BancFirst Trust & Investment Management Sells 253,756 Shares of ExxonMobil Corporation $XOM

BancFirst Trust & Investment Management lowered its holdings in ExxonMobil Corporation (NYSE:XOM - Free Report) by 77.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 75,832 shares of the oil and gas company's stock after selling 253,756 shares during the quarter. ExxonMobil accounts for about 6.4% of BancFirst Trust & Investment Management's investment portfolio, making the stock its 3rd biggest position. BancFirst Trust & Investment Management's holdings in ExxonMobil were worth $12,236,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in XOM. Dimensional Fund Advisors LP raised its stake in shares of ExxonMobil by 5.7% in the first quarter. Dimensional Fund Advisors LP now owns 28,364,314 shares of the oil and gas company's stock valued at $4,812,790,000 after acquiring an additional 1,540,902 shares during the last quarter. Amundi increased its position in shares of ExxonMobil by 5.1% in the 1st quarter. Amundi now owns 24,511,156 shares of the oil and gas company's stock valued at $4,158,563,000 after buying an additional 1,192,386 shares in the last quarter. GQG Partners LLC boosted its holdings in shares of ExxonMobil by 153.3% in the second quarter. GQG Partners LLC now owns 16,877,523 shares of the oil and gas company's stock valued at $2,307,497,000 after buying an additional 10,214,420 shares during the period. Swiss National Bank boosted its position in shares of ExxonMobil by 5.9% during the first quarter. Swiss National Bank now owns 12,376,418 shares of the oil and gas company's stock worth $2,099,783,000 after buying an additional 693,800 shares during the period. Finally, National Pension Service grew its holdings in shares of ExxonMobil by 1.8% in the 2nd quarter. National Pension Service now owns 9,664,021 shares of the oil and gas company's stock valued at $1,321,265,000 after acquiring an additional 166,268 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

XOM has been the topic of a number of recent analyst reports. Citigroup reissued a "neutral" rating and set a $175.00 target price (up from $150.00) on shares of ExxonMobil in a report on Wednesday, July 8th. Freedom Capital raised shares of ExxonMobil from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 4th. Royal Bank Of Canada restated 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. UBS Group lifted their target price on shares of ExxonMobil from $199.00 to $213.00 and gave the stock a "buy" rating in a research report on Monday. Finally, DZ Bank cut ExxonMobil from a "buy" rating to a "hold" rating and set a $156.00 price objective on the stock. in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fourteen have given a Hold rating to the company's stock. According to data from MarketBeat, ExxonMobil has a consensus rating of "Moderate Buy" and an average target price of $168.70.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Exxon beat third-quarter earnings expectations, with adjusted EPS of $4.23. Refining strength, improved margins and record downstream utilization helped offset weaker upstream earnings. How Investors Are Reacting To ExxonMobil Stock Earnings
• Positive Sentiment: Investors are also receiving substantial cash returns: Exxon raised its quarterly dividend to $1.07 per share and increased its share-repurchase authorization to $110 billion. UBS raised its price target to $213 and kept a Buy rating after the results. UBS raises ExxonMobil price target
• Positive Sentiment: XOM’s move above its 200-day moving average is a technical signal some investors view as supportive of a longer-term uptrend. The company also took a 50% stake in Mozambique LNG, adding to its long-term growth opportunities. ExxonMobil crosses its 200-day moving average
• Neutral Sentiment: Oil traders are weighing conflicting signals about U.S.-Iran tensions and the possibility of a deal. Any change in perceived supply risk could move crude prices—and Exxon’s upstream outlook—in either direction. Report on U.S.-Iran tensions and oil markets
• Negative Sentiment: After a strong run, XOM’s valuation is considered elevated, leaving less room for disappointment. Upstream earnings declined sequentially, and lower crude prices could add pressure; the retreat from recent highs suggests investors are taking profits and reassessing how much good news is already priced in. ExxonMobil stock valuation and outlook

ExxonMobil Trading Down 1.2%

NYSE:XOM opened at $177.50 on Wednesday. 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 52 week low of $112.51 and a 52 week high of $188.50. The stock has a market cap of $735.72 billion, a price-to-earnings ratio of 18.24, a PEG ratio of 0.90 and a beta of 0.16. The company's 50 day moving average price is $168.33 and its 200-day moving average price is $154.86.

ExxonMobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, October 30th. The oil and gas company reported $4.23 EPS for the quarter, beating analysts' consensus estimates of $4.12 by $0.11. The company had revenue of $110.50 billion during the quarter, compared to analysts' expectations of $104.89 billion. ExxonMobil had a return on equity of 16.63% and a net margin of 10.24%. During the same quarter in the prior year, the business earned $1.88 earnings per share. On average, equities research analysts forecast that ExxonMobil Corporation will post 13.61 earnings per share for the current fiscal year.

ExxonMobil Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders 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 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Monday, November 16th. ExxonMobil's dividend payout ratio is presently 42.34%.

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.

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