Envestnet Portfolio Solutions Inc. Grows Position in ConocoPhillips $COP

Envestnet Portfolio Solutions Inc. raised its stake in ConocoPhillips (NYSE:COP) by 4.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 161,807 shares of the energy producer’s stock after acquiring an additional 6,413 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in ConocoPhillips were worth $15,305,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in COP. Howard Hughes Medical Institute acquired a new position in ConocoPhillips in the 2nd quarter valued at about $25,000. Bogart Wealth LLC grew its holdings in shares of ConocoPhillips by 136.8% during the second quarter. Bogart Wealth LLC now owns 315 shares of the energy producer’s stock worth $28,000 after buying an additional 182 shares in the last quarter. Cedar Mountain Advisors LLC raised its position in shares of ConocoPhillips by 58.0% in the third quarter. Cedar Mountain Advisors LLC now owns 316 shares of the energy producer’s stock valued at $30,000 after buying an additional 116 shares during the last quarter. Activest Wealth Management lifted its stake in shares of ConocoPhillips by 249.5% during the second quarter. Activest Wealth Management now owns 325 shares of the energy producer’s stock valued at $29,000 after buying an additional 232 shares during the period. Finally, BNP Paribas acquired a new stake in ConocoPhillips during the second quarter worth approximately $33,000. Institutional investors and hedge funds own 82.36% of the company’s stock.

ConocoPhillips Trading Up 1.5%

NYSE COP opened at $98.34 on Friday. The company’s fifty day simple moving average is $93.40 and its 200-day simple moving average is $93.03. ConocoPhillips has a 52 week low of $79.88 and a 52 week high of $106.20. The stock has a market cap of $121.52 billion, a P/E ratio of 13.91, a PEG ratio of 2.86 and a beta of 0.32. The company has a current ratio of 1.32, a quick ratio of 1.18 and a debt-to-equity ratio of 0.35.

ConocoPhillips (NYSE:COP) last issued its earnings results on Thursday, November 6th. The energy producer reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.20. The business had revenue of $15.03 billion for the quarter, compared to analyst estimates of $14.51 billion. ConocoPhillips had a net margin of 14.25% and a return on equity of 13.64%. The company’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.78 EPS. Equities research analysts predict that ConocoPhillips will post 8.16 EPS for the current fiscal year.

ConocoPhillips Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were given a $0.84 dividend. This represents a $3.36 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Monday, November 17th. This is a positive change from ConocoPhillips’s previous quarterly dividend of $0.78. ConocoPhillips’s payout ratio is 47.52%.

Key Headlines Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Raymond James raised its price target to $113 and kept an “outperform” rating, signaling expected upside and reinforcing buy-side sentiment. Raymond James adjusts price target on ConocoPhillips to $113
• Positive Sentiment: Goldman Sachs lifted its target to $115 and kept a “buy” rating, adding credibility to the view that COP shares have meaningful upside vs. current levels. Goldman Sachs adjusts price target on ConocoPhillips to $115
• Positive Sentiment: Another price-target bump to $116 was reported, adding to analyst-driven momentum and providing a near-term valuation anchor for investors. ConocoPhillips (NYSE:COP) Price Target Raised to $116.00
• Positive Sentiment: Company commentary at industry events emphasized continued Permian growth — management said the Permian “will keep filling the tank,” reinforcing production-growth expectations that support revenue and cash-flow forecasts. ConocoPhillips: Permian will “keep filling the tank”
• Positive Sentiment: Executives urged greater water reuse and new power lines in the Permian — operational measures that can lower costs, expand drilling efficiency and de-risk growth, which investors view favorably. ConocoPhillips leaders see more Permian gains, urge water reuse and new power lines
• Positive Sentiment: Coverage of the 2026 State of Oil & Gas in Midland highlighted industry tailwinds and operational plans that benefit major Permian operators like COP. 2026 State of Oil and Gas hosted in Midland brings insight on new year operations
• Neutral Sentiment: A Zacks piece reviews Wall Street analysts’ recommendations on COP and notes generally optimistic broker views — helpful context but not a fresh catalyst by itself. Is ConocoPhillips (COP) a Buy as Wall Street Analysts Look Optimistic?
• Negative Sentiment: JPMorgan downgraded COP from Overweight to Neutral, which could temper upside for the stock and offset some of the bullish analyst moves. ConocoPhillips (NYSE:COP) Earns “Neutral” Rating from JPMorgan Chase & Co.

Insider Activity at ConocoPhillips

In other ConocoPhillips news, CEO Ryan Michael Lance sold 500,708 shares of the business’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $92.50, for a total transaction of $46,315,490.00. Following the completion of the sale, the chief executive officer owned 325,972 shares in the company, valued at $30,152,410. The trade was a 60.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director William H. Mcraven bought 5,768 shares of the company’s stock in a transaction on Monday, November 10th. The shares were acquired at an average cost of $86.68 per share, for a total transaction of $499,970.24. Following the completion of the acquisition, the director directly owned 5,768 shares of the company’s stock, valued at $499,970.24. This trade represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. 0.24% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on COP shares. Piper Sandler lowered their price objective on ConocoPhillips from $115.00 to $109.00 and set an “overweight” rating for the company in a research report on Thursday, January 8th. BMO Capital Markets decreased their target price on shares of ConocoPhillips from $110.00 to $105.00 and set an “outperform” rating on the stock in a research report on Monday, December 15th. Mizuho boosted their target price on shares of ConocoPhillips from $120.00 to $121.00 and gave the company an “outperform” rating in a report on Friday, December 12th. Wolfe Research cut their price target on shares of ConocoPhillips from $126.00 to $122.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 13th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of ConocoPhillips in a report on Monday, December 29th. Sixteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $110.61.

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.