ConocoPhillips $COP Stock Holdings Boosted by Silvia Mccoll Wealth Management LLC

Key Points

• Silvia Mccoll Wealth Management increased its ConocoPhillips position by 325.6% in the third quarter, adding 8,237 shares to hold 10,767 shares worth approximately $1.35 million.
• Institutional investors and hedge funds own 82.36% of ConocoPhillips, with State Street, BlackRock and Wellington among the largest holders to raise their positions.
• COP shares recently traded around $129.85, while the company reported quarterly earnings of $3.24 per share—beating estimates—and pays an annualized dividend of $3.36 per share. Analysts maintain a “Moderate Buy” consensus with an average price target of $143.29.

Silvia Mccoll Wealth Management LLC increased its position in ConocoPhillips (NYSE:COP - Free Report) by 325.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,767 shares of the energy producer's stock after buying an additional 8,237 shares during the quarter. Silvia Mccoll Wealth Management LLC's holdings in ConocoPhillips were worth $1,347,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. State Street Corp lifted its holdings in shares of ConocoPhillips by 73.2% during the 2nd quarter. State Street Corp now owns 118,591,447 shares of the energy producer's stock valued at $12,328,767,000 after acquiring an additional 50,116,727 shares in the last quarter. BlackRock Inc. increased its holdings in ConocoPhillips by 3.0% in the 2nd quarter. BlackRock Inc. now owns 93,886,457 shares of the energy producer's stock valued at $9,760,436,000 after purchasing an additional 2,712,703 shares in the last quarter. Wellington Management Group LLP raised its position in ConocoPhillips by 12.0% in the second quarter. Wellington Management Group LLP now owns 15,072,154 shares of the energy producer's stock valued at $1,566,901,000 after purchasing an additional 1,609,759 shares during the period. Dimensional Fund Advisors LP raised its position in ConocoPhillips by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 11,044,489 shares of the energy producer's stock valued at $1,457,978,000 after purchasing an additional 74,261 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of ConocoPhillips by 10.8% during the first quarter. Bank of New York Mellon Corp now owns 10,181,950 shares of the energy producer's stock worth $1,344,017,000 after purchasing an additional 995,392 shares in the last quarter. 82.36% of the stock is owned by institutional investors and hedge funds.

ConocoPhillips Stock Up 0.4%

COP stock traded up $0.50 during mid-day trading on Wednesday, hitting $129.85. 4,791,460 shares of the company were exchanged, compared to its average volume of 8,145,697. The firm has a fifty day simple moving average of $129.08 and a 200 day simple moving average of $121.91. The company has a market capitalization of $156.00 billion, a PE ratio of 17.18, a price-to-earnings-growth ratio of 1.35 and a beta of 0.24. ConocoPhillips has a twelve month low of $85.57 and a twelve month high of $141.62. The company has a current ratio of 1.54, a quick ratio of 1.39 and a debt-to-equity ratio of 0.35.

ConocoPhillips (NYSE:COP - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The energy producer reported $3.24 EPS for the quarter, topping the consensus estimate of $2.90 by $0.34. The business had revenue of $19.52 billion for the quarter, compared to analysts' expectations of $18.79 billion. ConocoPhillips had a net margin of 14.22% and a return on equity of 14.72%. The company's quarterly revenue was up 32.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.42 earnings per share. On average, research analysts forecast that ConocoPhillips will post 10.54 earnings per share for the current fiscal year.

ConocoPhillips Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 17th were given a dividend of $0.84 per share. This represents a $3.36 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, August 17th. ConocoPhillips's dividend payout ratio is currently 44.44%.

Insider Transactions at ConocoPhillips

In other ConocoPhillips news, SVP Andrew Lundquist sold 9,487 shares of ConocoPhillips stock in a transaction on Friday, August 21st. The shares were sold at an average price of $135.15, for a total value of $1,282,168.05. Following the completion of the transaction, the senior vice president owned 9,593 shares of the company's stock, valued at $1,296,493.95. The trade was a 49.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.09% of the stock is owned by company insiders.

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: ConocoPhillips signed a 20-year agreement to purchase 1 million tons of LNG annually from Venture Global beginning in 2030. The deal expands COP’s long-term natural-gas exposure and could strengthen future cash-flow visibility, although the benefits are several years away. ConocoPhillips Could Be 11% Undervalued Following New 20 Year LNG Deal
• Positive Sentiment: COP is reportedly reviewing the sale of its Norway business and the UK Teesside asset for approximately $7 billion. A transaction could improve capital flexibility, simplify the portfolio and potentially support shareholder returns. ConocoPhillips Reviews Norway Business and UK Teesside Asset Divestment
• Positive Sentiment: Mizuho reiterated a Buy rating and set a $146 NAV-based price target, citing near-term earnings strength and longer-term LNG-driven cash-flow potential. The target implies meaningful upside from the stock’s recent level. Mizuho Reiterates Buy on ConocoPhillips With $146 Price Target
• Positive Sentiment: ConocoPhillips’ chairman said the oil-price floor could rise toward $70 per barrel, a constructive view for upstream producers such as COP if sustained. Oil Price Floor Likely Rising to $70 per Barrel
• Neutral Sentiment: Research reports comparing COP with Cactus and Calumet focus on relative valuation and sector performance rather than announcing a new fundamental development. COP’s strong year-to-date performance may limit the immediate impact of these reports.
• Neutral Sentiment: Management said greater political stability and fair fiscal terms would be needed to attract investors back to Venezuela and Russia, highlighting potential longer-term opportunities but no immediate earnings catalyst. Stability and Fair Fiscal Terms Needed for Investors to Return

Analysts Set New Price Targets

COP has been the subject of several analyst reports. Wall Street Zen raised ConocoPhillips from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Susquehanna boosted their price target on ConocoPhillips from $155.00 to $161.00 and gave the stock a "positive" rating in a research report on Tuesday, August 11th. UBS Group upped their price target on ConocoPhillips from $153.00 to $169.00 and gave the stock a "buy" rating in a report on Monday, September 14th. Truist Financial lifted their price objective on shares of ConocoPhillips from $130.00 to $136.00 and gave the company a "hold" rating in a research note on Wednesday. Finally, Seaport Research Partners initiated coverage on shares of ConocoPhillips in a research note on Thursday, September 3rd. They issued a "neutral" rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $143.29.

About ConocoPhillips

ConocoPhillips NYSE: COP is an independent exploration and production company engaged in finding, developing and producing crude oil, natural gas, natural gas liquids and liquefied natural gas. Unlike integrated energy companies, ConocoPhillips focuses primarily on upstream activities rather than refining and retail fuel operations.

The company has a diversified portfolio of assets in major producing regions, including the United States, Canada, Australia, Norway and Qatar. Its U.S. operations include oil and gas developments in Alaska and the Lower 48 states, while its international portfolio includes conventional and offshore projects.

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