Whittier Trust Co. Raises Stock Position in ConocoPhillips $COP

Whittier Trust Co. lifted its stake in ConocoPhillips (NYSE:COP) by 4.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 298,631 shares of the energy producer’s stock after purchasing an additional 12,026 shares during the period. Whittier Trust Co.’s holdings in ConocoPhillips were worth $28,119,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Primecap Management Co. CA lifted its holdings in ConocoPhillips by 66.0% in the second quarter. Primecap Management Co. CA now owns 7,883,455 shares of the energy producer’s stock worth $707,461,000 after buying an additional 3,135,315 shares during the period. Ameriprise Financial Inc. raised its position in shares of ConocoPhillips by 31.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 10,778,664 shares of the energy producer’s stock worth $966,267,000 after acquiring an additional 2,575,803 shares in the last quarter. Valeo Financial Advisors LLC lifted its stake in shares of ConocoPhillips by 6,156.1% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,508,169 shares of the energy producer’s stock valued at $135,343,000 after purchasing an additional 1,484,062 shares during the period. First Trust Advisors LP boosted its position in shares of ConocoPhillips by 146.6% during the second quarter. First Trust Advisors LP now owns 2,315,757 shares of the energy producer’s stock valued at $207,816,000 after purchasing an additional 1,376,509 shares in the last quarter. Finally, Laurel Wealth Advisors LLC grew its stake in ConocoPhillips by 8,148.3% in the second quarter. Laurel Wealth Advisors LLC now owns 917,788 shares of the energy producer’s stock worth $82,362,000 after purchasing an additional 906,661 shares during the period. Hedge funds and other institutional investors own 82.36% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on COP shares. Roth Mkm raised their price objective on ConocoPhillips from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Friday. Raymond James Financial increased their price target on shares of ConocoPhillips from $98.00 to $113.00 and gave the stock an “outperform” rating in a research note on Thursday. Morgan Stanley dropped their price objective on shares of ConocoPhillips from $117.00 to $108.00 and set an “overweight” rating on the stock in a research note on Friday. Johnson Rice cut shares of ConocoPhillips from an “accumulate” rating to a “hold” rating and cut their price objective for the stock from $108.00 to $105.00 in a report on Friday, December 5th. Finally, BMO Capital Markets decreased their target price on shares of ConocoPhillips from $110.00 to $105.00 and set an “outperform” rating for the company in a research note on Monday, December 15th. Sixteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $110.83.

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.

Insider Buying and Selling at ConocoPhillips

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

ConocoPhillips Stock Up 1.5%

NYSE:COP opened at $98.34 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.18 and a current ratio of 1.32. The firm has a market cap of $121.52 billion, a P/E ratio of 13.91, a P/E/G ratio of 2.91 and a beta of 0.32. ConocoPhillips has a fifty-two week low of $79.88 and a fifty-two week high of $106.20. The firm has a 50-day simple moving average of $93.40 and a two-hundred day simple moving average of $93.01.

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

ConocoPhillips Increases Dividend

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

ConocoPhillips Company 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.