MassMutual Private Wealth & Trust FSB Cuts Stake in ConocoPhillips $COP

MassMutual Private Wealth & Trust FSB lessened its stake in shares of ConocoPhillips (NYSE:COP) by 9.4% during the fourth quarter, HoldingsChannel reports. The firm owned 57,706 shares of the energy producer’s stock after selling 5,984 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in ConocoPhillips were worth $5,402,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Wealthspire Advisors LLC lifted its position in shares of ConocoPhillips by 24.7% during the second quarter. Wealthspire Advisors LLC now owns 9,667 shares of the energy producer’s stock worth $867,000 after purchasing an additional 1,917 shares in the last quarter. Traub Capital Management LLC acquired a new position in ConocoPhillips in the 2nd quarter worth $38,000. TD Waterhouse Canada Inc. lifted its holdings in ConocoPhillips by 3.3% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 17,719 shares of the energy producer’s stock worth $1,630,000 after buying an additional 565 shares in the last quarter. Prudential PLC purchased a new position in ConocoPhillips in the 2nd quarter valued at about $1,240,000. Finally, Willis Investment Counsel grew its stake in shares of ConocoPhillips by 13.3% during the second quarter. Willis Investment Counsel now owns 252,330 shares of the energy producer’s stock valued at $22,644,000 after acquiring an additional 29,625 shares in the last quarter. Institutional investors and hedge funds own 82.36% of the company’s stock.

ConocoPhillips Stock Performance

Shares of COP stock opened at $126.78 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.14 and a current ratio of 1.30. The stock has a market capitalization of $156.66 billion, a price-to-earnings ratio of 20.00, a PEG ratio of 3.47 and a beta of 0.27. ConocoPhillips has a one year low of $79.88 and a one year high of $128.13. The company’s 50-day simple moving average is $109.30 and its 200-day simple moving average is $97.84.

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 the consensus estimate of $1.23 by ($0.21). The firm had revenue of $13.86 billion for the quarter, compared to analyst estimates of $14.35 billion. ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. The company’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.98 EPS. Equities analysts anticipate that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Wednesday, February 18th were paid a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Wednesday, February 18th. ConocoPhillips’s dividend payout ratio is presently 53.00%.

ConocoPhillips News Roundup

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: ConocoPhillips was a bidder in a record Alaska National Petroleum Reserve lease sale that drew roughly $163 million in high bids, signaling renewed upstream access and long‑term resource optionality for COP in the Arctic. Record Arctic Alaska auction lures ExxonMobil, Shell, Repsol and ConocoPhillips
• Positive Sentiment: Geopolitical flare-ups (missile attacks affecting LNG facilities) have pushed crude and energy prices higher, which should boost ConocoPhillips’ revenue and cash flow in the near term given its oil exposure. Oil Prices Surge After Attacks on Energy Assets in Qatar; Energy Stocks Higher in Premarket Trading
• Positive Sentiment: Mizuho raised its price target on COP to $136, reflecting bullish analyst sentiment that can support investor confidence and buying interest. Mizuho Raises ConocoPhillips (NYSE:COP) Price Target to $136.00
• Neutral Sentiment: ConocoPhillips scheduled its first‑quarter earnings conference call for April 30; investors will watch the call for updated production, capex guidance and margin commentary that could move the stock. ConocoPhillips to hold first-quarter earnings conference call on Thursday, April 30
• Neutral Sentiment: Analysts and press note U.S. oil producers could see a near‑term windfall from higher crude (an estimate cited ~$63B), but they also warn prolonged geopolitical conflict could harm demand and operations—an ambiguous signal for investors. U.S. oil producers could get $63 billion boost from high crude prices
• Negative Sentiment: An executive stock sale: a ConocoPhillips SVP sold about $4.13 million of COP shares, which investors sometimes view as a near‑term negative signal on insider sentiment even if sales are for diversification or other reasons. ConocoPhillips (NYSE:COP) SVP Sells $4,128,960.00 in Stock

Insider Transactions at ConocoPhillips

In other news, Director Timothy A. Leach sold 40,000 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $118.79, for a total transaction of $4,751,600.00. Following the completion of the transaction, the director owned 411,211 shares in the company, valued at approximately $48,847,754.69. This represents a 8.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Andrew D. Lundquist sold 34,500 shares of ConocoPhillips stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $119.68, for a total transaction of $4,128,960.00. Following the completion of the sale, the senior vice president owned 17,469 shares in the company, valued at approximately $2,090,689.92. This represents a 66.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 100,176 shares of company stock valued at $11,934,877 over the last three months. 0.24% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on COP. Capital One Financial lifted their target price on ConocoPhillips from $111.00 to $116.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 20th. Morgan Stanley lowered their price objective on ConocoPhillips from $117.00 to $108.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. Weiss Ratings restated a “hold (c-)” rating on shares of ConocoPhillips in a report on Monday, December 29th. Piper Sandler upped their target price on ConocoPhillips from $111.00 to $154.00 and gave the company an “overweight” rating in a research report on Thursday, March 12th. Finally, Barclays increased their target price on ConocoPhillips from $118.00 to $128.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. One equities research 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 stock. According to data from MarketBeat.com, ConocoPhillips presently has an average rating of “Moderate Buy” and an average target price of $120.38.

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.