Mcdonald Partners LLC Decreases Stock Position in ConocoPhillips $COP

Mcdonald Partners LLC trimmed its stake in shares of ConocoPhillips (NYSE:COP) by 58.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 8,490 shares of the energy producer’s stock after selling 11,702 shares during the period. Mcdonald Partners LLC’s holdings in ConocoPhillips were worth $803,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Greenfield Savings Bank grew its position in shares of ConocoPhillips by 1.2% during the third quarter. Greenfield Savings Bank now owns 9,018 shares of the energy producer’s stock worth $853,000 after buying an additional 108 shares in the last quarter. Perennial Investment Advisors LLC raised its holdings in ConocoPhillips by 2.8% in the second quarter. Perennial Investment Advisors LLC now owns 4,097 shares of the energy producer’s stock valued at $368,000 after acquiring an additional 112 shares in the last quarter. FAS Wealth Partners Inc. lifted its stake in ConocoPhillips by 0.9% in the second quarter. FAS Wealth Partners Inc. now owns 12,154 shares of the energy producer’s stock worth $1,091,000 after acquiring an additional 112 shares during the last quarter. Strategic Blueprint LLC lifted its stake in ConocoPhillips by 1.4% in the third quarter. Strategic Blueprint LLC now owns 7,917 shares of the energy producer’s stock worth $749,000 after acquiring an additional 112 shares during the last quarter. Finally, Strathmore Capital Advisors Inc. grew its holdings in ConocoPhillips by 3.5% during the 3rd quarter. Strathmore Capital Advisors Inc. now owns 3,441 shares of the energy producer’s stock worth $325,000 after acquiring an additional 116 shares in the last quarter. Institutional investors and hedge funds own 82.36% of the company’s stock.

Insider Transactions at ConocoPhillips

In other ConocoPhillips news, CEO Ryan Michael Lance sold 500,708 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $92.50, for a total transaction of $46,315,490.00. Following the completion of the sale, the chief executive officer directly owned 325,972 shares of the company’s stock, valued at $30,152,410. This represents a 60.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.24% of the stock is owned by company insiders.

ConocoPhillips Stock Performance

Shares of COP opened at $118.57 on Wednesday. The company’s 50 day simple moving average is $102.72 and its 200-day simple moving average is $95.71. The firm has a market cap of $146.52 billion, a PE ratio of 18.70, a price-to-earnings-growth ratio of 3.00 and a beta of 0.27. ConocoPhillips has a 12-month low of $79.88 and a 12-month high of $122.50. The company has a current ratio of 1.30, a quick ratio of 1.14 and a debt-to-equity ratio of 0.35.

ConocoPhillips (NYSE:COP) last issued its quarterly earnings results on Thursday, February 5th. The energy producer reported $1.02 earnings per share for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.21). The business had revenue of $13.86 billion for the quarter, compared to analyst estimates of $14.35 billion. ConocoPhillips had a return on equity of 11.90% and a net margin of 12.98%.The firm’s revenue for the quarter was down 3.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.98 EPS. As a group, equities analysts predict that ConocoPhillips will post 8.16 EPS for the current year.

ConocoPhillips Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors 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 dividend on an annualized basis and a dividend yield of 2.8%. ConocoPhillips’s dividend payout ratio (DPR) is currently 53.00%.

ConocoPhillips News Roundup

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Goldman Sachs added ConocoPhillips to its US “conviction list,” signaling institutional conviction in COP as a capital-intensive, AI-resistant beneficiary of a market rotation into energy. Article Title
• Positive Sentiment: Two banks raised price targets and kept bullish ratings (BMO: $130 outperform; Citi: $135 buy), providing explicit upside guidance that can attract buyers and support momentum. Article Title Article Title
• Positive Sentiment: Geopolitical escalation (US/Israel strikes on Iran) pushed WTI higher and sparked a sector-wide rally; ConocoPhillips is benefiting as an upstream producer with North American exposure. Article Title
• Positive Sentiment: The shares hit a 52-week high amid the rally, reinforcing momentum and drawing more investor attention. Article Title
• Positive Sentiment: Reports that ConocoPhillips is exploring selective Permian asset sales (~$2B) and expanding divestitures support a leaner portfolio and potentially higher shareholder returns or accelerated buybacks/dividends. Article Title
• Neutral Sentiment: Analyst commentary and media pieces highlight long-term upside via rising free cash flow (projects like Willow) and bullish scenario analysis — supportive but forward-looking and dependent on oil prices/stage-of-project execution. Article Title
• Negative Sentiment: Options activity commentary (sell covered calls) suggests some investors are taking profits and monetizing the rally, which can cap near-term upside and increase short-term volatility. Article Title

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on COP. BMO Capital Markets raised their price objective on shares of ConocoPhillips from $115.00 to $130.00 and gave the company an “outperform” rating in a report on Tuesday. The Goldman Sachs Group increased their target price on ConocoPhillips from $115.00 to $120.00 and gave the company a “buy” rating in a report on Friday, February 6th. Citigroup raised their price target on ConocoPhillips from $125.00 to $135.00 and gave the company a “buy” rating in a research note on Monday. Morgan Stanley lowered their price objective on ConocoPhillips from $117.00 to $108.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. Finally, Argus increased their price objective on ConocoPhillips from $111.00 to $128.00 and gave the company a “strong-buy” rating in a report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, ConocoPhillips presently has an average rating of “Moderate Buy” and an average price target of $116.96.

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.