Piper Sandler Issues Positive Forecast for ConocoPhillips (NYSE:COP) Stock Price

ConocoPhillips (NYSE:COP) had its price target raised by Piper Sandler from $154.00 to $157.00 in a research note published on Wednesday, Marketbeat reports. Piper Sandler currently has an overweight rating on the energy producer’s stock.

Several other equities research analysts have also weighed in on the company. BMO Capital Markets lifted their price objective on ConocoPhillips from $130.00 to $140.00 and gave the stock an “outperform” rating in a report on Tuesday. Scotiabank raised ConocoPhillips to a “hold” rating in a report on Friday, March 27th. Truist Financial initiated coverage on ConocoPhillips in a report on Tuesday, March 24th. They set a “hold” rating and a $124.00 target price for the company. Mizuho lifted their target price on ConocoPhillips from $121.00 to $136.00 and gave the company an “outperform” rating in a report on Tuesday, March 17th. Finally, Morgan Stanley lifted their target price on ConocoPhillips from $108.00 to $149.00 and gave the company an “overweight” rating in a report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $127.08.

ConocoPhillips Trading Down 5.0%

Shares of COP opened at $125.19 on Wednesday. The business has a 50-day moving average of $117.70 and a 200 day moving average of $101.19. ConocoPhillips has a fifty-two week low of $79.88 and a fifty-two week high of $135.87. The firm has a market cap of $152.58 billion, a P/E ratio of 19.75, a price-to-earnings-growth ratio of 2.53 and a beta of 0.19. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.14 and a current ratio of 1.30.

ConocoPhillips (NYSE:COP) last announced its quarterly earnings data on Thursday, February 5th. The energy producer reported $1.02 earnings per share for the quarter, missing the consensus estimate of $1.23 by ($0.21). ConocoPhillips had a return on equity of 11.90% and a net margin of 12.98%.The firm had revenue of $13.86 billion during the quarter, compared to analysts’ expectations of $14.35 billion. During the same period last year, the business posted $1.98 EPS. The company’s revenue was down 3.7% compared to the same quarter last year. As a group, research analysts forecast that ConocoPhillips will post 8.16 EPS for the current year.

ConocoPhillips Dividend Announcement

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

Insider Activity at ConocoPhillips

In other news, SVP Kelly Brunetti Rose sold 8,500 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $118.04, for a total transaction of $1,003,340.00. Following the completion of the transaction, the senior vice president owned 32,984 shares of the company’s stock, valued at approximately $3,893,431.36. The trade was a 20.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ryan Michael Lance sold 506,800 shares of the business’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $127.26, for a total value of $64,495,368.00. Following the transaction, the chief executive officer directly owned 6,835 shares of the company’s stock, valued at $869,822.10. The trade was a 98.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 734,891 shares of company stock valued at $93,345,692 in the last ninety days. Insiders own 0.24% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of COP. Cary Street Partners Financial LLC grew its holdings in shares of ConocoPhillips by 1.7% during the second quarter. Cary Street Partners Financial LLC now owns 10,526 shares of the energy producer’s stock worth $945,000 after purchasing an additional 178 shares in the last quarter. Daiwa Securities Group Inc. grew its holdings in shares of ConocoPhillips by 12.6% during the second quarter. Daiwa Securities Group Inc. now owns 244,541 shares of the energy producer’s stock worth $21,945,000 after purchasing an additional 27,415 shares in the last quarter. Lombard Odier Asset Management USA Corp bought a new stake in ConocoPhillips in the 2nd quarter worth approximately $336,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna bought a new stake in ConocoPhillips in the 2nd quarter worth approximately $58,000. Finally, AXA S.A. lifted 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 buying an additional 40,499 shares during the last quarter. Hedge funds and other institutional investors own 82.36% of the company’s stock.

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Multiple brokerages raised price targets (RBC to $152, Piper Sandler to $157, BMO to $140), keeping Outperform/Overweight views that imply meaningful upside and provide analyst-driven support. RBC Raises Price Target
• Positive Sentiment: Additional price-target lift and analyst bullishness from Piper Sandler and BMO reinforce upside expectations and institutional interest. Piper Sandler Raises Price Target
• Positive Sentiment: Wolfe Research published a bullish forecast for strong price appreciation, adding to the analyst tailwind supporting COP. Wolfe Research Forecast
• Neutral Sentiment: COP has seen a large YTD rally (~40% YTD in recent coverage); some pieces discuss valuation and whether gains are priced in — useful context but not an immediate catalyst. Zacks: After a 41% Rally
• Neutral Sentiment: Valuation checks and sector analysis note strong recent momentum and higher analyst estimates for energy earnings — supports medium-term thesis but doesn’t prevent near-term oil-driven swings. Yahoo Finance Valuation Check
• Negative Sentiment: Immediate selloff tied to crude falling below $100 after reports of a U.S.–Iran ceasefire; lower oil removes the near-term earnings tailwind for COP and led to premarket plunges. TipRanks: Crude Drops Below $100
• Negative Sentiment: Multiple outlets flagged sector losses and COP among the biggest decliners as oil-driven risk-off erased billions in market value for major U.S. producers. Blockonomi: Stocks Plunge on Ceasefire
• Negative Sentiment: Market reports and briefs (Zacks, Investopedia, MarketWatch) note COP sliding even as broader markets rally — underscores oil-price sensitivity and that headline geopolitical developments can trigger sharp short-term moves. Zacks: COP Stock Falls

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.