This Is the Best Time to Buy These 5 Long-Term Dividend Stocks

3. Exxon Mobil Corporation (NYSE:XOM)

Number of Hedge Fund Holders: 83

Dividend Yield as of November 1: 3.18%

Exxon Mobil Corporation (NYSE:XOM) is another energy company on our list, based in Irving, Texas. It explores for and produces crude oil and natural gas in the US and internationally.

Truist’s Neal Dingmann has a Hold rating on Exxon Mobil Corporation (NYSE:XOM) shares as of October 31. The analyst also raised his price target on the stock from $111 to $114.

Exxon Mobil Corporation (NYSE:XOM) has been attracting investor attention since posting its third-quarter sales of $112 billion and operating profits of $25 billion. The company is seen as a growth and safety play for most investors hedging against geopolitical turmoil and energy crises, in light of its yield and positive performance. Exxon is a dividend aristocrat, having raised its dividend consistently for 25 years.

There were 83 hedge funds long Exxon Mobil Corporation (NYSE:XOM) in the second quarter, with a total stake value of $8.6 billion.