ConocoPhillips (NYSE:COP) Price Target Raised to $103.00 at JPMorgan Chase & Co.

ConocoPhillips (NYSE:COP) had its target price raised by JPMorgan Chase & Co. from $98.00 to $103.00 in a research note issued to investors on Friday morning,MarketScreener reports. They currently have a neutral rating on the energy producer’s stock.

A number of other equities research analysts have also commented on the stock. BMO Capital Markets upped their price objective on shares of ConocoPhillips from $105.00 to $115.00 and gave the company an “outperform” rating in a research note on Friday. Capital One Financial boosted their target price on shares of ConocoPhillips from $111.00 to $116.00 and gave the company an “equal weight” rating in a report on Tuesday, January 20th. Jefferies Financial Group reaffirmed a “buy” rating on shares of ConocoPhillips in a research report on Monday, December 15th. Roth Mkm reissued a “buy” rating and issued a $112.00 price objective on shares of ConocoPhillips in a research report on Thursday. Finally, Sanford C. Bernstein dropped their price objective on ConocoPhillips from $116.00 to $98.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Seventeen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $113.43.

ConocoPhillips Trading Up 2.6%

Shares of COP stock opened at $107.69 on Friday. ConocoPhillips has a 1-year low of $79.88 and a 1-year high of $108.43. The company has a current ratio of 1.30, a quick ratio of 1.18 and a debt-to-equity ratio of 0.35. The stock has a market cap of $133.07 billion, a price-to-earnings ratio of 16.99 and a beta of 0.32. The stock has a 50-day moving average of $96.50 and a 200-day moving average of $93.72.

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

ConocoPhillips Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Wednesday, February 18th will be paid a $0.84 dividend. The ex-dividend date is Wednesday, February 18th. This represents a $3.36 annualized dividend and a dividend yield of 3.1%. ConocoPhillips’s dividend payout ratio (DPR) is currently 47.52%.

Insider Transactions at ConocoPhillips

In related news, CEO Ryan Michael Lance sold 500,708 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 325,972 shares of the company’s stock, valued at $30,152,410. The trade was a 60.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director William H. Mcraven purchased 5,768 shares of the business’s stock in a transaction on Monday, November 10th. The stock was purchased at an average price of $86.68 per share, for a total transaction of $499,970.24. Following the acquisition, the director owned 5,768 shares of the company’s stock, valued at approximately $499,970.24. This represents a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 0.24% of the company’s stock.

Institutional Trading of ConocoPhillips

A number of hedge funds and other institutional investors have recently bought and sold shares of COP. Capital International Investors lifted its stake in shares of ConocoPhillips by 18.2% in the third quarter. Capital International Investors now owns 45,645,397 shares of the energy producer’s stock valued at $4,318,239,000 after buying an additional 7,037,873 shares in the last quarter. Primecap Management Co. CA raised its holdings in shares of ConocoPhillips by 66.0% in the 2nd quarter. Primecap Management Co. CA now owns 7,883,455 shares of the energy producer’s stock worth $707,461,000 after acquiring an additional 3,135,315 shares during the last quarter. Ameriprise Financial Inc. lifted its position in ConocoPhillips by 31.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 10,778,664 shares of the energy producer’s stock valued at $966,267,000 after acquiring an additional 2,575,803 shares in the last quarter. Alyeska Investment Group L.P. bought a new position in ConocoPhillips in the 3rd quarter valued at about $135,265,000. Finally, First Trust Advisors LP boosted its stake in ConocoPhillips by 146.6% during the 2nd quarter. First Trust Advisors LP now owns 2,315,757 shares of the energy producer’s stock valued at $207,816,000 after purchasing an additional 1,376,509 shares during the last quarter. Institutional investors own 82.36% of the company’s stock.

More ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Management committed to returning 45% of operating cash flow to shareholders (boosting yield/total-return prospects), supported by strong reported cash generation. ConocoPhillips Stock Still Looks Cheap – What’s The Best Play Here?
• Positive Sentiment: Wells Fargo raised its price target to $133 and kept an overweight rating — a material upside call that can attract momentum buyers. Wells Fargo raises PT to $133
• Neutral Sentiment: CEO Ryan Lance signaled a shift toward organic growth and international expansion (less M&A focus) — a strategic pivot that could change capital allocation and growth tempo over time. Analyst: Focus on organic growth
• Neutral Sentiment: Articles flag a Venezuela monetization-first approach (collect payments/settlements before ramping drilling) — could unlock value but is execution- and timing-dependent. Venezuela strategy piece
• Negative Sentiment: Q4 results missed consensus: non‑GAAP EPS $1.02 vs. estimates (~$1.23) and revenue slightly below expectations; management cited weaker realized oil prices — the miss pressured shares and remains a near-term earnings risk. Reuters: Q4 earnings miss
• Negative Sentiment: JPMorgan’s updated target ($103, neutral) implies limited near-term upside from current levels — a restraint on bullish investor positioning. JPMorgan maintains neutral PT $103

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.