Assetmark Inc. Buys 61,361 Shares of ConocoPhillips $COP

Key Points

• Assetmark Inc. raised its ConocoPhillips holding by 17.6%, purchasing 61,361 shares to hold 410,229 shares worth about $38.4 million per its latest 13F filing.
• ConocoPhillips missed Q4 estimates (EPS $1.02 vs. $1.23; revenue $13.86B vs. $14.35B), pays a $0.84 quarterly dividend (annualized $3.36, ~2.8% yield), and has a consensus analyst rating of Moderate Buy with an average price target of $129.24.
• Insiders have been net sellers recently—CEO sold 113,221 shares and insiders disposed of 734,891 shares (~$93.3M) in the past 90 days—while institutional ownership remains high at 82.36%.

Assetmark Inc. raised its holdings in ConocoPhillips (NYSE:COP - Free Report) by 17.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 410,229 shares of the energy producer's stock after purchasing an additional 61,361 shares during the quarter. Assetmark Inc.'s holdings in ConocoPhillips were worth $38,402,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of COP. Tema Etfs LLC bought a new stake in shares of ConocoPhillips during the third quarter worth $1,804,000. Victory Capital Management Inc. grew its stake in shares of ConocoPhillips by 14.7% during the third quarter. Victory Capital Management Inc. now owns 2,331,176 shares of the energy producer's stock worth $220,506,000 after purchasing an additional 298,245 shares during the period. Natixis Advisors LLC increased its holdings 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 purchasing an additional 160,410 shares during the last quarter. D.A. Davidson & CO. increased its holdings 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 purchasing an additional 15,202 shares during the last quarter. Finally, Chilton Capital Management LLC increased its holdings 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 purchasing an additional 11,958 shares during the last quarter. Institutional investors own 82.36% of the company's stock.

ConocoPhillips Stock Performance

COP opened at $118.80 on Wednesday. The business has a fifty day simple moving average of $119.18 and a 200 day simple moving average of $101.99. The company has a market capitalization of $144.80 billion, a PE ratio of 18.74, a price-to-earnings-growth ratio of 2.39 and a beta of 0.19. ConocoPhillips has a 1 year low of $84.28 and a 1 year high of $135.87. 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 - Get Free Report) last announced its earnings results on Thursday, February 5th. The energy producer reported $1.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.23 by ($0.21). The business 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%. The company's revenue was down 3.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.98 EPS. Research analysts expect that ConocoPhillips will post 8.16 EPS for the current year.

ConocoPhillips Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Wednesday, February 18th were given a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Wednesday, February 18th. ConocoPhillips's payout ratio is presently 53.00%.

Wall Street Analyst Weigh In

A number of research firms recently commented on COP. Mizuho upped their price objective on ConocoPhillips from $121.00 to $136.00 and gave the company an "outperform" rating in a report on Tuesday, March 17th. Sanford C. Bernstein upped their price objective on ConocoPhillips from $98.00 to $121.00 and gave the stock an "outperform" rating in a research report on Monday. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of ConocoPhillips in a research report on Monday, December 29th. Scotiabank raised ConocoPhillips to a "hold" rating in a research report on Friday, March 27th. Finally, Argus upped their price objective on ConocoPhillips from $111.00 to $128.00 and gave the stock a "strong-buy" rating in a research report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $129.24.

Insider Buying and Selling

In other news, EVP Nicholas G. Olds sold 6,994 shares of the business's stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $127.06, for a total value of $888,657.64. Following the completion of the sale, the executive vice president owned 5,395 shares of the company's stock, valued at approximately $685,488.70. The trade was a 56.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Ryan Michael Lance sold 113,221 shares of the business's stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $132.71, for a total transaction of $15,025,558.91. Following the completion of the sale, the chief executive officer directly owned 350,000 shares of the company's stock, valued at approximately $46,448,500. The trade was a 24.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 734,891 shares of company stock valued at $93,345,692 in the last 90 days. 0.09% of the stock is currently owned by corporate insiders.

Key Stories Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Jefferies raised its price target substantially to $160 citing higher expected Q1 volumes and maintained a buy view — a clear near-term bullish signal for upside potential. Jefferies Raises PT on ConocoPhillips
• Positive Sentiment: Zacks highlights that higher oil prices plus ConocoPhillips’ cost discipline and production growth improve the 2026 outlook, supporting earnings and free cash flow. High Oil Prices & Cost Discipline Boost COP Outlook
• Positive Sentiment: Momentum watchers put COP on a Zacks Rank #1 (Strong Buy) list today, which could attract short-term momentum/inflow from quant and momentum strategies. Best Momentum Stocks to Buy for April 14th
• Neutral Sentiment: ConocoPhillips has sent a team to Venezuela to evaluate oil & gas opportunities — a potential long‑term growth avenue but uncertain and diplomatically sensitive. COP Team to Venezuela
• Neutral Sentiment: Sanford C. Bernstein raised its target to $121 and kept an outperform rating — an endorsement that’s less aggressive than Jefferies’ call and reflects mixed analyst views. Bernstein Raises PT
• Neutral Sentiment: Large-bank lists and sector screens (Goldman Sachs, others) continue to include oil names like COP in oil‑supply‑sensitivity trade ideas — supportive for investor attention but not an immediate directional catalyst. Goldman Sachs Oil Picks
• Negative Sentiment: Coverage questioning ConocoPhillips’ dividend durability versus Chevron is raising investor concern about payout sustainability for a pure‑play E&P amid commodity swings — this can pressure income‑focused holders. Chevron vs ConocoPhillips Dividend Comparison
• Negative Sentiment: Zacks flagged that COP fell while the broader market ticked up today, signifying relative weakness and likely short‑term profit taking or sector rotation out of oil names. COP Stock Falls Amid Market Uptick
• Negative Sentiment: Geopolitical moves (Strait of Hormuz blockade headlines and related oil-price swings) are driving volatility; while higher oil can help fundamentals, the associated market risk and trading flows can push COP shares lower in the near term. Oil Surges on Hormuz Blockade

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.

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