ConocoPhillips $COP Shares Sold by AMF Tjanstepension AB

AMF Tjanstepension AB lessened its holdings in ConocoPhillips (NYSE:COP) by 47.6% during the third quarter, HoldingsChannel.com reports. The fund owned 687,878 shares of the energy producer’s stock after selling 624,104 shares during the quarter. AMF Tjanstepension AB’s holdings in ConocoPhillips were worth $65,066,000 at the end of the most recent quarter.

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

ConocoPhillips Stock Performance

Shares of NYSE COP opened at $98.34 on Friday. 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 firm’s 50-day moving average price is $93.40 and its two-hundred day moving average price is $93.01. ConocoPhillips has a 52-week low of $79.88 and a 52-week high of $106.20. The stock has a market capitalization of $121.52 billion, a P/E ratio of 13.91, a P/E/G ratio of 2.91 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 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 analysts’ expectations of $14.51 billion. ConocoPhillips had a return on equity of 13.64% and a net margin of 14.25%.The business’s quarterly revenue was up 14.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.78 EPS. As a group, sell-side analysts forecast 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. This represents a $3.36 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Monday, November 17th. ConocoPhillips’s dividend payout ratio is 47.52%.

Key ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Raymond James raised its price target to $113 and kept an “outperform” rating, signaling expected upside and reinforcing buy-side sentiment. Raymond James adjusts price target on ConocoPhillips to $113
• Positive Sentiment: Goldman Sachs lifted its target to $115 and kept a “buy” rating, adding credibility to the view that COP shares have meaningful upside vs. current levels. Goldman Sachs adjusts price target on ConocoPhillips to $115
• Positive Sentiment: Another price-target bump to $116 was reported, adding to analyst-driven momentum and providing a near-term valuation anchor for investors. ConocoPhillips (NYSE:COP) Price Target Raised to $116.00
• Positive Sentiment: Company commentary at industry events emphasized continued Permian growth — management said the Permian “will keep filling the tank,” reinforcing production-growth expectations that support revenue and cash-flow forecasts. ConocoPhillips: Permian will “keep filling the tank”
• Positive Sentiment: Executives urged greater water reuse and new power lines in the Permian — operational measures that can lower costs, expand drilling efficiency and de-risk growth, which investors view favorably. ConocoPhillips leaders see more Permian gains, urge water reuse and new power lines
• Positive Sentiment: Coverage of the 2026 State of Oil & Gas in Midland highlighted industry tailwinds and operational plans that benefit major Permian operators like COP. 2026 State of Oil and Gas hosted in Midland brings insight on new year operations
• Neutral Sentiment: A Zacks piece reviews Wall Street analysts’ recommendations on COP and notes generally optimistic broker views — helpful context but not a fresh catalyst by itself. Is ConocoPhillips (COP) a Buy as Wall Street Analysts Look Optimistic?
• Negative Sentiment: JPMorgan downgraded COP from Overweight to Neutral, which could temper upside for the stock and offset some of the bullish analyst moves. ConocoPhillips (NYSE:COP) Earns “Neutral” Rating from JPMorgan Chase & Co.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Morgan Stanley decreased their price objective on shares of ConocoPhillips from $117.00 to $108.00 and set an “overweight” rating for the company in a report on Friday. Mizuho lifted their price target on 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 lowered their price objective on ConocoPhillips from $116.00 to $98.00 and set an “outperform” rating for the company in a report on Monday, January 5th. Capital One Financial increased their target price on ConocoPhillips from $111.00 to $116.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 20th. Finally, Raymond James Financial lifted their target price on ConocoPhillips from $98.00 to $113.00 and gave the stock an “outperform” rating in a research report on Thursday. Sixteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, ConocoPhillips presently has a consensus rating of “Moderate Buy” and an average target price of $110.83.

Insiders Place Their Bets

In related news, CEO Ryan Michael Lance sold 500,708 shares of ConocoPhillips stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $92.50, for a total value of $46,315,490.00. Following the sale, the chief executive officer directly owned 325,972 shares in the company, valued at $30,152,410. This trade represents a 60.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director William H. Mcraven bought 5,768 shares of ConocoPhillips stock in a transaction on Monday, November 10th. The shares were purchased at an average cost 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 in the company, valued at $499,970.24. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.24% of the company’s stock.

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.