BI Asset Management Fondsmaeglerselskab A S Sells 7,789 Shares of ConocoPhillips $COP

BI Asset Management Fondsmaeglerselskab A S trimmed its holdings in ConocoPhillips (NYSE:COP) by 13.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,254 shares of the energy producer’s stock after selling 7,789 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in ConocoPhillips were worth $4,754,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in COP. Howe & Rusling Inc. lifted its holdings in ConocoPhillips by 7.6% in the 3rd quarter. Howe & Rusling Inc. now owns 5,213 shares of the energy producer’s stock worth $493,000 after purchasing an additional 369 shares in the last quarter. Savant Capital LLC raised its position in shares of ConocoPhillips by 9.1% during the third quarter. Savant Capital LLC now owns 62,382 shares of the energy producer’s stock valued at $5,901,000 after buying an additional 5,199 shares during the last quarter. Unison Advisors LLC raised its position in shares of ConocoPhillips by 0.8% during the third quarter. Unison Advisors LLC now owns 17,574 shares of the energy producer’s stock valued at $1,662,000 after buying an additional 146 shares during the last quarter. Pinnacle West Asset Management Inc. lifted its holdings in shares of ConocoPhillips by 1.6% in the third quarter. Pinnacle West Asset Management Inc. now owns 10,450 shares of the energy producer’s stock worth $988,000 after buying an additional 165 shares in the last quarter. Finally, Premier Path Wealth Partners LLC boosted its position in shares of ConocoPhillips by 6.4% during the third quarter. Premier Path Wealth Partners LLC now owns 7,205 shares of the energy producer’s stock worth $682,000 after acquiring an additional 432 shares during the last quarter. Hedge funds and other institutional investors own 82.36% of the company’s stock.

Insider Transactions at ConocoPhillips

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 transaction, the chief executive officer directly owned 325,972 shares in the company, valued at approximately $30,152,410. This represents a 60.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director William H. Mcraven acquired 5,768 shares of ConocoPhillips stock in a transaction that occurred on Monday, November 10th. The stock was purchased at an average cost of $86.68 per share, for a total transaction of $499,970.24. Following the completion of the transaction, 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. Additional details regarding this purchase are available in the official SEC disclosure. 0.24% of the stock is currently owned by insiders.

Analyst Ratings Changes

COP has been the topic of a number of research reports. Sanford C. Bernstein reduced their price target on shares of ConocoPhillips from $116.00 to $98.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Jefferies Financial Group reaffirmed a “buy” rating on shares of ConocoPhillips in a report on Monday, December 15th. Wells Fargo & Company increased their price target on ConocoPhillips from $132.00 to $133.00 and gave the company an “overweight” rating in a research note on Friday. JPMorgan Chase & Co. raised their price target on ConocoPhillips from $98.00 to $103.00 and gave the company a “neutral” rating in a report on Friday. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of ConocoPhillips in a report on Monday, December 29th. Seventeen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, ConocoPhillips has a consensus rating of “Moderate Buy” and an average price target of $113.43.

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

ConocoPhillips Price Performance

NYSE:COP opened at $107.69 on Friday. The firm has a market capitalization of $133.07 billion, a price-to-earnings ratio of 16.99 and a beta of 0.32. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.30 and a quick ratio of 1.18. The business has a 50 day simple moving average of $96.50 and a 200-day simple moving average of $93.72. ConocoPhillips has a 1 year low of $79.88 and a 1 year high of $108.43.

ConocoPhillips (NYSE:COP) last released its quarterly earnings results on Thursday, February 5th. The energy producer reported $1.02 earnings per share for the quarter, missing the consensus estimate of $1.23 by ($0.21). The company had revenue of $13.86 billion for the quarter, compared to analysts’ expectations of $14.35 billion. ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. The business’s quarterly revenue was down 3.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.98 EPS. Equities analysts forecast that ConocoPhillips will post 8.16 EPS for the current year.

ConocoPhillips Announces Dividend

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

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.