Mission Wealth Management 13F: New $15M Stake in ExxonMobil (XOM)

Mission Wealth Management just built a fresh stake in ExxonMobil Holdings Corporation NYSE: XOM, jumping into the oil and gas giant with a brand-new holding. According to a Form 13F filed with the SEC on October 15, 2026, the firm bought shares during the period. Because 13F reports look backward at the end of a reporting term, this filing captures the portfolio snapshot at that time and might not show what the fund holds today.

Inside Mission Wealth Management's ExxonMobil Trade

Mission Wealth Management opened a new position in ExxonMobil Holdings by picking up 94,714 shares. The newly minted stake had a reported value of $15,414,636. Since this is a brand-new buy, the fund did not previously own the stock.

Other Institutional Activity in ExxonMobil

Other large funds also shifted their money around the same time. 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, ending with 270,731,921 shares valued at about $48.5 billion. State Street Corporation trimmed its position by 7,101,927 shares, finishing with 206,811,526 shares worth about $37.0 billion. Fmr, LLC cut its holdings by 2,268,080 shares, ending with 137,736,841 shares worth about $24.7 billion. Vanguard Portfolio Management LLC added 1,063,791 shares, bringing its total to 116,693,258 shares worth about $20.9 billion.

ExxonMobil Holdings Corporation Stock Up 0.8%

ExxonMobil shares recently traded around $178.43. The stock sits above its 50-day moving average of $163.21 and its 200-day moving average of $151.43. It trades near its 52-week high of $178.69 and far above its 52-week low of $111.18.

Recent Earnings

ExxonMobil reported trailing twelve month revenue of $361.06 billion and earnings of $7.77 per share. The company posted a net profit margin of 9.1% and a return on equity of 12.6%. The next earnings report is set for October 30, 2026.

Dividend

The company pays an annual dividend yielding 2.36% with a payout ratio of 52.5%.

Insider Buying and Selling at ExxonMobil Holdings Corporation

Insiders have also made moves. Darrin L Talley sold 5,000 shares on February 2, 2026, for a total value of $698,753. Later, Talley sold 3,230 shares on February 9, 2026, at an average price of $149.18 for a total of $481,835. Talley sold another 2,150 shares on March 2, 2026, at an average price of $157.82, worth $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 firms continue to update their views. On August 19, 2026, Morgan Stanley maintained an overweight rating and raised its price target from $168.00 to $177.00. Piper Sandler maintained a neutral rating on September 3, 2026, raising its target from $158.00 to $185.00. TD Cowen maintained a buy rating on September 28, 2026, lifting its target to $180.00 from $168.00. Wells Fargo downgraded the stock to equal-weight with a target of $182.00 on October 1, 2026. Later, Morgan Stanley maintained an overweight rating and raised its target from $177.00 to $185.00 on October 15, 2026. Overall, the stock holds a consensus buy rating from 22 analysts with a mean price target of $174.00.

About ExxonMobil Holdings

ExxonMobil explores for and produces crude oil and natural gas across the United States, Canada, and global markets. The company operates segments focused on upstream production, energy products, chemicals, and specialty items. It is a major player in the global energy sector.

Bottom Line

Investors will look to ExxonMobil's upcoming earnings report on October 30, 2026, for updates on production and financial performance. Keep in mind that 13F filings show past positions and may not reflect what Mission Wealth Management holds today. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.