ConocoPhillips (NYSE:COP) Price Target Raised to $140.00 at BMO Capital Markets

ConocoPhillips (NYSE:COP) had its target price hoisted by BMO Capital Markets from $130.00 to $140.00 in a research note published on Tuesday morning,MarketScreener reports. They currently have an outperform rating on the energy producer’s stock.

Several other equities analysts have also recently commented on the stock. Argus boosted their target price on shares of ConocoPhillips from $111.00 to $128.00 and gave the company a “strong-buy” rating in a research report on Friday, February 13th. 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 report on Monday, March 16th. Jefferies Financial Group boosted their target price on shares of ConocoPhillips from $120.00 to $129.00 and gave the company a “buy” rating in a research report on Monday, February 23rd. Raymond James Financial boosted their target price on shares of ConocoPhillips from $113.00 to $118.00 and gave the company an “outperform” rating in a research report on Wednesday, February 11th. Finally, Zacks Research upgraded shares of ConocoPhillips from a “strong sell” rating to a “hold” rating in a research report on Monday, March 30th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $125.60.

ConocoPhillips Stock Performance

NYSE COP opened at $131.45 on Tuesday. The firm has a 50-day moving average price of $117.22 and a two-hundred day moving average price of $101.02. The company has a market capitalization of $160.22 billion, a P/E ratio of 20.73, a P/E/G ratio of 2.53 and a beta of 0.19. The company has a quick ratio of 1.14, a current ratio of 1.30 and a debt-to-equity ratio of 0.35. ConocoPhillips has a 12-month low of $79.88 and a 12-month high of $135.87.

ConocoPhillips (NYSE:COP) last issued its earnings results on Thursday, February 5th. The energy producer reported $1.02 EPS for the quarter, missing the consensus estimate of $1.23 by ($0.21). The firm had revenue of $13.86 billion during the quarter, compared to analyst estimates of $14.35 billion. ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. ConocoPhillips’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.98 earnings per share. Analysts anticipate that ConocoPhillips will post 8.16 earnings per share for the current year.

ConocoPhillips Announces Dividend

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. This represents a $3.36 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Wednesday, February 18th. ConocoPhillips’s dividend payout ratio is currently 53.00%.

Insider Buying and Selling at ConocoPhillips

In related news, 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 transaction of $1,733,345.92. Following the completion of the transaction, the executive vice president directly owned 12,389 shares in the company, valued at $1,478,751.04. This represents a 53.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Andrew D. Lundquist sold 34,500 shares of the company’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $2,090,689.92. This represents a 66.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 734,891 shares of company stock worth $93,345,692 over the last 90 days. 0.24% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On ConocoPhillips

Institutional investors have recently added to or reduced their stakes in the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in ConocoPhillips during the 4th quarter worth approximately $25,000. Cloud Capital Management LLC acquired a new position in ConocoPhillips during the 3rd quarter worth approximately $26,000. KERR FINANCIAL PLANNING Corp acquired a new position in ConocoPhillips during the 3rd quarter worth approximately $28,000. Board of the Pension Protection Fund acquired a new position in ConocoPhillips during the 4th quarter worth approximately $28,000. Finally, Strive Asset Management LLC bought a new stake in ConocoPhillips during the 3rd quarter worth approximately $28,000. 82.36% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: BMO Capital Markets raised its price target on COP to $140 and maintained an “outperform” rating, providing near-term upside and reinforcing buy-side momentum. BMO Raises COP PT
• Positive Sentiment: Wolfe Research also bumped its target to $144 and kept an “outperform” rating, adding analyst conviction that supports further upside and helps sustain institutional interest. Wolfe Raises COP PT
• Positive Sentiment: Sectorwide oil strength—driven by Middle East conflict risk—pushed COP sharply higher in March as upstream producers outperformed; continued high oil prices boost producers’ revenue, margins, and cash-return capacity. Why COP Rocketed in March
• Positive Sentiment: Macro/sector data show energy stocks surged ~38% in Q1 with upstream and refiners posting large gains—this tailwind increases attention on COP as a large-cap producer with significant capital-return plans. Energy Stocks Surged Q1
• Neutral Sentiment: MarketBeat’s XLE analysis flags a short-term technical pause (a Dark Cloud Cover) after XLE’s March peak, suggesting near-term choppiness for energy names even as fundamentals and capital-return prospects remain supportive. XLE ETF Hits Peak
• Negative Sentiment: A Seeking Alpha piece warns regional constraints could challenge some of ConocoPhillips’ long-term plans—this raises execution risk for growth projects and could temper upside if realized. COP Regional Constraints

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.