Empirical Financial Services LLC d.b.a. Empirical Wealth Management Sells 7,271 Shares of Exxon Mobil Corporation $XOM

Empirical Financial Services LLC d.b.a. Empirical Wealth Management reduced its stake in Exxon Mobil Corporation (NYSE:XOM) by 7.1% during the third quarter, selling 7,271 shares and retaining 94,700 shares valued at approximately $10.68 million. Despite this sale, other institutional investors increased their holdings, and analysts maintain a “Hold” consensus rating with an average target price of $140.59. Exxon Mobil also declared a quarterly dividend of $1.03, equating to an annualized dividend of $4.12 and a yield of around 2.8%.