Kingsview Wealth Management LLC Boosts Stake in ConocoPhillips $COP

Kingsview Wealth Management LLC increased its holdings in shares of ConocoPhillips (NYSE:COP) by 92.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 62,569 shares of the energy producer’s stock after acquiring an additional 30,137 shares during the period. Kingsview Wealth Management LLC’s holdings in ConocoPhillips were worth $5,918,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of COP. Howard Hughes Medical Institute purchased a new stake in shares of ConocoPhillips during the 2nd quarter worth $25,000. Cloud Capital Management LLC acquired a new stake in shares of ConocoPhillips in the third quarter valued at about $26,000. Cedar Mountain Advisors LLC boosted its holdings in ConocoPhillips by 58.0% during the third quarter. Cedar Mountain Advisors LLC now owns 316 shares of the energy producer’s stock worth $30,000 after buying an additional 116 shares in the last quarter. BNP Paribas acquired a new position in ConocoPhillips during the second quarter worth about $33,000. Finally, Bfsg LLC purchased a new position in ConocoPhillips in the third quarter valued at about $36,000. Institutional investors and hedge funds own 82.36% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on COP shares. JPMorgan Chase & Co. boosted their price target on ConocoPhillips from $98.00 to $103.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Mizuho boosted their target price on ConocoPhillips from $120.00 to $121.00 and gave the stock an “outperform” rating in a research report on Friday, December 12th. Zacks Research lowered ConocoPhillips from a “hold” rating to a “strong sell” rating in a report on Friday, February 27th. Raymond James Financial lifted their price target on ConocoPhillips from $113.00 to $118.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 11th. Finally, Citigroup boosted their price objective on shares of ConocoPhillips from $125.00 to $135.00 and gave the stock a “buy” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $116.96.

ConocoPhillips Stock Performance

NYSE COP opened at $118.57 on Wednesday. The company has a quick ratio of 1.14, a current ratio of 1.30 and a debt-to-equity ratio of 0.35. ConocoPhillips has a fifty-two week low of $79.88 and a fifty-two week high of $122.50. The business has a fifty day moving average of $102.72 and a 200-day moving average of $95.71. The stock has a market cap of $146.52 billion, a price-to-earnings ratio of 18.70, a price-to-earnings-growth ratio of 3.00 and a beta of 0.27.

ConocoPhillips (NYSE:COP) last posted its quarterly earnings data on Thursday, February 5th. The energy producer reported $1.02 EPS for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.21). ConocoPhillips had a return on equity of 11.90% and a net margin of 12.98%.The company had revenue of $13.86 billion for the quarter, compared to analysts’ expectations of $14.35 billion. The company’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.98 EPS. As a group, analysts predict that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Wednesday, February 18th were given a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Wednesday, February 18th. ConocoPhillips’s payout ratio is currently 53.00%.

Insider Activity

In related news, CEO Ryan Michael Lance sold 500,708 shares of the firm’s stock in a transaction that occurred 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.24% of the company’s stock.

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Goldman Sachs added ConocoPhillips to its US “conviction list,” signaling institutional conviction in COP as a capital-intensive, AI-resistant beneficiary of a market rotation into energy. Article Title
• Positive Sentiment: Two banks raised price targets and kept bullish ratings (BMO: $130 outperform; Citi: $135 buy), providing explicit upside guidance that can attract buyers and support momentum. Article Title Article Title
• Positive Sentiment: Geopolitical escalation (US/Israel strikes on Iran) pushed WTI higher and sparked a sector-wide rally; ConocoPhillips is benefiting as an upstream producer with North American exposure. Article Title
• Positive Sentiment: The shares hit a 52-week high amid the rally, reinforcing momentum and drawing more investor attention. Article Title
• Positive Sentiment: Reports that ConocoPhillips is exploring selective Permian asset sales (~$2B) and expanding divestitures support a leaner portfolio and potentially higher shareholder returns or accelerated buybacks/dividends. Article Title
• Neutral Sentiment: Analyst commentary and media pieces highlight long-term upside via rising free cash flow (projects like Willow) and bullish scenario analysis — supportive but forward-looking and dependent on oil prices/stage-of-project execution. Article Title
• Negative Sentiment: Options activity commentary (sell covered calls) suggests some investors are taking profits and monetizing the rally, which can cap near-term upside and increase short-term volatility. Article Title

About ConocoPhillips

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.