Mcdonald Partners LLC Reduces Position in ConocoPhillips $COP

Mcdonald Partners LLC decreased its holdings in ConocoPhillips (NYSE:COP) by 58.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,490 shares of the energy producer’s stock after selling 11,702 shares during the period. Mcdonald Partners LLC’s holdings in ConocoPhillips were worth $803,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in COP. Charles Schwab Investment Management Inc. lifted its position in ConocoPhillips by 0.7% during the second quarter. Charles Schwab Investment Management Inc. now owns 40,382,724 shares of the energy producer’s stock worth $3,623,946,000 after buying an additional 287,970 shares in the last quarter. Fisher Asset Management LLC increased its stake in shares of ConocoPhillips by 1.8% in the 3rd quarter. Fisher Asset Management LLC now owns 14,653,966 shares of the energy producer’s stock worth $1,386,119,000 after acquiring an additional 260,091 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of ConocoPhillips by 31.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 10,778,664 shares of the energy producer’s stock worth $966,267,000 after acquiring an additional 2,575,803 shares during the period. Primecap Management Co. CA boosted its position 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 valued at $979,102,000 after acquiring an additional 2,467,555 shares during the last quarter. Finally, Boston Partners grew its holdings in shares of ConocoPhillips by 4.0% in the second quarter. Boston Partners now owns 6,424,232 shares of the energy producer’s stock valued at $577,471,000 after purchasing an additional 244,810 shares during the period. 82.36% of the stock is currently owned by hedge funds and other institutional investors.

Key ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Goldman Sachs added ConocoPhillips to its US “conviction list,” signaling institutional conviction in COP as a capital-intensive, AI-resistant beneficiary of a market rotation into energy. Article Title
• Positive Sentiment: Two banks raised price targets and kept bullish ratings (BMO: $130 outperform; Citi: $135 buy), providing explicit upside guidance that can attract buyers and support momentum. Article Title Article Title
• Positive Sentiment: Geopolitical escalation (US/Israel strikes on Iran) pushed WTI higher and sparked a sector-wide rally; ConocoPhillips is benefiting as an upstream producer with North American exposure. Article Title
• Positive Sentiment: The shares hit a 52-week high amid the rally, reinforcing momentum and drawing more investor attention. Article Title
• Positive Sentiment: Reports that ConocoPhillips is exploring selective Permian asset sales (~$2B) and expanding divestitures support a leaner portfolio and potentially higher shareholder returns or accelerated buybacks/dividends. Article Title
• Neutral Sentiment: Analyst commentary and media pieces highlight long-term upside via rising free cash flow (projects like Willow) and bullish scenario analysis — supportive but forward-looking and dependent on oil prices/stage-of-project execution. Article Title
• Negative Sentiment: Options activity commentary (sell covered calls) suggests some investors are taking profits and monetizing the rally, which can cap near-term upside and increase short-term volatility. Article Title

Analyst Ratings Changes

A number of brokerages have commented on COP. Wall Street Zen downgraded shares of ConocoPhillips from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. Piper Sandler increased their price target on shares of ConocoPhillips from $108.00 to $111.00 and gave the company an “overweight” rating in a research note on Friday, February 6th. UBS Group reaffirmed a “buy” rating and set a $130.00 price target on shares of ConocoPhillips in a research report on Monday, February 9th. Wells Fargo & Company upped their price objective on ConocoPhillips from $132.00 to $133.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Finally, BMO Capital Markets increased their price objective on ConocoPhillips from $115.00 to $130.00 and gave the stock an “outperform” rating in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, ConocoPhillips presently has an average rating of “Moderate Buy” and a consensus target price of $116.96.

ConocoPhillips Stock Up 0.3%

ConocoPhillips stock opened at $118.57 on Wednesday. The company has a market capitalization of $146.52 billion, a PE ratio of 18.70, a price-to-earnings-growth ratio of 3.00 and a beta of 0.27. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.14 and a current ratio of 1.30. ConocoPhillips has a fifty-two week low of $79.88 and a fifty-two week high of $122.50. The firm has a 50 day moving average price of $102.72 and a 200 day moving average price of $95.71.

ConocoPhillips (NYSE:COP) last released its quarterly earnings results on Thursday, February 5th. The energy producer reported $1.02 EPS for the quarter, missing the consensus estimate of $1.23 by ($0.21). The firm had revenue of $13.86 billion for the quarter, compared to analysts’ expectations of $14.35 billion. ConocoPhillips had a return on equity of 11.90% and a net margin of 12.98%.The company’s quarterly revenue was down 3.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.98 earnings per share. Research analysts expect that ConocoPhillips will post 8.16 earnings per share for the current year.

ConocoPhillips Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Wednesday, February 18th were paid a $0.84 dividend. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $3.36 annualized dividend and a dividend yield of 2.8%. ConocoPhillips’s dividend payout ratio (DPR) is presently 53.00%.

Insider Buying and Selling at ConocoPhillips

In related news, CEO Ryan Michael Lance sold 500,708 shares of ConocoPhillips stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $92.50, for a total value of $46,315,490.00. Following the completion of the transaction, the chief executive officer owned 325,972 shares in the company, valued at approximately $30,152,410. The trade was a 60.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.24% of the company’s stock.

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.