Lawood & Co. Purchases New Shares in ConocoPhillips $COP

Lawood & Co. purchased a new stake in shares of ConocoPhillips (NYSE:COP) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 5,730 shares of the energy producer’s stock, valued at approximately $536,000.

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

ConocoPhillips Trading Up 2.8%

NYSE COP opened at $122.36 on Friday. ConocoPhillips has a one year low of $84.28 and a one year high of $135.87. The company has a 50-day simple moving average of $123.07 and a 200-day simple moving average of $106.25. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.14 and a current ratio of 1.29. The firm has a market capitalization of $149.07 billion, a PE ratio of 20.77, a price-to-earnings-growth ratio of 1.37 and a beta of 0.14.

ConocoPhillips (NYSE:COP) last released its quarterly earnings data on Thursday, April 30th. The energy producer reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.72 by $0.17. ConocoPhillips had a return on equity of 11.39% and a net margin of 12.10%.The business had revenue of $15.76 billion during the quarter, compared to analyst estimates of $15.62 billion. During the same quarter in the previous year, the firm posted $2.09 EPS. The business’s revenue for the quarter was down 6.1% compared to the same quarter last year. On average, equities analysts forecast that ConocoPhillips will post 9.66 earnings per share for the current year.

ConocoPhillips Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 11th will be given a dividend of $0.84 per share. The ex-dividend date is Monday, May 11th. This represents a $3.36 dividend on an annualized basis and a yield of 2.7%. ConocoPhillips’s payout ratio is currently 57.05%.

ConocoPhillips News Roundup

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Argus raised its price target on ConocoPhillips to $136 from $128 and kept a Buy rating, signaling more upside potential for the shares. MarketScreener
• Positive Sentiment: Scotiabank lifted FY2026 and FY2027 earnings estimates for ConocoPhillips, reflecting improved expectations for the company’s profitability. MarketBeat report
• Positive Sentiment: Norway approved redevelopment plans for the Greater Ekofisk area, and ConocoPhillips also signed an offshore exploration memorandum of understanding in Syria, which could support future reserve and production growth. Yahoo Finance
• Positive Sentiment: Energy stocks broadly moved higher as oil prices stayed firm, which tends to improve sentiment for upstream producers like ConocoPhillips. Yahoo Finance sector update
• Neutral Sentiment: ConocoPhillips’ Q1 earnings-related coverage focused on comparing revenue, EPS, and key metrics with Wall Street estimates, with no major surprise highlighted in the summary provided. Zacks
• Neutral Sentiment: Shareholders approved board governance and auditors at the annual meeting, removing a routine governance overhang but not changing the core investment outlook. TipRanks

Wall Street Analysts Forecast Growth

COP has been the subject of several recent analyst reports. Sanford C. Bernstein raised their price objective on shares of ConocoPhillips from $98.00 to $121.00 and gave the stock an “outperform” rating in a report on Monday, April 13th. Freedom Capital lowered ConocoPhillips from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. lifted their target price on ConocoPhillips from $98.00 to $103.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. UBS Group lifted their target price on ConocoPhillips from $130.00 to $144.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Finally, Citigroup lifted their target price on ConocoPhillips from $135.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, April 2nd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $133.16.

Insider Buying and Selling at ConocoPhillips

In related news, SVP Kelly Brunetti Rose sold 8,500 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at $3,893,431.36. The trade was a 20.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Ryan Michael Lance sold 506,800 shares of the business’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $127.26, for a total transaction 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, 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.