ConocoPhillips $COP Stake Boosted by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. increased its stake in ConocoPhillips (NYSE:COP) by 4.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 161,807 shares of the energy producer’s stock after acquiring an additional 6,413 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in ConocoPhillips were worth $15,305,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in COP. Brave Asset Management Inc. lifted its holdings in ConocoPhillips by 6.1% in the 2nd quarter. Brave Asset Management Inc. now owns 5,633 shares of the energy producer’s stock valued at $506,000 after acquiring an additional 324 shares during the last quarter. Meyer Handelman Co. lifted its stake in ConocoPhillips by 0.7% during the second quarter. Meyer Handelman Co. now owns 153,507 shares of the energy producer’s stock valued at $13,776,000 after purchasing an additional 1,119 shares during the last quarter. American National Bank & Trust boosted its holdings in ConocoPhillips by 4.3% during the second quarter. American National Bank & Trust now owns 4,874 shares of the energy producer’s stock worth $437,000 after buying an additional 200 shares in the last quarter. Legend Financial Advisors Inc. acquired a new position in ConocoPhillips in the second quarter worth approximately $62,000. Finally, Novem Group increased its holdings in shares of ConocoPhillips by 7.3% in the second quarter. Novem Group now owns 50,098 shares of the energy producer’s stock valued at $4,496,000 after buying an additional 3,404 shares in the last quarter. 82.36% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

COP has been the topic of a number of recent research reports. Jefferies Financial Group restated a “buy” rating on shares of ConocoPhillips in a report on Monday, December 15th. Evercore ISI cut their price objective on ConocoPhillips from $115.00 to $111.00 and set an “outperform” rating on the stock in a report on Monday, October 6th. Bank of America reiterated an “underperform” rating and issued a $102.00 target price on shares of ConocoPhillips in a report on Friday, January 16th. Barclays cut their price target on shares of ConocoPhillips from $122.00 to $118.00 and set an “overweight” rating on the stock in a report on Tuesday, October 7th. Finally, Sanford C. Bernstein decreased 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. Sixteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $110.61.

Insider Transactions at ConocoPhillips

In other ConocoPhillips news, CEO Ryan Michael Lance sold 500,708 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $92.50, for a total value of $46,315,490.00. Following the sale, the chief executive officer owned 325,972 shares of the company’s stock, valued at $30,152,410. This trade represents a 60.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director William H. Mcraven purchased 5,768 shares of the company’s stock in a transaction on Monday, November 10th. The stock was acquired at an average cost of $86.68 per share, for a total transaction of $499,970.24. Following the completion of the transaction, the director owned 5,768 shares in the company, valued at approximately $499,970.24. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.24% of the company’s stock.

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Raymond James raised its price target to $113 and kept an “outperform” rating, signaling expected upside and reinforcing buy-side sentiment. Raymond James adjusts price target on ConocoPhillips to $113
• Positive Sentiment: Goldman Sachs lifted its target to $115 and kept a “buy” rating, adding credibility to the view that COP shares have meaningful upside vs. current levels. Goldman Sachs adjusts price target on ConocoPhillips to $115
• Positive Sentiment: Another price-target bump to $116 was reported, adding to analyst-driven momentum and providing a near-term valuation anchor for investors. ConocoPhillips (NYSE:COP) Price Target Raised to $116.00
• Positive Sentiment: Company commentary at industry events emphasized continued Permian growth — management said the Permian “will keep filling the tank,” reinforcing production-growth expectations that support revenue and cash-flow forecasts. ConocoPhillips: Permian will “keep filling the tank”
• Positive Sentiment: Executives urged greater water reuse and new power lines in the Permian — operational measures that can lower costs, expand drilling efficiency and de-risk growth, which investors view favorably. ConocoPhillips leaders see more Permian gains, urge water reuse and new power lines
• Positive Sentiment: Coverage of the 2026 State of Oil & Gas in Midland highlighted industry tailwinds and operational plans that benefit major Permian operators like COP. 2026 State of Oil and Gas hosted in Midland brings insight on new year operations
• Neutral Sentiment: A Zacks piece reviews Wall Street analysts’ recommendations on COP and notes generally optimistic broker views — helpful context but not a fresh catalyst by itself. Is ConocoPhillips (COP) a Buy as Wall Street Analysts Look Optimistic?
• Negative Sentiment: JPMorgan downgraded COP from Overweight to Neutral, which could temper upside for the stock and offset some of the bullish analyst moves. ConocoPhillips (NYSE:COP) Earns “Neutral” Rating from JPMorgan Chase & Co.

ConocoPhillips Stock Up 1.5%

Shares of ConocoPhillips stock opened at $98.34 on Friday. The stock has a 50-day simple moving average of $93.40 and a 200-day simple moving average of $93.03. ConocoPhillips has a 52-week low of $79.88 and a 52-week high of $106.20. The firm has a market cap of $121.52 billion, a price-to-earnings ratio of 13.91, a P/E/G ratio of 2.86 and a beta of 0.32. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.32 and a quick ratio of 1.18.

ConocoPhillips (NYSE:COP) last announced its earnings results on Thursday, November 6th. The energy producer reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.20. The firm had revenue of $15.03 billion during the quarter, compared to analysts’ expectations of $14.51 billion. ConocoPhillips had a return on equity of 13.64% and a net margin of 14.25%.During the same quarter in the prior year, the business earned $1.78 earnings per share. The company’s revenue was up 14.1% on a year-over-year basis. On average, equities research analysts expect that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were given a $0.84 dividend. This is an increase from ConocoPhillips’s previous quarterly dividend of $0.78. This represents a $3.36 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend was Monday, November 17th. ConocoPhillips’s dividend payout ratio (DPR) is 47.52%.

ConocoPhillips 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.