Joel Isaacson & Co. LLC Makes New $583,000 Investment in ConocoPhillips $COP

Joel Isaacson & Co. LLC acquired a new stake in shares of ConocoPhillips (NYSE:COP) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 6,167 shares of the energy producer’s stock, valued at approximately $583,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Howard Hughes Medical Institute purchased a new position in ConocoPhillips during the 2nd quarter valued at about $25,000. Bogart Wealth LLC grew its holdings in ConocoPhillips by 136.8% in the second quarter. Bogart Wealth LLC now owns 315 shares of the energy producer’s stock worth $28,000 after purchasing an additional 182 shares during the period. Activest Wealth Management increased its stake in shares of ConocoPhillips by 249.5% during the second quarter. Activest Wealth Management now owns 325 shares of the energy producer’s stock valued at $29,000 after purchasing an additional 232 shares in the last quarter. Cedar Mountain Advisors LLC lifted its holdings in shares of ConocoPhillips by 58.0% during the third quarter. Cedar Mountain Advisors LLC now owns 316 shares of the energy producer’s stock valued at $30,000 after purchasing an additional 116 shares during the last quarter. Finally, BNP Paribas bought a new stake in shares of ConocoPhillips in the 2nd quarter worth approximately $33,000. 82.36% of the stock is owned by hedge funds and other institutional investors.

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Capital One raised its price target on COP to $116 (from $111) while keeping an “equal weight” rating — the higher target implies meaningful upside vs. the current share level and likely supported buying interest. Capital One Adjusts Price Target on ConocoPhillips to $116
• Positive Sentiment: Western Midstream announced new commercial deals involving Occidental and ConocoPhillips — agreements that can improve takeaway capacity and logistics for production, a modest operational positive for COP. Western Midstream Secures New Deals with Occidental, ConocoPhillips
• Neutral Sentiment: Coverage on Alaska’s energy activity highlights longer?term production upside in the region near Iñupiaq communities; relevant for longer?term reserves/exposure but not an immediate catalyst. Alaska’s oil renaissance has arrived at the doorstep of an Iñupiaq village
• Neutral Sentiment: Analyst commentary and deeper research pieces (e.g., Seeking Alpha) discuss COP’s capital efficiency and dividend story versus oversupply risks — useful context for fundamentals but mixed in directional impact. ConocoPhillips: Oversupply Risks Meet Capital Efficiency And Secure Growth/Dividend Story
• Negative Sentiment: JPMorgan downgraded COP from “Overweight” to “Neutral” (Arun Jayaram) — a notable analyst downgrade that can pressure sentiment and limit near?term buying from institutions tracking analyst ratings. ConocoPhillips (COP) Downgraded at JPMorgan
• Negative Sentiment: Coverage flagged legal and security risks tied to a potential Conoco return to Venezuela, including a reported $12 billion dispute and incidents cited in media — a material geopolitical/legal overhang if exposures escalate. Kidnapping and $12 Billion Battle Hang Over Conoco Return to Venezuela
• Negative Sentiment: Short?term weakness showed up in market coverage (Zacks noted a larger intraday dip vs. the broader market), reflecting volatility after the mix of news and analyst moves. ConocoPhillips (COP) Sees a More Significant Dip Than Broader Market

Insiders Place Their Bets

In related news, CEO Ryan Michael Lance sold 500,708 shares of ConocoPhillips stock in a transaction on Friday, December 19th. The stock was sold at an average price of $92.50, for a total value of $46,315,490.00. Following the completion of the sale, the chief executive officer owned 325,972 shares of the company’s stock, valued at $30,152,410. The trade was a 60.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director William H. Mcraven bought 5,768 shares of the stock in a transaction on Monday, November 10th. The stock was purchased at an average cost of $86.68 per share, for a total transaction of $499,970.24. Following the acquisition, the director owned 5,768 shares of the company’s stock, valued at $499,970.24. This trade represents a ? increase in their position. The SEC filing for this purchase provides additional information. 0.24% of the stock is currently owned by insiders.

ConocoPhillips Price Performance

Shares of NYSE:COP opened at $97.13 on Thursday. ConocoPhillips has a fifty-two week low of $79.88 and a fifty-two week high of $106.20. The business has a 50-day simple moving average of $93.11 and a two-hundred day simple moving average of $92.97. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.18 and a current ratio of 1.32. The firm has a market cap of $120.03 billion, a price-to-earnings ratio of 13.74, a price-to-earnings-growth ratio of 2.82 and a beta of 0.32.

ConocoPhillips (NYSE:COP) last announced its quarterly earnings results on Thursday, November 6th. The energy producer reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.20. ConocoPhillips had a net margin of 14.25% and a return on equity of 13.64%. The firm had revenue of $15.03 billion for the quarter, compared to the consensus estimate of $14.51 billion. During the same quarter last year, the firm posted $1.78 EPS. The business’s quarterly revenue was up 14.1% compared to the same quarter last year. On average, analysts expect that ConocoPhillips will post 8.16 earnings per share for the current year.

ConocoPhillips Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were given a $0.84 dividend. This is a boost from ConocoPhillips’s previous quarterly dividend of $0.78. The ex-dividend date of this dividend was Monday, November 17th. This represents a $3.36 dividend on an annualized basis and a yield of 3.5%. ConocoPhillips’s payout ratio is presently 47.52%.

Analysts Set New Price Targets

A number of brokerages have issued reports on COP. Bank of America reiterated an “underperform” rating and set a $102.00 price objective on shares of ConocoPhillips in a research note on Friday, January 16th. Piper Sandler reduced their price target on ConocoPhillips from $115.00 to $109.00 and set an “overweight” rating for the company in a report on Thursday, January 8th. Mizuho upped their price target on shares of ConocoPhillips from $120.00 to $121.00 and gave the stock an “outperform” rating in a research note on Friday, December 12th. Sanford C. Bernstein reduced their price objective on shares of ConocoPhillips from $116.00 to $98.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Finally, Capital One Financial upped their target price on shares of ConocoPhillips from $111.00 to $116.00 and gave the stock an “equal weight” rating in a research note on Tuesday. Sixteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $110.78.

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.