B. Riley Wealth Advisors Inc. Sells 5,392 Shares of Exxon Mobil Corporation $XOM

B. Riley Wealth Advisors Inc. cut its holdings in Exxon Mobil Corporation (NYSE:XOM) by 8.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 56,367 shares of the oil and gas company’s stock after selling 5,392 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Exxon Mobil were worth $6,355,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Norges Bank acquired a new stake in shares of Exxon Mobil in the second quarter valued at approximately $6,163,719,000. First Trust Advisors LP increased its stake in Exxon Mobil by 150.2% during the 2nd quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock worth $819,560,000 after acquiring an additional 4,563,707 shares during the period. Cerity Partners LLC raised its holdings in Exxon Mobil by 200.7% in the 2nd quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock valued at $217,162,000 after acquiring an additional 4,015,099 shares in the last quarter. Laurel Wealth Advisors LLC raised its holdings in Exxon Mobil by 10,809.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock valued at $333,652,000 after acquiring an additional 3,066,736 shares in the last quarter. Finally, Mizuho Markets Cayman LP bought a new stake in shares of Exxon Mobil during the 2nd quarter valued at $144,147,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

More Exxon Mobil News

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

• Positive Sentiment: Exxon said it has begun commercial operation of a carbon capture and storage (CCS) project with fertilizer maker CF Industries in Louisiana, a milestone for its low‑carbon growth strategy that supports future emissions‑related revenue and ESG credibility. Exxon begins commercial CCS project with CF industries in Louisiana
• Positive Sentiment: UBS reiterated a Buy rating on XOM, providing analyst support that can prop up investor confidence and demand for the stock. UBS Sticks to Their Buy Rating for Exxon Mobil (XOM)
• Positive Sentiment: Exxon and China’s BYD said they will deepen a hybrid‑technology partnership, extending Exxon’s exposure to vehicle electrification and hybrid systems which could broaden non‑traditional revenue streams. China’s BYD, Exxon Mobil to deepen hybrid technology partnership
• Neutral Sentiment: A retail roundup included Exxon as a suggested dividend name, noting management’s targets for earnings and cash‑flow growth through 2030 to support future dividend increases — positive long‑term but not immediate. 3 Safe Dividend Stocks Yielding At Least 3% to Buy Without Hesitation Right Now
• Negative Sentiment: A Seeking Alpha piece downgraded the rating on Exxon, arguing the near‑term risk/reward is weak heading into Q4 results — a narrative that can pressure sentiment and trading. Exxon Mobil: Strong Business, Weak Risk-Reward Ahead Of Q4 (Rating Downgrade)
• Negative Sentiment: Kazakh authorities urged Exxon to speed repairs on an extended outage at the Tengiz oilfield, highlighting production disruption risk at a major asset that could weigh on near‑term volumes and revenue. Kazakhstan urges ExxonMobil speed up work to fix Tengiz outage

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Piper Sandler decreased their price target on Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating on the stock in a research report on Thursday, January 8th. Jefferies Financial Group increased their price objective on shares of Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Morgan Stanley decreased their target price on shares of Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating on the stock in a report on Friday. Zacks Research downgraded shares of Exxon Mobil from a “hold” rating to a “strong sell” rating in a report on Thursday, January 1st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Exxon Mobil in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $131.84.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 3,000 shares of the company’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total value of $351,570.00. Following the completion of the transaction, the vice president owned 28,584 shares of the company’s stock, valued at $3,349,758.96. This represents a 9.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Trading Down 0.1%

Shares of Exxon Mobil stock opened at $134.78 on Tuesday. The firm’s 50 day moving average is $121.08 and its 200 day moving average is $115.43. The firm has a market capitalization of $568.39 billion, a PE ratio of 19.59, a price-to-earnings-growth ratio of 8.62 and a beta of 0.37. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $136.94. The company has a current ratio of 1.14, a quick ratio of 0.79 and a debt-to-equity ratio of 0.12.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, October 31st. The oil and gas company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.72 by $0.16. The firm had revenue of $83.33 billion for the quarter, compared to analyst estimates of $83.09 billion. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The company’s quarterly revenue was down 5.2% on a year-over-year basis. During the same quarter last year, the business posted $1.92 earnings per share. Equities research analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were given a dividend of $1.03 per share. The ex-dividend date was Friday, November 14th. This represents a $4.12 dividend on an annualized basis and a yield of 3.1%. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s dividend payout ratio is presently 59.88%.

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.