ConocoPhillips $COP Holdings Boosted by Aquatic Capital Management LLC

Aquatic Capital Management LLC raised its stake in ConocoPhillips (NYSE:COP) by 105.1% in the third quarter, HoldingsChannel.com reports. The fund owned 173,104 shares of the energy producer’s stock after buying an additional 88,722 shares during the quarter. Aquatic Capital Management LLC’s holdings in ConocoPhillips were worth $16,374,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Greenfield Savings Bank lifted its holdings in shares of ConocoPhillips by 1.2% in the 3rd quarter. Greenfield Savings Bank now owns 9,018 shares of the energy producer’s stock worth $853,000 after purchasing an additional 108 shares during the last quarter. Perennial Investment Advisors LLC boosted its position in ConocoPhillips by 2.8% during the 2nd quarter. Perennial Investment Advisors LLC now owns 4,097 shares of the energy producer’s stock valued at $368,000 after purchasing an additional 112 shares during the period. FAS Wealth Partners Inc. grew its stake in ConocoPhillips by 0.9% during the 2nd quarter. FAS Wealth Partners Inc. now owns 12,154 shares of the energy producer’s stock worth $1,091,000 after buying an additional 112 shares during the last quarter. Strategic Blueprint LLC increased its position 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 buying an additional 112 shares during the period. Finally, Strathmore Capital Advisors Inc. increased its position in ConocoPhillips by 3.5% in the third quarter. Strathmore Capital Advisors Inc. now owns 3,441 shares of the energy producer’s stock worth $325,000 after buying an additional 116 shares during the period. 82.36% of the stock is owned by institutional investors.

Insider Buying and Selling at ConocoPhillips

In other news, SVP Kelly Brunetti Rose sold 8,500 shares of ConocoPhillips stock in a transaction 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 transaction, the senior vice president directly owned 32,984 shares in the company, valued at approximately $3,893,431.36. This trade represents a 20.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Timothy A. Leach sold 40,000 shares of the business’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $118.79, for a total value of $4,751,600.00. Following the completion of the sale, the director directly owned 411,211 shares in the company, valued at $48,847,754.69. This represents a 8.87% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 549,208 shares of company stock valued at $52,070,430. 0.24% of the stock is owned by corporate insiders.

ConocoPhillips Stock Up 1.5%

COP stock opened at $122.00 on Friday. The firm’s 50-day moving average is $106.62 and its two-hundred day moving average is $96.94. The company has a market capitalization of $150.76 billion, a price-to-earnings ratio of 19.24, a price-to-earnings-growth ratio of 3.10 and a beta of 0.27. ConocoPhillips has a 52 week low of $79.88 and a 52 week 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 posted its quarterly earnings data 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 net margin of 12.98% and a return on equity of 11.90%. The company had revenue of $13.86 billion during the quarter, compared to the consensus estimate of $14.35 billion. During the same quarter last year, the business earned $1.98 earnings per share. The company’s revenue was down 3.7% on a year-over-year basis. On average, analysts forecast that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Wednesday, February 18th were paid a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Wednesday, February 18th. ConocoPhillips’s dividend payout ratio (DPR) is presently 53.00%.

Key ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Higher crude and geopolitical risk are drawing investor attention to major producers, lifting the sector and COP in particular. Oil Price Back to the Glory Days
• Positive Sentiment: Piper Sandler raised its price target on COP to $154 and set an “overweight” rating, implying significant upside from current levels — a formal analyst endorsement that can support buyer interest. Piper Sandler PT Raise
• Positive Sentiment: TheStreet highlights that while oil-price swings move the stock, the bigger long-term catalyst may be ConocoPhillips’ internal execution — cash returns, portfolio optimization and disciplined capex — which investors view as durable value drivers. Oil’s whiplash is powering ConocoPhillips
• Neutral Sentiment: Broader commentary notes a sector rotation into energy as crude recovers; this macro interest helps COP but increases reliance on commodity moves rather than idiosyncratic stock drivers. Energy is no longer dead money
• Negative Sentiment: An insider sale — a ConocoPhillips director sold roughly $4.75M of stock — is being reported and can be viewed as a near-term caution for some investors. Insider Selling
• Negative Sentiment: Recent quarterly results missed estimates (EPS and revenue), reminding investors that higher oil prices need to translate into consistent operational and earnings improvement to sustain multiple expansion.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on COP shares. UBS Group boosted their price target on shares of ConocoPhillips from $130.00 to $144.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Wells Fargo & Company increased their price objective on shares of ConocoPhillips from $132.00 to $133.00 and gave the stock an “overweight” rating in a report on Friday, February 6th. Wall Street Zen raised shares of ConocoPhillips from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Mizuho upped 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, Argus raised their price target on shares of ConocoPhillips from $111.00 to $128.00 and gave the company a “strong-buy” rating in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, ConocoPhillips presently has a consensus rating of “Moderate Buy” and a consensus target price of $119.33.

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.