Erste Asset Management GmbH Raises Holdings in ConocoPhillips $COP

Erste Asset Management GmbH boosted its stake in ConocoPhillips (NYSE:COP) by 22.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 30,918 shares of the energy producer’s stock after purchasing an additional 5,706 shares during the period. Erste Asset Management GmbH’s holdings in ConocoPhillips were worth $2,966,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Primecap Management Co. CA increased 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 valued at $707,461,000 after acquiring an additional 3,135,315 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in ConocoPhillips by 31.4% in the second quarter. Ameriprise Financial Inc. now owns 10,778,664 shares of the energy producer’s stock valued at $966,267,000 after buying an additional 2,575,803 shares in the last quarter. First Trust Advisors LP raised its holdings in ConocoPhillips by 146.6% during the second quarter. First Trust Advisors LP now owns 2,315,757 shares of the energy producer’s stock worth $207,816,000 after purchasing an additional 1,376,509 shares during the last quarter. Laurel Wealth Advisors LLC raised its stake in shares of ConocoPhillips by 8,148.3% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 917,788 shares of the energy producer’s stock worth $82,362,000 after buying an additional 906,661 shares during the last quarter. Finally, Adage Capital Partners GP L.L.C. lifted its holdings in shares of ConocoPhillips by 18.0% in the second quarter. Adage Capital Partners GP L.L.C. now owns 4,565,154 shares of the energy producer’s stock valued at $409,677,000 after purchasing an additional 697,700 shares in the last quarter. Institutional investors and hedge funds own 82.36% of the company’s stock.

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: UBS raised its price target to $130 (from $120) and reiterated a Buy rating, citing progress on the Willow project and longer‑term growth potential — a bullish analyst signal that supports higher valuations. ConocoPhillips (COP) Stock Gains UBS Confidence as Willow Project Advances
• Positive Sentiment: Crude oil rallied (Brent above $70) on renewed U.S.–Iran tensions, which tends to lift E&P producers’ revenue and cash flow potential — a direct tailwind for COP. Oil Price Tops $70 Amid Trump, Iran Fears. Where It Goes From Here.
• Neutral Sentiment: Media pieces note that brokerage consensus remains favorable (average brokerage recommendation supportive), which can sustain demand but also reflects already priced‑in optimism. Brokers Suggest Investing in ConocoPhillips (COP): Read This Before Placing a Bet
• Neutral Sentiment: Zacks and other outlets flag COP as a highly searched/monitored stock — increased attention can boost liquidity and volatility but doesn’t guarantee direction. ConocoPhillips (COP) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Bloomberg reported ConocoPhillips is exploring sales of some Permian assets — could be value‑unlocking but may reduce growth/production exposure; impact depends on deal size and use of proceeds. ConocoPhillips Looks to Sell Assets in the Permian Basin
• Negative Sentiment: COP’s most recent quarter missed expectations (EPS and revenue down year‑over‑year), highlighting near‑term earnings pressure that can cap multiple expansion until margins recover.
• Negative Sentiment: Analyst commentary notes COP has underperformed the S&P 500 over the past year, which keeps some investors cautious on growth prospects versus alternatives. Is ConocoPhillips Stock Underperforming the S&P 500?

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Raymond James Financial boosted their price target on ConocoPhillips from $113.00 to $118.00 and gave the company an “outperform” rating in a report on Wednesday, February 11th. Bank of America reiterated an “underperform” rating and set a $102.00 target price on shares of ConocoPhillips in a report on Friday, January 16th. Susquehanna raised their target price on ConocoPhillips from $115.00 to $121.00 and gave the company a “positive” rating in a research note on Friday, February 6th. 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 note on Friday, January 23rd. Finally, Wall Street Zen lowered ConocoPhillips from a “hold” rating to a “sell” rating in a research report on Saturday, February 21st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $115.92.

ConocoPhillips Price Performance

COP opened at $113.32 on Friday. 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 $113.80. The stock has a fifty day moving average of $101.70 and a 200-day moving average of $95.39. The firm has a market capitalization of $140.03 billion, a P/E ratio of 17.87, a PEG ratio of 2.88 and a beta of 0.32.

ConocoPhillips (NYSE:COP) last posted its quarterly 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). ConocoPhillips had a return on equity of 11.90% and a net margin of 12.98%.The firm had revenue of $13.86 billion for the quarter, compared to analysts’ expectations of $14.35 billion. During the same period last year, the business earned $1.98 earnings per share. The firm’s revenue for the quarter was down 3.7% on a year-over-year basis. Equities analysts forecast that ConocoPhillips will post 8.16 EPS for the current fiscal year.

ConocoPhillips Announces Dividend

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

Insider Buying and Selling

In related news, CEO Ryan Michael Lance sold 500,708 shares of the firm’s stock in a transaction on 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 directly owned 325,972 shares of the company’s stock, valued at $30,152,410. This trade 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 available through this hyperlink. 0.24% of the stock is currently owned by company insiders.

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.