Davis R M Inc. Lowers Holdings in ConocoPhillips $COP

Davis R M Inc. reduced its position in shares of ConocoPhillips (NYSE:COP) by 2.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 367,310 shares of the energy producer’s stock after selling 7,919 shares during the period. Davis R M Inc.’s holdings in ConocoPhillips were worth $34,744,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Tema Etfs LLC purchased a new stake in shares of ConocoPhillips during the 3rd quarter valued at $1,804,000. D.A. Davidson & CO. increased its position in ConocoPhillips by 12.1% during the 3rd quarter. D.A. Davidson & CO. now owns 140,829 shares of the energy producer’s stock valued at $13,321,000 after buying an additional 15,202 shares in the last quarter. Chilton Capital Management LLC raised its stake in ConocoPhillips by 3.2% in the third quarter. Chilton Capital Management LLC now owns 389,995 shares of the energy producer’s stock valued at $36,890,000 after buying an additional 11,958 shares during the last quarter. AE Wealth Management LLC boosted its holdings in ConocoPhillips by 107.5% in the third quarter. AE Wealth Management LLC now owns 103,430 shares of the energy producer’s stock worth $9,783,000 after acquiring an additional 53,587 shares in the last quarter. Finally, Great Lakes Advisors LLC boosted its holdings in ConocoPhillips by 5.6% in the third quarter. Great Lakes Advisors LLC now owns 1,047,732 shares of the energy producer’s stock worth $99,105,000 after acquiring an additional 55,901 shares in the last quarter. 82.36% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other ConocoPhillips 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 value of $46,315,490.00. Following the completion of the transaction, the chief executive officer owned 325,972 shares in the company, valued at approximately $30,152,410. This represents a 60.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on COP. Susquehanna increased their price objective on shares of ConocoPhillips from $115.00 to $121.00 and gave the company a “positive” rating in a research report on Friday, February 6th. Jefferies Financial Group upped their price target on shares of ConocoPhillips from $120.00 to $129.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Capital One Financial lifted their price objective on shares of ConocoPhillips from $111.00 to $116.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 20th. The Goldman Sachs Group upped their target price on ConocoPhillips from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Finally, JPMorgan Chase & Co. lifted their price target on ConocoPhillips from $98.00 to $103.00 and gave the stock a “neutral” rating in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $115.92.

ConocoPhillips Stock Up 2.4%

Shares of COP opened at $113.32 on Monday. The company has a market capitalization of $140.03 billion, a price-to-earnings ratio of 17.87, a PEG ratio of 2.88 and a beta of 0.27. ConocoPhillips has a 52 week low of $79.88 and a 52 week high of $113.80. The stock’s 50-day moving average price is $101.70 and its 200-day moving average price is $95.38. The company has a quick ratio of 1.14, a current ratio of 1.30 and a debt-to-equity ratio of 0.35.

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

ConocoPhillips Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Wednesday, February 18th will be issued a dividend of $0.84 per share. The ex-dividend date of this dividend is Wednesday, February 18th. This represents a $3.36 dividend on an annualized basis and a yield of 3.0%. ConocoPhillips’s dividend payout ratio is 53.00%.

Key Headlines Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: UBS raised its price target to $130 (from $120) and reiterated a Buy rating, citing progress on the Willow project and longer‑term growth potential — a bullish analyst signal that supports higher valuations. ConocoPhillips (COP) Stock Gains UBS Confidence as Willow Project Advances
• Positive Sentiment: Crude oil rallied (Brent above $70) on renewed U.S.–Iran tensions, which tends to lift E&P producers’ revenue and cash flow potential — a direct tailwind for COP. Oil Price Tops $70 Amid Trump, Iran Fears. Where It Goes From Here.
• Neutral Sentiment: Media pieces note that brokerage consensus remains favorable (average brokerage recommendation supportive), which can sustain demand but also reflects already priced‑in optimism. Brokers Suggest Investing in ConocoPhillips (COP): Read This Before Placing a Bet
• Neutral Sentiment: Zacks and other outlets flag COP as a highly searched/monitored stock — increased attention can boost liquidity and volatility but doesn’t guarantee direction. ConocoPhillips (COP) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Bloomberg reported ConocoPhillips is exploring sales of some Permian assets — could be value‑unlocking but may reduce growth/production exposure; impact depends on deal size and use of proceeds. ConocoPhillips Looks to Sell Assets in the Permian Basin
• Negative Sentiment: COP’s most recent quarter missed expectations (EPS and revenue down year‑over‑year), highlighting near‑term earnings pressure that can cap multiple expansion until margins recover.
• Negative Sentiment: Analyst commentary notes COP has underperformed the S&P 500 over the past year, which keeps some investors cautious on growth prospects versus alternatives. Is ConocoPhillips Stock Underperforming the S&P 500?

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.