Vanguard Group Inc. reduced its stake in Exxon Mobil Corporation (NYSE:XOM) by 0.4% in the third quarter, yet still holds 429 million shares valued at $48.42 billion, making it their 14th largest position. Other institutional investors also adjusted their holdings, with the company’s stock currently trading at $148.47. Analysts have a “Hold” consensus rating for Exxon Mobil with an average price target of $140.59, and the company recently announced a quarterly dividend of $1.03 per share.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Vanguard Group Inc. Has $48.42 Billion Stock Holdings in Exxon Mobil Corporation $XOM
Vanguard Group Inc. reduced its stake in Exxon Mobil Corporation (NYSE:XOM) by 0.4% in the third quarter, yet still holds 429 million shares valued at $48.42 billion, making it their 14th largest position. Other institutional investors also adjusted their holdings, with the company’s stock currently trading at $148.47. Analysts have a “Hold” consensus rating for Exxon Mobil with an average price target of $140.59, and the company recently announced a quarterly dividend of $1.03 per share.