Net Worth Advisory Group Acquires 4,404 Shares of ConocoPhillips $COP

Net Worth Advisory Group grew its stake in ConocoPhillips (NYSE:COP) by 75.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 10,236 shares of the energy producer’s stock after buying an additional 4,404 shares during the period. Net Worth Advisory Group’s holdings in ConocoPhillips were worth $958,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Tema Etfs LLC acquired a new position in ConocoPhillips in the third quarter valued at $1,804,000. Victory Capital Management Inc. grew its holdings in ConocoPhillips by 14.7% during the 3rd quarter. Victory Capital Management Inc. now owns 2,331,176 shares of the energy producer’s stock worth $220,506,000 after acquiring an additional 298,245 shares during the period. Natixis Advisors LLC raised its position in shares of ConocoPhillips by 8.7% in the 3rd quarter. Natixis Advisors LLC now owns 1,996,426 shares of the energy producer’s stock worth $188,842,000 after acquiring an additional 160,410 shares in the last quarter. D.A. Davidson & CO. raised its position in shares of ConocoPhillips by 12.1% in the 3rd quarter. D.A. Davidson & CO. now owns 140,829 shares of the energy producer’s stock worth $13,321,000 after acquiring an additional 15,202 shares in the last quarter. Finally, Chilton Capital Management LLC lifted its stake in shares of ConocoPhillips by 3.2% in the 3rd quarter. Chilton Capital Management LLC now owns 389,995 shares of the energy producer’s stock valued at $36,890,000 after purchasing an additional 11,958 shares during the period. 82.36% of the stock is currently owned by institutional investors.

Key ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Morgan Stanley raised its price target to $149 and moved COP to “overweight,” supporting further upside from current levels. Benzinga
• Positive Sentiment: Analysts’ fair‑value updates lifted ConocoPhillips’ estimate (to ~$128.29 in one note), reflecting higher medium‑term oil price assumptions that justify stronger EPS/valuation scenarios. COP investment story shifting (Yahoo)
• Positive Sentiment: COP recently hit a 52‑week high, signaling momentum and investor appetite for large independent E&P names. 52‑week high (Investing.com)
• Positive Sentiment: Higher oil prices (Brent above ~$95) are a sector tailwind for upstream producers like ConocoPhillips, boosting cash flow sensitivity to commodity strength. Oil >$95 sector note (Yahoo)
• Neutral Sentiment: Options desks flag COP as a covered‑call candidate given elevated prices and implied volatility — indicates some investors prefer income harvesting over outright bullish exposure. Covered‑call interest (Barchart)
• Neutral Sentiment: Truist initiated coverage (new analyst attention); some houses remain cautious or have wide target ranges, so consensus expectations are mixed and valuation dispersion remains high. Truist initiation (American Banking News)
• Negative Sentiment: Significant insider selling was disclosed this week (including SVP Kelly Brunetti Rose and reports of larger executive sales); heavy insider dispositions can raise short‑term investor caution about near‑term allocation. Insider sales disclosure (InsiderTrades)
• Negative Sentiment: Geopolitical/operational risk: ConocoPhillips has sought U.S. protection around Qatari energy assets after regional strikes — evacuations and security actions add near‑term operational uncertainty for LNG and related projects. Qatar protection request (Yahoo)

Insider Activity

In other news, SVP Andrew D. Lundquist sold 34,500 shares of the business’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $119.68, for a total transaction of $4,128,960.00. Following the completion of the sale, the senior vice president directly owned 17,469 shares of the company’s stock, valued at $2,090,689.92. The trade was a 66.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Nicholas G. Olds sold 14,522 shares of the company’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $119.36, for a total transaction of $1,733,345.92. Following the completion of the sale, the executive vice president owned 12,389 shares in the company, valued at $1,478,751.04. This represents a 53.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 621,670 shares of company stock valued at $78,320,133. 0.24% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on COP shares. Wolfe Research upped their target price on ConocoPhillips from $122.00 to $123.00 and gave the company an “outperform” rating in a research report on Monday, January 26th. JPMorgan Chase & Co. increased their price target on ConocoPhillips from $98.00 to $103.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Susquehanna raised their price objective on shares of ConocoPhillips from $115.00 to $121.00 and gave the stock a “positive” rating in a research report on Friday, February 6th. Jefferies Financial Group lifted their price objective 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. Finally, Piper Sandler boosted their target price on shares of ConocoPhillips from $111.00 to $154.00 and gave the company an “overweight” rating in a research report on Thursday, March 12th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $122.16.

ConocoPhillips Price Performance

Shares of NYSE:COP opened at $133.94 on Friday. ConocoPhillips has a twelve month low of $79.88 and a twelve month high of $134.87. The stock’s 50 day moving average is $112.57 and its 200-day moving average is $99.08. The company has a quick ratio of 1.14, a current ratio of 1.30 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $165.51 billion, a price-to-earnings ratio of 21.13, a PEG ratio of 3.06 and a beta of 0.27.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings results on Thursday, February 5th. The energy producer reported $1.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.23 by ($0.21). The business had revenue of $13.86 billion during the quarter, compared to analyst estimates of $14.35 billion. ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. The business’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 business posted $1.98 EPS. Sell-side analysts forecast that ConocoPhillips will post 8.16 EPS for the current fiscal year.

ConocoPhillips Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Wednesday, February 18th were issued a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Wednesday, February 18th. ConocoPhillips’s dividend payout ratio (DPR) is currently 53.00%.

About ConocoPhillips

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.