ConocoPhillips $COP Stock: Confluence Wealth Services Inc. Raises Position

Confluence Wealth Services Inc. boosted its stake in shares of ConocoPhillips (NYSE:COP) by 10.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,612 shares of the energy producer’s stock after purchasing an additional 4,017 shares during the quarter. Confluence Wealth Services Inc.’s holdings in ConocoPhillips were worth $5,208,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of COP. AMG National Trust Bank raised its holdings in ConocoPhillips by 9.3% in the third quarter. AMG National Trust Bank now owns 8,727 shares of the energy producer’s stock valued at $1,092,000 after acquiring an additional 742 shares in the last quarter. Cornerstone Wealth Management LLC grew its holdings in ConocoPhillips by 6.7% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 14,218 shares of the energy producer’s stock worth $1,779,000 after acquiring an additional 889 shares in the last quarter. 71 West Capital Partners grew its holdings in ConocoPhillips by 4.2% during the 3rd quarter. 71 West Capital Partners now owns 11,722 shares of the energy producer’s stock worth $1,467,000 after acquiring an additional 477 shares in the last quarter. Vestor Capital LLC grew its holdings in ConocoPhillips by 69.3% during the 3rd quarter. Vestor Capital LLC now owns 8,665 shares of the energy producer’s stock worth $1,084,000 after acquiring an additional 3,546 shares in the last quarter. Finally, AlphaCore Capital LLC increased its position in shares of ConocoPhillips by 53.2% in the 3rd quarter. AlphaCore Capital LLC now owns 20,120 shares of the energy producer’s stock valued at $2,518,000 after purchasing an additional 6,990 shares during the last quarter. Institutional investors and hedge funds own 82.36% of the company’s stock.

ConocoPhillips News Roundup

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: ConocoPhillips raised its quarterly dividend by 10.7%, boosting shareholder returns. The article also examines whether free cash flow can support the higher payout. Article: ConocoPhillips Just Raised Its Dividend 10.7%
• Positive Sentiment: For Q3 2026, revenue rose 29.2% year over year to $20.06 billion and adjusted earnings of $3.27 per share beat analysts’ expectations by 7.3%. Strong results may support investor confidence. Article: COP Q3 2026 deep dive
• Positive Sentiment: The company plans modestly lower 2027 capital spending while aiming to grow production through low-cost resources and efficiency improvements. If achieved, this could strengthen cash flow and reinforce capital discipline. Article: Can ConocoPhillips Sustain Future Production Growth With Lower CapEx?
• Neutral Sentiment: Truist raised its price target from $136 to $142 but kept a “hold” rating, suggesting a more favorable target without a change in its overall recommendation. Article: Truist raises ConocoPhillips price target
• Negative Sentiment: Analysts note that COP’s sizable recent rally and premium valuation could limit further upside. A Q3 review also flagged production declines, which the company’s cost and portfolio measures will need to offset. Article: ConocoPhillips Trades at a Premium

Insiders Place Their Bets

In other news, SVP Andrew Lundquist sold 9,487 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $135.15, for a total transaction of $1,282,168.05. Following the completion of the sale, the senior vice president owned 9,593 shares in the company, valued at approximately $1,296,493.95. The trade was a 49.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.09% of the company’s stock.

ConocoPhillips Price Performance

Shares of NYSE COP opened at $135.61 on Wednesday. The stock’s 50-day simple moving average is $137.06 and its 200-day simple moving average is $122.49. The firm has a market capitalization of $160.34 billion, a PE ratio of 14.27, a price-to-earnings-growth ratio of 1.24 and a beta of 0.16. ConocoPhillips has a fifty-two week low of $85.70 and a fifty-two week high of $154.28. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.37 and a current ratio of 1.52.

ConocoPhillips (NYSE:COP) last announced its quarterly earnings results on Thursday, November 5th. The energy producer reported $3.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.05 by $0.22. The firm had revenue of $19.43 billion during the quarter, compared to the consensus estimate of $18.59 billion. ConocoPhillips had a return on equity of 17.60% and a net margin of 16.55%. The firm’s quarterly revenue was up 29.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.61 earnings per share. As a group, equities research analysts forecast that ConocoPhillips will post 12.03 EPS for the current fiscal year.

ConocoPhillips Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 16th will be issued a dividend of $0.93 per share. The ex-dividend date of this dividend is Monday, November 16th. This is an increase from ConocoPhillips’s previous quarterly dividend of $0.84. This represents a $3.72 dividend on an annualized basis and a yield of 2.7%. ConocoPhillips’s dividend payout ratio is 35.29%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Seaport Research Partners assumed coverage on shares of ConocoPhillips in a report on Thursday, September 3rd. They issued a “neutral” rating on the stock. UBS Group reaffirmed an “outperform” rating on shares of ConocoPhillips in a research report on Monday, November 2nd. Truist Financial boosted their target price on shares of ConocoPhillips from $136.00 to $142.00 and gave the stock a “hold” rating in a research note on Monday. Piper Sandler started coverage on ConocoPhillips in a report on Tuesday, October 27th. They issued a “neutral” rating and a $157.00 target price on the stock. Finally, Mizuho set a $149.00 target price on ConocoPhillips in a report on Thursday, November 5th. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, ConocoPhillips presently has a consensus rating of “Moderate Buy” and a consensus target price of $145.29.

ConocoPhillips Profile

ConocoPhillips is an independent exploration and production company focused on finding, developing and producing oil and natural gas. Its products include crude oil, natural gas, liquefied natural gas and natural gas liquids. The company operates in several regions, including North America, Europe, the Middle East, North Africa and the Asia-Pacific. Its activities span exploration, development and production, with a portfolio that includes both conventional and unconventional resources. ConocoPhillips was formed in 2002 through the merger of Conoco and Phillips Petroleum.