Weatherly Asset Management L. P. Purchases 4,259 Shares of ConocoPhillips $COP

Weatherly Asset Management L. P. grew its holdings in ConocoPhillips (NYSE:COP) by 6.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,214 shares of the energy producer’s stock after purchasing an additional 4,259 shares during the quarter. Weatherly Asset Management L. P.’s holdings in ConocoPhillips were worth $6,479,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Capital International Investors increased its holdings in ConocoPhillips by 18.2% in the third quarter. Capital International Investors now owns 45,645,397 shares of the energy producer’s stock worth $4,318,239,000 after purchasing an additional 7,037,873 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of ConocoPhillips by 31.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 10,778,664 shares of the energy producer’s stock worth $966,267,000 after buying an additional 2,575,803 shares in the last quarter. Primecap Management Co. CA grew its position in shares of ConocoPhillips by 31.3% during the 3rd quarter. Primecap Management Co. CA now owns 10,351,010 shares of the energy producer’s stock worth $979,102,000 after buying an additional 2,467,555 shares during the period. Alyeska Investment Group L.P. bought a new stake in shares of ConocoPhillips in the 3rd quarter valued at $135,265,000. Finally, First Trust Advisors LP increased its stake in shares of ConocoPhillips by 146.6% in the 2nd quarter. First Trust Advisors LP now owns 2,315,757 shares of the energy producer’s stock valued at $207,816,000 after acquiring an additional 1,376,509 shares in the last quarter. Institutional investors own 82.36% of the company’s stock.

Wall Street Analyst Weigh In

COP has been the subject of several research reports. Susquehanna raised their target price on ConocoPhillips from $115.00 to $121.00 and gave the company a “positive” rating in a research note on Friday, February 6th. Raymond James Financial increased their price target on ConocoPhillips from $113.00 to $118.00 and gave the stock an “outperform” rating in a report on Wednesday, February 11th. Bank of America reissued an “underperform” rating and issued a $102.00 price objective on shares of ConocoPhillips in a research note on Friday, January 16th. Citigroup boosted their price objective on ConocoPhillips from $125.00 to $135.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Finally, UBS Group increased their target price on ConocoPhillips from $130.00 to $144.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. One investment 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $123.76.

Insider Transactions at ConocoPhillips

In other news, EVP Nicholas G. Olds sold 14,522 shares of the company’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $119.36, for a total value of $1,733,345.92. Following the completion of the sale, the executive vice president owned 12,389 shares of the company’s stock, valued at approximately $1,478,751.04. This represents a 53.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Ryan Michael Lance sold 506,800 shares of the business’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $127.26, for a total value of $64,495,368.00. Following the completion of the sale, the chief executive officer directly owned 6,835 shares of the company’s stock, valued at approximately $869,822.10. This trade represents a 98.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 621,670 shares of company stock valued at $78,320,133. 0.24% of the stock is currently owned by company insiders.

Key Stories Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Zacks upgraded ConocoPhillips from “strong sell” to “hold,” a change that helped lift the stock into a new one-year high earlier this week. This upgrade provided near-term bullish momentum and validates some investor conviction in COP’s fundamentals. Zacks Upgrade
• Positive Sentiment: Coverage notes and press write-ups highlighted the analyst-driven move to a one-year high, reinforcing that part of the rally was sentiment/upgrade-driven rather than only operational news. New 1-Year High After Analyst Upgrade
• Neutral Sentiment: Industry context: coverage of ExxonMobil’s asset strategy and Goldman Sachs’ bullish view on dividend-paying energy names underscores sector-level optimism, which could support long-term oil major valuations but doesn’t change COP’s near-term price drivers. ExxonMobil Asset Strategy
• Neutral Sentiment: Community/operational note: a small-business training program expanded in Permian Basin communities — positive for local engagement but unlikely to move the stock materially. Permian Basin Training Program
• Negative Sentiment: Share pullback: multiple market reports note COP shares sank amid broader market gains as investors took profits after the upgrade-driven rally. This intraday weakness reflects position trimming rather than firm-specific operational misses. COP Stock Sinks
• Negative Sentiment: Geopolitical/oil price impact: coverage (Benzinga/MSN) points to investors unwinding a “war premium” as hopes for de?escalation in Iran reduced risk-on pricing in crude (WTI), which directly pressures E&P and integrated oil names like COP. War Premium Unwinding MSN Coverage

ConocoPhillips Stock Performance

COP stock opened at $128.49 on Thursday. The firm has a market cap of $156.61 billion, a PE ratio of 20.27, a P/E/G ratio of 2.56 and a beta of 0.18. The company has a quick ratio of 1.14, a current ratio of 1.30 and a debt-to-equity ratio of 0.35. The business has a 50 day moving average of $114.62 and a 200-day moving average of $99.91. ConocoPhillips has a 12-month low of $79.88 and a 12-month high of $135.87.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings results on Thursday, February 5th. The energy producer reported $1.02 earnings per share for the quarter, missing the consensus estimate of $1.23 by ($0.21). ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. The company had revenue of $13.86 billion for the quarter, compared to the consensus estimate of $14.35 billion. During the same quarter in the previous year, the company posted $1.98 EPS. ConocoPhillips’s quarterly revenue was down 3.7% compared to the same quarter last year. As a group, sell-side analysts expect that ConocoPhillips will post 8.16 earnings per share for the current year.

ConocoPhillips Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders 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 2.6%. ConocoPhillips’s dividend payout ratio is currently 53.00%.

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.