NewEdge Wealth LLC Has $1.92 Million Stock Holdings in ConocoPhillips $COP

NewEdge Wealth LLC lowered its holdings in ConocoPhillips (NYSE:COP) by 55.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 21,864 shares of the energy producer’s stock after selling 26,968 shares during the period. NewEdge Wealth LLC’s holdings in ConocoPhillips were worth $1,917,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the business. Brookstone Capital Management grew its position in ConocoPhillips by 95.5% during the second quarter. Brookstone Capital Management now owns 24,851 shares of the energy producer’s stock worth $2,230,000 after buying an additional 12,137 shares in the last quarter. Ethic Inc. increased its position in shares of ConocoPhillips by 22.9% during the second quarter. Ethic Inc. now owns 28,526 shares of the energy producer’s stock valued at $2,572,000 after purchasing an additional 5,309 shares during the period. Freedom Investment Management Inc. raised its stake in shares of ConocoPhillips by 11.2% in the second quarter. Freedom Investment Management Inc. now owns 8,817 shares of the energy producer’s stock valued at $791,000 after purchasing an additional 885 shares in the last quarter. 180 Wealth Advisors LLC lifted its position in ConocoPhillips by 3.6% in the second quarter. 180 Wealth Advisors LLC now owns 3,987 shares of the energy producer’s stock worth $358,000 after purchasing an additional 138 shares during the period. Finally, AlTi Global Inc. increased its holdings in ConocoPhillips by 8.8% in the 2nd quarter. AlTi Global Inc. now owns 8,923 shares of the energy producer’s stock valued at $801,000 after buying an additional 723 shares during the period. 82.36% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CEO Ryan Michael Lance sold 500,708 shares of the stock in a transaction 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 owned 325,972 shares in the company, valued at approximately $30,152,410. This represents a 60.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.24% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on COP. Roth Mkm downgraded shares of ConocoPhillips from a “buy” rating to a “neutral” rating and set a $112.00 price objective for the company. in a report on Tuesday. Morgan Stanley dropped their price target on shares of ConocoPhillips from $117.00 to $108.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. Wall Street Zen cut shares of ConocoPhillips from a “hold” rating to a “sell” rating in a research note on Saturday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of ConocoPhillips in a report on Monday, December 29th. Finally, Johnson Rice lowered ConocoPhillips from an “accumulate” rating to a “hold” rating and lowered their price objective for the company from $108.00 to $105.00 in a research note on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $115.54.

ConocoPhillips Price Performance

Shares of ConocoPhillips stock opened at $110.46 on Friday. The company has a current ratio of 1.30, a quick ratio of 1.14 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $136.50 billion, a price-to-earnings ratio of 17.42, a P/E/G ratio of 2.81 and a beta of 0.32. ConocoPhillips has a 1-year low of $79.88 and a 1-year high of $113.80. The firm’s 50-day moving average price is $99.89 and its two-hundred day moving average price is $94.78.

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

ConocoPhillips Announces Dividend

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

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Regulatory/political developments may help COP’s big Alaska Willow project — lawmakers probed environmental groups that challenged Willow, a move investors may view as reducing litigation risk for a major future producer. GOP Targets Environmental Groups Over $9 Billion Oil Project
• Positive Sentiment: Analyst coverage remains constructive: COP carries a consensus “Moderate Buy” rating and some outlets continue to tout it as a long‑term oil pick, supporting investor confidence in cash flow outlooks. ConocoPhillips (NYSE:COP) Given Consensus Rating of “Moderate Buy” by Analysts
• Positive Sentiment: Stock recently hit a 52‑week high, reflecting strong momentum and investor demand over the past quarter — a technical positive that can underpin valuation conversations. Conocophillips stock hits 52-week high at 113.0 USD
• Neutral Sentiment: Management is reportedly weighing a sale of Permian Basin assets valued at roughly $2 billion as part of portfolio streamlining; that could free cash or signal asset rotation, but impact depends on which assets and how proceeds are used. ConocoPhillips considers selling Permian assets worth $2 billion, Bloomberg News reports
• Neutral Sentiment: Coverage from financial outlets is re‑examining valuation after recent gains — analysts and writers are split on whether current prices fully reflect growth and cash‑flow expectations, keeping sentiment mixed. Assessing ConocoPhillips (COP) Valuation After Recent Share Price Momentum And Mixed Analyst Signals
• Neutral Sentiment: Sector-level dynamics: energy ETFs and upstream producers have shown resilience (e.g., XOP’s notable YTD performance), indicating mixed flows into the group even as oil prices remain subdued. XOP Beats The Odds And Climbs 17.1% Despite Oil Stuck Below $65
• Negative Sentiment: Late‑day weakness across energy names weighed on COP — sector indexes pulled back, which likely pressured ConocoPhillips alongside profit‑taking after recent outperformance. Sector Update: Energy Stocks Decline Late Afternoon
• Negative Sentiment: Underlying fundamentals remain under watch: recent quarterly results missed top‑line and EPS consensus (reported February 5), which keeps some investors cautious on near‑term earnings upside amid a busy M&A/asset‑sale narrative.

ConocoPhillips 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.