ING Groep NV Purchases New Position in ConocoPhillips $COP

ING Groep NV acquired a new position in ConocoPhillips (NYSE:COP) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 12,984 shares of the energy producer’s stock, valued at approximately $1,228,000.

Several other hedge funds have also modified their holdings of COP. Charles Schwab Investment Management Inc. raised its position in ConocoPhillips by 0.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 40,382,724 shares of the energy producer’s stock valued at $3,623,946,000 after purchasing an additional 287,970 shares during the period. Fisher Asset Management LLC lifted its holdings in ConocoPhillips by 1.6% during the 2nd quarter. Fisher Asset Management LLC now owns 14,393,875 shares of the energy producer’s stock valued at $1,291,706,000 after buying an additional 224,201 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of ConocoPhillips by 31.4% during the second quarter. Ameriprise Financial Inc. now owns 10,778,664 shares of the energy producer’s stock valued at $966,267,000 after acquiring an additional 2,575,803 shares in the last quarter. Primecap Management Co. CA lifted its holdings in shares of ConocoPhillips by 66.0% in the 2nd quarter. Primecap Management Co. CA now owns 7,883,455 shares of the energy producer’s stock worth $707,461,000 after buying an additional 3,135,315 shares during the period. Finally, Boston Partners lifted its stake in ConocoPhillips by 4.0% in the second quarter. Boston Partners now owns 6,424,232 shares of the energy producer’s stock worth $577,471,000 after acquiring an additional 244,810 shares during the period. 82.36% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at ConocoPhillips

In related news, CEO Ryan Michael Lance sold 500,708 shares of ConocoPhillips stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $92.50, for a total value of $46,315,490.00. Following the completion of the transaction, the chief executive officer owned 325,972 shares in the company, valued at $30,152,410. The trade was a 60.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.24% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts have issued reports on COP shares. Johnson Rice cut 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. The Goldman Sachs Group upped 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. UBS Group reaffirmed a “buy” rating and set a $130.00 price target on shares of ConocoPhillips in a research report on Monday. Piper Sandler raised their price target on shares of ConocoPhillips from $108.00 to $111.00 and gave the stock an “overweight” rating in a research report on Friday, February 6th. Finally, Morgan Stanley decreased their price objective on shares of ConocoPhillips from $117.00 to $108.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. Seventeen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $115.00.

ConocoPhillips Price Performance

Shares of NYSE COP opened at $111.51 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.30 and a quick ratio of 1.14. The stock has a market capitalization of $137.79 billion, a price-to-earnings ratio of 17.59 and a beta of 0.32. The firm’s 50 day simple moving average is $98.34 and its 200-day simple moving average is $94.23. ConocoPhillips has a 12 month low of $79.88 and a 12 month high of $112.07.

ConocoPhillips (NYSE:COP) last announced its quarterly earnings results on Thursday, February 5th. The energy producer reported $1.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business’s quarterly revenue was down 3.7% on a year-over-year basis. During the same period last year, the company posted $1.98 earnings per share. Analysts expect that ConocoPhillips will post 8.16 EPS for the current year.

ConocoPhillips Announces Dividend

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

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: ConocoPhillips approved a $1.8 billion PPF subsea gas development in the Greater Ekofisk area — plan targets ~11 wells, 4 subsea templates and first gas by Q4 2028, supporting long‑dated production growth and infrastructure value. ConocoPhillips Greenlights Subsea Gas Development, Approves $1.8 Billion Project
• Positive Sentiment: ConocoPhillips and partners presented plans to invest roughly NOK 20 billion (~$2.1B) to restart production on three Greater Ekofisk fields by end‑2028 — a larger consortium investment signal that lowers execution risk and increases near‑term production visibility. ConocoPhillips and partners to invest $2 bln in Greater Ekofisk gas, condensate
• Neutral Sentiment: ConocoPhillips and partners formally submitted development plans for the Greater Ekofisk gas fields (reports vary ~$1.8B–$2.0B), providing regulatory clarity but still subject to approvals and timeline risk. ConocoPhillips submits development plans for Greater Ekofisk Area gas fields
• Neutral Sentiment: Industry press and investment sites are highlighting COP as a trending/closely watched stock and comparing peer moves (e.g., Chevron’s strong 2026 performance), which may drive short‑term flows but are not company‑specific catalysts. ConocoPhillips (COP) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: ConocoPhillips and other U.S. oil companies are in talks with Venezuela’s acting president about recouping past nationalization losses — potential long‑term upside if settlements occur, but timing and recovery size are uncertain. Oil Companies in ‘Active’ Talks Over Recouping Venezuela Losses
• Negative Sentiment: Scotiabank cut its FY2026 and FY2027 EPS forecasts for ConocoPhillips (FY2026 to $2.65, FY2027 to $4.65), reflecting weaker near‑term earnings expectations; analyst downgrades can pressure sentiment and cap multiple expansion. Scotiabank lowers FY2026/FY2027 EPS estimates for ConocoPhillips

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.