KBC Group NV Has $28.99 Million Stock Holdings in ConocoPhillips $COP

KBC Group NV trimmed its stake in shares of ConocoPhillips (NYSE:COP) by 12.1% in the second quarter, HoldingsChannel.com reports. The fund owned 278,841 shares of the energy producer’s stock after selling 38,272 shares during the quarter. KBC Group NV’s holdings in ConocoPhillips were worth $28,988,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of COP. Frazier Financial Advisors LLC increased its position in shares of ConocoPhillips by 151.0% in the first quarter. Frazier Financial Advisors LLC now owns 241 shares of the energy producer’s stock worth $32,000 after purchasing an additional 145 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in ConocoPhillips during the fourth quarter worth about $25,000. Ballast Advisors LLC bought a new stake in ConocoPhillips during the first quarter worth about $36,000. Evergreen Advisors LLC acquired a new stake in ConocoPhillips during the first quarter worth about $36,000. Finally, Allied Private Wealth LLC acquired a new stake in ConocoPhillips during the second quarter worth about $32,000. 82.36% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have commented on COP. Royal Bank Of Canada set a $130.00 target price on shares of ConocoPhillips in a report on Monday, June 22nd. Mizuho cut their price target on shares of ConocoPhillips from $150.00 to $146.00 and set an “outperform” rating for the company in a report on Tuesday, July 7th. Susquehanna increased their price target on shares of ConocoPhillips from $155.00 to $161.00 and gave the stock a “positive” rating in a research report on Tuesday, August 11th. Jefferies Financial Group lifted their price objective on shares of ConocoPhillips from $160.00 to $161.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Finally, Roth Capital upgraded shares of ConocoPhillips from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $124.00 to $130.00 in a research report on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $137.68.

ConocoPhillips Stock Performance

ConocoPhillips stock opened at $126.67 on Monday. ConocoPhillips has a 12-month low of $85.57 and a 12-month high of $135.87. The company has a quick ratio of 1.39, a current ratio of 1.54 and a debt-to-equity ratio of 0.35. The business’s 50-day moving average price is $113.88 and its two-hundred day moving average price is $116.72. The stock has a market cap of $152.17 billion, a PE ratio of 16.75, a P/E/G ratio of 1.40 and a beta of 0.11.

ConocoPhillips (NYSE:COP) last issued its earnings results on Thursday, August 6th. The energy producer reported $3.24 EPS for the quarter, topping the consensus estimate of $2.90 by $0.34. The firm had revenue of $19.52 billion during the quarter, compared to the consensus estimate of $18.79 billion. ConocoPhillips had a return on equity of 14.72% and a net margin of 14.22%.The business’s quarterly revenue was up 32.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.42 earnings per share. As a group, analysts expect that ConocoPhillips will post 10.05 earnings per share for the current fiscal year.

ConocoPhillips Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be issued a dividend of $0.84 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $3.36 annualized dividend and a dividend yield of 2.7%. ConocoPhillips’s payout ratio is 44.44%.

Key ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Traders purchased 68,293 call options on Friday, roughly 339% above the average daily call volume of 15,545. The unusually high call activity signals increased speculative and potentially bullish interest in COP.
• Positive Sentiment: ConocoPhillips reported record Permian production and generated approximately $4.2 billion in second-quarter free cash flow. Management discussed using its financial strength to support expansion in Iraq and liquefied natural gas, which could improve future production and cash generation. ConocoPhillips Q2 2026 Earnings Call Transcript
• Positive Sentiment: The Coyote 3SX project on Alaska’s North Slope has achieved first oil. The start-up adds production from a project that received approximately $800 million in funding and reinforces COP’s growth outlook. ConocoPhillips Alaska’s Coyote 3SX Project Achieves First Oil
• Positive Sentiment: Rising oil prices amid tensions around the Strait of Hormuz are providing a favorable commodity-price backdrop for COP, whose earnings and cash flow remain sensitive to oil prices. Why ConocoPhillips Is in Focus as Oil Climbs on Hormuz Tensions
• Positive Sentiment: Susquehanna forecast strong price appreciation for COP, adding to the positive analyst outlook. Susquehanna Forecasts Strong Price Appreciation for ConocoPhillips
• Neutral Sentiment: Brokerages maintain an average “Moderate Buy” recommendation, indicating constructive but not overwhelmingly bullish institutional sentiment. ConocoPhillips Given Average Recommendation of Moderate Buy
• Neutral Sentiment: A broader LNG investment wave involving Qatar, the United States and Argentina may support the long-term market for gas producers, although the article does not announce a new COP project. Five LNG Megaprojects Poised to Power the Next Gas Boom

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.