AustralianSuper Pty Ltd Trims Position in ConocoPhillips $COP

AustralianSuper Pty Ltd cut its stake in shares of ConocoPhillips (NYSE:COP) by 35.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,231 shares of the energy producer’s stock after selling 27,781 shares during the period. AustralianSuper Pty Ltd’s holdings in ConocoPhillips were worth $4,751,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Greenfield Savings Bank increased its holdings in ConocoPhillips by 1.2% during the 3rd quarter. Greenfield Savings Bank now owns 9,018 shares of the energy producer’s stock worth $853,000 after acquiring an additional 108 shares during the period. Perennial Investment Advisors LLC grew its position in shares of ConocoPhillips by 2.8% during the 2nd quarter. Perennial Investment Advisors LLC now owns 4,097 shares of the energy producer’s stock valued at $368,000 after purchasing an additional 112 shares in the last quarter. FAS Wealth Partners Inc. increased its holdings in shares of ConocoPhillips by 0.9% in the second quarter. FAS Wealth Partners Inc. now owns 12,154 shares of the energy producer’s stock worth $1,091,000 after purchasing an additional 112 shares during the period. Strategic Blueprint LLC raised its position in shares of ConocoPhillips by 1.4% in the third quarter. Strategic Blueprint LLC now owns 7,917 shares of the energy producer’s stock worth $749,000 after buying an additional 112 shares in the last quarter. Finally, Strathmore Capital Advisors Inc. boosted its stake in ConocoPhillips by 3.5% during the third quarter. Strathmore Capital Advisors Inc. now owns 3,441 shares of the energy producer’s stock valued at $325,000 after buying an additional 116 shares during the period. 82.36% of the stock is currently owned by institutional investors.

ConocoPhillips Stock Down 2.4%

Shares of NYSE COP opened at $115.72 on Thursday. The stock has a market capitalization of $143.00 billion, a P/E ratio of 18.25, a PEG ratio of 3.01 and a beta of 0.27. ConocoPhillips has a one year low of $79.88 and a one year high of $122.50. The firm’s 50 day simple moving average is $103.20 and its two-hundred day simple moving average is $95.85. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.30 and a quick ratio of 1.14.

ConocoPhillips (NYSE:COP) last announced its quarterly earnings data 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). The business had revenue of $13.86 billion during the quarter, compared to analysts’ expectations of $14.35 billion. ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. ConocoPhillips’s revenue for the quarter was down 3.7% on a year-over-year basis. During the same period last year, the company posted $1.98 EPS. As a group, analysts expect that ConocoPhillips will post 8.16 EPS for the current fiscal year.

ConocoPhillips Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Wednesday, February 18th were issued a $0.84 dividend. The ex-dividend date was Wednesday, February 18th. This represents a $3.36 annualized dividend and a dividend yield of 2.9%. ConocoPhillips’s payout ratio is currently 53.00%.

Insider Activity at ConocoPhillips

In other news, CEO Ryan Michael Lance sold 500,708 shares of the business’s 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 sale, the chief executive officer owned 325,972 shares of the company’s stock, valued at approximately $30,152,410. The trade was a 60.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.24% of the company’s stock.

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Goldman Sachs added ConocoPhillips to its U.S. conviction/HALO list, highlighting COP as a “heavy‑asset” name that may attract rotation from investors seeking capital‑intensive, low‑obsolescence businesses. This typically supports greater buy‑side interest. Read More.
• Positive Sentiment: BMO Capital Markets raised its price target on COP to $130 and kept an “outperform” rating, giving the market a higher analyst valuation that can lift sentiment and provide near‑term upside guidance. Read More.
• Positive Sentiment: Bernstein reiterated a buy on ConocoPhillips, adding another reputable shop confirming bullish views — helps sustain analyst momentum around the name. Read More.
• Positive Sentiment: Sector/geopolitical drivers (tension with Iran and Middle East supply risk) have lifted oil prices and triggered E&P rallies, which supported COP earlier this week. That macro tailwind remains a primary upside catalyst. Read More.
• Neutral Sentiment: Reports that ConocoPhillips is exploring selective Permian asset sales (potentially ~$2B) indicate portfolio streamlining; proceeds could be used for buybacks/debt reduction or re‑investment — impact depends on management’s allocation choice. Read More.
• Neutral Sentiment: Macro/sector commentary (investor pieces on oil stock opportunity) point to potential long‑term FCF upside if oil stays elevated, but they are conditional on realized prices and project execution. Read More.
• Negative Sentiment: Company fundamentals still weigh: COP missed Q4 consensus earlier (EPS and revenue miss on Feb. 5), which leaves the stock vulnerable to profit‑taking and makes it sensitive to near‑term oil price moves and execution news.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on COP shares. Susquehanna upped their target price on ConocoPhillips from $115.00 to $121.00 and gave the stock a “positive” rating in a research note on Friday, February 6th. Wall Street Zen cut shares of ConocoPhillips from a “hold” rating to a “sell” rating in a research report on Saturday, February 21st. Argus raised their target price on shares of ConocoPhillips from $111.00 to $128.00 and gave the company a “strong-buy” rating in a research note on Friday, February 13th. Wolfe Research boosted their price target on shares of ConocoPhillips from $122.00 to $123.00 and gave the stock an “outperform” rating in a research note on Monday, January 26th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of ConocoPhillips in a report on Monday, December 29th. One 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $116.96.

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.