Turtle Creek Wealth Advisors 13F: New $50M Stake in XOM

Turtle Creek Wealth Advisors stepped into the energy sector by opening a brand-new stake in ExxonMobil Holdings (NYSE: XOM). According to the fund's latest Form 13F filing with the SEC on October 15, 2026, the firm picked up 308,320 shares. The newly established position carried a reported value of about $50.2 million at the time of the filing. Because 13F reports look backward at the previous quarter, this filing reflects the fund's holdings as of the reporting date and may not show its current posture today.

What Changed in Turtle Creek Wealth Advisors's ExxonMobil Position

Turtle Creek started from scratch with this investment, buying 308,320 shares to build its initial stake. Since this is a brand-new position with no prior shares held, there is no percentage change to report. The total value of the newly added shares came in at roughly $50.2 million, giving the firm a notable footprint in the oil and gas giant.

Other Institutional Activity in ExxonMobil

Other large money managers were also busy adjusting their holdings in ExxonMobil around the same reporting period. 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 trimmed its stake by 461,028 shares, leaving it with 270,731,921 shares valued at about $48.5 billion. State Street Corporation lowered 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 to hold 137,736,491 shares valued at about $24.7 billion. Meanwhile, Vanguard Portfolio Management LLC added 1,063,791 shares to grow its stake to 116,693,258 shares worth about $20.9 billion.

ExxonMobil Holdings Corporation Stock Up 0.8%

ExxonMobil shares recently traded around $178.43, sitting right near the top of their 52-week range of $111.18 to $178.69. The stock trades well above its 50-day moving average of $163.21 and its 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 year-over-year revenue growth rate of 44.1%, a net profit margin of 9.1%, and a return on equity of 12.6%. The company's next earnings report is scheduled for October 30, 2026.

Dividend

ExxonMobil offers an annual dividend yield of 2.36%, supported by a dividend payout ratio of 52.5% of its earnings.

Insider Buying and Selling at ExxonMobil Holdings Corporation

Company insiders were active sellers earlier in the year. Darrin L. Talley, an officer at ExxonMobil, sold 5,000 shares on February 2, 2026, for a total value of $698,753. Talley later sold 3,230 shares at an average price of $149.18 on February 9, 2026, totaling $481,835. On March 2, 2026, Talley sold another 2,150 shares at an average price of $157.82 for about $339,313. Finally, Talley sold 1,080 shares at $155.50 on March 16, 2026, worth $167,935. None of these transactions were reported as part of a planned Rule 10b5-1 trading arrangement.

Analysts Set New Price Targets

Wall Street analysts have kept a close eye on the company's valuation. On August 19, 2026, Morgan Stanley maintained its Overweight rating while raising its price target from $168.00 to $177.00. Piper Sandler maintained a Neutral rating on September 3, 2026, while bumping its target from $158.00 to $185.00. TD Cowen maintained a Buy rating on September 28, 2026, raising its target to $180.00 from $168.00. Wells Fargo downgraded the stock to Equal-Weight on October 1, 2026, with a target of $182.00. Later, on October 15, 2026, Morgan Stanley maintained its Overweight rating and lifted its target to $185.00. Across the broader analyst community, the stock holds a consensus buy rating with a mean price target of $174.00 based on 22 analyst opinions.

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, including upstream exploration, energy products, chemical manufacturing, and specialty items. Its operations range from finding and extracting petroleum to refining fuels and creating chemical catalysts.

Bottom Line

Turtle Creek Wealth Advisors joins a long list of institutional players holding positions in the energy giant as shares trade near yearly highs. Investors will likely look toward ExxonMobil's upcoming earnings release on October 30, 2026, for fresh details on operational performance. As always, 13F filings show past snapshots of fund portfolios and may not reflect ongoing portfolio changes. 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.