Alberta Investment Management Corp significantly reduced its stake in Exxon Mobil, selling 37,150 shares and retaining 27,682 shares valued at $3.12 million. Despite this, Exxon Mobil reported strong earnings, beating analyst estimates with $1.71 EPS and $80.04 billion in revenue, and declared a quarterly dividend of $1.03 per share. The company maintains a “Hold” consensus rating from analysts with an average price target of $140.59.
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Alberta Investment Management Corp Sells 37,150 Shares of Exxon Mobil Corporation $XOM
Alberta Investment Management Corp significantly reduced its stake in Exxon Mobil, selling 37,150 shares and retaining 27,682 shares valued at $3.12 million. Despite this, Exxon Mobil reported strong earnings, beating analyst estimates with $1.71 EPS and $80.04 billion in revenue, and declared a quarterly dividend of $1.03 per share. The company maintains a “Hold” consensus rating from analysts with an average price target of $140.59.