ConocoPhillips $COP Shares Bought by LGT Group Foundation

Key Points

• LGT Group Foundation raised its stake in ConocoPhillips by 6.0% to 650,591 shares (about $62.1M), and institutional investors now own roughly 82.4% of the company.
• CEO Ryan Lance sold 500,708 shares on Dec. 19 at an average $92.50 for ~$46.3M, trimming his holding by about 60.6%; insiders now own 0.24% of COP.
• Recent quarter missed estimates—EPS $1.02 vs. $1.23 expected and revenue $13.86B vs. $14.35B—while the company pays a $0.84 quarterly dividend (annualized $3.36, yield ~2.9%) and has seen analyst price‑target upgrades (e.g., UBS $144, BMO $135).

LGT Group Foundation boosted its stake in shares of ConocoPhillips (NYSE:COP - Free Report) by 6.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 650,591 shares of the energy producer's stock after buying an additional 36,617 shares during the quarter. LGT Group Foundation owned 0.05% of ConocoPhillips worth $62,105,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Howard Hughes Medical Institute acquired a new position in shares of ConocoPhillips in the 2nd quarter worth approximately $25,000. Cloud Capital Management LLC purchased a new position in shares of ConocoPhillips during the 3rd quarter worth approximately $26,000. Cedar Mountain Advisors LLC increased its holdings in ConocoPhillips by 58.0% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 316 shares of the energy producer's stock valued at $30,000 after purchasing an additional 116 shares during the last quarter. BNP Paribas purchased a new stake in ConocoPhillips in the second quarter valued at approximately $33,000. Finally, Bfsg LLC purchased a new stake in ConocoPhillips in the third quarter valued at approximately $36,000. 82.36% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Ryan Michael Lance sold 500,708 shares of ConocoPhillips stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $92.50, for a total value of $46,315,490.00. Following the completion of the transaction, the chief executive officer owned 325,972 shares in the company, valued at approximately $30,152,410. This trade represents a 60.57% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.24% of the company's stock.

Key ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: UBS raised its price target on COP to $144 with a Buy rating, giving the shares clear analyst support and a sizable upside thesis that likely helped the rally. UBS price target raise (Benzinga)
• Positive Sentiment: BMO Capital Markets reiterated/forecast strong price appreciation for COP, and a separate report notes a price‑target raise to $135 — multiple upgrades are boosting investor confidence and inflows. BMO forecast (American Banking News)
• Neutral Sentiment: Investors and outlets are reassessing COP’s valuation after the recent share gains; analysis pieces flag the stock’s strong momentum but question how much cash‑flow upside is already priced in — useful context for longer‑term holders. Assessing ConocoPhillips Valuation (Yahoo Finance)
• Neutral Sentiment: Sector commentary notes upside if oil revisits $100/bbl — that scenario would materially boost cash flow and dividends for major producers like COP, but it remains speculative while WTI trades around $80. If Oil Hits $100 (247WallSt)
• Negative Sentiment: Jim Cramer flagged an oil sell‑off as the start of a broader bull market while noting shares of large names including ConocoPhillips are sliding in that environment — short‑term sentiment swings in oil are creating volatility for COP. Jim Cramer: oil sell-off context (Benzinga)
• Negative Sentiment: Louisiana officials say a major coastal‑damage lawsuit with ConocoPhillips is close to settlement — a potential legal payout or remediation obligation is an overhang that could pressure sentiment until terms are disclosed. Louisiana lawsuit settlement near (NOLA)
• Negative Sentiment: MarketWatch notes COP underperformed peers on a recent session — relative weakness versus competitors can trigger short‑term fund flows away from the stock even as the broader sector rallies. COP underperformance vs peers (MarketWatch)

ConocoPhillips Stock Up 0.4%

ConocoPhillips stock opened at $117.25 on Monday. ConocoPhillips has a twelve month low of $79.88 and a twelve month high of $122.50. The stock's fifty day simple moving average is $104.22 and its 200-day simple moving average is $96.18. The company has a current ratio of 1.30, a quick ratio of 1.14 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $144.89 billion, a P/E ratio of 18.49, a P/E/G ratio of 2.97 and a beta of 0.27.

ConocoPhillips (NYSE:COP - Get Free Report) last released 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). 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% on a year-over-year basis. As a group, equities analysts expect that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Wednesday, February 18th were given a $0.84 dividend. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $3.36 dividend on an annualized basis and a yield of 2.9%. ConocoPhillips's dividend payout ratio (DPR) is currently 53.00%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on COP. Johnson Rice lowered ConocoPhillips from an "accumulate" rating to a "hold" rating and lowered their price target for the stock from $108.00 to $105.00 in a research report on Friday, December 5th. Capital One Financial boosted their price objective on ConocoPhillips from $111.00 to $116.00 and gave the company an "equal weight" rating in a report on Tuesday, January 20th. BMO Capital Markets increased their target price on ConocoPhillips from $115.00 to $130.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 3rd. Wolfe Research raised their target price on ConocoPhillips from $122.00 to $123.00 and gave the company an "outperform" rating in a report on Monday, January 26th. Finally, Sanford C. Bernstein dropped their target price on ConocoPhillips from $116.00 to $98.00 and set an "outperform" rating for the company in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $117.54.

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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