DNB Asset Management AS Raises Position in ConocoPhillips $COP

DNB Asset Management AS increased its holdings in shares of ConocoPhillips (NYSE:COP) by 41.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 370,819 shares of the energy producer’s stock after buying an additional 109,135 shares during the quarter. DNB Asset Management AS’s holdings in ConocoPhillips were worth $35,076,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in COP. Howard Hughes Medical Institute purchased a new stake in shares of ConocoPhillips during the second quarter worth about $25,000. Cloud Capital Management LLC purchased a new position in shares of ConocoPhillips in the 3rd quarter valued at approximately $26,000. Cedar Mountain Advisors LLC boosted its stake 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 purchasing an additional 116 shares in the last quarter. BNP Paribas purchased a new stake in ConocoPhillips during the 2nd quarter worth approximately $33,000. Finally, Bfsg LLC acquired a new position in ConocoPhillips during the 3rd quarter valued at approximately $36,000. 82.36% of the stock is owned by institutional investors and hedge funds.

ConocoPhillips Stock Up 2.4%

COP stock opened at $113.32 on Friday. ConocoPhillips has a one year low of $79.88 and a one year high of $113.80. 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 firm’s fifty day moving average is $101.70 and its 200 day moving average is $95.38. The firm has a market cap of $140.03 billion, a PE ratio of 17.87, a P/E/G ratio of 2.81 and a beta of 0.32.

ConocoPhillips (NYSE:COP) last posted its 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 analysts’ expectations of $14.35 billion. ConocoPhillips had a return on equity of 11.90% and a net margin of 12.98%.The company’s revenue was down 3.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.98 earnings per share. On average, research analysts forecast that ConocoPhillips will post 8.16 EPS for the current year.

ConocoPhillips Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Wednesday, February 18th will be given a $0.84 dividend. The ex-dividend date is Wednesday, February 18th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 3.0%. ConocoPhillips’s payout ratio is 53.00%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on COP shares. Wells Fargo & Company lifted their price objective on shares of ConocoPhillips from $132.00 to $133.00 and gave the stock an “overweight” rating in a research note on Friday, February 6th. Jefferies Financial Group lifted their price target on ConocoPhillips from $120.00 to $129.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Citigroup increased their price objective on ConocoPhillips from $115.00 to $125.00 and gave the company a “buy” rating in a report on Friday, February 6th. Piper Sandler lifted their target price on ConocoPhillips from $108.00 to $111.00 and gave the stock an “overweight” rating in a report on Friday, February 6th. Finally, Johnson Rice lowered ConocoPhillips from an “accumulate” rating to a “hold” rating and dropped their target price for the company from $108.00 to $105.00 in a research report on Friday, December 5th. 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 one has assigned a Sell rating to the stock. According to data from MarketBeat.com, ConocoPhillips has a consensus rating of “Moderate Buy” and a consensus price target of $115.92.

Insider Buying and Selling at ConocoPhillips

In other news, CEO Ryan Michael Lance sold 500,708 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer owned 325,972 shares in the company, valued at $30,152,410. This trade represents a 60.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.24% of the stock is currently owned by insiders.

ConocoPhillips News Roundup

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: UBS raised its price target to $130 (from $120) and reiterated a Buy rating, citing progress on the Willow project and longer‑term growth potential — a bullish analyst signal that supports higher valuations. ConocoPhillips (COP) Stock Gains UBS Confidence as Willow Project Advances
• Positive Sentiment: Crude oil rallied (Brent above $70) on renewed U.S.–Iran tensions, which tends to lift E&P producers’ revenue and cash flow potential — a direct tailwind for COP. Oil Price Tops $70 Amid Trump, Iran Fears. Where It Goes From Here.
• Neutral Sentiment: Media pieces note that brokerage consensus remains favorable (average brokerage recommendation supportive), which can sustain demand but also reflects already priced‑in optimism. Brokers Suggest Investing in ConocoPhillips (COP): Read This Before Placing a Bet
• Neutral Sentiment: Zacks and other outlets flag COP as a highly searched/monitored stock — increased attention can boost liquidity and volatility but doesn’t guarantee direction. ConocoPhillips (COP) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Bloomberg reported ConocoPhillips is exploring sales of some Permian assets — could be value‑unlocking but may reduce growth/production exposure; impact depends on deal size and use of proceeds. ConocoPhillips Looks to Sell Assets in the Permian Basin
• Negative Sentiment: COP’s most recent quarter missed expectations (EPS and revenue down year‑over‑year), highlighting near‑term earnings pressure that can cap multiple expansion until margins recover.
• Negative Sentiment: Analyst commentary notes COP has underperformed the S&P 500 over the past year, which keeps some investors cautious on growth prospects versus alternatives. Is ConocoPhillips Stock Underperforming the S&P 500?

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.