ConocoPhillips $COP Shares Sold by Hamlin Capital Management LLC

Hamlin Capital Management LLC cut its stake in shares of ConocoPhillips (NYSE:COP) by 5.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,439,343 shares of the energy producer’s stock after selling 80,297 shares during the quarter. ConocoPhillips makes up 3.2% of Hamlin Capital Management LLC’s portfolio, making the stock its 19th largest holding. Hamlin Capital Management LLC owned about 0.12% of ConocoPhillips worth $134,737,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Capital International Investors boosted its position in ConocoPhillips by 18.2% during the 3rd quarter. Capital International Investors now owns 45,645,397 shares of the energy producer’s stock valued at $4,318,239,000 after purchasing an additional 7,037,873 shares during the period. Charles Schwab Investment Management Inc. increased its position in ConocoPhillips by 0.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 40,382,724 shares of the energy producer’s stock worth $3,623,946,000 after buying an additional 287,970 shares during the period. Fisher Asset Management LLC increased its position in ConocoPhillips by 1.8% in the third quarter. Fisher Asset Management LLC now owns 14,653,966 shares of the energy producer’s stock worth $1,386,119,000 after buying an additional 260,091 shares during the period. Ameriprise Financial Inc. lifted its stake in ConocoPhillips by 20.6% in the third quarter. Ameriprise Financial Inc. now owns 12,994,674 shares of the energy producer’s stock valued at $1,228,886,000 after buying an additional 2,216,010 shares during the last quarter. Finally, Primecap Management Co. CA lifted its stake in ConocoPhillips by 31.3% in the third quarter. Primecap Management Co. CA now owns 10,351,010 shares of the energy producer’s stock valued at $979,102,000 after buying an additional 2,467,555 shares during the last quarter. 82.36% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: ConocoPhillips was a bidder in a record Alaska National Petroleum Reserve lease sale that drew roughly $163 million in high bids, signaling renewed upstream access and long‑term resource optionality for COP in the Arctic. Record Arctic Alaska auction lures ExxonMobil, Shell, Repsol and ConocoPhillips
• Positive Sentiment: Geopolitical flare-ups (missile attacks affecting LNG facilities) have pushed crude and energy prices higher, which should boost ConocoPhillips’ revenue and cash flow in the near term given its oil exposure. Oil Prices Surge After Attacks on Energy Assets in Qatar; Energy Stocks Higher in Premarket Trading
• Positive Sentiment: Mizuho raised its price target on COP to $136, reflecting bullish analyst sentiment that can support investor confidence and buying interest. Mizuho Raises ConocoPhillips (NYSE:COP) Price Target to $136.00
• Neutral Sentiment: ConocoPhillips scheduled its first‑quarter earnings conference call for April 30; investors will watch the call for updated production, capex guidance and margin commentary that could move the stock. ConocoPhillips to hold first-quarter earnings conference call on Thursday, April 30
• Neutral Sentiment: Analysts and press note U.S. oil producers could see a near‑term windfall from higher crude (an estimate cited ~$63B), but they also warn prolonged geopolitical conflict could harm demand and operations—an ambiguous signal for investors. U.S. oil producers could get $63 billion boost from high crude prices
• Negative Sentiment: An executive stock sale: a ConocoPhillips SVP sold about $4.13 million of COP shares, which investors sometimes view as a near‑term negative signal on insider sentiment even if sales are for diversification or other reasons. ConocoPhillips (NYSE:COP) SVP Sells $4,128,960.00 in Stock

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Citigroup upped their price target on shares of ConocoPhillips from $125.00 to $135.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Bank of America reiterated an “underperform” rating and issued a $102.00 price objective on shares of ConocoPhillips in a research report on Friday, January 16th. Barclays boosted their target price on shares of ConocoPhillips from $118.00 to $128.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. UBS Group upped their target price on shares of ConocoPhillips from $130.00 to $144.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Finally, Capital One Financial raised their price target on shares of ConocoPhillips from $111.00 to $116.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $120.38.

ConocoPhillips Stock Up 0.6%

Shares of COP stock opened at $126.78 on Friday. The business’s fifty day moving average is $109.30 and its 200-day moving average is $97.83. The stock has a market cap of $156.66 billion, a PE ratio of 20.00, a price-to-earnings-growth ratio of 3.49 and a beta of 0.27. ConocoPhillips has a 1 year low of $79.88 and a 1 year high of $128.13. 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 (NYSE:COP) last issued its quarterly earnings results on Thursday, February 5th. The energy producer reported $1.02 earnings per share for the quarter, missing analysts’ consensus estimates 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 previous year, the company posted $1.98 earnings per share. ConocoPhillips’s revenue was down 3.7% compared to the same quarter last year. Equities analysts expect that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Wednesday, February 18th were issued a $0.84 dividend. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $3.36 annualized dividend and a dividend yield of 2.7%. ConocoPhillips’s dividend payout ratio is currently 53.00%.

Insider Buying and Selling

In other news, Director Timothy A. Leach sold 40,000 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $118.79, for a total transaction of $4,751,600.00. Following the completion of the sale, the director directly owned 411,211 shares of the company’s stock, valued at $48,847,754.69. This trade represents a 8.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Nicholas G. Olds sold 14,522 shares of the business’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $119.36, for a total value of $1,733,345.92. Following the sale, the executive vice president directly owned 12,389 shares in the company, valued at $1,478,751.04. This trade represents a 53.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 100,176 shares of company stock valued at $11,934,877 in the last three months. 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.