Mizuho Forecasts Strong Price Appreciation for ConocoPhillips (NYSE:COP) Stock

ConocoPhillips (NYSE:COP) had its target price raised by analysts at Mizuho from $121.00 to $136.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an “outperform” rating on the energy producer’s stock. Mizuho’s target price would suggest a potential upside of 10.14% from the stock’s previous close.

Several other brokerages have also recently commented on COP. Susquehanna boosted their price target on ConocoPhillips from $115.00 to $121.00 and gave the company a “positive” rating in a research note on Friday, February 6th. Argus boosted their target price on shares of ConocoPhillips from $111.00 to $128.00 and gave the stock a “strong-buy” rating in a research report on Friday, February 13th. Johnson Rice lowered shares of ConocoPhillips from an “accumulate” rating to a “hold” rating and dropped their price target for the stock from $108.00 to $105.00 in a research note on Friday, December 5th. Sanford C. Bernstein reduced their price objective on shares of ConocoPhillips from $116.00 to $98.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Finally, Piper Sandler upped their price objective on shares of ConocoPhillips from $111.00 to $154.00 and gave the stock an “overweight” rating in a report on Thursday, March 12th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, ConocoPhillips presently has an average rating of “Moderate Buy” and an average target price of $120.38.

ConocoPhillips Stock Up 1.8%

Shares of NYSE:COP traded up $2.16 during trading on Tuesday, reaching $123.48. 3,478,108 shares of the company traded hands, compared to its average volume of 9,374,217. The firm has a fifty day simple moving average of $107.06 and a 200 day simple moving average of $97.09. The firm has a market cap of $152.59 billion, a P/E ratio of 19.46, a price-to-earnings-growth ratio of 2.89 and a beta of 0.27. ConocoPhillips has a 1-year low of $79.88 and a 1-year high of $123.96. 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 (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 company had revenue of $13.86 billion during the quarter, compared to analyst estimates of $14.35 billion. During the same period last year, the company posted $1.98 earnings per share. The company’s revenue was down 3.7% compared to the same quarter last year. Analysts anticipate that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

Insider Activity

In other news, SVP Andrew D. Lundquist sold 34,500 shares of the business’s stock in a transaction dated Friday, March 13th. The shares were 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 in the company, valued at approximately $2,090,689.92. The trade was a 66.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Ryan Michael Lance sold 500,708 shares of the company’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $92.50, for a total transaction of $46,315,490.00. Following the transaction, the chief executive officer directly owned 325,972 shares of the company’s stock, valued at $30,152,410. This represents a 60.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 600,884 shares of company stock worth $58,250,367. Corporate insiders own 0.24% of the company’s stock.

Hedge Funds Weigh In On ConocoPhillips

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. World Investment Advisors grew its stake in shares of ConocoPhillips by 3.9% in the 4th quarter. World Investment Advisors now owns 75,617 shares of the energy producer’s stock valued at $7,078,000 after purchasing an additional 2,821 shares during the period. Larry Mathis Financial Planning LLC acquired a new position in shares of ConocoPhillips in the 4th quarter worth approximately $470,000. Union Savings Bank bought a new position in shares of ConocoPhillips during the 4th quarter worth approximately $148,000. Hsbc Holdings PLC boosted its stake in ConocoPhillips by 7.4% in the 4th quarter. Hsbc Holdings PLC now owns 2,992,999 shares of the energy producer’s stock valued at $280,192,000 after buying an additional 207,459 shares in the last quarter. Finally, Redwood Family Wealth LLC acquired a new stake in ConocoPhillips in the 4th quarter valued at $326,000. 82.36% of the stock is currently owned by institutional investors.

ConocoPhillips News Roundup

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Analyst support: Barclays raised its price target to $128 and moved to an “overweight” stance, providing near-term analyst-backed upside. Barclays lifts PT
• Positive Sentiment: Strong buy-side targets: Piper Sandler raised its COP target substantially (to $154 from $111), a bullish signal that can attract institutional buying. Piper Sandler raises target
• Positive Sentiment: Macro support: Oil prices jumped on doubts about a fully-formed coalition to secure the Strait of Hormuz, which typically boosts upstream E&P cash flows and benefits producers like COP. Oil jumps on Hormuz concerns
• Positive Sentiment: Corporate/strategic headlines: Coverage noted COP hitting a 52-week high and reports that Goldman Sachs is adding COP to conviction lists as a potential ~$2B Permian asset sale is explored—both pro-growth and capital-return implications. Blockonomi: 52-week high, Permian sale
• Neutral Sentiment: Mixed analyst view: Bank of America raised its price recommendation to $120 but kept an Underperform rating, reflecting divergence among sell‑side views. BofA raises target but keeps Underperform
• Neutral Sentiment: Consensus context: The Street’s consensus remains around a “Moderate Buy” with average targets near current levels, so analyst action is re‑rating rather than uniform acceleration.
• Negative Sentiment: Large insider selling: EVP Nicholas Olds disclosed a sale of ~14,522 shares (≈53.96% reduction of his holdings), a material insider disposition that can create short-term selling pressure. Olds insider sale
• Negative Sentiment: Additional senior-level sales: SVP Andrew Lundquist sold ~34,500 shares (~66% cut) and SVP Heather Hrap sold ~2,654 shares (~31.9% cut), reinforcing the pattern of executive profit-taking this week. Lundquist insider sale Hrap insider sale

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.