Godsey & Gibb 13F: New $9.7M Stake in ExxonMobil (XOM)

Godsey & Gibb opened a new position in ExxonMobil Holdings Corporation (NYSE: XOM), purchasing 59,761 shares valued at approximately $9.7 million. The investment was revealed in a Form 13F filing submitted to the Securities and Exchange Commission on October 14, 2026. Because 13F filings are backward-looking documents, they reflect the fund's holdings as of the close of the reported quarter and may not represent its current portfolio today.

What Changed in Godsey & Gibb's ExxonMobil Position

The firm established a brand-new stake in the energy giant during the period, picking up 59,761 shares. The reported value of this new holding stood at $9,726,036. This addition brought ExxonMobil directly into the firm's equity portfolio as a fresh holding.

Other Institutional Activity in ExxonMobil

Other major institutional managers also adjusted their stakes in ExxonMobil during the reporting cycle. Blackrock Inc. grew its holdings by 12,005,948 shares, ending with 334,746,496 shares worth about $59,912,926,423. Vanguard Capital Management LLC trimmed its position by 461,028 shares, closing the period with 270,731,921 shares valued at roughly $48,455,598,063. State Street Corporation lowered its stake by 7,101,927 shares to finish with 206,811,526 shares worth about $37,015,126,039. FMR, LLC reduced its holdings by 2,268,080 shares, leaving it with 137,736,841 shares valued at approximately $24,652,139,213. Finally, Vanguard Portfolio Management LLC added 1,063,791 shares to grow its stake to 116,693,258 shares worth about $20,885,758,818.

ExxonMobil Holdings Corporation Stock Up 0.8%

ExxonMobil shares recently traded around $178.43 as of October 16, 2026, putting the price right near its 52-week high of $178.69. The stock is currently trading above its 50-day moving average of $163.21 and well above its 200-day moving average of $151.43.

Recent Earnings

ExxonMobil reported trailing twelve-month revenue of $361.06 billion alongside earnings of $7.77 per share. The energy company generated a net profit margin of 9.1% and a return on equity of 12.6%, with year-over-year revenue growth coming in at 44.1%. The company's next earnings report is scheduled for October 30, 2026.

Dividend

ExxonMobil pays an annual dividend yielding 2.36%, supported by a dividend payout ratio of 52.5%.

Insider Buying and Selling at ExxonMobil Holdings Corporation

Company insider Darrin L. Talley executed several transactions earlier in the year. On February 2, 2026, Talley disposed of 5,000 shares valued at $698,753. On February 9, 2026, Talley sold 3,230 shares at an average price of $149.18 for a total of $481,835. Later, on March 2, 2026, Talley sold 2,150 shares at an average price of $157.82, totaling $339,313. Finally, Talley sold 1,080 shares on March 16, 2026, at an average price of $155.50 for a total of $167,935.

Analysts Set New Price Targets

Wall Street research firms have updated their outlooks on the company. On August 17, 2026, Barclays maintained an Overweight rating while adjusting its price target from $182.00 to $177.00. Morgan Stanley maintained an Overweight rating on August 19, 2026, raising its target from $168.00 to $177.00. Piper Sandler maintained a Neutral rating on September 3, 2026, lifting its target from $158.00 to $185.00. TD Cowen maintained a Buy rating on September 28, 2026, raising its target from $168.00 to $180.00. Wells Fargo issued an Equal-Weight rating with a $182.00 price target on October 1, 2026. Across the broader analyst community, the stock holds a consensus buy rating with a mean price target of $174.00 based on 22 analyst opinions.

About ExxonMobil Holdings Corporation

Headquartered in Spring, Texas, ExxonMobil explores for and produces crude oil and natural gas in the United States, Canada, and international markets. The company operates through several segments spanning upstream production, energy products, chemicals, and specialty items. Institutional updates like Godsey & Gibb's new stake offer a look at how professional managers position themselves within the energy sector.

Bottom Line

Investors will be watching for ExxonMobil's upcoming earnings report on October 30, 2026, for fresh updates on financial performance. Keep in mind that 13F filings only show past positioning and may not reflect current holdings today.