Calamos Wealth Management LLC Has $4.42 Million Stock Holdings in Exxon Mobil Corporation (NYSE:XOM)

Calamos Wealth Management LLC raised its position in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 76.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,128 shares of the oil and gas company's stock after acquiring an additional 16,053 shares during the quarter. Calamos Wealth Management LLC's holdings in Exxon Mobil were worth $4,416,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in XOM. Proficio Capital Partners LLC lifted its stake in shares of Exxon Mobil by 35.3% during the 4th quarter. Proficio Capital Partners LLC now owns 18,252 shares of the oil and gas company's stock worth $1,963,000 after buying an additional 4,760 shares during the last quarter. Strategic Family Wealth Counselors L.L.C. increased its position in Exxon Mobil by 16.9% during the fourth quarter. Strategic Family Wealth Counselors L.L.C. now owns 4,141 shares of the oil and gas company's stock worth $445,000 after acquiring an additional 600 shares during the period. Ashton Thomas Private Wealth LLC increased its position in Exxon Mobil by 19.2% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 119,926 shares of the oil and gas company's stock worth $12,900,000 after acquiring an additional 19,358 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in Exxon Mobil by 0.3% during the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 51,452 shares of the oil and gas company's stock worth $5,535,000 after acquiring an additional 158 shares during the period. Finally, Destination Wealth Management increased its position in Exxon Mobil by 122.2% during the fourth quarter. Destination Wealth Management now owns 13,622 shares of the oil and gas company's stock worth $1,465,000 after acquiring an additional 7,492 shares during the period. Institutional investors and hedge funds own 61.80% of the company's stock.

Exxon Mobil Price Performance

Shares of XOM traded up $1.10 during mid-day trading on Friday, reaching $112.15. The company had a trading volume of 11,223,580 shares, compared to its average volume of 15,771,659. The company's 50 day simple moving average is $107.32 and its 200 day simple moving average is $108.52. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $126.34. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.90 and a current ratio of 1.24. The company has a market capitalization of $483.33 billion, a price-to-earnings ratio of 14.87, a P/E/G ratio of 2.16 and a beta of 0.50.

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

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th were paid a $0.99 dividend. The ex-dividend date was Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.53%. Exxon Mobil's payout ratio is currently 52.52%.

Analyst Ratings Changes

A number of research firms recently commented on XOM. Wells Fargo & Company set a $127.00 price target on shares of Exxon Mobil and gave the stock an "overweight" rating in a research report on Thursday, June 26th. Royal Bank Of Canada reaffirmed a "sector perform" rating on shares of Exxon Mobil in a research report on Thursday, May 22nd. TD Cowen raised their price target on shares of Exxon Mobil from $120.00 to $128.00 and gave the stock a "buy" rating in a research report on Monday, June 23rd. Piper Sandler raised shares of Exxon Mobil from a "hold" rating to a "strong-buy" rating and raised their price target for the stock from $125.00 to $131.00 in a research report on Wednesday. Finally, UBS Group lowered their price target on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. One analyst has rated the stock with a sell rating, ten have given a hold rating, nine have assigned a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $125.40.

Exxon Mobil 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.