Trust Co of Toledo Na 13F: New $13M Stake in ExxonMobil (XOM)

Trust Co of Toledo Na has opened a new position in ExxonMobil Holdings Corporation (XOM) as disclosed in a filing on October 16, 2026, acquiring 77,815 shares valued at approximately $12.6 million. This new stake reflects the fund's interest in the energy sector, particularly in large players like ExxonMobil.

What Changed in Trust Co of Toledo Na's ExxonMobil Position

The fund took a new position in ExxonMobil, buying 77,815 shares. This marks the first time Trust Co of Toledo Na has invested in the company, reflecting a new interest in its operations.

Other Institutional Activity in ExxonMobil

Several big investors have adjusted their holdings in ExxonMobil. BlackRock Inc. increased its stake by 12,005,948 shares, bringing its total to 334,746,496 shares worth about $59.9 billion. Meanwhile, Vanguard Capital Management LLC slightly decreased its position by 461,028 shares, totaling 270,731,921 shares valued at $48.5 billion. State Street Corporation also reduced its stake by 7,101,927 shares to 206,811,526 shares, worth approximately $37.0 billion.

ExxonMobil Holdings Corporation Stock Up 0.8%

ExxonMobil's stock recently traded around $178.43, which is above its 50-day moving average of $163.21 and close to its 52-week high of $178.69. This strong position indicates investor confidence in the company's performance, especially with its recent revenue growth of 44.1% year-over-year.

Recent Earnings

ExxonMobil reported a trailing twelve-month revenue of about $361.1 billion and earnings per share (EPS) of $7.77. The next earnings report is scheduled for October 30, 2026, which could provide further insights into the company’s performance.

Insider Buying and Selling at ExxonMobil Holdings Corporation

Some insider transactions have taken place at ExxonMobil. Officer Darrin L. Talley sold 5,000 shares on February 2, 2026, valued at approximately $698,753. Another sale included 3,230 shares at $149.18 on February 9, 2026, totaling about $481,835. These sales occurred prior to the recent institutional activities.

Analysts Set New Price Targets

On October 15, 2026, Morgan Stanley maintained its Overweight rating on ExxonMobil, raising its price target to $185. This follows earlier targets from firms like TD Cowen, which set a target of $180, and Piper Sandler, which has a target of $185. The average price target among analysts is currently around $174, with a consensus recommendation to buy.

About ExxonMobil

ExxonMobil Holdings Corporation engages in exploring and producing crude oil and natural gas. Headquartered in Spring, Texas, the company operates in various segments, including Upstream and Energy Products, providing a wide range of services and products in the energy sector. Its significant market presence reflects its importance in the industry.

Bottom Line

Investors should keep an eye on ExxonMobil’s upcoming earnings report on October 30, 2026, as well as any further institutional filings that may reveal changes in ownership. This filing on October 16, 2026, represents a snapshot of Trust Co of Toledo Na's position at that time and may not reflect current holdings.