HB Wealth Management 13F: New $63M Stake in ExxonMobil (XOM)

HB Wealth Management acquired a new stake in ExxonMobil Holdings Corporation XOM, purchasing 384,624 shares worth about $62.6 million. In a Form 13F filing on October 23, 2026, the firm disclosed the addition, entering the oil and gas giant with a sizable holding.

XOM ExxonMobil Holdings Corporation

$183.21 ▲ +52.37% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in HB Wealth Management's ExxonMobil Position

The fund opened a brand-new position in ExxonMobil Holdings Corporation during the period. The purchase of 384,624 shares brought the total reported value of the holding to $62,597,495.

Other Institutional Activity in ExxonMobil

Other institutional investors also shifted their portfolios regarding ExxonMobil Holdings Corporation around the same time. Mondrian Investment Partners reported a holding of 335,547 shares valued at about $54.6 million. NTV Asset Management lifted its holdings by 5,943 shares, or 8.6%, ending with 75,193 shares worth roughly $12.2 million. Simplicity Wealth, LLC opened a new position of 99,930 shares valued at about $16.3 million. Ascent Wealth Partners also initiated a new stake, buying 9,309 shares worth about $1.5 million.

ExxonMobil Holdings Corporation Stock Up 2.9%

ExxonMobil Holdings Corporation recently traded around $183.21 as of October 24, 2026, matching its close of $183.21 on the October 23 filing date. The stock trades above its 50-day moving average of $165.29 and sits well above its 200-day moving average of $152.83. The share price is up about 1.6% since its 52-week high of $180.31 and rests significantly higher than its 52-week low of $112.51.

Recent Earnings

ExxonMobil Holdings Corporation generated $361.1 billion in trailing-twelve-month revenue with earnings of $7.77 per share. The company reported a net profit margin of 9.1% and a return on equity of 12.6%. Its next earnings report is scheduled for October 30, 2026.

Dividend

ExxonMobil Holdings Corporation pays an annual dividend rate of $4.12 per share, yielding 2.31%. The company maintains a dividend payout ratio of 52.5%.

Insider Buying and Selling at ExxonMobil Holdings Corporation

Company insiders executed several share sales earlier in 2026. Officer Darrin L. Talley sold 5,000 shares on February 2, 2026, for a total value of $698,753. He later sold 3,230 shares on February 9, 2026, at an average price of $149.18 for $481,835. Talley also sold 2,150 shares on March 2, 2026, at $157.82 per share totaling $339,313, and 1,080 shares on March 16, 2026, at $155.50 per share for $167,935.

Analysts Set New Price Targets

Wall Street firms updated their outlooks on ExxonMobil Holdings Corporation ahead of the filing. Piper Sandler maintained a Neutral rating with a target of $185.00 on September 3, 2026. TD Cowen maintained a Buy rating and raised its target to $180.00 on September 28, 2026. Wells Fargo downgraded the stock to Equal-Weight with a $182.00 target on October 1, 2026. Morgan Stanley maintained an Overweight rating with a $185.00 target on October 15, 2026, and Barclays maintained an Overweight rating while raising its target to $200.00 on October 19, 2026. Overall, the stock carries a consensus Buy rating from 22 analysts, with a mean price target of $179.41.

About ExxonMobil

ExxonMobil Holdings Corporation explores for and produces crude oil and natural gas across the United States, Canada, and international markets. Operating through upstream, energy products, chemical, and specialty segments, the company supplies essential fuels and related materials worldwide.

Bottom Line

Investors are keeping a close watch on ExxonMobil Holdings Corporation ahead of its upcoming earnings release on October 30, 2026. Institutional filings continue to show varied portfolio adjustments across the energy sector.