Synergy Asset Management LLC Purchases 176,095 Shares of ConocoPhillips $COP

Synergy Asset Management LLC raised its holdings in shares of ConocoPhillips (NYSE:COP) by 1,072.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 192,520 shares of the energy producer’s stock after purchasing an additional 176,095 shares during the quarter. Synergy Asset Management LLC’s holdings in ConocoPhillips were worth $18,131,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. Charles Schwab Investment Management Inc. lifted its stake in shares of ConocoPhillips by 0.7% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 40,382,724 shares of the energy producer’s stock valued at $3,623,946,000 after buying an additional 287,970 shares in the last quarter. Fisher Asset Management LLC grew its stake in ConocoPhillips by 1.6% in the 2nd quarter. Fisher Asset Management LLC now owns 14,393,875 shares of the energy producer’s stock valued at $1,291,706,000 after buying an additional 224,201 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in ConocoPhillips by 31.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 10,778,664 shares of the energy producer’s stock valued at $966,267,000 after acquiring an additional 2,575,803 shares during the period. Primecap Management Co. CA raised its holdings in ConocoPhillips by 66.0% during the 2nd quarter. Primecap Management Co. CA now owns 7,883,455 shares of the energy producer’s stock valued at $707,461,000 after acquiring an additional 3,135,315 shares during the period. Finally, Boston Partners lifted its position in shares of ConocoPhillips by 4.0% during the second quarter. Boston Partners now owns 6,424,232 shares of the energy producer’s stock worth $577,471,000 after acquiring an additional 244,810 shares in the last quarter. Hedge funds and other institutional investors own 82.36% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on COP shares. Wolfe Research reiterated an “outperform” rating and issued a $131.00 price target on shares of ConocoPhillips in a research report on Thursday, November 6th. Mizuho increased their price objective on ConocoPhillips from $120.00 to $121.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. Wall Street Zen raised ConocoPhillips from a “sell” rating to a “hold” rating in a report on Saturday, November 8th. Royal Bank Of Canada upped their price target on ConocoPhillips from $113.00 to $118.00 and gave the company an “outperform” rating in a research report on Monday, October 13th. Finally, Evercore ISI lowered their price target on shares of ConocoPhillips from $115.00 to $111.00 and set an “outperform” rating on the stock in a report on Monday, October 6th. Nineteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $114.08.

ConocoPhillips Price Performance

Shares of NYSE COP opened at $96.62 on Friday. The firm has a market capitalization of $119.39 billion, a P/E ratio of 13.67, a P/E/G ratio of 2.50 and a beta of 0.32. The company has a quick ratio of 1.18, a current ratio of 1.32 and a debt-to-equity ratio of 0.35. The stock’s 50-day simple moving average is $90.68 and its two-hundred day simple moving average is $92.51. ConocoPhillips has a twelve month low of $79.88 and a twelve month high of $106.20.

ConocoPhillips (NYSE:COP) last issued its quarterly earnings results on Thursday, November 6th. The energy producer reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.20. ConocoPhillips had a return on equity of 13.64% and a net margin of 14.25%.The firm had revenue of $15.03 billion during the quarter, compared to the consensus estimate of $14.51 billion. During the same quarter last year, the company posted $1.78 EPS. The company’s revenue for the quarter was up 14.1% on a year-over-year basis. As a group, equities analysts anticipate that ConocoPhillips will post 8.16 EPS for the current fiscal year.

ConocoPhillips Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were paid a $0.84 dividend. The ex-dividend date of this dividend was Monday, November 17th. This represents a $3.36 dividend on an annualized basis and a yield of 3.5%. This is a boost from ConocoPhillips’s previous quarterly dividend of $0.78. ConocoPhillips’s dividend payout ratio is presently 47.52%.

Insiders Place Their Bets

In other news, CEO Ryan Michael Lance sold 500,708 shares of the firm’s stock in a transaction 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 sale, the chief executive officer owned 325,972 shares in the company, valued at approximately $30,152,410. This trade represents a 60.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director William H. Mcraven acquired 5,768 shares of the company’s stock in a transaction dated Monday, November 10th. The shares were bought at an average cost of $86.68 per share, with a total value of $499,970.24. Following the completion of the acquisition, the director directly owned 5,768 shares in the company, valued at $499,970.24. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. 0.24% of the stock is owned by corporate insiders.

Key Headlines Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS view to $5.07 from $4.72, signaling a meaningful upward revision to next‑year profits. Zacks Research Forecasts Higher Earnings for ConocoPhillips
• Positive Sentiment: Zacks bumped several quarterly estimates — notably Q4 2026 to $1.42 (from $1.07) and Q2 2027 to $1.75 (from $1.60) — which point to stronger near‑term earnings momentum. Zacks Research Forecasts Higher Earnings for ConocoPhillips
• Positive Sentiment: Zacks also raised Q4 2025 and Q2 2026 estimates modestly, adding incremental upside to coming quarters. Zacks Research Forecasts Higher Earnings for ConocoPhillips
• Positive Sentiment: Brokerage coverage remains constructive: ConocoPhillips has a consensus recommendation of “Moderate Buy,” which supports investor appetite. ConocoPhillips Given Consensus Recommendation of “Moderate Buy”
• Neutral Sentiment: Zacks left the overall market consensus for current full‑year EPS at $8.16, implying that despite revisions, broader street expectations remain unchanged for FY2025/FY2027 context. Zacks Research Forecasts Higher Earnings for ConocoPhillips
• Negative Sentiment: There were small downward tweaks to Q3 2026 and Q3 2027 (drops of $0.01–$0.02), which are minor but technically reduce some mid‑cycle expectations. Zacks Research Forecasts Higher Earnings for ConocoPhillips

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.