ARS Wealth Advisors Group 13F: New $35M Stake in ExxonMobil (XOM)

ARS Wealth Advisors Group has opened a new position in ExxonMobil Holdings Corporation (NYSE: XOM), acquiring 214,857 shares valued at about $34.97 million in a filing on October 16, 2026.

What Changed in ARS Wealth Advisors Group's ExxonMobil Position

ARS Wealth Advisors Group's new buy marks its first stake in ExxonMobil. They have taken 214,857 shares, a new entry into the stock without any prior holdings.

Other Institutional Activity in ExxonMobil

Several other large funds have made moves in ExxonMobil during the same quarter. BlackRock Inc. grew its holdings by 12,005,948 shares, ending with 334,746,496 shares worth about $59.91 billion. Meanwhile, Vanguard Capital Management LLC reduced its stake by 461,028 shares, bringing its total to 270,731,921 shares valued at approximately $48.46 billion. State Street Corporation decreased its position by 7,101,927 shares, totaling 206,811,526 shares worth about $37.02 billion. FMR, LLC also trimmed its holdings by 2,268,080 shares, now holding 137,736,841 shares valued at about $24.65 billion. Conversely, Vanguard Portfolio Management LLC added 1,063,791 shares, for a total of 116,693,258 shares worth around $20.89 billion.

ExxonMobil Holdings Corporation Stock Up 0.8%

As of October 16, 2026, ExxonMobil's stock is recently traded around $178.43, which is above both its 50-day and 200-day moving averages by 9.3% and 17.8%, respectively. The stock is about equal to its 52-week high of $178.69 and significantly above its 52-week low of $111.18.

Recent Earnings

ExxonMobil reported a trailing twelve-month revenue of $361.06 billion with an earnings per share (EPS) of $7.77. The next earnings report is expected on October 30, 2026.

Insider Buying and Selling at ExxonMobil Holdings Corporation

Several insiders have sold shares of ExxonMobil. Officer Darrin L Talley sold 5,000 shares on February 2, 2026, valued at about $698,753. He also sold 3,230 shares on February 9 for $481,835, and 2,150 shares on March 2 for $339,313. His latest sale was 1,080 shares on March 16, worth around $167,935.

Analysts Set New Price Targets

Morgan Stanley maintained an Overweight rating on ExxonMobil with a price target of $185.00 on October 15, 2026. Earlier, on September 28, 2026, TD Cowen also maintained a Buy rating with a target of $180.00. The average analyst target price for ExxonMobil is currently $174.00, with 22 analysts providing opinions, and the consensus rating is a buy.

About ExxonMobil

ExxonMobil Holdings Corporation is involved in the exploration and production of crude oil and natural gas, not just in the U.S. but globally. The company operates across several segments, including upstream, which focuses on oil and gas production, and energy products, which include various fuel types and chemicals. ARS Wealth Advisors Group's new position indicates growing institutional interest in the energy sector.

Bottom Line

ARS Wealth Advisors Group's filing reflects its holdings as of the reporting period and may not represent the current position, as changes can occur frequently. Investors should watch for ExxonMobil's next earnings date on October 30, 2026, for further insights.