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ProVise Management Group LLC Has $18.99 Million Stock Position in Exxon Mobil Corporation $XOM
ProVise Management Group LLC significantly increased its stake in Exxon Mobil Corporation, owning 168,432 shares worth approximately $18.99 million, making it their 20th largest holding. The oil giant recently beat quarterly EPS estimates with strong revenue and declared a $1.03 quarterly dividend. Despite some insider selling and governance changes, Exxon Mobil maintains a “Hold” consensus rating from analysts, driven by positive sentiment around global oil prices, strategic operational flexibility, and robust growth assets.