Vest Financial LLC Sells 13,751 Shares of ExxonMobil Corporation $XOM

Posted by Geri Gentry on Oct 23rd, 2026

Vest Financial LLC reduced its stake in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 3.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 432,341 shares of the oil and gas company’s stock after selling 13,751 shares during the quarter. Vest Financial LLC’s holdings in ExxonMobil were worth $70,363,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of XOM. Assetmark Inc. increased its stake in ExxonMobil by 8.3% in the 1st quarter. Assetmark Inc. now owns 492,309 shares of the oil and gas company’s stock worth $83,525,000 after purchasing an additional 37,666 shares during the period. Charles Schwab Trust Co lifted its position in ExxonMobil by 392.9% in the second quarter. Charles Schwab Trust Co now owns 122,223 shares of the oil and gas company’s stock valued at $16,710,000 after purchasing an additional 97,424 shares during the last quarter. CV Advisors LLC boosted its stake in shares of ExxonMobil by 126.7% during the second quarter. CV Advisors LLC now owns 11,589 shares of the oil and gas company’s stock valued at $1,584,000 after purchasing an additional 6,478 shares during the period. Midwest Trust Co boosted its stake in shares of ExxonMobil by 3.9% during the first quarter. Midwest Trust Co now owns 710,969 shares of the oil and gas company’s stock valued at $120,623,000 after purchasing an additional 26,411 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in shares of ExxonMobil by 13.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 253,420 shares of the oil and gas company’s stock valued at $34,648,000 after purchasing an additional 30,423 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

Positive Sentiment: Higher crude prices support earnings. ExxonMobil shares have gained about 12% over the past month and 45% this year as Middle East attacks pushed Brent crude above $100 per barrel. Higher oil prices can improve upstream revenue and cash flow. ExxonMobil Just Gained 12% in a Month and Chevron 11%: Take Profits, or Buy More?
Positive Sentiment: Analyst sentiment has improved. Zacks upgraded XOM from “hold” to “strong buy,” while Barclays raised its price target. The upgrades reflect ExxonMobil’s strong performance, balance sheet and outlook. Zacks Research Stock Recommendations ExxonMobil Stock Gets Price Target Bump from Barclays
Positive Sentiment: Long-term production prospects remain favorable. Low-cost Permian Basin and Guyana assets are expected to support upstream production growth through 2030, while disciplined investment could strengthen returns as oil prices remain elevated. Can ExxonMobil Strengthen Its Long-Term Upstream Production Capacity?
Neutral Sentiment: Momentum is attracting investor attention. Analysts describe XOM as a strong momentum stock and note that it has outperformed BP, although BP’s lower valuation may appeal to value-focused investors. XOM vs. BP: Which Integrated Energy Giant Has the Edge?
Negative Sentiment: Illinois refinery disruption is a near-term concern. The outage has contributed to a surge in Midwest gasoline prices and could pressure ExxonMobil’s refining volumes or raise repair costs, despite potentially supporting regional fuel margins. Midwest Pump Prices Surge After Disruption at Exxon’s Illinois Refinery

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on XOM shares. Piper Sandler raised their target price on shares of ExxonMobil from $158.00 to $185.00 and gave the stock a “neutral” rating in a report on Thursday, September 3rd. Wall Street Zen upgraded shares of ExxonMobil to a “hold” rating in a report on Saturday, September 5th. UBS Group reiterated a “buy” rating and set a $199.00 price target on shares of ExxonMobil in a report on Monday. Argus increased their price target on shares of ExxonMobil from $169.00 to $175.00 and gave the company a “buy” rating in a research report on Tuesday, August 11th. Finally, Wells Fargo & Company reissued an “equal weight” rating and issued a $182.00 price target on shares of ExxonMobil in a report on Thursday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and thirteen have issued a Hold rating to the company. Based on data from MarketBeat, ExxonMobil has an average rating of “Moderate Buy” and a consensus price target of $167.70.

Get Our Latest Stock Analysis on ExxonMobil

ExxonMobil Stock Down 0.1%

Shares of NYSE:XOM opened at $177.94 on Friday. The stock’s 50-day moving average is $165.33 and its 200 day moving average is $154.89. The company has a market cap of $737.56 billion, a PE ratio of 22.90, a P/E/G ratio of 0.89 and a beta of 0.21. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85. ExxonMobil Corporation has a 1 year low of $112.51 and a 1 year high of $180.31.

ExxonMobil (NYSE:XOM – Get Free Report) last released its quarterly earnings data on Friday, July 31st. The oil and gas company reported $3.52 earnings per share for the quarter, missing the consensus estimate of $3.56 by ($0.04). ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. The business had revenue of $114.53 billion during the quarter, compared to analysts’ expectations of $109.94 billion. During the same quarter last year, the business posted $1.64 EPS. Sell-side analysts anticipate that ExxonMobil Corporation will post 13.63 EPS for the current year.

ExxonMobil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 17th were paid a dividend of $1.03 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $4.12 annualized dividend and a dividend yield of 2.3%. ExxonMobil’s payout ratio is 53.02%.

ExxonMobil Profile

(Free Report)

Exxon Mobil Corporation, doing business as ExxonMobil (NYSE:XOM), is an integrated energy company engaged in the exploration, development, production, and sale of crude oil and natural gas. Its operations span the energy value chain, from resource development and refining to the marketing and distribution of fuels and other energy products.

Through its Energy Products segment, ExxonMobil manufactures and markets transportation fuels, lubricants, and other petroleum-based products. Its Chemical Products business produces petrochemicals, including commodity and performance products used in packaging, automotive components, construction materials, and consumer goods.