Connors Investor Services Inc. Has $1.70 Million Stock Position in ConocoPhillips $COP

Connors Investor Services Inc. reduced its stake in ConocoPhillips (NYSE:COP) by 56.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,010 shares of the energy producer’s stock after selling 23,214 shares during the period. Connors Investor Services Inc.’s holdings in ConocoPhillips were worth $1,704,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in COP. Howard Hughes Medical Institute bought a new stake in ConocoPhillips in the second quarter valued at about $25,000. Cloud Capital Management LLC bought a new position in ConocoPhillips during the third quarter worth about $26,000. Strive Asset Management LLC bought a new position in ConocoPhillips during the third quarter worth about $28,000. Cedar Mountain Advisors LLC grew its position in shares of ConocoPhillips by 58.0% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 316 shares of the energy producer’s stock worth $30,000 after buying an additional 116 shares during the period. Finally, BNP Paribas bought a new stake in shares of ConocoPhillips in the 2nd quarter valued at about $33,000. 82.36% of the stock is owned by institutional investors and hedge funds.

ConocoPhillips Trading Up 1.3%

NYSE COP opened at $122.85 on Wednesday. ConocoPhillips has a one year low of $79.88 and a one year high of $123.96. 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 $151.81 billion, a P/E ratio of 19.38, a P/E/G ratio of 2.88 and a beta of 0.27. The stock’s 50-day moving average is $107.58 and its 200-day moving average is $97.26.

ConocoPhillips (NYSE:COP) last issued its quarterly earnings data on Thursday, February 5th. The energy producer reported $1.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.23 by ($0.21). ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. The business had revenue of $13.86 billion during the quarter, compared to analyst estimates of $14.35 billion. During the same quarter in the prior year, the firm posted $1.98 earnings per share. ConocoPhillips’s revenue for the quarter was down 3.7% compared to the same quarter last year. Sell-side analysts anticipate that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Wednesday, February 18th were issued a $0.84 dividend. This represents a $3.36 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Wednesday, February 18th. ConocoPhillips’s dividend payout ratio is 53.00%.

Analysts Set New Price Targets

COP has been the topic of a number of analyst reports. Argus increased their price target on shares of ConocoPhillips from $111.00 to $128.00 and gave the company a “strong-buy” rating in a research report on Friday, February 13th. Wolfe Research boosted their price objective on shares of ConocoPhillips from $122.00 to $123.00 and gave the company an “outperform” rating in a report on Monday, January 26th. Raymond James Financial upped their target price on shares of ConocoPhillips from $113.00 to $118.00 and gave the company an “outperform” rating in a research note on Wednesday, February 11th. Sanford C. Bernstein cut their target price on shares of ConocoPhillips from $116.00 to $98.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Finally, The Goldman Sachs Group lifted their price target on shares of ConocoPhillips from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $120.38.

Key ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Analysts raised long-term oil assumptions and reiterated bullish views on COP, citing the company’s strong leverage to crude and its 2026 production/guidance and capital-discipline commitments (including ~$1.0B cost reductions and sizable shareholder returns). Higher Oil Assumptions And Geopolitical Risk Might Change The Case For Investing In ConocoPhillips (COP)
• Positive Sentiment: Mizuho, Barclays and Piper Sandler (among others) lifted price targets—Mizuho to $136, Barclays to $128 and Piper Sandler more aggressively toward $154—giving fresh analyst support that can attract buying from institutions. Mizuho/Benzinga coverage
• Positive Sentiment: Oil-price upside from Strait-of-Hormuz shipping risk and uncertainty around a U.S.-led protection coalition is boosting energy-sector momentum, which typically flows to upstream producers like COP. Oil jumps over 2% as doubts linger over U.S.-backed plan to protect Strait of Hormuz shipping
• Neutral Sentiment: Bank of America raised its price target to $120 but kept an Underperform rating, illustrating mixed analyst views despite higher oil assumptions. Bank of America and Barclays Update ConocoPhillips (COP) Targets on Oil Outlook Shift
• Neutral Sentiment: Smaller operational notices and sector roundup pieces (e.g., lists of oil stocks that benefit from rising crude) support sector interest but are not COP-specific drivers. 5 Oil and Gas Stocks That Benefit From Soaring Crude Prices
• Negative Sentiment: Material insider selling disclosed this week: EVP Nicholas Olds sold 14,522 shares, SVP Andrew Lundquist sold 34,500 shares and SVP Heather Hrap sold 2,654 shares—large, clustered executive sales that can weigh on sentiment and raise questions on timing. Nicholas Olds insider sale
• Negative Sentiment: Additional coverage highlighted insider sales and asked whether profit-taking signals concerns around capital returns or near-term outlook, a potential short-term headwind for the stock. ConocoPhillips Insider Sales Stir Questions On Capital Returns And Outlook

Insider Buying and Selling

In related news, CEO Ryan Michael Lance sold 500,708 shares of the business’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $92.50, for a total value of $46,315,490.00. Following the sale, the chief executive officer directly owned 325,972 shares of the company’s stock, valued at approximately $30,152,410. The trade was a 60.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Nicholas G. Olds sold 14,522 shares of the stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $119.36, for a total value of $1,733,345.92. Following the transaction, the executive vice president owned 12,389 shares of the company’s stock, valued at approximately $1,478,751.04. This trade represents a 53.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 600,884 shares of company stock valued at $58,250,367. 0.24% of the stock is owned by corporate 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.