ConocoPhillips $COP Stock: Kestra Investment Management LLC Cuts Holdings

Kestra Investment Management LLC reduced its stake in ConocoPhillips (NYSE:COP) by 52.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,537 shares of the energy producer’s stock after selling 4,965 shares during the quarter. Kestra Investment Management LLC’s holdings in ConocoPhillips were worth $568,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. AlphaCore Capital LLC lifted its position in ConocoPhillips by 53.2% during the 3rd quarter. AlphaCore Capital LLC now owns 20,120 shares of the energy producer’s stock worth $2,518,000 after acquiring an additional 6,990 shares during the period. Fulcrum Asset Management LLP grew its stake in ConocoPhillips by 11,958.3% during the 3rd quarter. Fulcrum Asset Management LLP now owns 5,788 shares of the energy producer’s stock valued at $726,000 after purchasing an additional 5,740 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of ConocoPhillips by 3.5% in the third quarter. Allspring Global Investments Holdings LLC now owns 840,683 shares of the energy producer’s stock valued at $106,817,000 after purchasing an additional 28,267 shares during the period. StoneRidge PMG Advisors LLC acquired a new position in shares of ConocoPhillips in the third quarter valued at about $284,000. Finally, Beverly Hills Private Wealth LLC increased its holdings in shares of ConocoPhillips by 37.2% in the third quarter. Beverly Hills Private Wealth LLC now owns 3,310 shares of the energy producer’s stock valued at $414,000 after purchasing an additional 898 shares during the period. 82.36% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, SVP Andrew Lundquist sold 9,487 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $135.15, for a total transaction of $1,282,168.05. Following the completion of the sale, the senior vice president directly owned 9,593 shares in the company, valued at approximately $1,296,493.95. This trade represents a 49.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.09% of the company’s stock.

ConocoPhillips Trading Up 1.6%

COP stock opened at $137.75 on Thursday. The company’s 50-day simple moving average is $137.10 and its 200-day simple moving average is $122.68. The company has a quick ratio of 1.37, a current ratio of 1.52 and a debt-to-equity ratio of 0.34. ConocoPhillips has a 52-week low of $85.70 and a 52-week high of $154.28. The firm has a market cap of $162.87 billion, a P/E ratio of 14.47, a PEG ratio of 1.25 and a beta of 0.16.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings data on Thursday, November 5th. The energy producer reported $3.27 EPS for the quarter, beating analysts’ consensus estimates of $3.05 by $0.22. The business had revenue of $19.43 billion during the quarter, compared to analysts’ expectations of $18.59 billion. ConocoPhillips had a return on equity of 17.60% and a net margin of 16.55%. The business’s revenue was up 29.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.61 earnings per share. As a group, equities analysts forecast that ConocoPhillips will post 12.09 EPS for the current fiscal year.

ConocoPhillips Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Monday, November 16th will be given a dividend of $0.93 per share. The ex-dividend date is Monday, November 16th. This is a positive change from ConocoPhillips’s previous quarterly dividend of $0.84. This represents a $3.72 dividend on an annualized basis and a yield of 2.7%. ConocoPhillips’s dividend payout ratio (DPR) is 39.08%.

More ConocoPhillips News

Investors following COP have been watching these news items:

• Positive Sentiment: ConocoPhillips raised its quarterly dividend by 10.7%, adding to shareholder returns. The increase is encouraging, though investors will weigh whether free cash flow can sustain the payout. Article: ConocoPhillips Just Raised Its Dividend 10.7%. Does Its Free Cash Flow Cover the 2.5% Yield?
• Positive Sentiment: Q3 2026 revenue and adjusted profit exceeded analyst expectations, with sales up 29.2% year over year. The results provide a solid near-term earnings backdrop. Article: COP Q3 2026 deep dive
• Neutral Sentiment: The company expects to spend modestly less on capital projects in 2027 while pursuing production growth through low-cost assets and efficiency gains. This could support cash flow, but investors will look for evidence that the plan can deliver growth despite lower spending. Article: Can ConocoPhillips Sustain Future Production Growth With Lower CapEx?

Analyst Ratings Changes

COP has been the subject of a number of research reports. Raymond James Financial reaffirmed an “outperform” rating and set a $170.00 target price on shares of ConocoPhillips in a report on Monday, November 2nd. Barclays dropped their target price on ConocoPhillips from $155.00 to $150.00 and set an “overweight” rating on the stock in a research report on Monday, August 17th. Morgan Stanley increased their price target on shares of ConocoPhillips from $151.00 to $159.00 and gave the stock an “overweight” rating in a report on Thursday, October 15th. Freedom Capital raised shares of ConocoPhillips from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Finally, UBS Group restated an “outperform” rating on shares of ConocoPhillips in a research note on Monday, November 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, ConocoPhillips currently has an average rating of “Moderate Buy” and an average price target of $144.69.

ConocoPhillips Profile

ConocoPhillips is an independent exploration and production company focused on finding, developing and producing oil and natural gas. Its products include crude oil, natural gas, liquefied natural gas and natural gas liquids. The company operates in several regions, including North America, Europe, the Middle East, North Africa and the Asia-Pacific. Its activities span exploration, development and production, with a portfolio that includes both conventional and unconventional resources. ConocoPhillips was formed in 2002 through the merger of Conoco and Phillips Petroleum.