Vanguard Capital Management Reports A 7.62% Passive Stake In ExxonMobil

The filing covers 313,601,337 shares, and Vanguard says it holds them in the ordinary course of business, not to influence control.

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Vanguard Capital Management Reports A 7.62% Passive Stake In ExxonMobil

Vanguard Capital Management reported a 7.62% stake in ExxonMobil, covering 313,601,337 common shares, in a passive ownership filing on Friday. It landed the same day the oil major reported third-quarter results.

Inside the 313.6 million shares

Vanguard holds sole voting power over 43,368,357 of the shares and shared voting power over none, the filing shows. The 7.62% is a cover-page figure measured on the Rule 13d-3 basis, which counts shares a holder could acquire within 60 days. The filing lists September 30, 2026 as its date of event.

The position pools shares held by Vanguard funds with those held through affiliates, including Vanguard Fiduciary Trust Company and Vanguard Asset Management Limited. Vanguard says no one other person's interest in the reported shares is more than 5%.

Vanguard certified that the shares were acquired and are held in the ordinary course of business, not to change or influence control of ExxonMobil.

Earnings day for the stock

The filing arrived as ExxonMobil reported third-quarter adjusted earnings of $4.23 per share. The company also announced $20 billion in share repurchases for 2027 and declared a fourth-quarter dividend of $1.07 per share.

ExxonMobil shares traded at $185.66 in Friday trading as of 12:09 p.m. ET, up about 1.29% from the prior close of $183.29, for a market value of $753.7 billion. A Yahoo Finance report said the shares were up more than 53% so far in 2026.

The $1.07 fourth-quarter dividend is payable December 10 to holders of record at the close of business on November 16.

Sources

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