Heritage Wealth Advisors Buys 22,401 Shares of ConocoPhillips $COP

Heritage Wealth Advisors lifted its stake in ConocoPhillips (NYSE:COP) by 4.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 478,364 shares of the energy producer’s stock after buying an additional 22,401 shares during the period. ConocoPhillips makes up approximately 2.0% of Heritage Wealth Advisors’ holdings, making the stock its 19th largest holding. Heritage Wealth Advisors’ holdings in ConocoPhillips were worth $45,248,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Howard Hughes Medical Institute bought a new position in ConocoPhillips during the 2nd quarter worth approximately $25,000. Cloud Capital Management LLC purchased a new position in ConocoPhillips in the 3rd quarter worth approximately $26,000. Cedar Mountain Advisors LLC lifted its position in ConocoPhillips by 58.0% in the third quarter. Cedar Mountain Advisors LLC now owns 316 shares of the energy producer’s stock valued at $30,000 after purchasing an additional 116 shares during the last quarter. BNP Paribas purchased a new stake in shares of ConocoPhillips during the second quarter valued at approximately $33,000. Finally, Bfsg LLC purchased a new stake in shares of ConocoPhillips during the third quarter valued at approximately $36,000. Institutional investors own 82.36% of the company’s stock.

Insider Activity

In related news, CEO Ryan Michael Lance sold 500,708 shares of the business’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $92.50, for a total transaction of $46,315,490.00. Following the transaction, the chief executive officer owned 325,972 shares in the company, valued at $30,152,410. The trade was a 60.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.24% of the stock is owned by corporate insiders.

More ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: UBS raised its price target on COP to $144 with a Buy rating, giving the shares clear analyst support and a sizable upside thesis that likely helped the rally. UBS price target raise (Benzinga)
• Positive Sentiment: BMO Capital Markets reiterated/forecast strong price appreciation for COP, and a separate report notes a price‑target raise to $135 — multiple upgrades are boosting investor confidence and inflows. BMO forecast (American Banking News)
• Neutral Sentiment: Investors and outlets are reassessing COP’s valuation after the recent share gains; analysis pieces flag the stock’s strong momentum but question how much cash‑flow upside is already priced in — useful context for longer‑term holders. Assessing ConocoPhillips Valuation (Yahoo Finance)
• Neutral Sentiment: Sector commentary notes upside if oil revisits $100/bbl — that scenario would materially boost cash flow and dividends for major producers like COP, but it remains speculative while WTI trades around $80. If Oil Hits $100 (247WallSt)
• Negative Sentiment: Jim Cramer flagged an oil sell‑off as the start of a broader bull market while noting shares of large names including ConocoPhillips are sliding in that environment — short‑term sentiment swings in oil are creating volatility for COP. Jim Cramer: oil sell-off context (Benzinga)
• Negative Sentiment: Louisiana officials say a major coastal‑damage lawsuit with ConocoPhillips is close to settlement — a potential legal payout or remediation obligation is an overhang that could pressure sentiment until terms are disclosed. Louisiana lawsuit settlement near (NOLA)
• Negative Sentiment: MarketWatch notes COP underperformed peers on a recent session — relative weakness versus competitors can trigger short‑term fund flows away from the stock even as the broader sector rallies. COP underperformance vs peers (MarketWatch)

ConocoPhillips Price Performance

Shares of ConocoPhillips stock opened at $117.25 on Friday. The business has a 50 day moving average of $104.22 and a 200 day moving average of $96.17. ConocoPhillips has a 52 week low of $79.88 and a 52 week high of $122.50. The company has a market cap of $144.89 billion, a PE ratio of 18.49, a P/E/G ratio of 2.97 and a beta of 0.27. The company has a quick ratio of 1.14, a current ratio of 1.30 and a debt-to-equity ratio of 0.35.

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

ConocoPhillips Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Wednesday, February 18th were paid a dividend of $0.84 per share. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.9%. ConocoPhillips’s payout ratio is presently 53.00%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on COP shares. Wolfe Research lifted their target price on shares of ConocoPhillips from $122.00 to $123.00 and gave the stock an “outperform” rating in a research note on Monday, January 26th. Sanford C. Bernstein dropped their price target on shares of ConocoPhillips from $116.00 to $98.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. Johnson Rice lowered shares of ConocoPhillips from an “accumulate” rating to a “hold” rating and cut their price target for the stock from $108.00 to $105.00 in a report on Friday, December 5th. Wall Street Zen upgraded shares of ConocoPhillips from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Capital One Financial upped their price objective on shares of ConocoPhillips from $111.00 to $116.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $117.54.

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.