Calamos Advisors LLC Lowers Position in ExxonMobil Corporation $XOM

Key Points

• Calamos Advisors LLC reduced its stake in ExxonMobil by 1.3% in Q4, selling 15,043 shares and finishing the period with 1,174,576 shares valued at about $141.35 million, roughly 0.5% of its portfolio and its 29th largest holding.
• ExxonMobil carries a consensus rating of "Moderate Buy" with a $161.55 consensus price target; the company recently beat quarterly EPS estimates ($1.71 vs. $1.63) and pays a quarterly dividend of $1.03 (annualized yield ~2.8%).

Calamos Advisors LLC cut its stake in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,174,576 shares of the oil and gas company's stock after selling 15,043 shares during the period. ExxonMobil comprises approximately 0.5% of Calamos Advisors LLC's investment portfolio, making the stock its 29th largest holding. Calamos Advisors LLC's holdings in ExxonMobil were worth $141,348,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the company. Key Capital Management INC bought a new position in shares of ExxonMobil during the fourth quarter valued at about $28,000. Westfuller Advisors LLC bought a new stake in ExxonMobil in the 3rd quarter worth about $30,000. Nvest Wealth Strategies Inc. purchased a new stake in ExxonMobil in the 4th quarter valued at about $32,000. DecisionPoint Financial LLC lifted its position in shares of ExxonMobil by 968.0% during the 4th quarter. DecisionPoint Financial LLC now owns 267 shares of the oil and gas company's stock worth $32,000 after buying an additional 242 shares in the last quarter. Finally, TruNorth Capital Management LLC boosted its stake in shares of ExxonMobil by 1,595.2% in the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company's stock worth $40,000 after buying an additional 335 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Wolfe Research downgraded ExxonMobil from an "outperform" rating to a "peer perform" rating in a research report on Tuesday, April 21st. BMO Capital Markets reaffirmed a "market perform" rating and set a $155.00 price target on shares of ExxonMobil in a research report on Wednesday, February 4th. Morgan Stanley decreased their price target on ExxonMobil from $172.00 to $171.00 and set an "overweight" rating for the company in a research report on Friday, April 17th. Jefferies Financial Group increased their price target on ExxonMobil from $178.00 to $184.00 and gave the company a "buy" rating in a research report on Thursday, April 9th. Finally, TD Cowen decreased their price target on ExxonMobil from $175.00 to $172.00 and set a "buy" rating for the company in a research report on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, ExxonMobil presently has a consensus rating of "Moderate Buy" and a consensus price target of $161.55.

ExxonMobil Stock Down 0.5%

XOM opened at $148.15 on Tuesday. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The stock has a market cap of $615.79 billion, a price-to-earnings ratio of 22.15, a PEG ratio of 0.75 and a beta of 0.29. ExxonMobil Corporation has a twelve month low of $101.18 and a twelve month high of $176.41. The company's 50-day moving average price is $154.74 and its two-hundred day moving average price is $134.37.

ExxonMobil (NYSE:XOM - Get Free Report) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating analysts' consensus estimates of $1.63 by $0.08. The firm had revenue of $80.04 billion for the quarter, compared to analysts' expectations of $77.98 billion. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. The company's quarterly revenue was down 1.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.67 earnings per share. As a group, equities analysts expect that ExxonMobil Corporation will post 9.94 earnings per share for the current year.

ExxonMobil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Thursday, February 12th. ExxonMobil's dividend payout ratio is presently 61.58%.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Jim Cramer singled out Exxon (alongside Chevron) as part of a “classic long-term” oil play, which can boost retail/institutional investor confidence in XOM’s steady, dividend-focused positioning. Jim Cramer Says Oil Companies Like Chevron and Exxon “Have Classic Long-Term Approaches”
• Positive Sentiment: Coverage highlights a strategic shift at Exxon toward new business areas (advanced materials, CCS-enabled services, and integration of Pioneer assets) that could de‑risk future cash flows and support longer-term growth expectations. ExxonMobil’s latest move shows a shift by the global oil giant
• Positive Sentiment: A bullish preview argues XOM remains undervalued vs. fundamentals, citing Permian production gains from Pioneer assets and growth in new divisions — a narrative that supports buy-side interest ahead of results. Exxon Mobil's Earnings Might Change The Game (Preview)
• Positive Sentiment: Macro headlines show oil futures rising after U.S.-Iran peace talks were scrapped — higher oil prices generally lift upstream earnings and cash flow for majors like Exxon. 5 Things to Know Before the Stock Market Opens
• Negative Sentiment: Competitor BP is being portrayed as outperforming peers into Q1 results, a narrative that could pressure relative-performance investors and prompt reweighting away from Exxon if BP’s operational/financial beats continue. Big Oil Stocks: Why BP Is Leaving ExxonMobil in the Dust Ahead of Q1 Earnings
• Negative Sentiment: A lawsuit alleges ExxonMobil participated in a scheme shifting orphan-well cleanup costs to taxpayers — potential legal, remediation and reputational risks that investors will watch for escalation or material liabilities. Lawsuit claims Exxon Mobil, Empire Petroleum defrauded taxpayers in orphan well scheme
• Neutral Sentiment: Exxon’s large charitable fundraising in Houston generates positive PR but is unlikely to move the stock materially; useful for stakeholder relations, not near-term earnings. Exxon Mobil raises record-breaking $16 million for Houston nonprofits, mostly for United Way

Insider Activity at ExxonMobil

In related news, VP Darrin L. Talley sold 1,080 shares of the company's stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $155.50, for a total transaction of $167,940.00. Following the sale, the vice president directly owned 17,124 shares in the company, valued at approximately $2,662,782. This represents a 5.93% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In the last 90 days, insiders have sold 11,460 shares of company stock worth $1,687,854. Corporate insiders own 0.03% of the company's stock.

About ExxonMobil

ExxonMobil Corporation NYSE: XOM is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.

ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.

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