ConocoPhillips (NYSE:COP) Price Target Raised to $103.00

ConocoPhillips (NYSE:COP) had its target price boosted by JPMorgan Chase & Co. from $98.00 to $103.00 in a report issued on Friday,MarketScreener reports. They currently have a neutral rating on the energy producer’s stock.

Several other equities analysts have also recently issued reports on the company. Capital One Financial upped their price objective on ConocoPhillips from $111.00 to $116.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 20th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of ConocoPhillips in a research report on Monday, December 29th. Johnson Rice downgraded ConocoPhillips from an “accumulate” rating to a “hold” rating and reduced their price objective for the stock from $108.00 to $105.00 in a report on Friday, December 5th. Wells Fargo & Company upped their target price on shares of ConocoPhillips from $132.00 to $133.00 and gave the company an “overweight” rating in a research note on Friday. Finally, Bank of America reaffirmed an “underperform” rating and set a $102.00 price target on shares of ConocoPhillips in a report on Friday, January 16th. Seventeen research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $114.35.

ConocoPhillips Stock Up 2.6%

NYSE:COP opened at $107.69 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.14 and a current ratio of 1.30. The firm has a market cap of $133.07 billion, a P/E ratio of 16.99 and a beta of 0.32. ConocoPhillips has a fifty-two week low of $79.88 and a fifty-two week high of $108.43. The firm has a 50-day simple moving average of $96.50 and a two-hundred day simple moving average of $93.71.

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). ConocoPhillips had a return on equity of 11.90% and a net margin of 12.98%.The firm had revenue of $13.86 billion during the quarter, compared to the consensus estimate of $14.35 billion. During the same quarter in the prior year, the company posted $1.98 EPS. The company’s quarterly revenue was down 3.7% on a year-over-year basis. Analysts predict that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Wednesday, February 18th will be issued a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Wednesday, February 18th. ConocoPhillips’s dividend payout ratio (DPR) is currently 47.52%.

Insider Transactions at ConocoPhillips

In other ConocoPhillips news, 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 of the company’s stock, valued at approximately $30,152,410. The trade was a 60.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.24% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Capital International Investors raised its stake in 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 acquiring an additional 7,037,873 shares during the period. Primecap Management Co. CA boosted its position in shares of ConocoPhillips by 66.0% in the second quarter. Primecap Management Co. CA now owns 7,883,455 shares of the energy producer’s stock worth $707,461,000 after purchasing an additional 3,135,315 shares during the period. Ameriprise Financial Inc. increased its stake in shares of ConocoPhillips by 31.4% in the second quarter. Ameriprise Financial Inc. now owns 10,778,664 shares of the energy producer’s stock worth $966,267,000 after purchasing an additional 2,575,803 shares in the last quarter. Alyeska Investment Group L.P. bought a new stake in shares of ConocoPhillips during the 3rd quarter valued at $135,265,000. Finally, First Trust Advisors LP lifted its stake in shares of ConocoPhillips by 146.6% during 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 buying an additional 1,376,509 shares in the last quarter. 82.36% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Management committed to returning 45% of operating cash flow to shareholders (boosting yield/total-return prospects), supported by strong reported cash generation. ConocoPhillips Stock Still Looks Cheap – What’s The Best Play Here?
• Positive Sentiment: Wells Fargo raised its price target to $133 and kept an overweight rating — a material upside call that can attract momentum buyers. Wells Fargo raises PT to $133
• Neutral Sentiment: CEO Ryan Lance signaled a shift toward organic growth and international expansion (less M&A focus) — a strategic pivot that could change capital allocation and growth tempo over time. Analyst: Focus on organic growth
• Neutral Sentiment: Articles flag a Venezuela monetization-first approach (collect payments/settlements before ramping drilling) — could unlock value but is execution- and timing-dependent. Venezuela strategy piece
• Negative Sentiment: Q4 results missed consensus: non‑GAAP EPS $1.02 vs. estimates (~$1.23) and revenue slightly below expectations; management cited weaker realized oil prices — the miss pressured shares and remains a near-term earnings risk. Reuters: Q4 earnings miss
• Negative Sentiment: JPMorgan’s updated target ($103, neutral) implies limited near-term upside from current levels — a restraint on bullish investor positioning. JPMorgan maintains neutral PT $103

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.