IFP Advisors 13F: New $30M Stake in ExxonMobil (XOM)

IFP Advisors disclosed on October 16, 2026, that it has taken a new position in ExxonMobil Holdings Corporation (NYSE: XOM), acquiring 184,970 shares valued at approximately $30.1 million. This marks the first time the fund has invested in this company.

What Changed in IFP Advisors' ExxonMobil Position

IFP Advisors opened a new position with 184,970 shares, reflecting a complete entry into the stock as it had no previous holdings. This new buy could signal optimism about ExxonMobil's future performance in the energy sector.

Other Institutional Activity in ExxonMobil

Several other funds have also been active in ExxonMobil recently. Blackrock Inc. grew its holdings by 12,005,948 shares, ending with 334,746,496 shares worth about $59.9 billion. Vanguard Capital Management LLC reduced its stake by 461,028 shares, bringing its total to 270,731,921 shares valued at approximately $48.5 billion. State Street Corporation decreased its position by 7,101,927 shares, now holding 206,811,526 shares worth around $37.0 billion.

ExxonMobil Holdings Corporation Stock Up 0.8%

ExxonMobil shares are recently trading at $178.43, above both its 50-day moving average and 200-day moving average by 9.3% and 17.8%, respectively. The stock is also about equal to its 52-week high of $178.69, and trades 60.5% above its 52-week low of $111.18. This performance suggests strong market interest.

Recent Earnings

In its most recent reporting period, ExxonMobil posted trailing twelve-month revenue of approximately $361.1 billion and an EPS of $7.77. The company's revenue growth year-over-year stands at 44.1%, with a net margin of 9.1% and a return on equity of 12.6%. Investors can expect the next earnings report on October 30, 2026.

Insider Buying and Selling at ExxonMobil Holdings Corporation

Insider activity includes Darrin L Talley, an officer at the company, who sold shares on various occasions earlier this year. On February 2, 2026, he sold 5,000 shares, and on February 9, he sold 3,230 shares at an average price of $149.18, totaling a value of about $481,835. These transactions occurred before IFP Advisors' latest investment.

Analysts Set New Price Targets

On October 15, 2026, Morgan Stanley maintained its Overweight rating on ExxonMobil, raising its price target from $177 to $185. Piper Sandler also maintained a Neutral rating with a target of $185. The consensus recommendation among analysts remains a buy, with a target mean price of $174.00 based on 22 opinions.

About ExxonMobil Holdings Corporation

ExxonMobil engages in the exploration and production of crude oil and natural gas across various regions, including the United States and Canada. The company operates through segments like Upstream and Energy Products, providing fuels and chemical products. IFP Advisors' investment highlights ongoing interest in energy firms as the market shifts.

Bottom Line

Investors should keep an eye on ExxonMobil's upcoming earnings report scheduled for October 30, 2026. Additionally, as seen in IFP Advisors' filing, the latest 13F reflects positions as of the end of the prior reporting period and may not represent current holdings.