Ritholtz Wealth Management Raises Holdings in Exxon Mobil Corporation $XOM

Key Points

• Ritholtz Wealth Management raised its Exxon position by 10.7% in Q4 to 96,269 shares, valued at about $11.585 million.
• Geopolitical tensions (failed U.S.–Iran talks and a Strait of Hormuz blockade) and analyst target revisions have driven a sharp oil-led rally and volatility—several banks lifted targets to $180–$184 while some cuts and April weakness keep the consensus at a "Moderate Buy" with an average target of $159.20.
• Insiders have been net sellers (VP Darrin L. Talley sold 1,080 shares; 11,460 shares sold in the last quarter), with insiders owning just 0.03% of XOM while institutional investors hold 61.8%.

Ritholtz Wealth Management increased its position in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 10.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 96,269 shares of the oil and gas company's stock after buying an additional 9,275 shares during the quarter. Ritholtz Wealth Management's holdings in Exxon Mobil were worth $11,585,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in XOM. Westfuller Advisors LLC acquired a new position in shares of Exxon Mobil in the 3rd quarter valued at about $30,000. Clayton Financial Group LLC acquired a new position in shares of Exxon Mobil in the 3rd quarter valued at about $40,000. TruNorth Capital Management LLC lifted its stake in shares of Exxon Mobil by 1,595.2% in the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company's stock valued at $40,000 after purchasing an additional 335 shares in the last quarter. Halbert Hargrove Global Advisors LLC lifted its stake in shares of Exxon Mobil by 95.8% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company's stock valued at $42,000 after purchasing an additional 181 shares in the last quarter. Finally, Marquette Asset Management LLC lifted its stake in shares of Exxon Mobil by 307.0% in the 3rd quarter. Marquette Asset Management LLC now owns 407 shares of the oil and gas company's stock valued at $46,000 after purchasing an additional 307 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 1,080 shares of the firm's stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $155.50, for a total transaction of $167,940.00. Following the sale, the vice president directly owned 17,124 shares in the company, valued at approximately $2,662,782. This trade represents a 5.93% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In the last quarter, insiders sold 11,460 shares of company stock worth $1,687,854. Company insiders own 0.03% of the company's stock.

Key Headlines Impacting Exxon Mobil

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

• Positive Sentiment: Geopolitical risk (failed U.S.–Iran nuclear talks) is cited as a driver for higher oil and pushed XOM shares up on Monday as traders priced in tighter supply. Why Exxon Mobil Shares Are Trading Higher On Monday?
• Positive Sentiment: News of an imposed blockade of the Strait of Hormuz has driven a sharp oil rally, a direct tailwind for oil majors’ upstream earnings and near-term cash flow. Oil Surges 7% on Hormuz Blockade, U.S. Gulf Tanker Rush — 3 Stocks to Buy Now
• Positive Sentiment: Several analysts raised price targets this weekend (including banks boosting targets to $180 and $184), signaling continued bullish long-term analyst conviction despite short-term volatility. Exxon Mobil NYSE: XOM Price Target Raised to $180.00
• Positive Sentiment: Another analyst note raising a higher price target reinforces the view that some sell-side firms see more upside from current levels. Exxon Mobil NYSE: XOM Price Target Raised to $184.00
• Neutral Sentiment: Zacks highlights Exxon as a long-term value pick using style scores — supportive for buy-and-hold investors but not an immediate catalyst. Why Exxon Mobil (XOM) is a Top Value Stock for the Long-Term
• Neutral Sentiment: Zacks also notes strong Q1 upstream results helped by higher oil prices but flags that shares trade at a premium, creating a buy-now vs. wait valuation question for investors. Strong Oil Prices May Have Aided XOM's Q1: Buy the Stock Now or Wait?
• Neutral Sentiment: Exxon’s aggressive expansion in Guyana keeps growth prospects front-and-center but raises governance, environmental and geopolitical risk questions that investors should monitor. Exxon Guyana Expansion Puts Stabroek Growth And Risks In Focus
• Negative Sentiment: TD Cowen cut its price target to $172, introducing short-term headwinds and signaling some analyst caution on upside at current valuations. TD Cowen Cuts Exxon Mobil NYSE: XOM Price Target to $172.00
• Negative Sentiment: Coverage notes XOM stock has slid ~10% in April amid volatility—this recent weakness can pressure sentiment even as some analysts remain bullish on longer-term targets. Exxon Mobil (XOM) Stock Slides 10% in April — Analysts Still Bullish with $185 Price Targets
• Negative Sentiment: A recent analyst downgrade drove an intraday decline (~1.7%), underscoring how differing analyst views are contributing to intra-day volatility. Exxon Mobil NYSE: XOM Stock Price Down 1.7% After Analyst Downgrade

Exxon Mobil Stock Performance

Shares of NYSE:XOM opened at $152.48 on Tuesday. The company has a market cap of $633.79 billion, a P/E ratio of 22.79, a PEG ratio of 0.96 and a beta of 0.29. 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 $101.18 and a one year high of $176.41. The business's 50-day simple moving average is $154.79 and its 200 day simple moving average is $131.88.

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

Exxon Mobil Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on XOM. Zacks Research raised Exxon Mobil from a "strong sell" rating to a "hold" rating in a research note on Friday, January 30th. Scotiabank raised Exxon Mobil to a "strong-buy" rating in a research note on Friday, March 27th. Royal Bank Of Canada lifted their price objective on Exxon Mobil from $160.00 to $180.00 and gave the company a "sector perform" rating in a research note on Thursday, April 9th. BNP Paribas Exane lowered Exxon Mobil from a "neutral" rating to an "underperform" rating and set a $125.00 price objective on the stock. in a research note on Tuesday, February 3rd. Finally, Loop Capital set a $123.00 price objective on 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 assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $159.20.

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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