20,000 Shares in ConocoPhillips $COP Bought by SPX Gestao de Recursos Ltda

SPX Gestao de Recursos Ltda purchased a new stake in ConocoPhillips (NYSE:COP) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 20,000 shares of the energy producer’s stock, valued at approximately $1,892,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Greenfield Savings Bank lifted its position in shares of ConocoPhillips by 1.2% in the third quarter. Greenfield Savings Bank now owns 9,018 shares of the energy producer’s stock worth $853,000 after purchasing an additional 108 shares in the last quarter. Perennial Investment Advisors LLC increased its stake in ConocoPhillips by 2.8% in the 2nd quarter. Perennial Investment Advisors LLC now owns 4,097 shares of the energy producer’s stock valued at $368,000 after buying an additional 112 shares during the last quarter. FAS Wealth Partners Inc. lifted its position in ConocoPhillips by 0.9% during the 2nd quarter. FAS Wealth Partners Inc. now owns 12,154 shares of the energy producer’s stock worth $1,091,000 after buying an additional 112 shares in the last quarter. Strategic Blueprint LLC boosted its stake in shares of ConocoPhillips by 1.4% during the 3rd quarter. Strategic Blueprint LLC now owns 7,917 shares of the energy producer’s stock worth $749,000 after buying an additional 112 shares during the last quarter. Finally, Strathmore Capital Advisors Inc. grew its holdings in shares of ConocoPhillips by 3.5% in the 3rd quarter. Strathmore Capital Advisors Inc. now owns 3,441 shares of the energy producer’s stock valued at $325,000 after acquiring an additional 116 shares in the last quarter. Institutional investors and hedge funds own 82.36% of the company’s stock.

ConocoPhillips Trading Up 0.4%

COP stock opened at $117.25 on Friday. ConocoPhillips has a one year low of $79.88 and a one year high of $122.50. The stock has a market cap of $144.89 billion, a price-to-earnings ratio of 18.49, a price-to-earnings-growth ratio of 2.97 and a beta of 0.27. The company has a fifty day moving average price of $104.22 and a two-hundred day moving average price of $96.16. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.30 and a quick ratio of 1.14.

ConocoPhillips (NYSE:COP) last issued its quarterly earnings data on Thursday, February 5th. The energy producer reported $1.02 earnings per share for the quarter, missing the consensus estimate of $1.23 by ($0.21). The company had revenue of $13.86 billion during the quarter, compared to the consensus estimate of $14.35 billion. ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. ConocoPhillips’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.98 earnings per share. Equities analysts anticipate that ConocoPhillips will post 8.16 EPS for the current year.

ConocoPhillips Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Wednesday, February 18th were given a dividend of $0.84 per share. The ex-dividend date was Wednesday, February 18th. This represents a $3.36 annualized dividend and a yield of 2.9%. ConocoPhillips’s dividend payout ratio (DPR) is 53.00%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on COP. Piper Sandler raised their price target on ConocoPhillips from $108.00 to $111.00 and gave the company an “overweight” rating in a research note on Friday, February 6th. Susquehanna increased their price objective on ConocoPhillips from $115.00 to $121.00 and gave the company a “positive” rating in a report on Friday, February 6th. Johnson Rice downgraded shares of ConocoPhillips from an “accumulate” rating to a “hold” rating and lowered their target price for the stock from $108.00 to $105.00 in a report on Friday, December 5th. Argus upped their price target on shares of ConocoPhillips from $111.00 to $128.00 and gave the stock a “strong-buy” rating in a research report on Friday, February 13th. Finally, Jefferies Financial Group increased their price target on shares of ConocoPhillips from $120.00 to $129.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, ConocoPhillips currently has an average rating of “Moderate Buy” and a consensus target price of $117.54.

More ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: UBS raised its price target on COP to $144 with a Buy rating, giving the shares clear analyst support and a sizable upside thesis that likely helped the rally. UBS price target raise (Benzinga)
• Positive Sentiment: BMO Capital Markets reiterated/forecast strong price appreciation for COP, and a separate report notes a price‑target raise to $135 — multiple upgrades are boosting investor confidence and inflows. BMO forecast (American Banking News)
• Neutral Sentiment: Investors and outlets are reassessing COP’s valuation after the recent share gains; analysis pieces flag the stock’s strong momentum but question how much cash‑flow upside is already priced in — useful context for longer‑term holders. Assessing ConocoPhillips Valuation (Yahoo Finance)
• Neutral Sentiment: Sector commentary notes upside if oil revisits $100/bbl — that scenario would materially boost cash flow and dividends for major producers like COP, but it remains speculative while WTI trades around $80. If Oil Hits $100 (247WallSt)
• Negative Sentiment: Jim Cramer flagged an oil sell‑off as the start of a broader bull market while noting shares of large names including ConocoPhillips are sliding in that environment — short‑term sentiment swings in oil are creating volatility for COP. Jim Cramer: oil sell-off context (Benzinga)
• Negative Sentiment: Louisiana officials say a major coastal‑damage lawsuit with ConocoPhillips is close to settlement — a potential legal payout or remediation obligation is an overhang that could pressure sentiment until terms are disclosed. Louisiana lawsuit settlement near (NOLA)
• Negative Sentiment: MarketWatch notes COP underperformed peers on a recent session — relative weakness versus competitors can trigger short‑term fund flows away from the stock even as the broader sector rallies. COP underperformance vs peers (MarketWatch)

Insider Activity

In other news, CEO Ryan Michael Lance sold 500,708 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $92.50, for a total value of $46,315,490.00. Following the transaction, the chief executive officer owned 325,972 shares of the company’s stock, valued at approximately $30,152,410. This represents a 60.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.24% of the stock is currently owned by corporate insiders.

ConocoPhillips Profile

ConocoPhillips (NYSE: COP) is a Houston-based international energy company focused on exploration and production of oil and natural gas. Formed in 2002 through the merger of Conoco Inc and Phillips Petroleum Company, the firm operates as an independent upstream company that explores for, develops and produces crude oil, natural gas and natural gas liquids across a portfolio of global assets.

The company’s activities span conventional and unconventional resources and include onshore and offshore operations in multiple regions around the world.