Principal Financial Group Inc. Has $149.63 Million Holdings in ConocoPhillips $COP

Principal Financial Group Inc. lessened its holdings in shares of ConocoPhillips (NYSE:COP) by 2.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,581,867 shares of the energy producer’s stock after selling 31,957 shares during the quarter. Principal Financial Group Inc. owned 0.13% of ConocoPhillips worth $149,629,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Heartland Bank & Trust Co raised its holdings in ConocoPhillips by 97.2% in the second quarter. Heartland Bank & Trust Co now owns 6,861 shares of the energy producer’s stock valued at $616,000 after acquiring an additional 3,381 shares in the last quarter. Tema Etfs LLC acquired a new stake in shares of ConocoPhillips in the 3rd quarter valued at $1,804,000. D.A. Davidson & CO. lifted its position in shares of ConocoPhillips by 12.1% during the 3rd quarter. D.A. Davidson & CO. now owns 140,829 shares of the energy producer’s stock worth $13,321,000 after purchasing an additional 15,202 shares during the last quarter. Chilton Capital Management LLC grew its stake in shares of ConocoPhillips by 3.2% during the third quarter. Chilton Capital Management LLC now owns 389,995 shares of the energy producer’s stock worth $36,890,000 after purchasing an additional 11,958 shares in the last quarter. Finally, AE Wealth Management LLC increased 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 valued at $9,783,000 after buying an additional 53,587 shares during the last quarter. Institutional investors and hedge funds own 82.36% of the company’s stock.

ConocoPhillips Price Performance

Shares of COP opened at $101.84 on Tuesday. The company has a current ratio of 1.32, a quick ratio of 1.18 and a debt-to-equity ratio of 0.35. The stock’s 50 day moving average is $94.99 and its two-hundred day moving average is $93.33. ConocoPhillips has a twelve month low of $79.88 and a twelve month high of $106.20. The firm has a market capitalization of $125.84 billion, a PE ratio of 14.40 and a beta of 0.32.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings results on Thursday, November 6th. The energy producer reported $1.61 earnings per share 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 business had revenue of $15.03 billion for the quarter, compared to analysts’ expectations of $14.51 billion. During the same period in the prior year, the company posted $1.78 EPS. The business’s revenue for the quarter was up 14.1% on a year-over-year basis. Research analysts anticipate that ConocoPhillips will post 8.16 earnings per share for the current year.

ConocoPhillips Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were given a $0.84 dividend. This is an increase from ConocoPhillips’s previous quarterly dividend of $0.78. This represents a $3.36 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Monday, November 17th. ConocoPhillips’s dividend payout ratio (DPR) is currently 47.52%.

Insiders Place Their Bets

In other news, CEO Ryan Michael Lance sold 500,708 shares of ConocoPhillips stock in a transaction on Friday, December 19th. The stock was sold at an average price of $92.50, for a total value 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 $30,152,410. The trade was a 60.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William H. Mcraven purchased 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, with a total value of $499,970.24. Following the acquisition, the director directly owned 5,768 shares in the company, valued at $499,970.24. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.24% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Sanford C. Bernstein cut their target price on ConocoPhillips from $116.00 to $98.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Barclays lowered their target price on shares of ConocoPhillips from $122.00 to $118.00 and set an “overweight” rating for the company in a report on Tuesday, October 7th. Roth Mkm lifted their price target on shares of ConocoPhillips from $100.00 to $105.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. Bank of America reissued an “underperform” rating and issued a $102.00 price target on shares of ConocoPhillips in a research report on Friday, January 16th. Finally, Capital One Financial raised their price objective on ConocoPhillips from $111.00 to $116.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 20th. Sixteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $110.96.

Key ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Analyst/market commentary highlighting ConocoPhillips’ strong E&P portfolio and its ability to support a higher-yielding cash return profile, which underpins a longer-term income thesis for investors. 2 No-Brainer High-Yield Energy Stocks to Buy for Reliable Income Right Now
• Neutral Sentiment: ConocoPhillips is set to report Q4 results soon; investors are positioning ahead of the print, so near-term volatility could rise but the report will provide fresh guidance and cash‑flow clarity. ConocoPhillips Gears Up to Report Q4 Earnings: What’s in the Cards?
• Neutral Sentiment: Wall Street remains moderately optimistic overall, which suggests analysts see upside potential despite recent underperformance vs. the S&P 500 — watch consensus revisions. Is Wall Street Bullish or Bearish on ConocoPhillips Stock?
• Neutral Sentiment: Discussion of ConocoPhillips’ potential role in Venezuela resurfaced as a possible upside catalyst if political/legal issues are resolved — important as a long-term production option but uncertain and policy-dependent. ConocoPhillips and Trump’s Venezuela Play: Is This a Hidden Catalyst or Just More Noise for Investors?
• Negative Sentiment: Shares pulled back after a six-session rally, signaling short-term profit-taking and increased sensitivity to macro oil drivers. ConocoPhillips shares fell after six-session gaining streak
• Negative Sentiment: A recent downgrade argues the stock’s valuation looks a little rich versus foreseeable cash‑flow growth, which can pressure the share price absent clear upside catalysts. ConocoPhillips: The Valuation Is A Little Rich (Downgrade)
• Negative Sentiment: Macro oil dynamics — OPEC production cuts and low inventories — are creating price swings; commentary suggests these factors contributed to recent downward moves as traders reposition around supply expectations. Why ConocoPhillips Stock Dropped on Monday

ConocoPhillips 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.