ConocoPhillips $COP Stake Increased by Castleview Partners LLC

Castleview Partners LLC grew its position in shares of ConocoPhillips (NYSE:COP) by 29.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 65,642 shares of the energy producer’s stock after buying an additional 14,992 shares during the quarter. ConocoPhillips accounts for 3.0% of Castleview Partners LLC’s portfolio, making the stock its 4th largest position. Castleview Partners LLC’s holdings in ConocoPhillips were worth $6,145,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. Capital International Investors boosted its stake 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 last quarter. Fisher Asset Management LLC raised its stake in shares of 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 purchasing an additional 260,091 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of ConocoPhillips by 20.6% in the third quarter. Ameriprise Financial Inc. now owns 12,994,674 shares of the energy producer’s stock worth $1,228,886,000 after purchasing an additional 2,216,010 shares during the last quarter. Primecap Management Co. CA lifted its holdings in shares of ConocoPhillips by 31.3% during 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 purchasing an additional 2,467,555 shares in the last quarter. Finally, Legal & General Group Plc lifted its holdings in shares of ConocoPhillips by 1.5% during the third quarter. Legal & General Group Plc now owns 7,304,119 shares of the energy producer’s stock valued at $690,897,000 after purchasing an additional 107,754 shares in the last quarter. 82.36% of the stock is currently owned by hedge funds and other institutional investors.

ConocoPhillips Trading Down 0.4%

NYSE:COP opened at $128.85 on Thursday. ConocoPhillips has a one year low of $79.88 and a one year high of $131.00. The business has a fifty day moving average price of $111.16 and a 200-day moving average price of $98.54. The firm has a market capitalization of $159.22 billion, a price-to-earnings ratio of 20.32, a price-to-earnings-growth ratio of 3.20 and a beta of 0.27. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.30 and a quick ratio of 1.14.

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 the consensus estimate of $1.23 by ($0.21). ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. The company had revenue of $13.86 billion for the quarter, compared to analysts’ expectations of $14.35 billion. During the same quarter last year, the firm posted $1.98 earnings per share. ConocoPhillips’s revenue for the quarter was down 3.7% on a year-over-year basis. Sell-side analysts forecast that ConocoPhillips will post 8.16 EPS for the current year.

ConocoPhillips Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Wednesday, February 18th were given a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Wednesday, February 18th. ConocoPhillips’s payout ratio is presently 53.00%.

Insider Activity at ConocoPhillips

In other ConocoPhillips news, SVP Kelly Brunetti Rose sold 8,500 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $118.04, for a total transaction of $1,003,340.00. Following the sale, the senior vice president owned 32,984 shares in the company, valued at approximately $3,893,431.36. This trade represents a 20.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Andrew D. Lundquist sold 34,500 shares of ConocoPhillips stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $119.68, for a total transaction of $4,128,960.00. Following the transaction, the senior vice president directly owned 17,469 shares in the company, valued at $2,090,689.92. This represents a 66.39% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 621,670 shares of company stock worth $78,320,133 in the last quarter. 0.24% of the stock is currently owned by insiders.

Trending Headlines about ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Analysts/industry pieces highlight ConocoPhillips as well-positioned among integrated U.S. energy names despite headwinds, supporting longer‑term demand for COP exposure. 3 US Integrated Energy Stocks to Gain Despite Industry Headwinds
• Positive Sentiment: CEO Ryan Lance told press that while roughly 20% of global LNG capacity isn’t flowing after recent strikes, the impact is “manageable” for ConocoPhillips — messaging that suggests the company expects limited long‑term operational disruption. CNBC Interview with CEO Ryan Lance
• Neutral Sentiment: Options/derivatives desks note COP looks like a candidate for covered‑call strategies given elevated price targets and volatility — a signal some investors see as opportunity to harvest premium rather than chase upside. Covered Call COP Plays Look Attractive
• Neutral Sentiment: Local/community initiatives and bullish retail writeups (articles debating buy theses) keep positive investor interest but are unlikely to move the stock materially on their own. UTPB Small Biz Builder program
• Negative Sentiment: Multiple insider sales were disclosed this week: SVP Kelly Brunetti Rose sold 7,700 shares, EVP Nicholas Olds sold ~6,994 shares, and reports show CEO Ryan Lance executed a large sale (506,800 shares). Significant insider selling can increase investor caution about near‑term positioning. Kelly Brunetti Rose insider sale Ryan Lance sale report
• Negative Sentiment: Geopolitical/operational risk: ConocoPhillips is urging the U.S. to expand protection around Qatari energy assets after Iranian strikes damaged facilities; the company reported evacuations and heightened security — a near‑term risk to LNG operations and project timelines. ConocoPhillips Seeks US Protection (Qatar)
• Negative Sentiment: Some sell‑side activity is cautious: Truist initiated a “hold” with a modest downside target and other mixed analyst notes continue to create a range of price expectations, tempering near‑term upside. (See multiple analyst notes summarized in recent coverage.)

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on COP shares. Jefferies Financial Group lifted their price objective on ConocoPhillips from $120.00 to $129.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Wall Street Zen upgraded shares of ConocoPhillips from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. 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 report on Tuesday, January 20th. Mizuho lifted their price target on shares of ConocoPhillips from $121.00 to $136.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 17th. Finally, The Goldman Sachs Group boosted their price objective on shares of ConocoPhillips from $115.00 to $120.00 and gave the company a “buy” rating in a report on Friday, February 6th. One investment 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 given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $120.52.

About ConocoPhillips

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.