Andrew Lundquist Sells 34,500 Shares of ConocoPhillips (NYSE:COP) Stock

ConocoPhillips (NYSE:COP) SVP Andrew Lundquist sold 34,500 shares of the stock in a transaction on Friday, March 13th. The shares were sold at an average price of $119.68, for a total value of $4,128,960.00. Following the completion of the transaction, the senior vice president owned 17,469 shares in the company, valued at $2,090,689.92. The trade was a 66.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

ConocoPhillips Stock Up 1.3%

NYSE COP opened at $122.85 on Wednesday. The stock has a market capitalization of $151.81 billion, a P/E ratio of 19.38, a price-to-earnings-growth 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 $123.96. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.14 and a current ratio of 1.30. The stock has a fifty day moving average of $107.58 and a 200-day moving average of $97.26.

ConocoPhillips (NYSE:COP) last issued its quarterly earnings results on Thursday, February 5th. The energy producer reported $1.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.23 by ($0.21). The firm had revenue of $13.86 billion for 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 last year, the company earned $1.98 EPS. On average, equities research analysts forecast that ConocoPhillips will post 8.16 EPS for the current year.

ConocoPhillips Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Wednesday, February 18th were given a dividend of $0.84 per share. The ex-dividend date was Wednesday, February 18th. This represents a $3.36 dividend on an annualized basis and a yield of 2.7%. ConocoPhillips’s dividend payout ratio is presently 53.00%.

Key Stories Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Analysts raised long-term oil assumptions and reiterated bullish views on COP, citing the company’s strong leverage to crude and its 2026 production/guidance and capital-discipline commitments (including ~$1.0B cost reductions and sizable shareholder returns). Higher Oil Assumptions And Geopolitical Risk Might Change The Case For Investing In ConocoPhillips (COP)
• Positive Sentiment: Mizuho, Barclays and Piper Sandler (among others) lifted price targets—Mizuho to $136, Barclays to $128 and Piper Sandler more aggressively toward $154—giving fresh analyst support that can attract buying from institutions. Mizuho/Benzinga coverage
• Positive Sentiment: Oil-price upside from Strait-of-Hormuz shipping risk and uncertainty around a U.S.-led protection coalition is boosting energy-sector momentum, which typically flows to upstream producers like COP. Oil jumps over 2% as doubts linger over U.S.-backed plan to protect Strait of Hormuz shipping
• Neutral Sentiment: Bank of America raised its price target to $120 but kept an Underperform rating, illustrating mixed analyst views despite higher oil assumptions. Bank of America and Barclays Update ConocoPhillips (COP) Targets on Oil Outlook Shift
• Neutral Sentiment: Smaller operational notices and sector roundup pieces (e.g., lists of oil stocks that benefit from rising crude) support sector interest but are not COP-specific drivers. 5 Oil and Gas Stocks That Benefit From Soaring Crude Prices
• Negative Sentiment: Material insider selling disclosed this week: EVP Nicholas Olds sold 14,522 shares, SVP Andrew Lundquist sold 34,500 shares and SVP Heather Hrap sold 2,654 shares—large, clustered executive sales that can weigh on sentiment and raise questions on timing. Nicholas Olds insider sale
• Negative Sentiment: Additional coverage highlighted insider sales and asked whether profit-taking signals concerns around capital returns or near-term outlook, a potential short-term headwind for the stock. ConocoPhillips Insider Sales Stir Questions On Capital Returns And Outlook

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. UBS Group raised their price objective on shares of ConocoPhillips from $130.00 to $144.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Citigroup increased their price target on ConocoPhillips from $125.00 to $135.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Barclays raised their price target on ConocoPhillips from $118.00 to $128.00 and gave the stock an “overweight” rating in a research report on Monday. Susquehanna lifted their price objective on ConocoPhillips from $115.00 to $121.00 and gave the stock a “positive” rating in a research note on Friday, February 6th. Finally, Wall Street Zen upgraded ConocoPhillips from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $120.38.

Institutional Trading of ConocoPhillips

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in COP. Tema Etfs LLC purchased a new stake in shares of ConocoPhillips in the third quarter valued at about $1,804,000. Victory Capital Management Inc. boosted its holdings in ConocoPhillips by 14.7% during the third quarter. Victory Capital Management Inc. now owns 2,331,176 shares of the energy producer’s stock worth $220,506,000 after purchasing an additional 298,245 shares during the last quarter. Natixis Advisors LLC boosted its holdings in ConocoPhillips by 8.7% during the third quarter. Natixis Advisors LLC now owns 1,996,426 shares of the energy producer’s stock worth $188,842,000 after purchasing an additional 160,410 shares during the last quarter. Chilton Capital Management LLC grew its position in ConocoPhillips by 3.2% in the 3rd 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, D.A. Davidson & CO. grew its position in ConocoPhillips by 12.1% in 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 in the last quarter. 82.36% of the stock is owned by institutional investors.

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.