ConocoPhillips $COP Shares Purchased by First Trust Advisors LP

Key Points

• First Trust Advisors LP boosted its stake in ConocoPhillips by 0.7% in Q3—adding 15,972 shares to hold 2,331,729 shares worth about $220.56 million, and institutional investors own roughly 82.36% of the stock.
• ConocoPhillips missed Q results (EPS $1.02 vs. $1.23 est.; revenue $13.86B vs. $14.35B), with revenue down 3.7% year‑over‑year, and it pays a $0.84 quarterly dividend (annualized $3.36, ~2.9% yield).
• Analysts are generally positive with a consensus rating of "Moderate Buy" and a mean price target of $117.54, and several firms (Goldman Sachs, Wells Fargo, Wolfe, Mizuho) recently raised price targets.

First Trust Advisors LP boosted its holdings in ConocoPhillips (NYSE:COP - Free Report) by 0.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 2,331,729 shares of the energy producer's stock after buying an additional 15,972 shares during the period. First Trust Advisors LP owned approximately 0.19% of ConocoPhillips worth $220,558,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Howard Hughes Medical Institute purchased a new position in shares of ConocoPhillips in the 2nd quarter valued at $25,000. Cloud Capital Management LLC purchased a new stake in ConocoPhillips during the 3rd quarter worth $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 in the last quarter. BNP Paribas acquired a new stake in ConocoPhillips in the 2nd quarter valued at $33,000. Finally, Bfsg LLC purchased a new position in ConocoPhillips in the third quarter valued at about $36,000. 82.36% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have commented on the company. The Goldman Sachs Group boosted their price objective on ConocoPhillips from $115.00 to $120.00 and gave the stock a "buy" rating in a research note on Friday, February 6th. 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. Zacks Research lowered ConocoPhillips from a "hold" rating to a "strong sell" rating in a research report on Friday, February 27th. Mizuho upped their price target on ConocoPhillips from $120.00 to $121.00 and gave the stock an "outperform" rating in a report on Friday, December 12th. Finally, Wells Fargo & Company increased their price objective on shares of ConocoPhillips from $132.00 to $133.00 and gave the company an "overweight" rating in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $117.54.

ConocoPhillips Stock Up 0.4%

Shares of ConocoPhillips stock opened at $117.25 on Friday. ConocoPhillips has a 1-year low of $79.88 and a 1-year high of $122.50. The company has a market capitalization of $144.89 billion, a PE ratio of 18.49, a P/E/G ratio of 2.97 and a beta of 0.27. 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 business has a 50-day moving average of $104.22 and a 200-day moving average of $96.17.

ConocoPhillips (NYSE:COP - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The energy producer reported $1.02 EPS for the quarter, missing the consensus estimate of $1.23 by ($0.21). The business had revenue of $13.86 billion during the quarter, compared to analyst estimates of $14.35 billion. ConocoPhillips had a return on equity of 11.90% and a net margin of 12.98%.The company's revenue was down 3.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.98 EPS. As a group, equities analysts forecast that ConocoPhillips will post 8.16 EPS for the current fiscal year.

ConocoPhillips Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders 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 2.9%. The ex-dividend date of this dividend was Wednesday, February 18th. ConocoPhillips's dividend payout ratio is presently 53.00%.

Insider Activity at ConocoPhillips

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

Trending Headlines about ConocoPhillips

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 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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