TCV Trust & Wealth Management 13F: New $5.3M Stake in XOM

TCV Trust & Wealth Management opened a new position in ExxonMobil Holdings Corporation (NYSE: XOM), acquiring 32,524 shares valued at about $5.29 million. This action was disclosed in a filing on October 16, 2026, and reflects the fund's growing interest in the energy sector.

What Changed in TCV Trust & Wealth Management's ExxonMobil Position

TCV Trust & Wealth Management took a brand-new stake in ExxonMobil, starting with 32,524 shares. Since this is a new position, there is no previous share count to compare.

Other Institutional Activity in ExxonMobil

In the latest quarter, several other institutional investors also adjusted their positions in ExxonMobil. Blackrock Inc. grew its holdings by 12,005,948 shares, reaching a total of 334,746,496 shares worth about $59.91 billion. Meanwhile, State Street Corporation reduced its stake by 7,101,927 shares, ending with 206,811,526 shares valued at approximately $37.02 billion. Vanguard Capital Management LLC trimmed its position slightly, decreasing its shares by 461,028 to a total of 270,731,921 shares worth about $48.46 billion.

ExxonMobil Holdings Corporation Stock Up 0.8%

ExxonMobil shares recently traded around $178.43, which is above its 50-day moving average by about 9.3% and above its 200-day average by about 17.8%. The stock has also remained about equal to its 52-week high of $178.69, indicating strong performance in recent trading days.

Recent Earnings

ExxonMobil reported trailing twelve-month revenue of $361.06 billion and earnings per share of $7.77. The company's revenue growth year-over-year stands at 44.1%, with a net margin of 9.1%. The next earnings report is due on October 30, 2026.

Insider Buying and Selling at ExxonMobil Holdings Corporation

Several insider transactions have occurred recently. Darrin L. Talley, an officer at ExxonMobil, sold 5,000 shares on February 2, 2026, valued at approximately $698,753. He also sold shares on other occasions throughout early 2026, with transactions totaling 12,460 shares sold for a combined value exceeding $1.68 million.

Analysts Set New Price Targets

On October 15, 2026, Morgan Stanley maintained an 'Overweight' rating on ExxonMobil with a new price target of $185. Prior to that, analysts at Piper Sandler set a target of $185 on September 3, 2026, while TD Cowen maintained a 'Buy' rating with a target of $180 on September 28, 2026. The consensus among analysts shows a recommendation of 'buy' with a mean price target of $174.00 from 22 opinions.

About ExxonMobil

ExxonMobil Holdings Corporation specializes in the exploration and production of crude oil and natural gas. The company operates across various segments, including Upstream, Energy Products, and Chemical Products. Its recent activities, including new stakes from funds, highlight ongoing interest in the energy market, especially as energy prices fluctuate.

Bottom Line

Keep an eye on ExxonMobil's performance as it approaches its next earnings report on October 30, 2026. The filing reflects positions as of the last quarter and may not represent the current ownership of TCV Trust & Wealth Management or other funds involved. 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.