Vaughan Nelson Investment Management, L.P. 13F: Adds $59M to XOM Stake

Vaughan Nelson Investment Management, L.P. significantly increased its holdings in Exxon Mobil Corporation (NYSE: XOM) according to its latest 13F filing with the SEC. The fund added 432,582 shares, boosting its stake by approximately 68% to a total of 1,068,757 shares. These shares were valued at $159.1 million as of the reporting period.

What Changed in Vaughan Nelson's Exxon Mobil Position

Vaughan Nelson Investment Management previously held 636,175 shares of Exxon Mobil. With the addition of 432,582 shares, the fund's position grew to 1,068,757 shares. This represents a 68% increase in its stake, reflecting a significant investment valued at approximately $159.1 million.

Other Institutional Activity in Exxon Mobil

In the latest period, BlackRock, Inc. added 11,518,718 shares of Exxon Mobil, bringing its total to 322,741,137 shares worth about $54.76 billion. Vanguard Capital Management LLC established a new position with 271,198,613 shares valued at $46.01 billion. State Street Corp increased its holdings by 8,790,138 shares, ending with 213,904,380 shares valued at $36.29 billion. FMR LLC also increased its stake by 8,288,753 shares, totaling 140,010,460 shares valued at $23.75 billion. Meanwhile, Geode Capital Management, LLC reduced its holdings by 444,605 shares, leaving it with 95,478,649 shares valued at $16.13 billion.

Exxon Mobil Corporation Stock Down 22.8%

Shares of Exxon Mobil (NYSE: XOM) are trading around $148.88. The company has a market cap of approximately $609.35 billion, with a P/E ratio of 24.75 and a forward P/E of 13.82. Its beta is 0.149, indicating lower volatility compared to the market. The stock's 52-week range is between $105.53 and $176.41, with a 50-day moving average of $151.91 and a 200-day moving average of $133.98.

Recent Earnings

Exxon Mobil reported revenue of $326 billion with a revenue growth of 2.6%. The company posted an EPS of $5.94, with a net margin of 7.76% and a return on equity of 9.87%. The next earnings report is expected on May 1, 2026.

Dividend

Exxon Mobil offers an annual dividend rate of $4.12, yielding 2.8% with a payout ratio of 68.01%. This provides a steady income stream for investors.

Insider Buying and Selling at Exxon Mobil Corporation

Darrin Talley, Vice President of Corporate Strategic Planning, sold shares on several occasions. On March 16, 2026, Talley sold 1,080 shares at an average price of $155.50. Earlier, on March 2, 2026, he sold 2,150 shares at $157.82. In February, Talley sold 3,230 shares twice at $149.18 and 5,000 shares twice at $139.75.

Analysts Set New Price Targets

On May 27, 2026, Mizuho maintained a 'hold' rating with a $175 price target. Barclays maintained a 'buy' rating with a $182 target on May 26, 2026. BNP Paribas upgraded the stock to 'hold' with a $165 target on April 17, 2026. The consensus recommendation is a 'buy' with an average price target of $169.91 based on 22 analyst opinions.

About Exxon Mobil

Exxon Mobil Corporation is a major player in the energy sector, particularly in oil and gas exploration and production. Headquartered in Spring, Texas, and led by CEO Darren W. Woods, the company operates across several segments including Upstream, Energy Products, Chemical Products, and Specialty Products. With a workforce of approximately 57,900, Exxon Mobil is involved in the manufacture, trade, and sale of crude oil, natural gas, and petrochemicals globally.

Bottom Line

Vaughan Nelson's increased stake in Exxon Mobil suggests confidence in the company's prospects. Investors often track such filings to gauge institutional sentiment. Keep in mind, these 13F filings are backward-looking and may not reflect current positions.