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Clarus Group cut its Exxon stake by 0.5% in Q2, now holding 95,089 shares worth $10.25 million.
Clarus Group Inc. reduced its stake in Exxon Mobil by 0.5% in the second quarter, now holding 95,089 shares worth $10.25 million, making it the company’s 6th largest holding.
Meanwhile, Cassia Capital Partners LLC increased its position by 2.1%, and Wealth Effects LLC sold 951 shares.
Exxon Mobil reported strong earnings per share of $1.64, beating estimates, though revenue declined 12.4% year-over-year.
The company paid a $0.99 quarterly dividend, yielding 3.4%, and has a consensus “Hold” rating with a target price of $125.00.
Institutional investors own 61.8% of the stock.
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Clarus Group redujo su participación en Exxon en un 0,5% en el segundo trimestre, ahora posee 95,089 acciones por un valor de $ 10,25 millones.