ConocoPhillips $COP Shares Sold by US Bancorp DE

US Bancorp DE cut its holdings in shares of ConocoPhillips (NYSE:COP) by 7.2% in the 4th quarter, Holdings Channel reports. The firm owned 700,222 shares of the energy producer’s stock after selling 54,088 shares during the period. US Bancorp DE’s holdings in ConocoPhillips were worth $65,548,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

Several brokerages have issued reports on COP. BMO Capital Markets boosted their target price on shares of ConocoPhillips from $130.00 to $140.00 and gave the company an “outperform” rating in a research note on Tuesday, April 7th. Raymond James Financial boosted their target price on shares of ConocoPhillips from $118.00 to $145.00 and gave the company an “outperform” rating in a research note on Monday. Citigroup boosted their target price on shares of ConocoPhillips from $135.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, April 2nd. Morgan Stanley boosted their target price on shares of ConocoPhillips from $108.00 to $149.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, Zacks Research raised shares of ConocoPhillips from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $132.44.

ConocoPhillips Stock Down 1.7%

ConocoPhillips stock opened at $126.10 on Friday. The firm has a market cap of $153.69 billion, a PE ratio of 19.89, a P/E/G ratio of 1.81 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. The firm’s 50 day moving average price is $122.17 and its two-hundred day moving average price is $104.22. ConocoPhillips has a twelve month low of $84.28 and a twelve month high of $135.87.

ConocoPhillips (NYSE:COP) last released its quarterly earnings data on Thursday, April 30th. The energy producer reported $1.89 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.21. The firm had revenue of $15.76 billion for the quarter, compared to analyst estimates of $15.62 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 6.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.09 EPS. On average, research analysts predict that ConocoPhillips will post 9.46 EPS for the current fiscal year.

ConocoPhillips Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 11th will be paid a $0.84 dividend. This represents a $3.36 annualized dividend and a yield of 2.7%. The ex-dividend date is Monday, May 11th. ConocoPhillips’s dividend payout ratio is currently 53.00%.

More ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Q1 results beat expectations: COP reported $1.89 adj. EPS and revenue above Street estimates, driven by cost control and stronger per‑unit margins — a reason some investors see the business as resilient. ConocoPhillips Q1 EPS beats estimates; shares fall on Qatar output cut
• Positive Sentiment: Dividend and shareholder returns: Management declared a $0.84 quarterly dividend (yield ~2.7%) and reiterated cash‑return priorities, which supports income‑oriented and total‑return investors. ConocoPhillips announces first-quarter 2026 results and quarterly dividend
• Positive Sentiment: Analyst support: Morgan Stanley raised its price target to $149 (overweight) and Zacks upgraded COP to strong‑buy — analyst upgrades can bolster confidence and provide buying interest. Morgan Stanley adjusts ConocoPhillips price target to $149 from $108; maintains overweight
• Neutral Sentiment: Management commentary on geopolitics and supply: Executives warned of potential “critical shortages” of oil ahead and discussed Middle East impacts on the global market — this is directional for oil prices but uncertain in timing and magnitude. ConocoPhillips Sees ‘Critical Shortages’ of Oil on Horizon
• Neutral Sentiment: Earnings call details: Management highlighted Willow project progress and reiterated capital discipline; investors will watch execution updates and capital‑allocation cadence on future calls. ConocoPhillips (COP) Q1 2026 Earnings Transcript
• Negative Sentiment: Production guidance trimmed / Qatar volumes excluded: Management cut full‑year production targets (now ~2.3–2.33 mm bpd) and removed Qatar output from guidance because of regional disruptions — the guidance setback is the primary reason the stock sold off today. ConocoPhillips reports profits drop as production outlook trimmed
• Negative Sentiment: Market reaction to geopolitical risk: Several outlets note shares fell despite the beat because investors focused on the Qatar pullout and lower near‑term volumes — heightened volatility and higher trading volume accompanied the decline. ConocoPhillips Q1 EPS beats estimates; shares fall on Qatar output cut

Insider Transactions at ConocoPhillips

In other ConocoPhillips news, SVP Kelly Brunetti Rose sold 8,500 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $118.04, for a total value of $1,003,340.00. Following the transaction, the senior vice president owned 32,984 shares in the company, valued at approximately $3,893,431.36. This represents a 20.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Nicholas G. Olds sold 14,522 shares of the company’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $119.36, for a total transaction of $1,733,345.92. Following the completion of the transaction, the executive vice president owned 12,389 shares in the company, valued at approximately $1,478,751.04. This represents a 53.96% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, 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.