ConocoPhillips $COP Shares Sold by Advisors Asset Management Inc.

Advisors Asset Management Inc. reduced its stake in ConocoPhillips (NYSE:COP) by 13.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 36,138 shares of the energy producer’s stock after selling 5,802 shares during the period. Advisors Asset Management Inc.’s holdings in ConocoPhillips were worth $3,418,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Primecap Management Co. CA raised its stake in ConocoPhillips by 66.0% during the 2nd quarter. Primecap Management Co. CA now owns 7,883,455 shares of the energy producer’s stock worth $707,461,000 after acquiring an additional 3,135,315 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of ConocoPhillips by 31.4% during the second quarter. Ameriprise Financial Inc. now owns 10,778,664 shares of the energy producer’s stock worth $966,267,000 after purchasing an additional 2,575,803 shares during the last quarter. First Trust Advisors LP increased its position in shares of ConocoPhillips by 146.6% during the second quarter. First Trust Advisors LP now owns 2,315,757 shares of the energy producer’s stock worth $207,816,000 after purchasing an additional 1,376,509 shares in the last quarter. Laurel Wealth Advisors LLC increased its position in shares of ConocoPhillips by 8,148.3% during the second quarter. Laurel Wealth Advisors LLC now owns 917,788 shares of the energy producer’s stock worth $82,362,000 after purchasing an additional 906,661 shares in the last quarter. Finally, Adage Capital Partners GP L.L.C. lifted its holdings in shares of ConocoPhillips by 18.0% in the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 4,565,154 shares of the energy producer’s stock valued at $409,677,000 after purchasing an additional 697,700 shares during the last quarter. Hedge funds and other institutional investors own 82.36% of the company’s stock.

ConocoPhillips Stock Up 0.6%

COP stock opened at $111.51 on Friday. The stock has a market capitalization of $137.79 billion, a PE ratio of 17.59 and a beta of 0.32. The company has a fifty day moving average of $98.34 and a 200-day moving average of $94.21. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.14 and a current ratio of 1.30. ConocoPhillips has a one year low of $79.88 and a one year high of $112.07.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings results 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 business 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 business earned $1.98 earnings per share. The firm’s quarterly revenue was down 3.7% compared to the same quarter last year. As a group, analysts expect that ConocoPhillips will post 8.16 EPS for the current year.

ConocoPhillips Dividend Announcement

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

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: ConocoPhillips approved a $1.8 billion PPF subsea gas development in the Greater Ekofisk area — plan targets ~11 wells, 4 subsea templates and first gas by Q4 2028, supporting long‑dated production growth and infrastructure value. ConocoPhillips Greenlights Subsea Gas Development, Approves $1.8 Billion Project
• Positive Sentiment: ConocoPhillips and partners presented plans to invest roughly NOK 20 billion (~$2.1B) to restart production on three Greater Ekofisk fields by end‑2028 — a larger consortium investment signal that lowers execution risk and increases near‑term production visibility. ConocoPhillips and partners to invest $2 bln in Greater Ekofisk gas, condensate
• Neutral Sentiment: ConocoPhillips and partners formally submitted development plans for the Greater Ekofisk gas fields (reports vary ~$1.8B–$2.0B), providing regulatory clarity but still subject to approvals and timeline risk. ConocoPhillips submits development plans for Greater Ekofisk Area gas fields
• Neutral Sentiment: Industry press and investment sites are highlighting COP as a trending/closely watched stock and comparing peer moves (e.g., Chevron’s strong 2026 performance), which may drive short‑term flows but are not company‑specific catalysts. ConocoPhillips (COP) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: ConocoPhillips and other U.S. oil companies are in talks with Venezuela’s acting president about recouping past nationalization losses — potential long‑term upside if settlements occur, but timing and recovery size are uncertain. Oil Companies in ‘Active’ Talks Over Recouping Venezuela Losses
• Negative Sentiment: Scotiabank cut its FY2026 and FY2027 EPS forecasts for ConocoPhillips (FY2026 to $2.65, FY2027 to $4.65), reflecting weaker near‑term earnings expectations; analyst downgrades can pressure sentiment and cap multiple expansion. Scotiabank lowers FY2026/FY2027 EPS estimates for ConocoPhillips

Insiders Place Their Bets

In related 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 transaction of $46,315,490.00. Following the completion of the transaction, the chief executive officer directly owned 325,972 shares of the company’s stock, valued at approximately $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 SEC, which can be accessed through this link. 0.24% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Wall Street Zen upgraded ConocoPhillips from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Jefferies Financial Group restated a “buy” rating on shares of ConocoPhillips in a research report on Monday, December 15th. UBS Group reaffirmed a “buy” rating and issued a $130.00 target price on shares of ConocoPhillips in a report on Monday, February 9th. Morgan Stanley decreased their price target on shares of ConocoPhillips from $117.00 to $108.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. Finally, Mizuho raised their price objective on shares of ConocoPhillips from $120.00 to $121.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Seventeen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $115.54.

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.