ConocoPhillips $COP Shares Acquired by Global Retirement Partners LLC

Global Retirement Partners LLC lifted its holdings in shares of ConocoPhillips (NYSE:COP) by 107.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,460 shares of the energy producer’s stock after buying an additional 14,754 shares during the quarter. Global Retirement Partners LLC’s holdings in ConocoPhillips were worth $2,664,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in COP. Capital International Investors raised its stake in shares of ConocoPhillips by 18.2% during the 3rd quarter. Capital International Investors now owns 45,645,397 shares of the energy producer’s stock worth $4,318,239,000 after buying an additional 7,037,873 shares during the period. Primecap Management Co. CA increased its position in shares of ConocoPhillips by 31.3% during the third quarter. Primecap Management Co. CA now owns 10,351,010 shares of the energy producer’s stock worth $979,102,000 after purchasing an additional 2,467,555 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of ConocoPhillips by 20.6% during the third quarter. Ameriprise Financial Inc. now owns 12,994,674 shares of the energy producer’s stock worth $1,228,886,000 after purchasing an additional 2,216,010 shares in the last quarter. Alyeska Investment Group L.P. purchased a new stake in shares of ConocoPhillips during the third quarter worth approximately $135,265,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of ConocoPhillips by 255.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,857,206 shares of the energy producer’s stock worth $173,853,000 after purchasing an additional 1,334,687 shares in the last quarter. 82.36% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other ConocoPhillips news, SVP Kelly Brunetti Rose sold 7,700 shares of the company’s stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $130.03, for a total value of $1,001,231.00. Following the completion of the sale, the senior vice president directly owned 25,284 shares in the company, valued at $3,287,678.52. This represents a 23.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Heather G. Hrap sold 2,654 shares of the company’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $119.68, for a total value of $317,630.72. Following the completion of the transaction, the senior vice president directly owned 5,663 shares in the company, valued at approximately $677,747.84. This trade represents a 31.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 734,891 shares of company stock worth $93,345,692 over the last quarter. Corporate insiders own 0.09% of the company’s stock.

Key ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: ConocoPhillips and Glenfarne signed a 30-year natural gas supply agreement tied to Alaska LNG, a meaningful step that reduces project uncertainty and strengthens the case for long-term cash flow from the development. ConocoPhillips (COP) and Glenfarne’s Alaska LNG Sign 30-Year Natural Gas Supply Agreement
• Positive Sentiment: Morgan Stanley raised its price target on ConocoPhillips to $153 from $149 and reiterated an overweight rating, signaling continued Wall Street confidence in the company’s upside. Morgan Stanley adjusts ConocoPhillips price target to $153 from $149, maintains overweight rating
• Positive Sentiment: Goldman Sachs’ Conviction List inclusion and bullish commentary suggest COP is viewed as a resilient cash-flow name, with major projects potentially supporting results even if energy markets stay volatile. Why ConocoPhillips (COP) Is Still a Cash-Flow Bet Amid LNG Project Activity
• Neutral Sentiment: Several articles frame ConocoPhillips as undervalued, including value-screen and Zacks coverage, which may support the stock but does not by itself change fundamentals. 5 Value Stocks Trading at Attractive Price-to-Sales Ratios
• Neutral Sentiment: ConocoPhillips is also being discussed for longer-term Lower 48 production growth, with higher 2026 spending aimed at boosting output, but this is more of a long-range operating update than an immediate stock catalyst. Can ConocoPhillips Sustain Long-Term Growth in the Lower 48?
• Negative Sentiment: There were no major negative company-specific headlines in the provided set; however, recent weakness in the shares suggests investors may still be cautious despite the positive LNG and analyst news.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on COP. Argus boosted their price target on ConocoPhillips from $128.00 to $136.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. UBS Group boosted their price target on ConocoPhillips from $130.00 to $144.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Piper Sandler boosted their price target on ConocoPhillips from $154.00 to $157.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 8th. Zacks Research upgraded ConocoPhillips from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. Finally, Capital One Financial dropped their price target on ConocoPhillips from $156.00 to $154.00 and set an “equal weight” rating for the company in a research report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $133.28.

ConocoPhillips Stock Down 0.1%

Shares of NYSE:COP opened at $120.48 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.29 and a debt-to-equity ratio of 0.34. The business has a fifty day moving average of $123.68 and a two-hundred day moving average of $107.45. The stock has a market cap of $146.78 billion, a P/E ratio of 20.45, a PEG ratio of 1.39 and a beta of 0.14. ConocoPhillips has a 52-week low of $84.28 and a 52-week high of $135.87.

ConocoPhillips (NYSE:COP) last issued its earnings results on Thursday, April 30th. The energy producer reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.72 by $0.17. The company had revenue of $15.76 billion during the quarter, compared to analysts’ expectations of $15.62 billion. ConocoPhillips had a return on equity of 11.39% and a net margin of 12.10%.The firm’s quarterly revenue was down 6.1% on a year-over-year basis. During the same period in the prior year, the business earned $2.09 EPS. On average, research analysts expect that ConocoPhillips will post 9.63 earnings per share for the current year.

ConocoPhillips Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 11th will be issued a $0.84 dividend. This represents a $3.36 annualized dividend and a yield of 2.8%. The ex-dividend date is Monday, May 11th. ConocoPhillips’s dividend payout ratio is presently 57.05%.

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.