KBC Group NV Has $28.99 Million Stock Position in ConocoPhillips $COP

KBC Group NV lowered its holdings in shares of ConocoPhillips (NYSE:COP) by 12.1% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 278,841 shares of the energy producer’s stock after selling 38,272 shares during the period. KBC Group NV’s holdings in ConocoPhillips were worth $28,988,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Frazier Financial Advisors LLC lifted its position in shares of ConocoPhillips by 151.0% in the first quarter. Frazier Financial Advisors LLC now owns 241 shares of the energy producer’s stock valued at $32,000 after buying an additional 145 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of ConocoPhillips during the 4th quarter worth approximately $25,000. Ballast Advisors LLC acquired a new position in shares of ConocoPhillips during the 1st quarter worth approximately $36,000. Evergreen Advisors LLC acquired a new position in shares of ConocoPhillips during the 1st quarter worth approximately $36,000. Finally, Allied Private Wealth LLC bought a new stake in ConocoPhillips in the 2nd quarter valued at $32,000. Institutional investors and hedge funds own 82.36% of the company’s stock.

ConocoPhillips Stock Down 0.1%

COP stock opened at $126.67 on Monday. ConocoPhillips has a fifty-two week low of $85.57 and a fifty-two week high of $135.87. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.54 and a quick ratio of 1.39. The stock has a market capitalization of $152.17 billion, a price-to-earnings ratio of 16.75, a PEG ratio of 1.40 and a beta of 0.11. The business’s fifty day moving average price is $113.88 and its two-hundred day moving average price is $116.72.

ConocoPhillips (NYSE:COP) last announced its earnings results on Thursday, August 6th. The energy producer reported $3.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.90 by $0.34. ConocoPhillips had a net margin of 14.22% and a return on equity of 14.72%. The company had revenue of $19.52 billion during the quarter, compared to analysts’ expectations of $18.79 billion. During the same quarter in the previous year, the business posted $1.42 earnings per share. ConocoPhillips’s quarterly revenue was up 32.4% on a year-over-year basis. On average, equities analysts anticipate that ConocoPhillips will post 10.05 earnings per share for the current year.

ConocoPhillips Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be issued a $0.84 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $3.36 dividend on an annualized basis and a yield of 2.7%. ConocoPhillips’s payout ratio is currently 44.44%.

Key Stories Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Traders purchased 68,293 call options on Friday, roughly 339% above the average daily call volume of 15,545. The unusually high call activity signals increased speculative and potentially bullish interest in COP.
• Positive Sentiment: ConocoPhillips reported record Permian production and generated approximately $4.2 billion in second-quarter free cash flow. Management discussed using its financial strength to support expansion in Iraq and liquefied natural gas, which could improve future production and cash generation. ConocoPhillips Q2 2026 Earnings Call Transcript
• Positive Sentiment: The Coyote 3SX project on Alaska’s North Slope has achieved first oil. The start-up adds production from a project that received approximately $800 million in funding and reinforces COP’s growth outlook. ConocoPhillips Alaska’s Coyote 3SX Project Achieves First Oil
• Positive Sentiment: Rising oil prices amid tensions around the Strait of Hormuz are providing a favorable commodity-price backdrop for COP, whose earnings and cash flow remain sensitive to oil prices. Why ConocoPhillips Is in Focus as Oil Climbs on Hormuz Tensions
• Positive Sentiment: Susquehanna forecast strong price appreciation for COP, adding to the positive analyst outlook. Susquehanna Forecasts Strong Price Appreciation for ConocoPhillips
• Neutral Sentiment: Brokerages maintain an average “Moderate Buy” recommendation, indicating constructive but not overwhelmingly bullish institutional sentiment. ConocoPhillips Given Average Recommendation of Moderate Buy
• Neutral Sentiment: A broader LNG investment wave involving Qatar, the United States and Argentina may support the long-term market for gas producers, although the article does not announce a new COP project. Five LNG Megaprojects Poised to Power the Next Gas Boom

Analyst Ratings Changes

Several equities research analysts have issued reports on COP shares. Susquehanna raised their price target on ConocoPhillips from $155.00 to $161.00 and gave the company a “positive” rating in a report on Tuesday, August 11th. Royal Bank Of Canada set a $130.00 target price on shares of ConocoPhillips in a research note on Monday, June 22nd. Mizuho reduced their target price on shares of ConocoPhillips from $150.00 to $146.00 and set an “outperform” rating for the company in a report on Tuesday, July 7th. UBS Group upped their price target on shares of ConocoPhillips from $143.00 to $153.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Jefferies Financial Group increased their price target on shares of ConocoPhillips from $160.00 to $161.00 and gave the company a “buy” rating in a report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, ConocoPhillips currently has a consensus rating of “Moderate Buy” and a consensus target price of $137.68.

ConocoPhillips Company 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.