ExxonMobil Corporation $XOM Shares Sold by SBK Financial Inc.

SBK Financial Inc. lowered its position in shares of ExxonMobil Corporation (NYSE:XOM) by 19.5% in the third quarter, HoldingsChannel reports. The firm owned 13,149 shares of the oil and gas company’s stock after selling 3,187 shares during the period. ExxonMobil makes up approximately 1.0% of SBK Financial Inc.’s investment portfolio, making the stock its 13th biggest holding. SBK Financial Inc.’s holdings in ExxonMobil were worth $2,140,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in XOM. CPA Asset Management Group LLC increased its holdings in shares of ExxonMobil by 1.8% during the third quarter. CPA Asset Management Group LLC now owns 3,450 shares of the oil and gas company’s stock worth $561,000 after buying an additional 60 shares in the last quarter. DecisionMap Wealth Management LLC raised its stake in shares of ExxonMobil by 2.2% in the third quarter. DecisionMap Wealth Management LLC now owns 2,915 shares of the oil and gas company’s stock valued at $474,000 after acquiring an additional 62 shares during the last quarter. WP Advisors LLC raised its stake in shares of ExxonMobil by 3.0% in the third quarter. WP Advisors LLC now owns 2,167 shares of the oil and gas company’s stock valued at $353,000 after acquiring an additional 63 shares during the last quarter. Avant Capital LLC raised its stake in shares of ExxonMobil by 0.6% in the second quarter. Avant Capital LLC now owns 11,182 shares of the oil and gas company’s stock valued at $1,529,000 after acquiring an additional 65 shares during the last quarter. Finally, Core Wealth Advisors Inc. boosted its holdings in shares of ExxonMobil by 1.0% in the 1st quarter. Core Wealth Advisors Inc. now owns 6,805 shares of the oil and gas company’s stock worth $1,155,000 after acquiring an additional 68 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

ExxonMobil Stock Down 2.2%

Shares of NYSE:XOM opened at $165.49 on Friday. The company has a quick ratio of 0.92, a current ratio of 1.19 and a debt-to-equity ratio of 0.11. The firm has a market cap of $675.06 billion, a P/E ratio of 17.01, a P/E/G ratio of 0.83 and a beta of 0.16. ExxonMobil Corporation has a 12 month low of $113.64 and a 12 month high of $188.50. The company’s 50-day moving average price is $168.65 and its two-hundred day moving average price is $155.24.

ExxonMobil (NYSE:XOM) last announced its earnings results on Friday, October 30th. The oil and gas company reported $4.23 earnings per share for the quarter, topping analysts’ consensus estimates of $4.12 by $0.11. ExxonMobil had a net margin of 10.24% and a return on equity of 16.63%. The company had revenue of $110.50 billion during the quarter, compared to the consensus estimate of $104.89 billion. During the same period in the previous year, the firm posted $1.88 earnings per share. As a group, research analysts forecast that ExxonMobil Corporation will post 13.54 EPS for the current fiscal year.

ExxonMobil Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Monday, November 16th will be issued a $1.07 dividend. This is an increase from ExxonMobil’s previous quarterly dividend of $1.03. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, November 16th. ExxonMobil’s dividend payout ratio (DPR) is 42.34%.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil and Chevron reported strong third-quarter results, helped by refining performance and cost discipline. Exxon also raised its dividend for the 44th consecutive year, while debt reduction and buybacks support shareholder returns. Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
• Positive Sentiment: A proposed sale of Infineum, ExxonMobil’s joint venture with Shell, could bring in a multibillion-dollar sum and streamline the portfolio, though no transaction has been announced. Is ExxonMobil Holdings Rethinking Its Portfolio With an Infineum Exit?
• Positive Sentiment: The company plans to invest $10 billion in refining through 2030, including an expansion targeting 100,000 barrels per day of additional diesel output. The investment may improve efficiency and cash flow, although returns depend on market conditions. Will ExxonMobil’s Diesel Expansion Boost Refining Profit?
• Neutral Sentiment: Analyst opinion is divided after results: TD Cowen raised its target and kept a Buy rating, while Citi raised its target but maintained Neutral. ExxonMobil’s stock is up more than 43% in 2026, which may also temper expectations. Wall Street Is Split on ExxonMobil Following Q3 Results
• Negative Sentiment: Some commentary points to easing physical oil demand and argues oil may not return to $100, a potential headwind for earnings given ExxonMobil’s commodity-price sensitivity. DZ Bank also downgraded the shares to Sell. What Lower Inflation and Oil Prices Could Mean for Energy Stocks

Wall Street Analyst Weigh In

XOM has been the topic of a number of research analyst reports. DZ Bank lowered ExxonMobil from a “hold” rating to a “sell” rating and set a $170.00 price target on the stock. in a research report on Wednesday. Argus raised their price target on ExxonMobil from $169.00 to $175.00 and gave the company a “buy” rating in a report on Tuesday, August 11th. Wall Street Zen upgraded ExxonMobil from a “hold” rating to a “buy” rating in a research report on Saturday, October 24th. Mizuho reduced their price objective on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a research note on Thursday, July 9th. Finally, BNP Paribas Exane reduced their price objective on ExxonMobil from $165.00 to $155.00 and set a “neutral” rating on the stock in a research note on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $170.74.

ExxonMobil Profile

Exxon Mobil Corporation, doing business as ExxonMobil (NYSE:XOM), is an integrated energy company engaged in the exploration, development, production, and sale of crude oil and natural gas. Its operations span the energy value chain, from resource development and refining to the marketing and distribution of fuels and other energy products.

Through its Energy Products segment, ExxonMobil manufactures and markets transportation fuels, lubricants, and other petroleum-based products. Its Chemical Products business produces petrochemicals, including commodity and performance products used in packaging, automotive components, construction materials, and consumer goods.