Comerica Bank Has $45.52 Million Holdings in ConocoPhillips $COP

Key Points

• Comerica Bank trimmed its stake in ConocoPhillips by 2.7%, holding 486,224 shares worth about $45.52 million after selling 13,665 shares in Q4.
• Significant insider selling has occurred recently—SVP Kelly Brunetti Rose and EVP Nicholas G. Olds sold sizable positions (8,500 and 14,522 shares respectively), and insiders have offloaded 734,891 shares worth about $93.35 million over the past 90 days.
• Wall Street’s view is cautiously positive with a consensus rating of “Moderate Buy” and an average price target of $131.36, even as ConocoPhillips missed Q4 estimates (EPS $1.02 vs. $1.23; revenue $13.86B vs. $14.35B).

Comerica Bank cut its stake in ConocoPhillips (NYSE:COP - Free Report) by 2.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 486,224 shares of the energy producer's stock after selling 13,665 shares during the period. Comerica Bank's holdings in ConocoPhillips were worth $45,515,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Anchyra Partners LLC acquired a new position in ConocoPhillips in the 4th quarter worth $357,000. Nippon Life Global Investors Americas Inc. boosted its stake in ConocoPhillips by 3.0% in the 4th quarter. Nippon Life Global Investors Americas Inc. now owns 42,110 shares of the energy producer's stock worth $3,942,000 after purchasing an additional 1,240 shares during the period. Aprio Wealth Management LLC boosted its stake in ConocoPhillips by 70.3% in the 4th quarter. Aprio Wealth Management LLC now owns 15,201 shares of the energy producer's stock worth $1,423,000 after purchasing an additional 6,277 shares during the period. D.A. Davidson & CO. boosted its stake in ConocoPhillips by 10.5% in the 4th quarter. D.A. Davidson & CO. now owns 155,662 shares of the energy producer's stock worth $14,572,000 after purchasing an additional 14,833 shares during the period. Finally, Camelot Portfolios LLC acquired a new position in ConocoPhillips in the 4th quarter worth $36,000. 82.36% of the stock is owned by institutional investors and hedge funds.

Insider Activity at ConocoPhillips

In other news, SVP Kelly Brunetti Rose sold 8,500 shares of the stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $118.04, for a total transaction of $1,003,340.00. Following the completion of the transaction, the senior vice president directly owned 32,984 shares in the company, valued at $3,893,431.36. This represents a 20.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Nicholas G. Olds sold 14,522 shares of the 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 transaction, the executive vice president owned 12,389 shares of the company's stock, valued at approximately $1,478,751.04. This represents a 53.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 734,891 shares of company stock worth $93,345,692. Corporate insiders own 0.09% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on COP shares. JPMorgan Chase & Co. upped their target price on shares of ConocoPhillips from $98.00 to $103.00 and gave the stock a "neutral" rating in a research note on Friday, February 6th. The Goldman Sachs Group upped their target price on shares of ConocoPhillips from $115.00 to $120.00 and gave the stock a "buy" rating in a research note on Friday, February 6th. Citigroup upped their target price on shares of ConocoPhillips from $135.00 to $150.00 and gave the stock a "buy" rating in a research note on Thursday, April 2nd. Wall Street Zen raised shares of ConocoPhillips from a "sell" rating to a "hold" rating in a research note on Saturday, March 7th. Finally, Argus upped their target price on shares of ConocoPhillips from $111.00 to $128.00 and gave the stock a "strong-buy" rating in a research note on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, ConocoPhillips has an average rating of "Moderate Buy" and a consensus price target of $131.36.

Key Headlines Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Multiple previews expect COP to beat Q1 estimates, citing the company’s positioning to benefit from current commodity prices and operational momentum; this fuels near-term upside expectations. ConocoPhillips (COP) Expected to Beat Earnings Estimates
• Positive Sentiment: Susquehanna issued a bullish price-appreciation forecast for COP, which can support investor demand and positive momentum. Susquehanna Forecasts Strong Price Appreciation for ConocoPhillips
• Positive Sentiment: Relative-strength coverage compares COP favorably to Occidental (OXY) — noting higher ROE, lower debt and a stronger yield profile — reinforcing COP’s appeal versus a key peer. Occidental vs. ConocoPhillips: Which Energy Stock Has More Upside?
• Neutral Sentiment: Energy-sector commentary highlights strong 2026 performance as higher oil prices boost earnings prospects, a tailwind for COP but one that carries volatility risk. Energy stocks are trouncing the rest of the stock market in 2026
• Neutral Sentiment: Coverage of booming renewables and shifting energy mix flags a longer-term demand transition that could temper oil-sector valuations over time; immediate impact on COP is ambiguous. Renewable Energy Is Booming Again. The Iran War Has Scrambled Markets.
• Neutral Sentiment: An industry piece on Expand Energy warns rising costs may pressure margins for producers; this highlights an input-cost risk that could be relevant for COP’s upcoming quarter. Expand Energy to Report Q1 Earnings: What's in the Offing?
• Negative Sentiment: ISS recommends ConocoPhillips shareholders vote for an independent board chair — a governance stance that can signal activist pressure or investor dissatisfaction and may weigh on sentiment until resolved. ISS says ConocoPhillips shareholders should vote for independent board chair

ConocoPhillips Trading Down 0.1%

ConocoPhillips stock opened at $121.63 on Monday. The firm has a 50-day moving average of $121.02 and a 200-day moving average of $103.43. ConocoPhillips has a one year low of $84.28 and a one 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. The company has a market cap of $148.25 billion, a price-to-earnings ratio of 19.18, a P/E/G ratio of 2.33 and a beta of 0.19.

ConocoPhillips (NYSE:COP - Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The energy producer reported $1.02 EPS for the quarter, missing analysts' consensus estimates of $1.23 by ($0.21). ConocoPhillips had a return on equity of 11.90% and a net margin of 12.98%.The business had revenue of $13.86 billion for the quarter, compared to analyst estimates of $14.35 billion. During the same quarter in the prior year, the company earned $1.98 earnings per share. The company's quarterly revenue was down 3.7% on a year-over-year basis. On average, equities analysts expect that ConocoPhillips will post 7.3 earnings per share 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 paid a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Wednesday, February 18th. ConocoPhillips's dividend payout ratio is currently 53.00%.

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.

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