ExxonMobil Corporation $XOM Shares Sold by SBK Financial Inc.

SBK Financial Inc. lessened its stake in ExxonMobil Corporation (NYSE:XOM) by 19.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,149 shares of the oil and gas company’s stock after selling 3,187 shares during the period. ExxonMobil comprises 1.0% of SBK Financial Inc.’s 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 filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. NBT Bank N.A. acquired a new position in ExxonMobil in the 3rd quarter valued at approximately $26,000. Aventus Investment Advisors Inc. bought a new stake in shares of ExxonMobil in the 2nd quarter worth approximately $27,000. Atlantic Private Wealth LLC grew its holdings in shares of ExxonMobil by 776.9% during the 1st quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company’s stock worth $39,000 after purchasing an additional 202 shares in the last quarter. Pioneer Family Office LLC acquired a new stake in shares of ExxonMobil during the 3rd quarter worth approximately $42,000. Finally, Financial Connections Group Inc. acquired a new stake in shares of ExxonMobil during the 1st quarter worth approximately $53,000. 61.80% of the stock is owned by institutional investors and hedge funds.

ExxonMobil News Summary

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

ExxonMobil Stock Down 2.2%

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

ExxonMobil (NYSE:XOM) last released its quarterly earnings data on Friday, October 30th. The oil and gas company reported $4.23 earnings per share for the quarter, beating analysts’ consensus estimates of $4.12 by $0.11. ExxonMobil had a return on equity of 16.63% and a net margin of 10.24%. The company had revenue of $110.50 billion for the quarter, compared to the consensus estimate of $104.89 billion. During the same period in the previous year, the business earned $1.88 earnings per share. Equities analysts predict that ExxonMobil Corporation will post 13.54 EPS for the current fiscal year.

ExxonMobil Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Monday, November 16th will be given a dividend of $1.07 per share. This is a boost from ExxonMobil’s previous quarterly dividend of $1.03. The ex-dividend date is Monday, November 16th. This represents a $4.28 annualized dividend and a dividend yield of 2.6%. ExxonMobil’s dividend payout ratio is 42.34%.

Wall Street Analyst Weigh In

XOM has been the topic of a number of research reports. BMO Capital Markets boosted their price objective on ExxonMobil from $160.00 to $170.00 and gave the company a “market perform” rating in a research report on Wednesday, August 12th. UBS Group raised their target price on ExxonMobil from $199.00 to $213.00 and gave the stock a “buy” rating in a research report on Monday. Wells Fargo & Company lifted their price target on shares of ExxonMobil from $182.00 to $189.00 and gave the stock an “equal weight” rating in a research note on Monday. Royal Bank Of Canada reiterated a “sector perform” rating and set a $180.00 price target (up from $160.00) on shares of ExxonMobil in a research note on Monday, September 21st. Finally, Mizuho lowered their price target on shares of ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average 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.