OLD National Bancorp IN Decreases Stake in ConocoPhillips $COP

OLD National Bancorp IN trimmed its holdings in ConocoPhillips (NYSE:COP) by 7.5% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 98,560 shares of the energy producer’s stock after selling 7,982 shares during the quarter. OLD National Bancorp IN’s holdings in ConocoPhillips were worth $9,226,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of COP. Cloud Capital Management LLC purchased a new position in shares of ConocoPhillips during the third quarter valued at approximately $26,000. Strive Asset Management LLC purchased a new stake in ConocoPhillips in the third quarter worth approximately $28,000. KERR FINANCIAL PLANNING Corp bought a new stake in ConocoPhillips in the 3rd quarter worth approximately $28,000. Board of the Pension Protection Fund bought a new position in shares of ConocoPhillips during the 4th quarter valued at $28,000. Finally, Cedar Mountain Advisors LLC lifted its holdings in shares of ConocoPhillips by 58.0% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 316 shares of the energy producer’s stock valued at $30,000 after buying an additional 116 shares during the period. 82.36% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently commented on the company. The Goldman Sachs Group lifted their price objective on ConocoPhillips from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, February 6th. UBS Group increased their target price on ConocoPhillips from $130.00 to $144.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Capital One Financial raised their target price on ConocoPhillips from $116.00 to $156.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 26th. Morgan Stanley boosted their price target on ConocoPhillips from $108.00 to $149.00 and gave the company an “overweight” rating in a research note on Friday, March 27th. Finally, Wells Fargo & Company increased their price objective on shares of ConocoPhillips from $132.00 to $133.00 and gave the stock an “overweight” rating in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, ConocoPhillips has an average rating of “Moderate Buy” and an average price target of $131.36.

ConocoPhillips News Roundup

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Susquehanna sharply raised its price target to $149 and kept a “positive” rating, signaling sizable upside versus the prior target and providing a direct bullish catalyst for investors. Susquehanna adjusts PT on ConocoPhillips
• Positive Sentiment: News coverage noted COP outperformed the market in the latest session — headlines and write-ups pointing to upgrades and operational momentum likely supported the uptick in the shares. Why ConocoPhillips (COP) Outpaced the Stock Market Today
• Positive Sentiment: Analyst-focused pieces highlight COP’s strong Lower?48 (Permian) position, recent production metrics and a multi?billion dollar investment plan — reinforcing a longer?term growth narrative that supports investor confidence. Will ConocoPhillips Leverage Its Lower 48 Assets
• Neutral Sentiment: Scotiabank raised its price target to $125 but kept a “sector perform” rating, signaling a modest near?term upside view rather than a strong buy signal. This is supportive but more muted than a full upgrade. Scotiabank raises PT on ConocoPhillips
• Neutral Sentiment: Industry roundups and comparisons (e.g., top energy stocks lists and side?by?side analyses vs. peers like Enbridge) keep COP on investors’ watchlists but mostly reinforce existing views rather than produce immediate directional moves. Top 4 Energy Stocks to Watch in 2026
• Neutral Sentiment: Other sector activity (e.g., contractors relocating to Houston’s Energy Corridor) underlines broader industry concentration but has only an indirect effect on COP’s stock. Brock Group Relocates Headquarters to Houston’s Energy Corridor
• Negative Sentiment: Proxy adviser ISS recommended shareholders vote for an independent board chair, citing the need for stronger oversight — a governance flag that could create activist or proxy battle concerns and weigh on sentiment if escalated. ISS urges ConocoPhillips shareholders to vote for independent board chair

ConocoPhillips Stock Performance

NYSE COP opened at $124.35 on Thursday. The company has a quick ratio of 1.14, a current ratio of 1.30 and a debt-to-equity ratio of 0.35. ConocoPhillips has a twelve month low of $84.28 and a twelve month high of $135.87. The business has a 50-day moving average price of $120.54 and a 200-day moving average price of $102.97. The firm has a market cap of $151.57 billion, a price-to-earnings ratio of 19.58, a price-to-earnings-growth ratio of 2.30 and a beta of 0.19.

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 business had revenue of $13.86 billion for the quarter, compared to the consensus estimate of $14.35 billion. ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. The firm’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same period last year, the business posted $1.98 EPS. As a group, equities research analysts predict that ConocoPhillips will post 7.3 EPS for the current fiscal year.

ConocoPhillips Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Wednesday, February 18th were given a dividend of $0.84 per share. The ex-dividend date was Wednesday, February 18th. This represents a $3.36 annualized dividend and a dividend yield of 2.7%. ConocoPhillips’s dividend payout ratio (DPR) is presently 53.00%.

Insider Transactions at ConocoPhillips

In other ConocoPhillips news, SVP Andrew D. Lundquist sold 34,500 shares of ConocoPhillips stock in a transaction on Friday, March 13th. The shares were sold at an average price of $119.68, for a total value of $4,128,960.00. Following the sale, the senior vice president directly owned 17,469 shares in the company, valued at approximately $2,090,689.92. The trade was a 66.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Ryan Michael Lance sold 506,800 shares of the business’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $127.26, for a total transaction of $64,495,368.00. Following the completion of the sale, the chief executive officer owned 6,835 shares in the company, valued at approximately $869,822.10. The trade was a 98.67% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 734,891 shares of company stock valued at $93,345,692. 0.09% of the stock is owned by corporate insiders.

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.