SCHEDULE 13G/A: Vanguard Group Reports 10.06% Ownership Stake in Exxon Mobil Corp as of February 28, 2025

The Vanguard Group has filed a Schedule 13G with the SEC, reporting beneficial ownership of 436,662,435 shares of Exxon Mobil Corp, representing 10.06% of the company's common stock as of February 28, 2025.

Summary

• The Vanguard Group filed a Schedule 13G with the SEC on March 6, 2025, regarding its ownership stake in Exxon Mobil Corp.
• As of February 28, 2025, Vanguard beneficially owns 436,662,435 shares of Exxon Mobil Corp's common stock.
• This represents 10.06% of the outstanding shares of Exxon Mobil Corp.
• Vanguard has sole dispositive power over 416,190,394 shares and shared dispositive power over 20,472,041 shares.
• Vanguard has sole voting power over 0 shares and shared voting power over 5,177,385 shares.
• The filing indicates that Vanguard's clients, including registered investment companies and managed accounts, have the right to receive dividends or proceeds from the sale of these securities, but no single client's interest exceeds 5%.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting ownership, so the sentiment is neutral.

Positives

• Vanguard's significant holding demonstrates a substantial investment in Exxon Mobil Corp.
• The filing confirms Vanguard's status as an investment advisor.
• Vanguard's holdings are widely distributed among its clients, mitigating concentration risk.

Future Outlook

There are no forward-looking statements in this document.

Industry Context

This filing reflects institutional investment activity in a major energy company. Monitoring such filings provides insights into investor sentiment and potential shifts in ownership structure within the industry.

Comparison to Industry Standards

• BlackRock Fund Advisors owns 6.7% of Exxon Mobil as of December 31, 2023.
• State Street Corporation owns 5.1% of Exxon Mobil as of December 31, 2023.
• Vanguard's 10.06% ownership is a significant holding compared to other institutional investors in Exxon Mobil.

Stakeholder Impact

• Shareholders: Informs them of institutional ownership levels.
• Exxon Mobil: Provides insight into their shareholder base.
• Potential Investors: Offers data for investment decisions.

Key Dates

Recommendation

Keywords

Exxon Mobil, Vanguard Group, Schedule 13G, Beneficial Ownership, SEC Filing, Investment Advisor, Common Stock