Severin Investments LLC acquired a new position in shares of ConocoPhillips (NYSE:COP – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 5,006 shares of the energy producer’s stock, valued at approximately $473,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Tema Etfs LLC bought a new stake in ConocoPhillips during the 3rd quarter worth approximately $1,804,000. Victory Capital Management Inc. lifted its stake in ConocoPhillips by 14.7% in the third quarter. Victory Capital Management Inc. now owns 2,331,176 shares of the energy producer’s stock valued at $220,506,000 after buying an additional 298,245 shares in the last quarter. Natixis Advisors LLC lifted its stake in ConocoPhillips by 8.7% in the third quarter. Natixis Advisors LLC now owns 1,996,426 shares of the energy producer’s stock valued at $188,842,000 after buying an additional 160,410 shares in the last quarter. D.A. Davidson & CO. boosted its holdings in shares of ConocoPhillips by 12.1% in the third quarter. D.A. Davidson & CO. now owns 140,829 shares of the energy producer’s stock valued at $13,321,000 after buying an additional 15,202 shares during the period. Finally, Chilton Capital Management LLC increased its position in shares of ConocoPhillips by 3.2% during the third quarter. Chilton Capital Management LLC now owns 389,995 shares of the energy producer’s stock worth $36,890,000 after acquiring an additional 11,958 shares in the last quarter. 82.36% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at ConocoPhillips
In other news, CEO Ryan Michael Lance sold 500,708 shares of the stock in a transaction dated 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 of the company’s stock, valued at $30,152,410. This represents a 60.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Andrew D. Lundquist sold 34,500 shares of the firm’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $119.68, for a total transaction of $4,128,960.00. Following the sale, the senior vice president owned 17,469 shares of the company’s stock, valued at approximately $2,090,689.92. This represents a 66.39% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 600,884 shares of company stock valued at $58,250,367. Corporate insiders own 0.24% of the company’s stock.
Key Stories Impacting ConocoPhillips
- Positive Sentiment: ConocoPhillips’ Australian unit issued a buyout notice to acquire 3D Energi’s participating interest in the VIC/P79 permit (Otway Basin). Consolidating the stake removes a non‑performing partner, preserves project timing and gives COP more operational control over a 2,575 km² shallow‑water acreage position — a near‑term positive for asset optionality. 3D Energi says ConocoPhillips’ Australian unit seeks buy to acquire its stake in Otway Basin ConocoPhillips issues buyout notice for 3D Energi’s VIC/P79 stake
- Positive Sentiment: Multiple brokerages raised targets on COP (examples: Barclays to $128, Mizuho to $136 and other firms boosting 2026 oil assumptions). Upgrades increase buy-side conviction and provide near‑term technical buyer support. Barclays Increases ConocoPhillips Price Target to $128.00 Mizuho raises price target coverage (coverage summary)
- Positive Sentiment: Higher oil-price expectations and Strait of Hormuz/tanker security concerns have pushed crude prices higher; that macro move benefits COP’s cash flow, margins and capital‑return capacity. Analyst notes cite stronger long‑term oil assumptions as a catalyst. Oil jumps as doubts linger over protection for Strait of Hormuz shipping
- Positive Sentiment: Minor institutional inflow: Advisory Services Network LLC modestly boosted its COP stake, a small vote of confidence from active managers. Advisory Services Network LLC Grows Stock Holdings in ConocoPhillips
- Neutral Sentiment: Press coverage notes ConocoPhillips is seeking to remove/replace a partner in the Australian exploration permit via default procedures — largely procedural but could mean small near‑term transaction costs depending on valuation outcomes. ConocoPhillips looks to remove partner in Australian exploration project
- Negative Sentiment: Insider selling: SVP Heather Hrap disclosed a sale of 2,654 shares. While single filings don’t prove negative fundamentals, clustered insider sales this week (other senior officers also sold) can heighten short‑term selling pressure or investor concern about timing. ConocoPhillips SVP Heather Hrap Sells Shares
ConocoPhillips Stock Performance
Shares of COP opened at $123.70 on Thursday. ConocoPhillips has a one year low of $79.88 and a one year high of $124.87. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.30 and a quick ratio of 1.14. The company has a market cap of $152.85 billion, a PE ratio of 19.51, a price-to-earnings-growth ratio of 3.38 and a beta of 0.27. The firm has a 50-day moving average of $108.17 and a 200-day moving average of $97.45.
ConocoPhillips (NYSE:COP – Get Free Report) last released 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 business had revenue of $13.86 billion during the quarter, compared to the consensus estimate of $14.35 billion. During the same quarter in the prior year, the company earned $1.98 EPS. ConocoPhillips’s quarterly revenue 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 business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Wednesday, February 18th were given a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Wednesday, February 18th. ConocoPhillips’s payout ratio is 53.00%.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on COP shares. Wells Fargo & Company raised 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. Piper Sandler increased their target price on ConocoPhillips from $111.00 to $154.00 and gave the stock an “overweight” rating in a report on Thursday, March 12th. UBS Group lifted their price target on ConocoPhillips from $130.00 to $144.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Barclays boosted their price target on ConocoPhillips from $118.00 to $128.00 and gave the company an “overweight” rating in a report on Monday. Finally, Zacks Research cut ConocoPhillips from a “hold” rating to a “strong sell” rating in a research report on Friday, February 27th. One 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’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $120.38.
Get Our Latest Research Report on COP
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.
Further Reading
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