Freedom Capital downgraded shares of ConocoPhillips (NYSE:COP – Free Report) from a strong-buy rating to a hold rating in a report published on Wednesday,Zacks.com reports.
Several other research analysts also recently issued reports on COP. UBS Group upped their price objective on ConocoPhillips from $130.00 to $144.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Jefferies Financial Group boosted their target price on shares of ConocoPhillips from $129.00 to $160.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Piper Sandler upped their price target on shares of ConocoPhillips from $154.00 to $157.00 and gave the company an “overweight” rating in a research report on Wednesday, April 8th. Capital One Financial raised their price target on shares of ConocoPhillips from $116.00 to $156.00 and gave the company an “equal weight” rating in a research note on Thursday, March 26th. Finally, Bank of America reiterated an “underperform” rating and set a $102.00 price target on shares of ConocoPhillips in a report on Friday, January 16th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $133.04.
Read Our Latest Stock Report on ConocoPhillips
ConocoPhillips Trading Down 3.4%
ConocoPhillips (NYSE:COP – Get Free Report) last issued its earnings results on Thursday, April 30th. The energy producer reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.72 by $0.17. ConocoPhillips had a return on equity of 11.39% and a net margin of 12.10%.The business had revenue of $15.76 billion during the quarter, compared to analysts’ expectations of $15.62 billion. During the same quarter in the prior year, the firm earned $2.09 EPS. The business’s revenue for the quarter was down 6.1% compared to the same quarter last year. As a group, sell-side analysts predict that ConocoPhillips will post 9.5 EPS for the current fiscal year.
ConocoPhillips Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 11th will be issued a dividend of $0.84 per share. The ex-dividend date is Monday, May 11th. This represents a $3.36 annualized dividend and a yield of 2.9%. ConocoPhillips’s dividend payout ratio (DPR) is presently 57.05%.
Insider Transactions at ConocoPhillips
In other news, EVP Nicholas G. Olds sold 14,522 shares of the company’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $119.36, for a total value of $1,733,345.92. Following the sale, the executive vice president directly owned 12,389 shares of the company’s stock, valued at approximately $1,478,751.04. This represents a 53.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Ryan Michael Lance sold 506,800 shares of the stock in a transaction on Friday, March 20th. The stock was sold at an average price of $127.26, for a total transaction of $64,495,368.00. Following the sale, the chief executive officer owned 6,835 shares of the company’s stock, valued at approximately $869,822.10. This trade represents a 98.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 734,891 shares of company stock worth $93,345,692. Company insiders own 0.09% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the business. Capital International Investors grew its stake in ConocoPhillips by 18.2% during the third quarter. Capital International Investors now owns 45,645,397 shares of the energy producer’s stock worth $4,318,239,000 after purchasing an additional 7,037,873 shares during the period. AQR Capital Management LLC lifted its stake in ConocoPhillips by 229.2% in the fourth quarter. AQR Capital Management LLC now owns 3,595,177 shares of the energy producer’s stock valued at $336,544,000 after buying an additional 2,503,156 shares during the period. Primecap Management Co. CA boosted its holdings in shares of ConocoPhillips by 31.3% during the 3rd quarter. Primecap Management Co. CA now owns 10,351,010 shares of the energy producer’s stock worth $979,102,000 after buying an additional 2,467,555 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of ConocoPhillips by 6.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 41,450,162 shares of the energy producer’s stock worth $3,880,151,000 after buying an additional 2,350,645 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of ConocoPhillips by 20.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 12,994,674 shares of the energy producer’s stock worth $1,228,886,000 after buying an additional 2,216,010 shares during the period. 82.36% of the stock is owned by institutional investors.
More ConocoPhillips News
Here are the key news stories impacting ConocoPhillips this week:
- Positive Sentiment: Norway approves ConocoPhillips’ development and operating plans for Greater Ekofisk, expected to increase gas deliveries to Europe and support medium?term production and cash flow. ConocoPhillips gets Norway’s nod to restart fields, boost Europe gas supply
- Positive Sentiment: RBC Capital has issued a Buy on COP, adding institutional backing that can help underpin the stock during near?term volatility. Conocophillips (COP) Receives a Buy from RBC Capital
- Positive Sentiment: ConocoPhillips beat Q1 EPS and revenue estimates, highlights include drilling efficiency, strong WTI realizations and announced cost savings — factors that support earnings and cash returns. ConocoPhillips After Q1 Earnings: Is the Oil Giant Still a Buy?
- Positive Sentiment: Analyst consensus sits around a “Moderate Buy,” signalling broad institutional confidence despite recent headwinds. ConocoPhillips Given Consensus Recommendation of “Moderate Buy”
- Neutral Sentiment: Several analyst pieces and screening interest (Zacks trending/growth writeups) have put COP in focus; this drives volume and short?term attention but doesn’t change fundamentals immediately. Here is What to Know Beyond Why ConocoPhillips (COP) is a Trending Stock
- Neutral Sentiment: Macro/geopolitical stories (analysis of Iran?related oil spike scenarios) keep crude volatility on investors’ radars; these can swing sentiment but are uncertain. Trump Admits “I Expected Oil to Hit $200” Over Iran— Here’s How Close Investors Came to Disaster
- Negative Sentiment: Management updated 2026 guidance to reflect Qatar downtime and higher Surmont royalties; lower near?term production and guidance revisions are pressuring the stock and prompted today’s pullback. Earnings Beat And Qatar Downtime Guidance Might Change The Case For Investing In ConocoPhillips (COP)
About ConocoPhillips
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.
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