CX Institutional Buys 12,753 Shares of ConocoPhillips $COP

Key Points

• CX Institutional increased its stake in ConocoPhillips by 15.2%, buying 12,753 shares to hold 96,386 shares valued at about $9.02 million at quarter end.
• Wall Street sentiment is broadly positive with several upgrades and raised targets; MarketBeat shows a consensus rating of "Moderate Buy" and a consensus target price of $133.04.
• Operationally, ConocoPhillips posted a Q1 EPS beat but saw year‑over‑year revenue and production declines and trimmed near‑term production guidance, while announcing a quarterly dividend of $0.84 (annualized yield ~2.7%).

CX Institutional boosted its stake in ConocoPhillips (NYSE:COP - Free Report) by 15.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,386 shares of the energy producer's stock after acquiring an additional 12,753 shares during the period. CX Institutional's holdings in ConocoPhillips were worth $9,023,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in shares of ConocoPhillips by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 120,251,183 shares of the energy producer's stock worth $11,256,713,000 after buying an additional 408,304 shares in the last quarter. Capital International Investors boosted its holdings in shares of ConocoPhillips by 18.2% during the 3rd quarter. Capital International Investors now owns 45,645,397 shares of the energy producer's stock worth $4,318,239,000 after buying an additional 7,037,873 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in shares of ConocoPhillips by 1.8% during the 3rd quarter. Fisher Asset Management LLC now owns 14,653,966 shares of the energy producer's stock worth $1,386,119,000 after buying an additional 260,091 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of ConocoPhillips by 20.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 12,994,674 shares of the energy producer's stock worth $1,228,886,000 after buying an additional 2,216,010 shares in the last quarter. Finally, Primecap Management Co. CA boosted its holdings in shares of ConocoPhillips by 31.3% during the 3rd quarter. Primecap Management Co. CA now owns 10,351,010 shares of the energy producer's stock worth $979,102,000 after buying an additional 2,467,555 shares in the last quarter. 82.36% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

COP has been the topic of a number of research analyst reports. Bank of America restated an "underperform" rating and set a $102.00 price target on shares of ConocoPhillips in a report on Friday, January 16th. UBS Group increased their price target on ConocoPhillips from $130.00 to $144.00 and gave the stock a "buy" rating in a report on Thursday, March 5th. Wolfe Research increased their price target on ConocoPhillips from $138.00 to $144.00 and gave the stock an "outperform" rating in a report on Monday, April 6th. Zacks Research upgraded ConocoPhillips from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 28th. Finally, The Goldman Sachs Group increased their price target on ConocoPhillips from $115.00 to $120.00 and gave the stock a "buy" rating in a report on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $133.04.

Trending Headlines about ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Q1 results beat estimates on EPS and showed disciplined cost control and strong cash generation, supporting near‑term profitability. ConocoPhillips Q1 EPS beats estimates; shares fall on Qatar output cut
• Positive Sentiment: Higher crude prices from Mideast tensions are boosting margins and expected free cash flow, increasing capacity for buybacks/dividends. Higher Oil Prices Are Boosting This Oil Stock's Profits. Here's How It's Using That Windfall.
• Positive Sentiment: Management outlined a $12.0–$12.5B 2026 capex range and reiterated multiyear free‑cash‑flow targets (on track for ~$7B FCF inflection by 2029), which supports long‑term shareholder returns. ConocoPhillips outlines $12B-$12.5B 2026 capex range...
• Neutral Sentiment: Zacks upgraded COP to strong‑buy and broader analyst commentary may influence flows, but upgrades are offset by the company’s trimmed production view. Is It Worth Investing in ConocoPhillips (COP) Based on Wall Street's Bullish Views?
• Negative Sentiment: Management excluded Qatar from Q2 guidance and trimmed full‑year production targets amid the Middle East conflict, a direct hit to near‑term volume expectations. ConocoPhillips Q1 2026 earnings fall 21% to $2.2bn
• Negative Sentiment: YoY production and revenues declined (revenue down ~6%), and management warned of wider supply disruption risks — factors pressuring the stock despite the beat. ConocoPhillips posts lower first-quarter profit
• Negative Sentiment: Geopolitical escalation (Iran/Stait of Hormuz concerns) has pushed oil higher but raises operational and guidance uncertainty; market reaction shows shares falling on the guidance cut despite higher commodity prices. Oil Set for Weekly Gain as Trump Says Iran Blockade Will Persist

Insiders Place Their Bets

In related news, EVP Nicholas G. Olds sold 6,994 shares of the stock in a transaction on Monday, March 23rd. The stock was 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 directly owned 5,395 shares of the company's stock, valued at approximately $685,488.70. This represents a 56.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Heather G. Hrap sold 2,654 shares of the stock in a transaction on Friday, March 13th. The shares were sold at an average price of $119.68, for a total value of $317,630.72. Following the completion of the sale, the senior vice president directly owned 5,663 shares of the company's stock, valued at $677,747.84. The trade was a 31.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 734,891 shares of company stock worth $93,345,692 in the last three months. 0.09% of the stock is owned by corporate insiders.

ConocoPhillips Price Performance

Shares of NYSE:COP opened at $123.19 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.29 and a debt-to-equity ratio of 0.34. ConocoPhillips has a twelve month low of $84.28 and a twelve month high of $135.87. The stock's 50 day moving average is $122.17 and its 200-day moving average is $104.33. The firm has a market capitalization of $150.15 billion, a price-to-earnings ratio of 20.91, a PEG ratio of 1.74 and a beta of 0.14.

ConocoPhillips (NYSE:COP - Get Free Report) last issued its earnings results on Thursday, April 30th. The energy producer reported $1.89 earnings per share for the quarter, topping analysts' consensus estimates of $1.68 by $0.21. ConocoPhillips had a return on equity of 11.39% and a net margin of 12.10%.The company had revenue of $15.76 billion for the quarter, compared to analyst estimates of $15.62 billion. During the same period in the prior year, the firm earned $2.09 earnings per share. ConocoPhillips's revenue for the quarter was down 6.1% on a year-over-year basis. Sell-side analysts forecast that ConocoPhillips will post 9.47 EPS for the current fiscal year.

ConocoPhillips Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 11th will be given a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Monday, May 11th. ConocoPhillips's dividend payout ratio is presently 57.05%.

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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