Swiss Life Asset Management Ltd Decreases Holdings in ConocoPhillips $COP

Swiss Life Asset Management Ltd reduced its holdings in shares of ConocoPhillips (NYSE:COP) by 12.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 144,641 shares of the energy producer’s stock after selling 19,691 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in ConocoPhillips were worth $13,682,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Tema Etfs LLC purchased a new position in shares of ConocoPhillips in the 3rd quarter valued at $1,804,000. Victory Capital Management Inc. raised its stake 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 in the last quarter. Natixis Advisors LLC lifted its position in ConocoPhillips by 8.7% in the third quarter. Natixis Advisors LLC now owns 1,996,426 shares of the energy producer’s stock valued at $188,842,000 after acquiring an additional 160,410 shares during the last quarter. D.A. Davidson & CO. lifted its position in ConocoPhillips by 12.1% in the third quarter. D.A. Davidson & CO. now owns 140,829 shares of the energy producer’s stock valued at $13,321,000 after acquiring an additional 15,202 shares during the last quarter. Finally, Chilton Capital Management LLC boosted its stake in ConocoPhillips by 3.2% in the third quarter. Chilton Capital Management LLC now owns 389,995 shares of the energy producer’s stock valued at $36,890,000 after acquiring an additional 11,958 shares in the last quarter. Hedge funds and other institutional investors own 82.36% of the company’s stock.

ConocoPhillips Stock Up 0.6%

COP opened at $126.78 on Friday. ConocoPhillips has a 52 week low of $79.88 and a 52 week high of $128.13. The business has a 50 day moving average price of $109.30 and a two-hundred day moving average price of $97.84. 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 company has a market cap of $156.66 billion, a PE ratio of 20.00, a P/E/G ratio of 3.47 and a beta of 0.27.

ConocoPhillips (NYSE:COP) last announced its earnings results 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). ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. The company had revenue of $13.86 billion during the quarter, compared to analysts’ expectations of $14.35 billion. During the same quarter last year, the business posted $1.98 earnings per share. The company’s revenue for the quarter was down 3.7% compared to the same quarter last year. As a group, research analysts anticipate that ConocoPhillips will post 8.16 EPS for the current year.

ConocoPhillips Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Wednesday, February 18th were paid a $0.84 dividend. This represents a $3.36 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Wednesday, February 18th. ConocoPhillips’s payout ratio is currently 53.00%.

ConocoPhillips News Roundup

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: ConocoPhillips was a bidder in a record Alaska National Petroleum Reserve lease sale that drew roughly $163 million in high bids, signaling renewed upstream access and long‑term resource optionality for COP in the Arctic. Record Arctic Alaska auction lures ExxonMobil, Shell, Repsol and ConocoPhillips
• Positive Sentiment: Geopolitical flare-ups (missile attacks affecting LNG facilities) have pushed crude and energy prices higher, which should boost ConocoPhillips’ revenue and cash flow in the near term given its oil exposure. Oil Prices Surge After Attacks on Energy Assets in Qatar; Energy Stocks Higher in Premarket Trading
• Positive Sentiment: Mizuho raised its price target on COP to $136, reflecting bullish analyst sentiment that can support investor confidence and buying interest. Mizuho Raises ConocoPhillips (NYSE:COP) Price Target to $136.00
• Neutral Sentiment: ConocoPhillips scheduled its first‑quarter earnings conference call for April 30; investors will watch the call for updated production, capex guidance and margin commentary that could move the stock. ConocoPhillips to hold first-quarter earnings conference call on Thursday, April 30
• Neutral Sentiment: Analysts and press note U.S. oil producers could see a near‑term windfall from higher crude (an estimate cited ~$63B), but they also warn prolonged geopolitical conflict could harm demand and operations—an ambiguous signal for investors. U.S. oil producers could get $63 billion boost from high crude prices
• Negative Sentiment: An executive stock sale: a ConocoPhillips SVP sold about $4.13 million of COP shares, which investors sometimes view as a near‑term negative signal on insider sentiment even if sales are for diversification or other reasons. ConocoPhillips (NYSE:COP) SVP Sells $4,128,960.00 in Stock

Insider Activity at ConocoPhillips

In other news, Director Timothy A. Leach sold 40,000 shares of the business’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $118.79, for a total transaction of $4,751,600.00. Following the transaction, the director directly owned 411,211 shares in the company, valued at $48,847,754.69. The trade was a 8.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Andrew D. Lundquist sold 34,500 shares of the stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $119.68, for a total transaction of $4,128,960.00. Following the transaction, the senior vice president directly owned 17,469 shares of the company’s stock, valued at $2,090,689.92. This represents a 66.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 100,176 shares of company stock worth $11,934,877 in the last 90 days. Corporate insiders own 0.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Susquehanna raised their price objective on ConocoPhillips from $115.00 to $121.00 and gave the stock a “positive” rating in a report on Friday, February 6th. UBS Group upped their target price on ConocoPhillips from $130.00 to $144.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Morgan Stanley dropped their price target on ConocoPhillips from $117.00 to $108.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. Argus lifted their price target on ConocoPhillips from $111.00 to $128.00 and gave the stock a “strong-buy” rating in a research report on Friday, February 13th. Finally, Zacks Research cut ConocoPhillips from a “hold” rating to a “strong sell” rating in a research note on Friday, February 27th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $120.38.

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.