TBH Global Asset Management LLC Raises Position in ConocoPhillips $COP

Key Points

• TBH Global Asset Management raised its stake in ConocoPhillips by 53.0% in Q4, buying an additional 8,892 shares to hold 25,661 shares worth about $2.40 million.
• Other institutions actively repositioned too — notably AXA (+91.1% to 84,937 shares) and Sei (+6.1%) — with hedge funds and institutional investors owning about 82.36% of COP.
• Wall Street shows a Moderate Buy consensus (average target ~$131.36) and analysts expect near‑term upside, but governance pressure from ISS for an independent chair and heavy insider selling (~734,891 shares, ~$93.3M) are potential headwinds.

TBH Global Asset Management LLC increased its holdings in ConocoPhillips (NYSE:COP - Free Report) by 53.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,661 shares of the energy producer's stock after purchasing an additional 8,892 shares during the quarter. TBH Global Asset Management LLC's holdings in ConocoPhillips were worth $2,402,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in COP. AXA S.A. raised its position in ConocoPhillips by 91.1% in the 2nd quarter. AXA S.A. now owns 84,937 shares of the energy producer's stock worth $7,622,000 after purchasing an additional 40,499 shares during the period. Sei Investments Co. raised its position in ConocoPhillips by 6.1% in the 2nd quarter. Sei Investments Co. now owns 784,368 shares of the energy producer's stock worth $70,397,000 after purchasing an additional 44,852 shares during the period. BNP Paribas purchased a new position in shares of ConocoPhillips in the second quarter valued at about $33,000. Osterweis Capital Management Inc. purchased a new position in shares of ConocoPhillips in the second quarter valued at about $151,000. Finally, Main Street Financial Solutions LLC increased its position in shares of ConocoPhillips by 53.5% in the second quarter. Main Street Financial Solutions LLC now owns 4,806 shares of the energy producer's stock valued at $431,000 after acquiring an additional 1,675 shares during the period. Hedge funds and other institutional investors own 82.36% of the company's stock.

ConocoPhillips News Roundup

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

Wall Street Analysts Forecast Growth

COP has been the topic of a number of analyst reports. Roth Mkm cut shares of ConocoPhillips from a "buy" rating to a "neutral" rating and set a $112.00 price objective on the stock. in a research report on Tuesday, February 17th. Citigroup boosted their price objective on shares of ConocoPhillips from $135.00 to $150.00 and gave the company a "buy" rating in a research report on Thursday, April 2nd. Capital One Financial boosted their price objective on shares of ConocoPhillips from $116.00 to $156.00 and gave the company an "equal weight" rating in a research report on Thursday, March 26th. The Goldman Sachs Group boosted their price objective on shares of ConocoPhillips from $115.00 to $120.00 and gave the company a "buy" rating in a research report on Friday, February 6th. Finally, Wall Street Zen upgraded shares of ConocoPhillips from a "sell" rating to a "hold" rating in a research report on Saturday, March 7th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $131.36.

ConocoPhillips Price Performance

COP stock opened at $121.63 on Friday. The firm's 50-day moving average price is $121.02 and its two-hundred day moving average price is $103.31. The stock has a market capitalization of $148.25 billion, a price-to-earnings ratio of 19.18, a PEG ratio of 2.38 and a beta of 0.19. The company has a current ratio of 1.30, a quick ratio of 1.14 and a debt-to-equity ratio of 0.35. ConocoPhillips has a 12-month low of $84.28 and a 12-month high of $135.87.

ConocoPhillips (NYSE:COP - Get Free Report) last announced its earnings results on Thursday, February 5th. The energy producer reported $1.02 earnings per share for the quarter, missing analysts' consensus estimates of $1.23 by ($0.21). The company had revenue of $13.86 billion for the quarter, compared to the consensus estimate of $14.35 billion. ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. The company's revenue for the quarter was down 3.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.98 EPS. As a group, equities analysts predict that ConocoPhillips will post 7.3 earnings per share for the current year.

ConocoPhillips Dividend Announcement

The business also recently announced 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. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.8%. ConocoPhillips's payout ratio is presently 53.00%.

Insider Activity

In other news, EVP Nicholas G. Olds sold 6,994 shares of ConocoPhillips stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $127.06, for a total transaction of $888,657.64. Following the sale, the executive vice president owned 5,395 shares of the company's stock, valued at approximately $685,488.70. The trade was a 56.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Kelly Brunetti Rose sold 7,700 shares of ConocoPhillips stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $130.03, for a total transaction of $1,001,231.00. Following the sale, the senior vice president directly owned 25,284 shares in the company, valued at $3,287,678.52. The trade was a 23.34% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 734,891 shares of company stock worth $93,345,692. 0.09% of the stock is owned by company insiders.

ConocoPhillips Company 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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