Oppenheimer Asset Management Inc. Sells 5,081 Shares of ConocoPhillips $COP

Oppenheimer Asset Management Inc. decreased its position in shares of ConocoPhillips (NYSE:COP) by 2.3% during the third quarter, Holdings Channel.com reports. The institutional investor owned 211,914 shares of the energy producer’s stock after selling 5,081 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in ConocoPhillips were worth $20,045,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Howard Hughes Medical Institute acquired a new stake in ConocoPhillips during the 2nd quarter valued at approximately $25,000. Cloud Capital Management LLC purchased a new stake in ConocoPhillips in the third quarter valued at $26,000. Bogart Wealth LLC grew its position in ConocoPhillips by 136.8% during the 2nd quarter. Bogart Wealth LLC now owns 315 shares of the energy producer’s stock worth $28,000 after purchasing an additional 182 shares during the period. Cedar Mountain Advisors LLC raised its stake 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 last quarter. Finally, Activest Wealth Management lifted its holdings in shares of ConocoPhillips by 249.5% in the 2nd quarter. Activest Wealth Management now owns 325 shares of the energy producer’s stock valued at $29,000 after buying an additional 232 shares during the period. Hedge funds and other institutional investors own 82.36% of the company’s stock.

ConocoPhillips Stock Performance

NYSE COP opened at $107.69 on Monday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.30 and a quick ratio of 1.14. The stock’s 50 day simple moving average is $96.50 and its 200-day simple moving average is $93.71. The company has a market cap of $133.07 billion, a PE ratio of 16.99 and a beta of 0.32. ConocoPhillips has a 1-year low of $79.88 and a 1-year high of $108.43.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings data on Thursday, February 5th. The energy producer reported $1.02 EPS 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 firm had revenue of $13.86 billion during the quarter, compared to analyst estimates of $14.35 billion. During the same period in the prior year, the company posted $1.98 earnings per share. The firm’s revenue for the quarter was down 3.7% compared to the same quarter last year. As a group, equities research analysts anticipate that ConocoPhillips will post 8.16 EPS for the current fiscal year.

ConocoPhillips Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Wednesday, February 18th will be given a dividend of $0.84 per share. The ex-dividend date is Wednesday, February 18th. This represents a $3.36 dividend on an annualized basis and a yield of 3.1%. ConocoPhillips’s payout ratio is presently 53.00%.

ConocoPhillips News Roundup

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

Analyst Ratings Changes

Several analysts recently commented on COP shares. Susquehanna raised their target price on ConocoPhillips from $115.00 to $121.00 and gave the stock a “positive” rating in a report on Friday. The Goldman Sachs Group raised their price objective on shares of ConocoPhillips from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday. BMO Capital Markets lifted their target price on shares of ConocoPhillips from $105.00 to $115.00 and gave the company an “outperform” rating in a report on Friday. Weiss Ratings reissued a “hold (c-)” rating on shares of ConocoPhillips in a report on Monday, December 29th. Finally, Bank of America restated an “underperform” rating and set a $102.00 price target on shares of ConocoPhillips in a research report on Friday, January 16th. Seventeen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $114.35.

Insiders Place Their Bets

In related news, CEO Ryan Michael Lance sold 500,708 shares of the company’s stock in a transaction dated Friday, December 19th. The shares were 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. This represents a 60.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.24% of the company’s stock.

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.