ConocoPhillips (NYSE:COP) SVP Sells $1,001,231.00 in Stock

ConocoPhillips (NYSE:COP) SVP Kelly Brunetti Rose sold 7,700 shares of the firm’s stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $130.03, for a total value of $1,001,231.00. Following the transaction, the senior vice president owned 25,284 shares of the company’s stock, valued at $3,287,678.52. The trade was a 23.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Kelly Brunetti Rose also recently made the following trade(s):

• On Monday, March 9th, Kelly Brunetti Rose sold 8,500 shares of ConocoPhillips stock. The stock was sold at an average price of $118.04, for a total transaction of $1,003,340.00.

ConocoPhillips Stock Performance

Shares of COP stock opened at $133.94 on Friday. ConocoPhillips has a one year low of $79.88 and a one year high of $134.87. The company’s 50-day moving average is $112.57 and its 200 day moving average is $99.08. The company has a market capitalization of $165.51 billion, a price-to-earnings ratio of 21.13, a price-to-earnings-growth ratio of 3.06 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.

ConocoPhillips (NYSE:COP) last issued 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). The firm had revenue of $13.86 billion during the quarter, compared to analysts’ expectations of $14.35 billion. ConocoPhillips had a return on equity of 11.90% and a net margin of 12.98%.The firm’s quarterly revenue was down 3.7% on a year-over-year basis. During the same period last year, the firm posted $1.98 earnings per share. Sell-side analysts expect that ConocoPhillips will post 8.16 EPS for the current fiscal year.

ConocoPhillips Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Wednesday, February 18th were given a dividend of $0.84 per share. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $3.36 annualized dividend and a dividend yield of 2.5%. ConocoPhillips’s dividend payout ratio (DPR) is 53.00%.

Wall Street Analyst Weigh In

Several brokerages have commented on COP. Barclays increased their target price on ConocoPhillips from $118.00 to $128.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. The Goldman Sachs Group boosted their price target on ConocoPhillips from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Johnson Rice cut ConocoPhillips from an “accumulate” rating to a “hold” rating and dropped their price objective for the company from $108.00 to $105.00 in a research report on Friday, December 5th. Citigroup lifted their price objective on ConocoPhillips from $125.00 to $135.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Finally, Argus boosted their target price on ConocoPhillips from $111.00 to $128.00 and gave the stock a “strong-buy” rating in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $122.16.

Hedge Funds Weigh In On ConocoPhillips

Hedge funds and other institutional investors have recently modified their holdings of the company. Tema Etfs LLC purchased a new position in shares of ConocoPhillips in the third quarter worth approximately $1,804,000. Victory Capital Management Inc. grew its position in ConocoPhillips by 14.7% during 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 during the period. Natixis Advisors LLC increased its holdings in ConocoPhillips by 8.7% during 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 during the last quarter. D.A. Davidson & CO. raised its position in ConocoPhillips by 12.1% in the third quarter. D.A. Davidson & CO. now owns 140,829 shares of the energy producer’s stock worth $13,321,000 after acquiring an additional 15,202 shares during the period. Finally, Chilton Capital Management LLC raised its position in ConocoPhillips by 3.2% in 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 during the period. 82.36% of the stock is owned by institutional investors.

Key Headlines Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Morgan Stanley raised its price target to $149 and moved COP to “overweight,” supporting further upside from current levels. Benzinga
• Positive Sentiment: Analysts’ fair‑value updates lifted ConocoPhillips’ estimate (to ~$128.29 in one note), reflecting higher medium‑term oil price assumptions that justify stronger EPS/valuation scenarios. COP investment story shifting (Yahoo)
• Positive Sentiment: COP recently hit a 52‑week high, signaling momentum and investor appetite for large independent E&P names. 52‑week high (Investing.com)
• Positive Sentiment: Higher oil prices (Brent above ~$95) are a sector tailwind for upstream producers like ConocoPhillips, boosting cash flow sensitivity to commodity strength. Oil >$95 sector note (Yahoo)
• Neutral Sentiment: Options desks flag COP as a covered‑call candidate given elevated prices and implied volatility — indicates some investors prefer income harvesting over outright bullish exposure. Covered‑call interest (Barchart)
• Neutral Sentiment: Truist initiated coverage (new analyst attention); some houses remain cautious or have wide target ranges, so consensus expectations are mixed and valuation dispersion remains high. Truist initiation (American Banking News)
• Negative Sentiment: Significant insider selling was disclosed this week (including SVP Kelly Brunetti Rose and reports of larger executive sales); heavy insider dispositions can raise short‑term investor caution about near‑term allocation. Insider sales disclosure (InsiderTrades)
• Negative Sentiment: Geopolitical/operational risk: ConocoPhillips has sought U.S. protection around Qatari energy assets after regional strikes — evacuations and security actions add near‑term operational uncertainty for LNG and related projects. Qatar protection request (Yahoo)

About ConocoPhillips

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.