ConocoPhillips (NYSE:COP) Price Target Raised to $105.00

ConocoPhillips (NYSE:COP) had its price target hoisted by Roth Mkm from $100.00 to $105.00 in a research report sent to investors on Friday,MarketScreener reports. The brokerage currently has a buy rating on the energy producer’s stock.

COP has been the subject of a number of other research reports. Barclays cut their price target on ConocoPhillips from $122.00 to $118.00 and set an “overweight” rating for the company in a research note on Tuesday, October 7th. Weiss Ratings reiterated a “hold (c-)” rating on shares of ConocoPhillips in a research report on Monday, December 29th. Piper Sandler lowered their price target on ConocoPhillips from $115.00 to $109.00 and set an “overweight” rating on the stock in a report on Thursday, January 8th. Morgan Stanley dropped their price target on ConocoPhillips from $117.00 to $108.00 and set an “overweight” rating for the company in a research note on Friday. Finally, The Goldman Sachs Group increased their price objective on shares of ConocoPhillips from $108.00 to $115.00 and gave the company a “buy” rating in a report on Thursday. Sixteen equities 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 data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $110.83.

ConocoPhillips Price Performance

Shares of NYSE:COP opened at $98.34 on Friday. The company 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 has a 1-year low of $79.88 and a 1-year high of $106.20. The firm’s 50 day simple moving average is $93.40 and its two-hundred day simple moving average is $93.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.32 and a quick ratio of 1.18.

ConocoPhillips (NYSE:COP) last announced its quarterly earnings data 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. ConocoPhillips had a net margin of 14.25% and a return on equity of 13.64%. The firm had revenue of $15.03 billion during the quarter, compared to analysts’ expectations of $14.51 billion. During the same period in the prior year, the company posted $1.78 earnings per share. The company’s revenue for the quarter was up 14.1% compared to the same quarter last year. Research analysts expect that ConocoPhillips will post 8.16 EPS for the current fiscal year.

ConocoPhillips Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Investors 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 was Monday, November 17th. ConocoPhillips’s dividend payout ratio (DPR) is presently 47.52%.

Insiders Place Their Bets

In other ConocoPhillips news, Director William H. Mcraven acquired 5,768 shares of the stock in a transaction on Monday, November 10th. The stock was acquired at an average price of $86.68 per share, for a total transaction of $499,970.24. Following the completion of the transaction, the director directly owned 5,768 shares of the company’s stock, valued at $499,970.24. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Ryan Michael Lance sold 500,708 shares of the business’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $92.50, for a total transaction of $46,315,490.00. Following the completion of the sale, the chief executive officer owned 325,972 shares in the company, valued at approximately $30,152,410. This trade represents a 60.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.24% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On ConocoPhillips

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bingham Private Wealth LLC bought a new position in shares of ConocoPhillips during the 4th quarter valued at approximately $287,000. Farther Finance Advisors LLC lifted its position in ConocoPhillips by 96.8% in the fourth quarter. Farther Finance Advisors LLC now owns 70,231 shares of the energy producer’s stock worth $6,574,000 after buying an additional 34,551 shares during the last quarter. LOM Asset Management Ltd boosted its stake in ConocoPhillips by 4.2% during the fourth quarter. LOM Asset Management Ltd now owns 5,313 shares of the energy producer’s stock worth $497,000 after buying an additional 215 shares during the period. Optima Capital LLC bought a new position in ConocoPhillips during the fourth quarter valued at $34,000. Finally, Assetmark Inc. raised its stake in shares of ConocoPhillips by 17.6% in the fourth quarter. Assetmark Inc. now owns 410,229 shares of the energy producer’s stock valued at $38,402,000 after acquiring an additional 61,361 shares during the period. 82.36% of the stock is currently owned by hedge funds and other institutional investors.

More 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.

ConocoPhillips Company 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.