ConocoPhillips (NYSE:COP) Hits New 1-Year High Following Analyst Upgrade

ConocoPhillips (NYSE:COP)’s share price hit a new 52-week high during trading on Tuesday after Barclays raised their price target on the stock from $118.00 to $128.00. Barclays currently has an overweight rating on the stock. ConocoPhillips traded as high as $123.22 and last traded at $123.4760, with a volume of 1340416 shares. The stock had previously closed at $121.32.

Other research analysts have also recently issued reports about the company. Roth Mkm cut ConocoPhillips from a “buy” rating to a “neutral” rating and set a $112.00 target price for the company. in a research note on Tuesday, February 17th. Morgan Stanley decreased their price objective on ConocoPhillips from $117.00 to $108.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. Weiss Ratings reissued a “hold (c-)” rating on shares of ConocoPhillips in a research note on Monday, December 29th. Wall Street Zen raised shares of ConocoPhillips from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Johnson Rice cut shares of ConocoPhillips from an “accumulate” rating to a “hold” rating and reduced their price target for the company from $108.00 to $105.00 in a report on Friday, December 5th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $119.75.

Insider Buying and Selling at ConocoPhillips

In other news, CEO Ryan Michael Lance sold 500,708 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Timothy A. Leach sold 40,000 shares of ConocoPhillips stock in a transaction that occurred on Friday, March 6th. The shares were 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 owned 411,211 shares in the company, valued at $48,847,754.69. This trade represents a 8.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 600,884 shares of company stock valued at $58,250,367 in the last 90 days. 0.24% of the stock is currently owned by corporate insiders.

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Barclays raised its price target to $128 and kept an “overweight” stance, providing explicit analyst support and near‑term upside for the stock. Barclays Raises PT
• Positive Sentiment: Piper Sandler and other shops have pushed targets higher (one cited jump to $154), which can attract buying from institutional investors and boost sentiment. Price Target Increases
• Positive Sentiment: Geopolitical risk is supporting oil prices: doubts about an international plan to secure the Strait of Hormuz pushed oil higher, which generally benefits upstream producers like ConocoPhillips. Oil Prices Jump
• Neutral Sentiment: Bank of America raised its target to $120 but kept an Underperform rating — a mixed signal that lifts the target but keeps guarded language about risk. BofA Update
• Neutral Sentiment: Analyst consensus remains about a “Moderate Buy” with a mean target near current levels, so upgrades are incremental rather than game‑changing. Analyst Consensus
• Negative Sentiment: Multiple senior executives disclosed sizable share sales this week (EVP Nicholas Olds sold ~14,522 shares; SVP Andrew Lundquist sold 34,500 shares; SVP Heather Hrap sold 2,654 shares). The clustered insider selling (large percentage reductions in holdings) can create short‑term selling pressure and raise questions for some investors. Olds SEC Filing Lundquist SEC Filing Hrap SEC Filing

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Howard Hughes Medical Institute bought a new stake in ConocoPhillips during the 2nd quarter worth about $25,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of ConocoPhillips in the fourth quarter valued at about $25,000. Cloud Capital Management LLC acquired a new stake in shares of ConocoPhillips in the third quarter valued at about $26,000. KERR FINANCIAL PLANNING Corp bought a new stake in ConocoPhillips during the third quarter worth about $28,000. Finally, Board of the Pension Protection Fund bought a new stake in ConocoPhillips during the fourth quarter worth about $28,000. Institutional investors own 82.36% of the company’s stock.

ConocoPhillips Stock Up 1.5%

The company has a debt-to-equity ratio of 0.35, a current ratio of 1.30 and a quick ratio of 1.14. The firm has a 50-day moving average of $107.06 and a 200 day moving average of $97.09. The stock has a market capitalization of $152.11 billion, a price-to-earnings ratio of 19.46, a PEG ratio of 2.89 and a beta of 0.27.

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

ConocoPhillips Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Wednesday, February 18th were given a dividend of $0.84 per share. This represents a $3.36 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Wednesday, February 18th. ConocoPhillips’s dividend payout ratio is 53.00%.

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.