Cullen Frost Bankers Inc. Reduces Position in Exxon Mobil Corporation $XOM

Market Beat
2026.01.26 09:32
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Cullen Frost Bankers Inc. reduced its stake in Exxon Mobil Corporation (NYSE:XOM) by 3.6% in Q3, now holding 485,281 shares valued at $54.7 million. Other institutional investors have also adjusted their positions, with notable increases and new stakes. Analysts have mixed sentiments on XOM, with some raising price targets while others express concerns over macroeconomic factors and oil prices. Exxon is expected to post quarterly results soon, which may influence stock volatility.