Waldron Private Wealth LLC Sells 14,000 Shares of ConocoPhillips $COP

Waldron Private Wealth LLC lowered its stake in ConocoPhillips (NYSE:COP) by 68.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,432 shares of the energy producer’s stock after selling 14,000 shares during the period. Waldron Private Wealth LLC’s holdings in ConocoPhillips were worth $608,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in COP. Navalign LLC lifted its stake in shares of ConocoPhillips by 1.1% in the 2nd quarter. Navalign LLC now owns 9,918 shares of the energy producer’s stock valued at $890,000 after purchasing an additional 108 shares during the last quarter. Greenfield Savings Bank raised its holdings in ConocoPhillips by 1.2% during the 3rd quarter. Greenfield Savings Bank now owns 9,018 shares of the energy producer’s stock valued at $853,000 after buying an additional 108 shares during the period. Tritonpoint Wealth LLC lifted its position in ConocoPhillips by 1.3% in the second quarter. Tritonpoint Wealth LLC now owns 8,329 shares of the energy producer’s stock worth $747,000 after buying an additional 110 shares during the last quarter. Iowa State Bank lifted its position in ConocoPhillips by 0.5% in the second quarter. Iowa State Bank now owns 22,193 shares of the energy producer’s stock worth $1,992,000 after buying an additional 110 shares during the last quarter. Finally, Perennial Investment Advisors LLC boosted its stake in ConocoPhillips by 2.8% during the second quarter. Perennial Investment Advisors LLC now owns 4,097 shares of the energy producer’s stock worth $368,000 after buying an additional 112 shares during the period. 82.36% of the stock is owned by institutional investors.

Insider Activity

In other ConocoPhillips news, Director William H. Mcraven acquired 5,768 shares of ConocoPhillips stock in a transaction that occurred on Monday, November 10th. The stock was bought at an average price of $86.68 per share, with a total value of $499,970.24. Following the completion of the purchase, the director directly owned 5,768 shares of the company’s stock, valued at approximately $499,970.24. This represents a ? increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ryan Michael Lance sold 500,708 shares of the company’s 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 sale, the chief executive officer owned 325,972 shares of the company’s stock, valued at approximately $30,152,410. This represents a 60.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.24% of the company’s stock.

Trending Headlines about ConocoPhillips

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

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $98.00 target price on shares of ConocoPhillips in a research note on Tuesday. Evercore ISI cut their price target on shares of ConocoPhillips from $115.00 to $111.00 and set an “outperform” rating on the stock in a report on Monday, October 6th. Morgan Stanley reduced their price objective on shares of ConocoPhillips from $122.00 to $117.00 and set an “overweight” rating on the stock in a research report on Thursday, November 20th. Wells Fargo & Company started coverage on shares of ConocoPhillips in a research note on Friday, October 17th. They issued an “equal weight” rating and a $100.00 price objective for the company. Finally, Barclays cut their target price on ConocoPhillips from $122.00 to $118.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 7th. Sixteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $110.78.

ConocoPhillips Trading Up 1.7%

COP opened at $97.13 on Thursday. The company has a quick ratio of 1.18, a current ratio of 1.32 and a debt-to-equity ratio of 0.35. The stock’s fifty day moving average is $93.11 and its two-hundred day moving average is $92.97. The company has a market capitalization of $120.03 billion, a P/E ratio of 13.74, a PEG ratio of 2.82 and a beta of 0.32. ConocoPhillips has a 52 week low of $79.88 and a 52 week high of $106.20.

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

ConocoPhillips Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were given a dividend of $0.84 per share. This is a positive change 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 47.52%.

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.