Nordea Investment Management AB Acquires 102,387 Shares of Exxon Mobil Corporation $XOM

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Nordea Investment Management AB increased its stake in Exxon Mobil Corporation by 9.2% in the fourth quarter, purchasing 102,387 shares to own a total of 1,217,159 shares valued at $145.94 million. Other institutions also made significant moves, with Norges Bank establishing a new position and First Trust Advisors LP and Franklin Resources Inc. boosting their holdings. Analyst ratings are generally a “Hold” with a consensus target price of $148.89, though some have recently raised their price targets.

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