Dakota Wealth Management Cuts Position in ConocoPhillips $COP

Dakota Wealth Management decreased its holdings in ConocoPhillips (NYSE:COP) by 12.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 48,108 shares of the energy producer’s stock after selling 6,934 shares during the quarter. Dakota Wealth Management’s holdings in ConocoPhillips were worth $4,503,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of COP. Howard Hughes Medical Institute acquired a new position in shares of ConocoPhillips during the 2nd quarter worth approximately $25,000. Cloud Capital Management LLC acquired a new stake in ConocoPhillips in the 3rd quarter valued at $26,000. Strive Asset Management LLC acquired a new stake in ConocoPhillips in the 3rd quarter valued at $28,000. Board of the Pension Protection Fund purchased a new stake in ConocoPhillips in the 4th quarter worth $28,000. Finally, Cedar Mountain Advisors LLC increased its holdings in ConocoPhillips by 58.0% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 316 shares of the energy producer’s stock worth $30,000 after acquiring an additional 116 shares in the last quarter. Hedge funds and other institutional investors own 82.36% of the company’s stock.

Insider Activity at ConocoPhillips

In other news, SVP Andrew D. Lundquist sold 34,500 shares of ConocoPhillips stock in a transaction on Friday, March 13th. The stock was sold at an average price of $119.68, for a total transaction of $4,128,960.00. Following 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Nicholas G. Olds sold 14,522 shares of the business’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $119.36, for a total transaction of $1,733,345.92. Following the transaction, the executive vice president directly owned 12,389 shares in the company, valued at approximately $1,478,751.04. The trade was a 53.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 621,670 shares of company stock valued at $78,320,133 in the last three months. Company insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Roth Mkm downgraded shares of ConocoPhillips from a “buy” rating to a “neutral” rating and set a $112.00 price objective on the stock. in a report on Tuesday, February 17th. Piper Sandler boosted their target price on shares of ConocoPhillips from $111.00 to $154.00 and gave the stock an “overweight” rating in a research note on Thursday, March 12th. The Goldman Sachs Group upped their price target on shares of ConocoPhillips from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Morgan Stanley raised their price target on shares of ConocoPhillips from $108.00 to $149.00 and gave the company an “overweight” rating in a research note on Friday. Finally, Raymond James Financial lifted their price objective on ConocoPhillips from $113.00 to $118.00 and gave the stock an “outperform” rating in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $122.16.

Key ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Morgan Stanley raised its price target to $149 and moved COP to “overweight,” supporting further upside from current levels. Benzinga
• Positive Sentiment: Analysts’ fair‑value updates lifted ConocoPhillips’ estimate (to ~$128.29 in one note), reflecting higher medium‑term oil price assumptions that justify stronger EPS/valuation scenarios. COP investment story shifting (Yahoo)
• Positive Sentiment: COP recently hit a 52‑week high, signaling momentum and investor appetite for large independent E&P names. 52‑week high (Investing.com)
• Positive Sentiment: Higher oil prices (Brent above ~$95) are a sector tailwind for upstream producers like ConocoPhillips, boosting cash flow sensitivity to commodity strength. Oil >$95 sector note (Yahoo)
• Neutral Sentiment: Options desks flag COP as a covered‑call candidate given elevated prices and implied volatility — indicates some investors prefer income harvesting over outright bullish exposure. Covered‑call interest (Barchart)
• Neutral Sentiment: Truist initiated coverage (new analyst attention); some houses remain cautious or have wide target ranges, so consensus expectations are mixed and valuation dispersion remains high. Truist initiation (American Banking News)
• Negative Sentiment: Significant insider selling was disclosed this week (including SVP Kelly Brunetti Rose and reports of larger executive sales); heavy insider dispositions can raise short‑term investor caution about near‑term allocation. Insider sales disclosure (InsiderTrades)
• Negative Sentiment: Geopolitical/operational risk: ConocoPhillips has sought U.S. protection around Qatari energy assets after regional strikes — evacuations and security actions add near‑term operational uncertainty for LNG and related projects. Qatar protection request (Yahoo)

ConocoPhillips Stock Up 0.5%

COP stock opened at $133.94 on Friday. The company has a current ratio of 1.30, a quick ratio of 1.14 and a debt-to-equity ratio of 0.35. The firm has a 50-day moving average of $112.57 and a two-hundred day moving average of $99.08. ConocoPhillips has a 12 month low of $79.88 and a 12 month high of $134.87. The company has a market cap of $165.51 billion, a price-to-earnings ratio of 21.13, a PEG ratio of 3.06 and a beta of 0.27.

ConocoPhillips (NYSE:COP) last issued its 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 analyst estimates of $14.35 billion. ConocoPhillips had a return on equity of 11.90% and a net margin of 12.98%.The company’s revenue for the quarter was down 3.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.98 earnings per share. As a group, analysts forecast that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors 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 2.5%. ConocoPhillips’s dividend payout ratio (DPR) is presently 53.00%.

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.