ConocoPhillips $COP Shares Sold by SteelPeak Wealth LLC

SteelPeak Wealth LLC cut its stake in shares of ConocoPhillips (NYSE:COP) by 87.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,916 shares of the energy producer’s stock after selling 28,025 shares during the period. SteelPeak Wealth LLC’s holdings in ConocoPhillips were worth $370,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in COP. Heartland Bank & Trust Co grew its position in shares of ConocoPhillips by 97.2% during the second quarter. Heartland Bank & Trust Co now owns 6,861 shares of the energy producer’s stock worth $616,000 after acquiring an additional 3,381 shares during the last quarter. Everpar Advisors LLC boosted its stake in ConocoPhillips by 138.7% during the 2nd quarter. Everpar Advisors LLC now owns 10,413 shares of the energy producer’s stock valued at $934,000 after purchasing an additional 6,051 shares during the period. StoneX Group Inc. grew its position in ConocoPhillips by 510.5% in the 2nd quarter. StoneX Group Inc. now owns 29,285 shares of the energy producer’s stock worth $2,628,000 after purchasing an additional 24,488 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its stake in shares of ConocoPhillips by 17.4% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 154,360 shares of the energy producer’s stock valued at $13,927,000 after purchasing an additional 22,827 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of ConocoPhillips by 2.4% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,395,546 shares of the energy producer’s stock valued at $304,716,000 after buying an additional 78,642 shares during 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: Zacks Research raised its FY2026 EPS view to $5.07 from $4.72, signaling a meaningful upward revision to next‑year profits. Zacks Research Forecasts Higher Earnings for ConocoPhillips
• Positive Sentiment: Zacks bumped several quarterly estimates — notably Q4 2026 to $1.42 (from $1.07) and Q2 2027 to $1.75 (from $1.60) — which point to stronger near‑term earnings momentum. Zacks Research Forecasts Higher Earnings for ConocoPhillips
• Positive Sentiment: Zacks also raised Q4 2025 and Q2 2026 estimates modestly, adding incremental upside to coming quarters. Zacks Research Forecasts Higher Earnings for ConocoPhillips
• Positive Sentiment: Brokerage coverage remains constructive: ConocoPhillips has a consensus recommendation of “Moderate Buy,” which supports investor appetite. ConocoPhillips Given Consensus Recommendation of “Moderate Buy”
• Neutral Sentiment: Zacks left the overall market consensus for current full‑year EPS at $8.16, implying that despite revisions, broader street expectations remain unchanged for FY2025/FY2027 context. Zacks Research Forecasts Higher Earnings for ConocoPhillips
• Negative Sentiment: There were small downward tweaks to Q3 2026 and Q3 2027 (drops of $0.01–$0.02), which are minor but technically reduce some mid‑cycle expectations. Zacks Research Forecasts Higher Earnings for ConocoPhillips

ConocoPhillips Price Performance

NYSE:COP opened at $96.62 on Monday. The business’s 50-day moving average price is $90.68 and its 200 day moving average price is $92.48. The firm has a market cap of $119.39 billion, a P/E ratio of 13.67, a PEG ratio of 2.58 and a beta of 0.32. ConocoPhillips has a 52-week low of $79.88 and a 52-week high of $106.20. The company has a quick ratio of 1.18, a current ratio of 1.32 and a debt-to-equity ratio of 0.35.

ConocoPhillips (NYSE:COP) last issued its quarterly earnings results on Thursday, November 6th. The energy producer reported $1.61 earnings per share for the quarter, beating 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 company had revenue of $15.03 billion during the quarter, compared to the consensus estimate of $14.51 billion. During the same period in the prior year, the company earned $1.78 EPS. ConocoPhillips’s revenue was up 14.1% on a year-over-year basis. As a group, sell-side analysts predict that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were issued a dividend of $0.84 per share. The ex-dividend date was Monday, November 17th. This is a positive change from ConocoPhillips’s previous quarterly dividend of $0.78. This represents a $3.36 dividend on an annualized basis and a yield of 3.5%. ConocoPhillips’s payout ratio is 47.52%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on COP. BMO Capital Markets decreased their price objective on ConocoPhillips from $110.00 to $105.00 and set an “outperform” rating for the company in a report on Monday, December 15th. Mizuho boosted their price target on ConocoPhillips from $120.00 to $121.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Capital One Financial raised their price target on ConocoPhillips from $111.00 to $112.00 in a report on Friday, October 3rd. Jefferies Financial Group restated a “buy” rating on shares of ConocoPhillips in a research note on Monday, December 15th. Finally, Susquehanna decreased their target price on shares of ConocoPhillips to $113.00 and set a “positive” rating for the company in a research report on Monday, October 20th. Nineteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, ConocoPhillips currently has an average rating of “Moderate Buy” and an average target price of $114.08.

Insider Activity at ConocoPhillips

In other ConocoPhillips news, Director William H. Mcraven purchased 5,768 shares of the firm’s stock in a transaction on Monday, November 10th. The shares were purchased 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 owned 5,768 shares in the company, valued at $499,970.24. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Ryan Michael Lance sold 500,708 shares of the stock in a transaction on 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 owned 325,972 shares of the company’s stock, valued at $30,152,410. This trade represents a 60.57% decrease in their position. The disclosure for this sale is available in the SEC filing. 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.