WNY Asset Management LLC Increases Stake in Exxon Mobil Co. (NYSE:XOM)
Are you interested in learning more about Exxon Mobil Co. (NYSE:XOM)? Well, you’re in luck because we have all the latest updates on this oil and gas company right here in this blog post.
First off, let’s talk about WNY Asset Management LLC, who recently boosted their stake in Exxon Mobil by 10.5% in the 4th quarter. This move shows confidence in the company’s potential for growth and success. Other hedge funds have also been increasing their holdings in Exxon Mobil, indicating a positive outlook on the company’s future.
Analysts have set new price targets for Exxon Mobil, with many giving the stock a “buy” or “overweight” rating. This suggests that experts believe the company has strong potential for growth and profitability in the coming months.
In terms of insider activity, VP Darrin L. Talley recently sold shares of Exxon Mobil, but company insiders still own a small percentage of the stock. This could indicate that those within the company have faith in its future performance.
Exxon Mobil’s stock has been trading down slightly, but the company recently announced a quarterly dividend, showing a commitment to rewarding shareholders. With a strong market cap and solid financials, Exxon Mobil is positioned for success in the oil and gas industry.
If you want to learn more about Exxon Mobil and stay up to date on the latest news and analysis, be sure to visit HoldingsChannel.com for the most recent filings and insider trades. And don’t forget to sign up for MarketBeat.com’s FREE daily email newsletter to receive news and ratings for Exxon Mobil straight to your inbox.
Overall, Exxon Mobil is a company with a strong foundation and potential for growth. Keep an eye on this stock as it continues to make waves in the oil and gas industry.