ConocoPhillips (NYSE:COP) Sets New 1-Year High Following Analyst Upgrade

Shares of ConocoPhillips (NYSE:COP) hit a new 52-week high on Tuesday after Mizuho raised their price target on the stock from $121.00 to $136.00. Mizuho currently has an outperform rating on the stock. ConocoPhillips traded as high as $123.22 and last traded at $123.4760, with a volume of 1340416 shares changing hands. The stock had previously closed at $121.32.

COP has been the subject of several other research reports. Raymond James Financial boosted their price objective on ConocoPhillips from $113.00 to $118.00 and gave the company an “outperform” rating in a research report on Wednesday, February 11th. UBS Group upped their price target on shares of ConocoPhillips from $130.00 to $144.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Wells Fargo & Company raised their price target on shares of ConocoPhillips from $132.00 to $133.00 and gave the stock an “overweight” rating in a report on Friday, February 6th. Morgan Stanley decreased their price objective on shares of ConocoPhillips from $117.00 to $108.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. Finally, The Goldman Sachs Group increased their target price on shares of ConocoPhillips from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $120.38.

Insider Buying and Selling

In other ConocoPhillips news, CEO Ryan Michael Lance sold 500,708 shares of the business’s 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 sale, the chief executive officer directly owned 325,972 shares of the company’s stock, valued at $30,152,410. The trade was a 60.57% decrease in their ownership of the stock. The sale 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 company’s stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $119.36, for a total value of $1,733,345.92. Following the sale, the executive vice president owned 12,389 shares in the company, valued at approximately $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 a total of 600,884 shares of company stock valued at $58,250,367 in the last quarter. 0.24% of the stock is currently owned by insiders.

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

Institutional Investors Weigh In On ConocoPhillips

Several hedge funds and other institutional investors have recently made changes to their positions in COP. Vanguard Group Inc. lifted its stake in ConocoPhillips by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 120,251,183 shares of the energy producer’s stock worth $11,256,713,000 after purchasing an additional 408,304 shares during the last quarter. Capital International Investors grew its stake in shares of ConocoPhillips by 5.9% during the fourth quarter. Capital International Investors now owns 48,360,060 shares of the energy producer’s stock valued at $4,527,230,000 after buying an additional 2,714,663 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of ConocoPhillips by 6.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 41,450,162 shares of the energy producer’s stock worth $3,880,151,000 after buying an additional 2,350,645 shares during the period. Franklin Resources Inc. lifted its stake in shares of ConocoPhillips by 4.5% during the 4th quarter. Franklin Resources Inc. now owns 15,038,675 shares of the energy producer’s stock worth $1,407,770,000 after acquiring an additional 648,432 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its stake in shares of ConocoPhillips by 1.3% during the 4th quarter. Fisher Asset Management LLC now owns 14,847,367 shares of the energy producer’s stock worth $1,389,862,000 after acquiring an additional 193,401 shares during the last quarter. Hedge funds and other institutional investors own 82.36% of the company’s stock.

ConocoPhillips Trading Up 1.3%

The stock has a fifty day moving average of $107.58 and a 200-day moving average of $97.26. The company has a market cap of $151.81 billion, a PE ratio of 19.38, a PEG ratio of 2.88 and a beta of 0.27. 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 released its 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). The business had revenue of $13.86 billion during 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 business’s revenue for the quarter was down 3.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.98 EPS. Sell-side analysts anticipate that ConocoPhillips will post 8.16 EPS 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 issued 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 (DPR) is presently 53.00%.

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.