Ridgecrest Wealth Partners LLC Sells 7,343 Shares of Exxon Mobil Corporation $XOM

Key Points

• Ridgecrest Wealth Partners cut its Exxon Mobil stake by 42.6% in Q4, selling 7,343 shares and finishing the period with 9,898 shares valued at about $1.191 million.
• Analyst sentiment remains broadly positive with a MarketBeat consensus of "Moderate Buy" and an average price target of $159.20, while several firms (Jefferies, RBC, Wells Fargo, JPMorgan) recently raised targets or ratings signaling upside.
• Insiders have been net sellers—VP Darrin Talley sold 1,080 shares and insiders offloaded 11,460 shares (~$1.69M) in the last 90 days (insiders own 0.03%)—and Exxon pays a quarterly dividend of $1.03 (annualized yield ~2.7%, payout ratio ~61.6%).

Ridgecrest Wealth Partners LLC lessened its holdings in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 42.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,898 shares of the oil and gas company's stock after selling 7,343 shares during the period. Ridgecrest Wealth Partners LLC's holdings in Exxon Mobil were worth $1,191,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of XOM. Franklin Resources Inc. boosted its stake in Exxon Mobil by 7.4% during the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company's stock worth $4,366,655,000 after buying an additional 2,660,910 shares during the period. Mercer Global Advisors Inc. ADV boosted its stake in Exxon Mobil by 218.4% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,380,899 shares of the oil and gas company's stock worth $155,696,000 after buying an additional 2,546,791 shares during the period. AQR Capital Management LLC boosted its stake in Exxon Mobil by 105.4% during the third quarter. AQR Capital Management LLC now owns 2,925,026 shares of the oil and gas company's stock worth $329,797,000 after buying an additional 1,501,235 shares during the period. Bessemer Group Inc. boosted its stake in Exxon Mobil by 119.4% during the third quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company's stock worth $301,310,000 after buying an additional 1,454,308 shares during the period. Finally, National Bank of Canada FI boosted its stake in Exxon Mobil by 62.7% during the second quarter. National Bank of Canada FI now owns 3,103,819 shares of the oil and gas company's stock worth $334,593,000 after buying an additional 1,196,167 shares during the period. Institutional investors own 61.80% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on XOM shares. Sanford C. Bernstein dropped their price objective on shares of Exxon Mobil from $142.00 to $137.00 and set an "outperform" rating for the company in a research note on Monday, January 5th. UBS Group reaffirmed a "buy" rating and set a $171.00 price objective on shares of Exxon Mobil in a research note on Monday, February 2nd. Barclays lifted their price objective on shares of Exxon Mobil from $145.00 to $163.00 and gave the stock an "overweight" rating in a research note on Monday, March 16th. Mizuho lifted their price objective on shares of Exxon Mobil from $140.00 to $162.00 and gave the stock a "neutral" rating in a research note on Tuesday, March 17th. Finally, Loop Capital set a $123.00 price objective on shares of Exxon Mobil in a research note on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Exxon Mobil has an average rating of "Moderate Buy" and a consensus price target of $159.20.

Insider Activity

In other news, VP Darrin L. Talley sold 1,080 shares of the business's stock in a transaction on Monday, March 16th. The shares were sold at an average price of $155.50, for a total transaction of $167,940.00. Following the completion of the sale, the vice president directly owned 17,124 shares of the company's stock, valued at approximately $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 11,460 shares of company stock worth $1,687,854 over the last ninety days. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Stock Down 0.1%

Shares of XOM opened at $152.43 on Monday. The firm has a market capitalization of $633.58 billion, a P/E ratio of 22.78, a P/E/G ratio of 0.96 and a beta of 0.29. Exxon Mobil Corporation has a 12-month low of $98.79 and a 12-month high of $176.41. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The firm has a fifty day moving average price of $154.51 and a 200-day moving average price of $131.62.

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

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil's payout ratio is currently 61.58%.

Key Exxon Mobil News

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

• Positive Sentiment: Several sell‑side firms raised targets/ratings this week (Jefferies to $184, RBC to $180, Wells Fargo to $185, JPMorgan raised to $170) — these upgrades signal continued analyst conviction in XOM’s upside and longer‑term cash generation potential. Jefferies target raise
• Positive Sentiment: JPMorgan issued a positive forecast and Erste Group lifted earnings estimates, supporting near‑to‑medium term earnings outlook. JPMorgan forecast
• Positive Sentiment: Macro demand tailwind: articles highlight rising LNG demand and geopolitically driven export opportunities that could boost Exxon’s upstream and LNG-related cash flows. This is a structural positive if exports and pricing remain strong. LNG demand surge
• Neutral Sentiment: Earnings preview: XOM is set to report Q1 results soon with Wall Street expecting single‑digit EPS growth — a modest beat could calm sellers, but expectations aren’t lofty enough to drive a large rally on their own. Earnings preview
• Neutral Sentiment: Analysts note attractive long‑term free cash flow despite near‑term earnings headwinds (TD Cowen maintaining a Buy). That supports dividend stability and buyback optionality, making XOM a defensive energy pick for income investors. TD Cowen note
• Neutral Sentiment: Options and volatility stories: elevated option activity and unusual vol indicate traders are positioning for big moves around catalysts (earnings, oil swings). This raises short‑term risk/reward for active traders. Options volatility
• Negative Sentiment: Wolfe Research cut its price target to $153 and an analyst downgrade triggered intraday selling; this contributed to downward pressure on the stock. Wolfe Research cut
• Negative Sentiment: Oil prices plunged (~16%) after reports of an Iran ceasefire / suspension of hostilities, which materially reduced the geopolitical risk premium — that sharp crude decline is the primary near‑term reason energy names, including XOM, fell. Oil price crash
• Negative Sentiment: Sector rotation and calmer geopolitics led intraday reversals — rallies tied to a high‑risk energy shock retraced as markets priced in lower risk, pressuring XOM despite favorable fundamentals. Intraday reversal

Exxon Mobil Company Profile

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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