ConocoPhillips $COP Shares Sold by Praxis Investment Management Inc.

Praxis Investment Management Inc. trimmed its holdings in shares of ConocoPhillips (NYSE:COP) by 7.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,044 shares of the energy producer’s stock after selling 5,530 shares during the period. Praxis Investment Management Inc.’s holdings in ConocoPhillips were worth $6,557,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. AXA S.A. boosted its stake in shares of ConocoPhillips by 91.1% during the second quarter. AXA S.A. now owns 84,937 shares of the energy producer’s stock valued at $7,622,000 after acquiring an additional 40,499 shares during the last quarter. Sei Investments Co. raised its stake in ConocoPhillips by 6.1% in the 2nd quarter. Sei Investments Co. now owns 784,368 shares of the energy producer’s stock valued at $70,397,000 after purchasing an additional 44,852 shares during the last quarter. BNP Paribas acquired a new position in ConocoPhillips in the 2nd quarter valued at about $33,000. Osterweis Capital Management Inc. purchased a new position in ConocoPhillips in the 2nd quarter valued at about $151,000. Finally, Main Street Financial Solutions LLC lifted its holdings in ConocoPhillips by 53.5% in the 2nd quarter. Main Street Financial Solutions LLC now owns 4,806 shares of the energy producer’s stock valued at $431,000 after purchasing an additional 1,675 shares in the last quarter. 82.36% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on COP shares. 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 report on Friday, February 6th. Royal Bank Of Canada upped their price objective on shares of ConocoPhillips from $118.00 to $152.00 and gave the company an “outperform” rating in a research note on Wednesday, April 8th. Bank of America restated an “underperform” rating and set a $102.00 target price on shares of ConocoPhillips in a research report on Friday, January 16th. Sanford C. Bernstein boosted their price target on ConocoPhillips from $98.00 to $121.00 and gave the company an “outperform” rating in a report on Monday, April 13th. Finally, Morgan Stanley increased their price target on ConocoPhillips from $108.00 to $149.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 28th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, ConocoPhillips presently has an average rating of “Moderate Buy” and a consensus target price of $133.04.

Insider Activity

In other ConocoPhillips news, EVP Nicholas G. Olds sold 14,522 shares of ConocoPhillips stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $119.36, for a total transaction of $1,733,345.92. Following the transaction, the executive vice president directly owned 12,389 shares of the company’s stock, valued at $1,478,751.04. The trade was a 53.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Timothy A. Leach sold 40,000 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $118.79, for a total transaction of $4,751,600.00. Following the completion of the sale, the director directly owned 411,211 shares of the company’s stock, valued at $48,847,754.69. The trade was a 8.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 734,891 shares of company stock valued at $93,345,692 over the last quarter. 0.09% of the stock is owned by insiders.

Trending Headlines about ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: RBC Capital initiated a Buy on ConocoPhillips, which adds upward pressure via increased institutional interest and a supportive price target. Conocophillips (COP) Receives a Buy from RBC Capital
• Positive Sentiment: Q1 results: COP beat EPS and revenue estimates, showing resilience (profit beat reported across outlets), supporting the case for continued cash returns and share performance. ConocoPhillips Beats Profit Estimates for Q1
• Positive Sentiment: Regulatory win: Approval to expand Sahtu fracking gives COP clearer development runway in Canada, a longer?term production upside. ConocoPhillips gets OK to expand Sahtu fracking
• Positive Sentiment: Analyst stance broadly favorable — consensus called a “Moderate Buy” and several bullish writeups (Zacks, Barchart) highlight above?average growth, cost cuts and strong cash returns. These underpin medium?term support. ConocoPhillips Given Consensus Recommendation of “Moderate Buy”
• Positive Sentiment: Technical/market commentary argues COP has formed a “hammer” and could be a bounce candidate, attracting short?term buyers. Here’s Why ConocoPhillips (COP) Is a Great ‘Buy the Bottom’ Stock Now
• Neutral Sentiment: Comparative rankings: COP has delivered YTD gains but lags/competes with peers (OXY, EOG) in different time frames — useful for relative allocation decisions. Which Oil and Gas Stock Has Dominated in 2026
• Neutral Sentiment: Analyst roundups and commentaries offer mixed takes and detail drivers (operational efficiency, cost cuts) but no consensus shock — keep an eye on revisions. Analysts Offer Insights on Energy Companies
• Negative Sentiment: Guidance headwinds: Management flagged Qatar downtime and higher Surmont royalties in 2026 guidance, trimming production outlook and introducing near?term uncertainty — the main driver of selling pressure today. Earnings Beat And Qatar Downtime Guidance Might Change The Case For Investing In ConocoPhillips (COP)
• Negative Sentiment: Market reaction piece explains why COP is trading down — investors focused on near?term production/guidance risks despite the beat. ConocoPhillips (COP) stock trades down, here is why
• Neutral Sentiment: Peripheral item: a Denver law?firm hire is unlikely to affect COP fundamentals. Will Myer Joins Vinson & Elkins’ Denver Office as Corporate Partner

ConocoPhillips Trading Down 3.7%

Shares of COP opened at $118.80 on Thursday. ConocoPhillips has a twelve month low of $84.28 and a twelve month high of $135.87. The firm has a market capitalization of $144.74 billion, a P/E ratio of 20.17, a price-to-earnings-growth ratio of 1.73 and a beta of 0.14. The company has a current ratio of 1.29, a quick ratio of 1.14 and a debt-to-equity ratio of 0.34. The stock’s fifty day simple moving average is $122.61 and its 200 day simple moving average is $104.92.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings results on Thursday, April 30th. The energy producer reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.72 by $0.17. The firm had revenue of $15.76 billion during the quarter, compared to the consensus estimate of $15.62 billion. ConocoPhillips had a return on equity of 11.39% and a net margin of 12.10%.The firm’s quarterly revenue was down 6.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.09 earnings per share. On average, equities research analysts forecast that ConocoPhillips will post 9.5 earnings per share for the current year.

ConocoPhillips Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 11th will be given a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Monday, May 11th. ConocoPhillips’s dividend payout ratio is 57.05%.

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.