Calamos Wealth Management LLC Has $4.06 Million Position in Exxon Mobil Corporation $XOM

Calamos Wealth Management LLC lifted its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 1.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 37,694 shares of the oil and gas company’s stock after acquiring an additional 566 shares during the quarter. Calamos Wealth Management LLC’s holdings in Exxon Mobil were worth $4,063,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Graybill Wealth Management LTD. acquired a new position in Exxon Mobil during the first quarter valued at approximately $29,000. Elequin Capital LP acquired a new position in Exxon Mobil in the 1st quarter valued at $31,000. Clal Insurance Enterprises Holdings Ltd raised its holdings in Exxon Mobil by 396.7% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 298 shares of the oil and gas company’s stock valued at $35,000 after acquiring an additional 238 shares in the last quarter. Game Plan Financial Advisors LLC increased its stake in shares of Exxon Mobil by 1,500.0% in the 1st quarter. Game Plan Financial Advisors LLC now owns 320 shares of the oil and gas company’s stock valued at $38,000 after purchasing an additional 300 shares during the last quarter. Finally, Marshall & Sullivan Inc. WA bought a new stake in Exxon Mobil during the 2nd quarter worth $38,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,158 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $110.45, for a total transaction of $238,351.10. Following the transaction, the vice president directly owned 13,829 shares of the company’s stock, valued at approximately $1,527,413.05. This trade represents a 13.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.03% of the stock is owned by company insiders.

Exxon Mobil Price Performance

Shares of XOM opened at $112.72 on Wednesday. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $123.21. The firm has a fifty day simple moving average of $112.10 and a two-hundred day simple moving average of $109.25. The company has a current ratio of 1.25, a quick ratio of 0.88 and a debt-to-equity ratio of 0.12. The firm has a market cap of $480.55 billion, a PE ratio of 16.01, a P/E/G ratio of 2.02 and a beta of 0.51.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. The company had revenue of $57.55 billion during the quarter. Exxon Mobil had a net margin of 9.17% and a return on equity of 11.34%. On average, equities analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Friday, August 15th were given a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Friday, August 15th. Exxon Mobil’s dividend payout ratio is 56.25%.

Analysts Set New Price Targets

XOM has been the topic of a number of recent analyst reports. Barclays dropped their price objective on Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 7th. UBS Group increased their price objective on Exxon Mobil from $143.00 to $145.00 and gave the company a “buy” rating in a report on Monday, October 13th. Piper Sandler set a $141.00 price target on Exxon Mobil in a report on Tuesday, October 7th. Melius initiated coverage on Exxon Mobil in a research note on Wednesday, August 20th. They set a “hold” rating and a $111.00 price objective for the company. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Exxon Mobil in a report on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, Exxon Mobil presently has a consensus rating of “Moderate Buy” and a consensus price target of $127.58.

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.