UniSuper Management Pty Ltd Has $9.25 Million Stake in ConocoPhillips $COP

UniSuper Management Pty Ltd raised its holdings in ConocoPhillips (NYSE:COP) by 17.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 97,792 shares of the energy producer’s stock after purchasing an additional 14,583 shares during the period. UniSuper Management Pty Ltd’s holdings in ConocoPhillips were worth $9,250,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Heartland Bank & Trust Co increased its holdings in ConocoPhillips by 97.2% in the 2nd quarter. Heartland Bank & Trust Co now owns 6,861 shares of the energy producer’s stock valued at $616,000 after buying an additional 3,381 shares during the period. Tema Etfs LLC bought a new position in ConocoPhillips in the third quarter valued at approximately $1,804,000. D.A. Davidson & CO. raised its position in ConocoPhillips by 12.1% during the third quarter. D.A. Davidson & CO. now owns 140,829 shares of the energy producer’s stock valued at $13,321,000 after purchasing an additional 15,202 shares in the last quarter. StoneX Group Inc. lifted its stake in ConocoPhillips by 510.5% during the second quarter. StoneX Group Inc. now owns 29,285 shares of the energy producer’s stock worth $2,628,000 after purchasing an additional 24,488 shares during the last quarter. Finally, Exchange Traded Concepts LLC boosted its holdings in shares of ConocoPhillips by 3,079.8% in the 3rd quarter. Exchange Traded Concepts LLC now owns 176,033 shares of the energy producer’s stock valued at $16,651,000 after purchasing an additional 170,497 shares in the last quarter. 82.36% of the stock is owned by institutional investors.

Analysts Set New Price Targets

COP has been the subject of a number of research analyst reports. UBS Group boosted their price target on ConocoPhillips from $117.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, December 12th. Susquehanna lowered their target price on ConocoPhillips to $113.00 and set a “positive” rating for the company in a research note on Monday, October 20th. The Goldman Sachs Group raised their price target on shares of ConocoPhillips from $108.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday. Johnson Rice cut shares of ConocoPhillips from an “accumulate” rating to a “hold” rating and lowered their price objective for the stock from $108.00 to $105.00 in a research report on Friday, December 5th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $98.00 price objective on shares of ConocoPhillips in a research note on Tuesday, January 20th. Sixteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, ConocoPhillips presently has an average rating of “Moderate Buy” and a consensus price target of $110.83.

Insiders Place Their Bets

In related news, CEO Ryan Michael Lance sold 500,708 shares of the firm’s stock in a transaction on Friday, December 19th. The stock was 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 document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director William H. Mcraven purchased 5,768 shares of ConocoPhillips stock in a transaction on Monday, November 10th. The stock was bought at an average price of $86.68 per share, for a total transaction of $499,970.24. Following the transaction, the director directly owned 5,768 shares in the company, valued at approximately $499,970.24. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.24% of the company’s stock.

ConocoPhillips Stock Performance

NYSE:COP opened at $98.34 on Friday. The stock’s 50-day moving average is $93.40 and its 200-day moving average is $93.01. ConocoPhillips has a 1-year low of $79.88 and a 1-year high of $106.20. The company has a current ratio of 1.32, a quick ratio of 1.18 and a debt-to-equity ratio of 0.35. The stock has a market cap of $121.52 billion, a P/E ratio of 13.91, a price-to-earnings-growth ratio of 2.91 and a beta of 0.32.

ConocoPhillips (NYSE:COP) last posted its earnings results on Thursday, November 6th. The energy producer reported $1.61 EPS for the quarter, topping the consensus estimate of $1.41 by $0.20. ConocoPhillips had a net margin of 14.25% and a return on equity of 13.64%. The business had revenue of $15.03 billion for the quarter, compared to the consensus estimate of $14.51 billion. During the same period last year, the company earned $1.78 EPS. The firm’s revenue was up 14.1% compared to the same quarter last year. Equities research analysts anticipate that ConocoPhillips will post 8.16 earnings per share for the current year.

ConocoPhillips Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Monday, November 17th were paid a $0.84 dividend. This is a positive change from ConocoPhillips’s previous quarterly dividend of $0.78. This represents a $3.36 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend was Monday, November 17th. ConocoPhillips’s payout ratio is presently 47.52%.

Key Headlines Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Raymond James raised its price target to $113 and kept an “outperform” rating, signaling expected upside and reinforcing buy-side sentiment. Raymond James adjusts price target on ConocoPhillips to $113
• Positive Sentiment: Goldman Sachs lifted its target to $115 and kept a “buy” rating, adding credibility to the view that COP shares have meaningful upside vs. current levels. Goldman Sachs adjusts price target on ConocoPhillips to $115
• Positive Sentiment: Another price-target bump to $116 was reported, adding to analyst-driven momentum and providing a near-term valuation anchor for investors. ConocoPhillips (NYSE:COP) Price Target Raised to $116.00
• Positive Sentiment: Company commentary at industry events emphasized continued Permian growth — management said the Permian “will keep filling the tank,” reinforcing production-growth expectations that support revenue and cash-flow forecasts. ConocoPhillips: Permian will “keep filling the tank”
• Positive Sentiment: Executives urged greater water reuse and new power lines in the Permian — operational measures that can lower costs, expand drilling efficiency and de-risk growth, which investors view favorably. ConocoPhillips leaders see more Permian gains, urge water reuse and new power lines
• Positive Sentiment: Coverage of the 2026 State of Oil & Gas in Midland highlighted industry tailwinds and operational plans that benefit major Permian operators like COP. 2026 State of Oil and Gas hosted in Midland brings insight on new year operations
• Neutral Sentiment: A Zacks piece reviews Wall Street analysts’ recommendations on COP and notes generally optimistic broker views — helpful context but not a fresh catalyst by itself. Is ConocoPhillips (COP) a Buy as Wall Street Analysts Look Optimistic?
• Negative Sentiment: JPMorgan downgraded COP from Overweight to Neutral, which could temper upside for the stock and offset some of the bullish analyst moves. ConocoPhillips (NYSE:COP) Earns “Neutral” Rating from JPMorgan Chase & Co.

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.