Dimensional Fund Advisors LP Decreases Position in ConocoPhillips $COP

Dimensional Fund Advisors LP reduced its stake in ConocoPhillips (NYSE:COP) by 1.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 11,183,429 shares of the energy producer’s stock after selling 147,244 shares during the period. Dimensional Fund Advisors LP’s holdings in ConocoPhillips were worth $1,057,953,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Primecap Management Co. CA grew its position 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 buying an additional 3,135,315 shares during the last quarter. Ameriprise Financial Inc. boosted its stake 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 acquiring an additional 2,575,803 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of 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 increased its position in shares of ConocoPhillips by 8,148.3% during the second quarter. Laurel Wealth Advisors LLC now owns 917,788 shares of the energy producer’s stock worth $82,362,000 after purchasing an additional 906,661 shares in the last quarter. Finally, Adage Capital Partners GP L.L.C. lifted its holdings in shares of ConocoPhillips by 18.0% in the 2nd 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 during the last quarter. Institutional investors and hedge funds own 82.36% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on COP. UBS Group reaffirmed a “buy” rating and set a $130.00 price target on shares of ConocoPhillips in a research report on Monday, February 9th. Citigroup raised their target price on shares of ConocoPhillips from $125.00 to $135.00 and gave the stock a “buy” rating in a research report on Monday. Bank of America reiterated an “underperform” rating and issued a $102.00 price target on shares of ConocoPhillips in a research report on Friday, January 16th. Wells Fargo & Company increased their price target on shares of ConocoPhillips from $132.00 to $133.00 and gave the stock an “overweight” rating in a research note on Friday, February 6th. Finally, Mizuho lifted their price objective on shares of ConocoPhillips from $120.00 to $121.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, ConocoPhillips has an average rating of “Moderate Buy” and an average price target of $116.96.

Insider Transactions at ConocoPhillips

In other news, CEO Ryan Michael Lance sold 500,708 shares of the firm’s stock in a transaction that occurred 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 sale, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.24% of the company’s stock.

Key ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Goldman Sachs added ConocoPhillips to its US “conviction list,” signaling institutional conviction in COP as a capital-intensive, AI-resistant beneficiary of a market rotation into energy. Article Title
• Positive Sentiment: Two banks raised price targets and kept bullish ratings (BMO: $130 outperform; Citi: $135 buy), providing explicit upside guidance that can attract buyers and support momentum. Article Title Article Title
• Positive Sentiment: Geopolitical escalation (US/Israel strikes on Iran) pushed WTI higher and sparked a sector-wide rally; ConocoPhillips is benefiting as an upstream producer with North American exposure. Article Title
• Positive Sentiment: The shares hit a 52-week high amid the rally, reinforcing momentum and drawing more investor attention. Article Title
• Positive Sentiment: Reports that ConocoPhillips is exploring selective Permian asset sales (~$2B) and expanding divestitures support a leaner portfolio and potentially higher shareholder returns or accelerated buybacks/dividends. Article Title
• Neutral Sentiment: Analyst commentary and media pieces highlight long-term upside via rising free cash flow (projects like Willow) and bullish scenario analysis — supportive but forward-looking and dependent on oil prices/stage-of-project execution. Article Title
• Negative Sentiment: Options activity commentary (sell covered calls) suggests some investors are taking profits and monetizing the rally, which can cap near-term upside and increase short-term volatility. Article Title

ConocoPhillips Stock Performance

NYSE:COP opened at $118.57 on Wednesday. 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 firm has a market cap of $146.52 billion, a price-to-earnings ratio of 18.70, a price-to-earnings-growth ratio of 3.00 and a beta of 0.27. The firm’s fifty day moving average price is $102.72 and its 200 day moving average price is $95.71. ConocoPhillips has a 1-year low of $79.88 and a 1-year high of $122.50.

ConocoPhillips (NYSE:COP) last released 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 return on equity of 11.90% and a net margin of 12.98%.The firm’s revenue was down 3.7% on a year-over-year basis. During the same quarter last year, the business posted $1.98 EPS. On average, sell-side analysts expect that ConocoPhillips will post 8.16 EPS for the current year.

ConocoPhillips Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Wednesday, February 18th were given a dividend of $0.84 per share. The ex-dividend date was Wednesday, February 18th. This represents a $3.36 annualized dividend and a yield of 2.8%. ConocoPhillips’s payout ratio is presently 53.00%.

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.