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Virginia and other institutions add new stakes in ExxonMobil shares

Exxon Mobil logoExxon Mobil
Sig1.22Sen+1.35Env0.00Soc0.00Gov0.00

Virginia Retirement Systems and other institutions bought additional ExxonMobil shares in recent quarters, including a reported 1,200,713-share purchase worth about $164.2 million. California State Teachers Retirement System increased its holdings, while Norges Bank and Quantum Portfolio Management also added new positions. Analyst coverage cited dividend appeal and possible support from higher oil prices and refining constraints.

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