Holocene Advisors LP Boosts Stock Holdings in ConocoPhillips $COP

Holocene Advisors LP lifted its position in shares of ConocoPhillips (NYSE:COP) by 2.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,854,684 shares of the energy producer’s stock after purchasing an additional 47,323 shares during the period. Holocene Advisors LP’s holdings in ConocoPhillips were worth $175,435,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the company. Gotham Asset Management LLC increased its position in shares of ConocoPhillips by 208.1% during the 3rd quarter. Gotham Asset Management LLC now owns 78,285 shares of the energy producer’s stock valued at $7,405,000 after purchasing an additional 52,878 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in ConocoPhillips in the third quarter valued at approximately $354,000. Focus Partners Wealth increased its position in ConocoPhillips by 3.4% in the third quarter. Focus Partners Wealth now owns 120,356 shares of the energy producer’s stock worth $11,376,000 after buying an additional 3,948 shares during the last quarter. Elevation Point Wealth Partners LLC grew its stake in shares of ConocoPhillips by 16.0% during the 3rd quarter. Elevation Point Wealth Partners LLC now owns 19,584 shares of the energy producer’s stock worth $1,852,000 after acquiring an additional 2,696 shares during the period. Finally, EagleClaw Capital Managment LLC raised its stake in ConocoPhillips by 1.3% in the 3rd quarter. EagleClaw Capital Managment LLC now owns 24,690 shares of the energy producer’s stock valued at $2,335,000 after acquiring an additional 321 shares during the period. Institutional investors own 82.36% of the company’s stock.

Key Stories Impacting ConocoPhillips

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.

Insider Buying and Selling at ConocoPhillips

In other ConocoPhillips 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 completion of the transaction, the senior vice president owned 32,984 shares in the company, valued at approximately $3,893,431.36. The trade was a 20.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Timothy A. Leach sold 40,000 shares of the stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $118.79, for a total transaction of $4,751,600.00. Following the sale, the director directly owned 411,211 shares in the company, valued at $48,847,754.69. This trade represents a 8.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 549,208 shares of company stock valued at $52,070,430. 0.24% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. The Goldman Sachs Group boosted their target price on shares of ConocoPhillips from $115.00 to $120.00 and gave the company a “buy” rating in a report on Friday, February 6th. Bank of America reissued an “underperform” rating and issued a $102.00 price target on shares of ConocoPhillips in a report on Friday, January 16th. UBS Group upped their target price on ConocoPhillips from $130.00 to $144.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. JPMorgan Chase & Co. raised their target price on shares of ConocoPhillips from $98.00 to $103.00 and gave the company a “neutral” rating in a research note on Friday, February 6th. Finally, Wells Fargo & Company lifted 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. One 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 assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $119.33.

ConocoPhillips Stock Up 1.5%

Shares of ConocoPhillips stock opened at $122.00 on Monday. The stock has a market capitalization of $150.76 billion, a price-to-earnings ratio of 19.24, a P/E/G ratio of 2.89 and a beta of 0.27. 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 company’s 50 day moving average price is $106.62 and its 200-day moving average price is $96.93. ConocoPhillips has a 52-week low of $79.88 and a 52-week high of $122.50.

ConocoPhillips (NYSE:COP) last posted its 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 business had revenue of $13.86 billion during the quarter, compared to the consensus estimate of $14.35 billion. During the same period in the previous year, the business earned $1.98 earnings per share. The firm’s revenue for the quarter was down 3.7% compared to the same quarter last year. Equities research analysts forecast that ConocoPhillips will post 8.16 EPS for the current year.

ConocoPhillips Dividend Announcement

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

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.