3rd quarter. Ipsen Advisor Group LLC now owns 5,647 shares of the oil and gas company's stock worth $637,000 after acquiring an additional 88 shares in the last quarter. Nexus Investment Management ULC boosted its holdings in shares of Exxon Mobil by 1.6% in the 3rd quarter. Nexus Investment Management ULC now owns 5,794 shares of the oil and gas company's stock valued at $653,000 after buying an additional 89 shares during the period. Sagace Wealth Management LLC raised its stake in Exxon Mobil by 2.7% during the third quarter. Sagace Wealth Management LLC now owns 3,445 shares of the oil and gas company's stock worth $388,000 after acquiring an additional 90 shares during the period. Creative Capital Management Investments LLC boosted its stake in Exxon Mobil by 2.5% in the third quarter. Creative Capital Management Investments LLC now owns 3,701 shares of the oil and gas company's stock valued at $417,000 after acquiring an additional 91 shares during the period. Finally, Capstone Wealth Management LLC raised its position in shares of Exxon Mobil by 3.8% during the 3rd quarter. Capstone Wealth Management LLC now owns 2,527 shares of the oil and gas company's stock worth $285,000 after purchasing an additional 92 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on XOM shares. Zacks Research upgraded Exxon Mobil from a "strong sell" rating to a "hold" rating in a research note on Friday, January 30th. Jefferies Financial Group increased their price objective on Exxon Mobil from $146.00 to $148.00 and gave the stock a "buy" rating in a report on Wednesday, December 10th. UBS Group reissued a "buy" rating and issued a $171.00 price target on shares of Exxon Mobil in a research note on Monday, February 2nd. Piper Sandler decreased their target price on shares of Exxon Mobil from $144.00 to $142.00 and set an "overweight" rating for the company in a research report on Thursday, January 8th. Finally, Morgan Stanley reduced their price target on shares of Exxon Mobil from $137.00 to $134.00 and set an "overweight" rating for the company in a research note on Friday, January 23rd. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $143.41.

Exxon Mobil News Summary

Here are the key news stories impacting Exxon Mobil this week:

• Positive Sentiment: Board backs redomicile to Texas to align legal domicile with HQ, citing shareholder benefits and a more business-friendly legal environment — move could lower litigation and regulatory friction and strengthen management’s operating flexibility. ExxonMobil Board Unanimously Recommends Redomiciling the Company from New Jersey to Texas
• Positive Sentiment: Exxon is re-routing supply (shipping U.S. Gulf gasoline to Australia) and weighing a return to Venezuela — signals of operational agility that can capture higher margins from tight global product markets. Exxon Mobil Shifts Supply Routes As Investors Weigh Valuation And Growth
• Positive Sentiment: Geopolitical supply shocks have driven crude sharply higher (Brent/WTI > $100+), improving near-term revenue and cash-flow prospects for integrated majors like Exxon. Higher oil supports upstream cash generation and chemical/refining margins. Oil Prices Jump on Geopolitical Tensions: 3 Energy Stocks to Watch
• Neutral Sentiment: Bank of America raised its price target to $151 while keeping a Neutral rating — a modest signal that valuation is being adjusted upward but not yet a strong buy endorsement. Exxon Mobil Corporation (XOM) Price Target Raised to $151
• Neutral Sentiment: UBS reiterated a Buy and $171 target, highlighting chemicals recovery and margin upside through 2030 — helpful for longer-term thesis but not necessarily a catalyst for immediate re-rating. Exxon Mobil: Buy Rating on Undervalued Recovery in Chemicals, Earnings and Margin Upside Through 2030
• Negative Sentiment: Despite much higher oil, major oil stocks have shown muted moves — suggesting the market may be pricing in risks (duration of disruptions, refining constraints, or policy/ESG pressures) that could limit near-term upside. Big Oil Stocks Have Barely Budged Since the War Began. What Gives?

Exxon Mobil Price Performance

Shares of NYSE:XOM opened at $150.43 on Tuesday. The stock has a fifty day moving average of $139.49 and a 200-day moving average of $123.62. The company has a market capitalization of $626.80 billion, a PE ratio of 22.49, a price-to-earnings-growth ratio of 1.24 and a beta of 0.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $159.60.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping analysts' consensus estimates of $1.63 by $0.08. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The firm had revenue of $80.04 billion for the quarter, compared to analysts' expectations of $77.98 billion. During the same quarter last year, the business posted $1.67 EPS. Exxon Mobil's revenue was down 1.3% on a year-over-year basis. As a group, equities analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Thursday, February 12th will be paid a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, February 12th. Exxon Mobil's dividend payout ratio is currently 61.58%.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 5,000 shares of the firm's stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the sale, the vice president directly owned 23,584 shares in the company, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last 90 days, insiders sold 16,380 shares of company stock valued at $2,227,734. 0.03% of the stock is owned by corporate insiders.

About Exxon Mobil

Exxon Mobil Corporation NYSE: XOM is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

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