ConocoPhillips $COP Stock: Confluence Wealth Services Inc. Increases Holdings

Confluence Wealth Services Inc. increased its position in shares of ConocoPhillips (NYSE:COP) by 10.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 41,612 shares of the energy producer’s stock after buying an additional 4,017 shares during the quarter. Confluence Wealth Services Inc.’s holdings in ConocoPhillips were worth $5,208,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Venture Visionary Partners LLC boosted its stake in ConocoPhillips by 263.6% during the third quarter. Venture Visionary Partners LLC now owns 118,655 shares of the energy producer’s stock worth $14,850,000 after buying an additional 86,019 shares during the period. Cooper Financial Group increased its position in shares of ConocoPhillips by 55.9% during the third quarter. Cooper Financial Group now owns 11,635 shares of the energy producer’s stock valued at $1,456,000 after acquiring an additional 4,172 shares during the last quarter. B. Metzler seel. Sohn & Co. AG purchased a new stake in shares of ConocoPhillips in the 2nd quarter valued at approximately $6,896,000. NewEdge Advisors LLC raised its stake in shares of ConocoPhillips by 22.7% in the 2nd quarter. NewEdge Advisors LLC now owns 243,708 shares of the energy producer’s stock valued at $25,336,000 after acquiring an additional 45,088 shares during the period. Finally, Cetera Trust Company N.A purchased a new stake in shares of ConocoPhillips in the 2nd quarter valued at approximately $870,000. 82.36% of the stock is currently owned by institutional investors and hedge funds.

ConocoPhillips Stock Performance

Shares of ConocoPhillips stock opened at $135.61 on Wednesday. The stock has a market capitalization of $160.34 billion, a price-to-earnings ratio of 14.27, a price-to-earnings-growth ratio of 1.24 and a beta of 0.16. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.52 and a quick ratio of 1.37. The business has a 50-day moving average of $137.06 and a 200 day moving average of $122.49. ConocoPhillips has a 12 month low of $85.70 and a 12 month high of $154.28.

ConocoPhillips (NYSE:COP) last issued its quarterly earnings results on Thursday, November 5th. The energy producer reported $3.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.05 by $0.22. The company had revenue of $19.43 billion for the quarter, compared to analyst estimates of $18.59 billion. ConocoPhillips had a net margin of 16.55% and a return on equity of 17.60%. The business’s revenue for the quarter was up 29.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.61 earnings per share. As a group, sell-side analysts forecast that ConocoPhillips will post 12.03 earnings per share for the current year.

ConocoPhillips Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Monday, November 16th will be issued a $0.93 dividend. This represents a $3.72 dividend on an annualized basis and a dividend yield of 2.7%. This is an increase from ConocoPhillips’s previous quarterly dividend of $0.84. The ex-dividend date is Monday, November 16th. ConocoPhillips’s dividend payout ratio (DPR) is presently 35.29%.

Insider Buying and Selling at ConocoPhillips

In related news, SVP Andrew Lundquist sold 9,487 shares of ConocoPhillips stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $135.15, for a total value of $1,282,168.05. Following the completion of the transaction, the senior vice president owned 9,593 shares in the company, valued at approximately $1,296,493.95. The trade was a 49.72% 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 0.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on COP shares. Freedom Capital upgraded shares of ConocoPhillips from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Zacks Research upgraded shares of ConocoPhillips from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 6th. Argus lifted their target price on shares of ConocoPhillips from $136.00 to $153.00 and gave the company a “buy” rating in a report on Wednesday, August 19th. Wells Fargo & Company cut their target price on ConocoPhillips from $189.00 to $185.00 and set an “overweight” rating on the stock in a research report on Friday, November 6th. Finally, William Blair initiated coverage on ConocoPhillips in a research note on Wednesday, October 28th. They set a “market perform” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, ConocoPhillips has an average rating of “Moderate Buy” and an average price target of $145.29.

Trending Headlines about ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: ConocoPhillips raised its quarterly dividend by 10.7%, boosting shareholder returns. The article also examines whether free cash flow can support the higher payout. Article: ConocoPhillips Just Raised Its Dividend 10.7%
• Positive Sentiment: For Q3 2026, revenue rose 29.2% year over year to $20.06 billion and adjusted earnings of $3.27 per share beat analysts’ expectations by 7.3%. Strong results may support investor confidence. Article: COP Q3 2026 deep dive
• Positive Sentiment: The company plans modestly lower 2027 capital spending while aiming to grow production through low-cost resources and efficiency improvements. If achieved, this could strengthen cash flow and reinforce capital discipline. Article: Can ConocoPhillips Sustain Future Production Growth With Lower CapEx?
• Neutral Sentiment: Truist raised its price target from $136 to $142 but kept a “hold” rating, suggesting a more favorable target without a change in its overall recommendation. Article: Truist raises ConocoPhillips price target
• Negative Sentiment: Analysts note that COP’s sizable recent rally and premium valuation could limit further upside. A Q3 review also flagged production declines, which the company’s cost and portfolio measures will need to offset. Article: ConocoPhillips Trades at a Premium

ConocoPhillips Company Profile

ConocoPhillips is an independent exploration and production company focused on finding, developing and producing oil and natural gas. Its products include crude oil, natural gas, liquefied natural gas and natural gas liquids. The company operates in several regions, including North America, Europe, the Middle East, North Africa and the Asia-Pacific. Its activities span exploration, development and production, with a portfolio that includes both conventional and unconventional resources. ConocoPhillips was formed in 2002 through the merger of Conoco and Phillips Petroleum.