Calamos Wealth Management LLC Acquires 734 Shares of Exxon Mobil Co. (NYSE:XOM)

Calamos Wealth Management LLC increased its holdings in Exxon Mobil Co. (NYSE:XOMFree Report) by 4.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 16,326 shares of the oil and gas company’s stock after purchasing an additional 734 shares during the period. Calamos Wealth Management LLC’s holdings in Exxon Mobil were worth $1,632,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. KB Financial Partners LLC purchased a new stake in Exxon Mobil in the 1st quarter worth approximately $27,000. IMA Wealth Inc. lifted its stake in Exxon Mobil by 720.0% in the 2nd quarter. IMA Wealth Inc. now owns 369 shares of the oil and gas company’s stock worth $40,000 after purchasing an additional 324 shares in the last quarter. FWL Investment Management LLC purchased a new stake in shares of Exxon Mobil during the 4th quarter valued at $43,000. Turim 21 Investimentos Ltda. raised its position in shares of Exxon Mobil by 222.5% during the 1st quarter. Turim 21 Investimentos Ltda. now owns 574 shares of the oil and gas company’s stock valued at $47,000 after buying an additional 396 shares in the last quarter. Finally, Studio Investment Management LLC purchased a new stake in shares of Exxon Mobil during the 4th quarter valued at $49,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, VP Darrin L. Talley sold 2,400 shares of Exxon Mobil stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $105.00, for a total transaction of $252,000.00. Following the sale, the vice president now owns 30,189 shares of the company’s stock, valued at approximately $3,169,845. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.03% of the company’s stock.

Exxon Mobil Price Performance

Shares of Exxon Mobil stock opened at $119.88 on Monday. The firm has a market cap of $474.52 billion, a PE ratio of 13.48, a price-to-earnings-growth ratio of 4.12 and a beta of 0.96. Exxon Mobil Co. has a 12-month low of $95.77 and a 12-month high of $123.75. The company has a quick ratio of 1.09, a current ratio of 1.48 and a debt-to-equity ratio of 0.18. The company’s fifty day simple moving average is $111.55 and its two-hundred day simple moving average is $106.23.

Exxon Mobil (NYSE:XOMGet Free Report) last announced its earnings results on Friday, February 2nd. The oil and gas company reported $2.48 earnings per share for the quarter, beating analysts’ consensus estimates of $2.20 by $0.28. The firm had revenue of $84.34 billion for the quarter, compared to analyst estimates of $90.03 billion. Exxon Mobil had a net margin of 10.45% and a return on equity of 18.51%. The company’s revenue for the quarter was down 11.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.40 EPS. As a group, equities analysts expect that Exxon Mobil Co. will post 9.7 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Wednesday, February 14th were paid a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a dividend yield of 3.17%. The ex-dividend date was Tuesday, February 13th. Exxon Mobil’s payout ratio is 42.74%.

Analysts Set New Price Targets

XOM has been the topic of several research reports. Wells Fargo & Company raised their price objective on shares of Exxon Mobil from $126.00 to $138.00 and gave the company an “overweight” rating in a research report on Thursday, April 4th. Royal Bank of Canada restated a “sector perform” rating and set a $120.00 price objective on shares of Exxon Mobil in a research report on Monday, February 5th. Redburn Atlantic upgraded shares of Exxon Mobil from a “neutral” rating to a “buy” rating and raised their price objective for the company from $116.00 to $119.00 in a research report on Tuesday, January 9th. Truist Financial raised their price objective on shares of Exxon Mobil from $140.00 to $146.00 and gave the company a “buy” rating in a research report on Friday, April 5th. Finally, TD Cowen lifted their target price on shares of Exxon Mobil from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. Eight research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $132.28.

View Our Latest Analysis on Exxon Mobil

Exxon Mobil Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Co. (NYSE:XOMFree Report).

Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.