Mitsubishi UFJ Asset Management Co. Ltd. Grows Stock Position in ConocoPhillips $COP

Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of ConocoPhillips (NYSE:COP) by 4.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 2,608,643 shares of the energy producer’s stock after buying an additional 102,577 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in ConocoPhillips were worth $252,256,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of COP. AXA S.A. raised its stake in shares of ConocoPhillips by 91.1% during the 2nd quarter. AXA S.A. now owns 84,937 shares of the energy producer’s stock valued at $7,622,000 after buying an additional 40,499 shares during the last quarter. Sei Investments Co. raised its stake in shares of ConocoPhillips by 6.1% during the 2nd quarter. Sei Investments Co. now owns 784,368 shares of the energy producer’s stock valued at $70,397,000 after buying an additional 44,852 shares during the last quarter. BNP Paribas purchased a new position in shares of ConocoPhillips during the 2nd quarter valued at about $33,000. Osterweis Capital Management Inc. purchased a new position in shares of ConocoPhillips during the 2nd quarter valued at about $151,000. Finally, Main Street Financial Solutions LLC raised its stake in shares of ConocoPhillips by 53.5% during the 2nd quarter. Main Street Financial Solutions LLC now owns 4,806 shares of the energy producer’s stock valued at $431,000 after buying an additional 1,675 shares during the last quarter. Hedge funds and other institutional investors own 82.36% of the company’s stock.

More ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Q1 earnings beat — ConocoPhillips reported adjusted Q1 profits above estimates, which underpins the company’s near‑term cash flow strength and supports dividend/capital return expectations. ConocoPhillips Beats Profit Estimates for Q1
• Positive Sentiment: Sahtu fracking approval — Canadian regulators cleared an expansion of fracking activity in the Sahtu region, giving COP a permit to grow production optionality in a North American basin. This is a project‑level positive for future volumes and reserve development. ConocoPhillips gets OK to expand Sahtu fracking
• Positive Sentiment: Analyst upgrades & technical setup — Several outlets note upward revisions to analysts’ earnings estimates and a bullish “hammer” technical pattern that investors cite as a buy‑the‑dip opportunity. That supports shorter‑term demand for the shares. Here’s Why ConocoPhillips (COP) Is a Great ‘Buy the Bottom’ Stock Now
• Positive Sentiment: Sector momentum & coverage — Energy sector strength and coverage/mentions from commentators (including Cramer) have kept investor interest elevated, which can amplify moves in COP alongside peers. Sector Update: Energy Stocks Higher Monday Afternoon
• Neutral Sentiment: Dividend/diversified themes — Coverage highlighting energy dividend momentum references COP among large producers; helpful context but not a near‑term catalyst by itself. ConocoPhillips, TC Energy results highlight energy dividend momentum
• Neutral Sentiment: Geopolitical/asset optionality — Broader industry interest in re‑engaging with Venezuela is noted; this is a long‑horizon factor that could offer optional upside but carries political and execution risk. Suddenly U.S. Oil Giants Are Taking Another Look at ‘Uninvestable’ Venezuela
• Negative Sentiment: Valuation/price‑target caution — Some analysts and outlets argue COP is a “hold” after a large YTD run (and a ~46% rise in prior coverage), noting consensus price targets may lag the rally and limit near‑term upside. That tempering view is likely pressuring the stock today. Despite Soaring 46%, ConocoPhillips Is a Hold as Price Target Trails

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Mizuho lifted their price objective on ConocoPhillips from $121.00 to $136.00 and gave the company an “outperform” rating in a research note on Tuesday, March 17th. Wolfe Research raised their target price on ConocoPhillips from $138.00 to $144.00 and gave the company an “outperform” rating in a research report on Monday, April 6th. Truist Financial set a $128.00 price target on ConocoPhillips in a report on Friday. Capital One Financial increased their price target on ConocoPhillips from $116.00 to $156.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 26th. Finally, Susquehanna increased their price target on ConocoPhillips from $149.00 to $152.00 in a research report on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, ConocoPhillips currently has an average rating of “Moderate Buy” and an average price target of $133.04.

Insider Activity at ConocoPhillips

In other ConocoPhillips news, SVP Kelly Brunetti Rose sold 7,700 shares of the company’s stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $130.03, for a total transaction of $1,001,231.00. Following the transaction, the senior vice president directly owned 25,284 shares in the company, valued at $3,287,678.52. This represents a 23.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Nicholas G. Olds sold 6,994 shares of the company’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $127.06, for a total value of $888,657.64. Following the sale, the executive vice president directly owned 5,395 shares in the company, valued at $685,488.70. This represents a 56.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 734,891 shares of company stock valued at $93,345,692 over the last 90 days. Corporate insiders own 0.09% of the company’s stock.

ConocoPhillips Trading Down 1.3%

COP stock opened at $123.32 on Wednesday. The stock has a market cap of $150.24 billion, a price-to-earnings ratio of 20.94, a PEG ratio of 1.76 and a beta of 0.14. The business’s 50-day moving average is $122.43 and its 200 day moving average is $104.69. ConocoPhillips has a 12-month low of $84.28 and a 12-month high of $135.87. The company has a current ratio of 1.29, a quick ratio of 1.14 and a debt-to-equity ratio of 0.34.

ConocoPhillips (NYSE:COP) last issued its earnings results on Thursday, April 30th. The energy producer reported $1.89 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.17. The business had revenue of $15.76 billion for the quarter, compared to analysts’ expectations of $15.62 billion. ConocoPhillips had a return on equity of 11.39% and a net margin of 12.10%.The business’s revenue for the quarter was down 6.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.09 EPS. On average, sell-side analysts anticipate that ConocoPhillips will post 9.47 EPS for the current fiscal year.

ConocoPhillips Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 11th will be paid a dividend of $0.84 per share. The ex-dividend date of this dividend is Monday, May 11th. This represents a $3.36 annualized dividend and a yield of 2.7%. ConocoPhillips’s dividend payout ratio (DPR) is 57.05%.

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.