Calamos Advisors LLC Acquires 97,696 Shares of Exxon Mobil Corporation (NYSE:XOM)

Calamos Advisors LLC boosted its stake in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 8.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,240,414 shares of the oil and gas company's stock after purchasing an additional 97,696 shares during the quarter. Exxon Mobil comprises about 0.6% of Calamos Advisors LLC's holdings, making the stock its 25th biggest position. Calamos Advisors LLC's holdings in Exxon Mobil were worth $147,522,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of XOM. Quantinno Capital Management LP boosted its holdings in Exxon Mobil by 24.1% during the fourth quarter. Quantinno Capital Management LP now owns 570,158 shares of the oil and gas company's stock worth $61,332,000 after purchasing an additional 110,772 shares during the last quarter. Accredited Wealth Management LLC bought a new stake in shares of Exxon Mobil in the fourth quarter valued at approximately $55,000. Legacy Trust increased its holdings in Exxon Mobil by 12.7% during the 1st quarter. Legacy Trust now owns 8,861 shares of the oil and gas company's stock worth $1,054,000 after acquiring an additional 997 shares during the period. Renasant Bank increased its holdings in Exxon Mobil by 5.0% during the 4th quarter. Renasant Bank now owns 10,369 shares of the oil and gas company's stock worth $1,115,000 after acquiring an additional 493 shares during the period. Finally, Paradigm Capital Management LLC NV increased its holdings in Exxon Mobil by 1.6% during the 4th quarter. Paradigm Capital Management LLC NV now owns 14,244 shares of the oil and gas company's stock worth $1,532,000 after acquiring an additional 227 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Trading Down 0.4%

XOM traded down $0.43 during trading on Monday, hitting $111.77. 2,311,819 shares of the stock traded hands, compared to its average volume of 17,016,799. The firm has a market capitalization of $481.68 billion, a P/E ratio of 14.82, a price-to-earnings-growth ratio of 2.16 and a beta of 0.50. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.24 and a quick ratio of 0.90. The firm has a 50-day moving average of $107.32 and a 200 day moving average of $108.54. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $126.34.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.03. Exxon Mobil had a net margin of 9.49% and a return on equity of 12.06%. The business had revenue of $83.13 billion during the quarter, compared to analysts' expectations of $86.11 billion. During the same quarter in the prior year, the company posted $2.06 EPS. The firm's revenue for the quarter was up .1% compared to the same quarter last year. Equities research analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th were issued a $0.99 dividend. The ex-dividend date was Thursday, May 15th. This represents a $3.96 annualized dividend and a yield of 3.54%. Exxon Mobil's dividend payout ratio (DPR) is presently 52.52%.

Analyst Ratings Changes

A number of analysts recently weighed in on XOM shares. Piper Sandler raised shares of Exxon Mobil from a "hold" rating to a "strong-buy" rating and upped their target price for the stock from $125.00 to $131.00 in a report on Wednesday, July 2nd. Scotiabank decreased their price target on shares of Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating on the stock in a report on Friday, April 11th. Wall Street Zen raised shares of Exxon Mobil from a "sell" rating to a "hold" rating in a report on Friday, June 27th. TD Cowen increased their price target on shares of Exxon Mobil from $120.00 to $128.00 and gave the stock a "buy" rating in a report on Monday, June 23rd. Finally, Morgan Stanley decreased their price target on shares of Exxon Mobil from $141.00 to $138.00 and set an "overweight" rating on the stock in a report on Thursday, March 27th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, nine have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $125.40.

Exxon Mobil Company Profile

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.