Patriot Financial Group Insurance Agency 13F: New $7.5M Stake in XOM

Patriot Financial Group Insurance Agency opened a brand-new position in ExxonMobil Holdings Corporation (NYSE: XOM), purchasing 46,163 shares of the oil and gas producer. The stake was valued at approximately $7.5 million, according to a Form 13F filed with the SEC on October 14, 2026. Because 13F filings look backward at holdings from the end of the reported quarter, this report may not capture the fund's exact current share count.

Inside Patriot Financial Group's ExxonMobil Trade

The fund established its new investment by acquiring 46,163 shares without holding any prior stake in the energy giant. The reported value of the position stood at $7.5 million.

Other Institutional Activity in ExxonMobil

Other major institutional investors adjusted their holdings in the energy company during recent periods. 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 holdings by 461,028 shares, ending with 270,731,921 shares worth about $48.5 billion. State Street Corporation cut its stake by 7,101,927 shares, finishing with 206,811,526 shares valued at roughly $37.0 billion. FMR, LLC trimmed its position by 2,268,080 shares to hold 137,736,841 shares worth about $24.7 billion. Meanwhile, Vanguard Portfolio Management LLC boosted its stake by 1,063,791 shares, bringing its total to 116,693,258 shares valued at approximately $20.9 billion.

ExxonMobil Holdings Corporation Stock Up 0.8%

ExxonMobil shares recently traded around $178.43, sitting roughly 9.3% above their 50-day moving average and about 17.8% above their 200-day moving average. The stock trades near its 52-week high of $178.69 and significantly higher than its 52-week low of $111.18. The company carries a market capitalization of roughly $718.3 billion and a price-to-earnings ratio of 22.48.

Recent Earnings

The energy company reported trailing-twelve-month revenue of $361.1 billion alongside basic earnings of $7.77 per share. ExxonMobil posted a net margin of 9.1% and a return on equity of 12.6%. The company's next quarterly financial update is scheduled for October 30, 2026.

Dividend

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

Insider Buying and Selling at ExxonMobil Holdings Corporation

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

Analysts Set New Price Targets

Wall Street research firms maintain active coverage on the energy producer. On August 17, 2026, Barclays maintained its Overweight stance while adjusting its target from $182.00 to $177.00. Morgan Stanley kept 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, moving its target from $168.00 to $180.00. Wells Fargo issued a downgrade on October 1, 2026, moving to an Equal-Weight rating with a target of $182.00. Across the broader analyst community, the stock holds a consensus Buy recommendation with a mean price target of $174.00 based on 22 analyst opinions.

About ExxonMobil

Headquartered in Spring, Texas, ExxonMobil explores for and produces crude oil and natural gas across the United States, Canada, and global markets. The company operates through several key divisions spanning upstream extraction, chemical manufacturing, fuels, and specialty lubricant products.

Bottom Line

Investors will look toward ExxonMobil's upcoming earnings release on October 30, 2026, for fresh updates on production volumes and cash flow. Institutional filings like Patriot Financial Group's offer a glimpse into past portfolio adjustments but should be reviewed alongside current market conditions. 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.