Mather Group 13F: New $41M Stake in ExxonMobil (XOM)

Mather Group initiated a brand-new stake in ExxonMobil Holdings Corporation (NYSE: XOM), according to an institutional Form 13F filing with the SEC on October 14, 2026. The filing covers portfolio holdings as of the end of the reporting period and may not reflect the investor's current position today.

What Changed in Mather Group's ExxonMobil Position

The wealth management firm opened a new position by purchasing 254,534 shares of the energy giant. The newly acquired stake carried a reported value of $41,425,398 at the time of the filing. Because this was a brand-new holding, the firm held zero shares in the company prior to this reporting period.

Other Institutional Activity in ExxonMobil

Large institutional investors made significant adjustments to their ExxonMobil portfolios during the recent reporting cycle. Blackrock Inc. grew its holdings by 12,005,948 shares, ending with 334,746,496 shares worth about $59.9 billion following a 3.7% increase. Vanguard Capital Management LLC trimmed its stake by 461,028 shares, or 0.2%, leaving it with 270,731,921 shares valued at roughly $48.5 billion. State Street Corporation reduced its position by 7,101,927 shares, representing a 3.3% decrease to 206,811,526 shares worth about $37.0 billion. FMR, LLC cut its holdings by 2,268,080 shares, or 1.6%, finishing with 137,736,841 shares valued at approximately $24.7 billion. Vanguard Portfolio Management LLC lifted its stake by 1,063,791 shares, a 0.9% increase to 116,932,580 shares worth about $20.9 billion.

ExxonMobil Holdings Corporation Stock Up 0.8%

ExxonMobil shares recently traded around $178.43 as of October 16, 2026. The stock sits about equal to its 52-week high of $178.69 and well above its 52-week low of $111.18. Shares are trading roughly 9.3% above their 50-day moving average of $163.21 and about 17.8% above their 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 company posted a net profit margin of 9.1% and a return on equity of 12.6%, paired with year-over-year revenue growth of 44.1%. The company's next earnings report is scheduled for October 30, 2026.

Dividend

The company currently offers an annual dividend yield of 2.36%, backed by a dividend payout ratio of 52.5%.

Insider Buying and Selling at ExxonMobil Holdings Corporation

Company insiders executed several sales earlier in the year ahead of this filing. On February 2, 2026, officer Darrin L Talley sold 5,000 shares for a total value of $698,753. On February 9, 2026, Talley sold 3,230 shares at an average price of $149.18, totaling $481,835. On March 2, 2026, Talley disposed of 2,150 shares at $157.82 per share for a total of $339,313. Later, on March 16, 2026, Talley sold 1,080 shares at $155.50 each, amounting to $167,935. None of these transactions were reported as part of a Rule 10b5-1 trading plan.

Analysts Set New Price Targets

Wall Street firms have actively adjusted their views on the stock in recent months. On August 17, 2026, Barclays maintained its Overweight rating while lowering its price target to $177.00 from $182.00. On August 19, 2026, Morgan Stanley kept an Overweight rating and raised its target to $177.00 from $168.00. On September 3, 2026, Piper Sandler maintained a Neutral rating while lifting its target to $185.00 from $158.00. On September 28, 2026, TD Cowen maintained a Buy rating and raised its target to $180.00 from $168.00. On October 1, 2026, Wells Fargo downgraded the stock to an Equal-Weight rating with a price target of $182.00. Overall, the stock carries a consensus buy rating from 22 analysts, with a mean price target of $174.00.

About ExxonMobil

ExxonMobil Holdings Corporation explores for and produces crude oil and natural gas across the United States, Canada, and international markets. The company operates through several key divisions spanning upstream exploration, energy products, chemical manufacturing, and specialty items. Headquartered in Spring, Texas, the energy producer employs nearly 57,900 people worldwide.

Bottom Line

Investors tracking Mather Group's new stake should remember that Form 13F filings look backward at past quarters and may not reflect current holdings. Watch for the company's upcoming earnings release on October 30, 2026, for fresh updates on financial performance and operational output.