Robertson Stephens Wealth Management 13F: New $6.7M Stake in XOM

In a filing on October 16, 2026, Robertson Stephens Wealth Management reported acquiring 41,156 shares of ExxonMobil Holdings Corporation (NYSE: XOM), valued at about $6.7 million. This marks a new position for the firm in the energy sector, which has seen increased interest from other investors this quarter.

What Changed in Robertson Stephens Wealth Management's ExxonMobil Position

Robertson Stephens opened a new position in ExxonMobil, acquiring 41,156 shares. As this is a brand-new stake, there is no percent change to report.

Other Institutional Activity in ExxonMobil

Several other firms have also taken new positions in ExxonMobil recently. Annex Advisory Services opened a new stake by acquiring 52,271 shares valued at around $8.5 million. Trust Co of Toledo Na also took a new position, buying 77,815 shares worth about $12.6 million. Additionally, TCV Trust & Wealth Management also expressed interest by taking a new stake in the company.

ExxonMobil Holdings Corporation Stock Up 1.1%

ExxonMobil shares recently traded around $178.43, which is above its 50-day moving average by 9.3% and its 200-day moving average by 17.8%. This pricing is close to its 52-week high of $178.69, indicating strong performance in recent months.

Recent Earnings

ExxonMobil reported trailing twelve-month revenue of $361.1 billion and earnings per share (EPS) of $7.77. The company has shown a revenue growth of 44.1% year-over-year, with a net margin of 9.1%. Its next earnings report is scheduled for October 30, 2026.

Insider Buying and Selling at ExxonMobil Holdings Corporation

There have been several insider transactions at ExxonMobil recently. Officer Darrin L. Talley sold 5,000 shares on February 2, 2026, valued at $698,753. He also sold shares on February 9, March 2, and March 16, totaling 3,230 shares at $481,835, 2,150 shares at $339,313, and 1,080 shares at $167,935, respectively. All these sales were made before the recent filing.

Analysts Set New Price Targets

On October 15, 2026, Morgan Stanley maintained an Overweight rating on ExxonMobil, raising its price target to $185. This follows several other analysts retaining their ratings during September, with targets ranging from $177 to $185. Currently, the consensus recommendation for ExxonMobil is a "buy", with a mean price target of $174 based on 22 opinions.

About ExxonMobil

ExxonMobil Holdings Corporation is engaged in the exploration and production of crude oil and natural gas both in the U.S. and internationally. The company is structured into different segments, including Upstream, Energy Products, Chemical Products, and Specialty Products.

Bottom Line

The recent 13F filing shows Robertson Stephens Wealth Management taking a fresh position in ExxonMobil, a move reflected by several other institutional investors on the same day. The filing provides a snapshot of holdings as of the reporting period, which may not represent the current position. The next earnings report is coming up on October 30, 2026.