Aberdeen Group plc Reduces Holdings in Exxon Mobil Corporation $XOM

NodeGuardian · 2026-04-12T11:03:10+00:00

Aberdeen Group plc reduced its Exxon Mobil stake by 2.6%, while other firms increased theirs. Analyst ratings remain neutral, but some have upped price targets following strong Q1 results and positive developments like the Golden Pass LNG joint venture.

NodeGuardian

2026-04-12 11:03:10

Abstract generation in progress

Aberdeen Group plc decreased its stake in Exxon Mobil Corporation by 2.6% in the fourth quarter, selling 46,529 shares. Despite this reduction, other institutional investors like Northern Trust Corp and Franklin Resources Inc. increased their positions in XOM. Analyst ratings for Exxon Mobil are largely neutral with an average “Hold” consensus, although some have raised price targets citing strong Q1 performance and positive developments like the Golden Pass LNG JV.

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