Fisher Asset Management LLC Purchases 260,091 Shares of ConocoPhillips $COP

Fisher Asset Management LLC grew its position in ConocoPhillips (NYSE:COP) by 1.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,653,966 shares of the energy producer’s stock after purchasing an additional 260,091 shares during the quarter. Fisher Asset Management LLC owned approximately 1.17% of ConocoPhillips worth $1,386,119,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Howard Hughes Medical Institute bought a new position in shares of ConocoPhillips in the 2nd quarter worth about $25,000. Cloud Capital Management LLC acquired a new position in shares of ConocoPhillips during the 3rd quarter valued at $26,000. Cedar Mountain Advisors LLC boosted its position in shares of ConocoPhillips by 58.0% during the third quarter. Cedar Mountain Advisors LLC now owns 316 shares of the energy producer’s stock valued at $30,000 after buying an additional 116 shares during the last quarter. BNP Paribas bought a new stake in ConocoPhillips during the second quarter worth $33,000. Finally, Bfsg LLC bought a new position in ConocoPhillips during the 3rd quarter valued at $36,000. Institutional investors and hedge funds own 82.36% of the company’s stock.

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: UBS raised its price target to $130 (from $120) and reiterated a Buy rating, citing progress on the Willow project and longer‑term growth potential — a bullish analyst signal that supports higher valuations. ConocoPhillips (COP) Stock Gains UBS Confidence as Willow Project Advances
• Positive Sentiment: Crude oil rallied (Brent above $70) on renewed U.S.–Iran tensions, which tends to lift E&P producers’ revenue and cash flow potential — a direct tailwind for COP. Oil Price Tops $70 Amid Trump, Iran Fears. Where It Goes From Here.
• Neutral Sentiment: Media pieces note that brokerage consensus remains favorable (average brokerage recommendation supportive), which can sustain demand but also reflects already priced‑in optimism. Brokers Suggest Investing in ConocoPhillips (COP): Read This Before Placing a Bet
• Neutral Sentiment: Zacks and other outlets flag COP as a highly searched/monitored stock — increased attention can boost liquidity and volatility but doesn’t guarantee direction. ConocoPhillips (COP) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Bloomberg reported ConocoPhillips is exploring sales of some Permian assets — could be value‑unlocking but may reduce growth/production exposure; impact depends on deal size and use of proceeds. ConocoPhillips Looks to Sell Assets in the Permian Basin
• Negative Sentiment: COP’s most recent quarter missed expectations (EPS and revenue down year‑over‑year), highlighting near‑term earnings pressure that can cap multiple expansion until margins recover.
• Negative Sentiment: Analyst commentary notes COP has underperformed the S&P 500 over the past year, which keeps some investors cautious on growth prospects versus alternatives. Is ConocoPhillips Stock Underperforming the S&P 500?

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. The Goldman Sachs Group upped their target price on shares of ConocoPhillips from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. BMO Capital Markets boosted their price target on shares of ConocoPhillips from $105.00 to $115.00 and gave the stock an “outperform” rating in a report on Friday, February 6th. Raymond James Financial upped their price objective on shares of ConocoPhillips from $113.00 to $118.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 11th. Mizuho lifted their target price on shares of ConocoPhillips from $120.00 to $121.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Finally, Piper Sandler boosted their target price on ConocoPhillips from $108.00 to $111.00 and gave the stock an “overweight” rating in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, ConocoPhillips currently has a consensus rating of “Moderate Buy” and an average target price of $115.92.

Insider Activity at ConocoPhillips

In related news, CEO Ryan Michael Lance sold 500,708 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $92.50, for a total value of $46,315,490.00. Following the transaction, the chief executive officer directly owned 325,972 shares in the company, valued at approximately $30,152,410. This represents a 60.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.24% of the company’s stock.

ConocoPhillips Stock Performance

Shares of COP stock opened at $113.32 on Monday. 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 has a market cap of $140.03 billion, a price-to-earnings ratio of 17.87, a P/E/G ratio of 2.88 and a beta of 0.27. ConocoPhillips has a 52 week low of $79.88 and a 52 week high of $113.80. The firm’s 50-day simple moving average is $101.70 and its two-hundred day simple moving average is $95.38.

ConocoPhillips (NYSE:COP) last issued its quarterly earnings results 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). ConocoPhillips had a return on equity of 11.90% and a net margin of 12.98%.The company had revenue of $13.86 billion for the quarter, compared to analysts’ expectations of $14.35 billion. During the same quarter in the previous year, the business earned $1.98 EPS. The company’s revenue for the quarter was down 3.7% on a year-over-year basis. As a group, equities analysts forecast that ConocoPhillips will post 8.16 earnings per share for the current year.

ConocoPhillips Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Wednesday, February 18th will be given a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Wednesday, February 18th. ConocoPhillips’s dividend payout ratio (DPR) is 53.00%.

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.