Exxon Mobil Corporation $XOM Shares Sold by First Citizens Bank & Trust Co.

Market Beat
2026.01.26 09:20
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First Citizens Bank & Trust Co. reduced its stake in Exxon Mobil Corporation (NYSE:XOM) by 24.8% in Q3, owning 197,663 shares valued at $22.3 million after selling 65,185 shares. Other investors also adjusted their positions, with notable increases from TruNorth Capital Management and Halbert Hargrove Global Advisors. In related news, Exxon Mobil's VP sold 3,000 shares, and analysts have raised price targets, indicating positive sentiment. However, macroeconomic factors and fluctuating crude prices pose risks to the stock's performance.