Quadrant Capital Group LLC Reduces Position in ConocoPhillips $COP

Quadrant Capital Group LLC decreased its holdings in ConocoPhillips (NYSE:COP) by 20.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,719 shares of the energy producer’s stock after selling 6,209 shares during the period. Quadrant Capital Group LLC’s holdings in ConocoPhillips were worth $2,244,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Howard Hughes Medical Institute purchased a new stake in shares of ConocoPhillips during the 2nd quarter valued at approximately $25,000. Cloud Capital Management LLC purchased a new position in ConocoPhillips in the 3rd quarter valued at approximately $26,000. Cedar Mountain Advisors LLC raised its holdings in ConocoPhillips by 58.0% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 316 shares of the energy producer’s stock valued at $30,000 after acquiring an additional 116 shares during the period. BNP Paribas bought a new stake in ConocoPhillips during the 2nd quarter valued at $33,000. Finally, Bfsg LLC purchased a new stake in shares of ConocoPhillips during the third quarter worth $36,000. Institutional investors own 82.36% of the company’s stock.

Trending Headlines about ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Goldman Sachs added ConocoPhillips to its U.S. Conviction List — a high‑profile institutional endorsement that can attract buyers and support the stock amid energy-market volatility. Read More.
• Positive Sentiment: Heightened Middle East geopolitical risk (Iran’s new, harder‑line supreme leader) is increasing supply‑risk premiums that typically benefit large E&P names like COP. Read More.
• Positive Sentiment: Analyst upgrades, price‑target increases and a solid dividend yield (annualized $3.36, ~2.9%) continue to underpin demand from income and institutional buyers. Read More.
• Neutral Sentiment: Management is shifting emphasis from growth to cash‑harvesting after the Marathon Oil deal; that can lead to higher buybacks/dividends but raises questions about long‑term growth and deal economics. Read More.
• Neutral Sentiment: ConocoPhillips plans a ~ $2 billion divestiture of certain Permian assets as part of portfolio reshaping — a near‑term reduction in asset base that could improve focus and cash conversion but may trim growth. Read More.
• Negative Sentiment: Recent insider selling from senior executives and a director (e.g., SVP Kelly Brunetti Rose and Director Timothy Leach) has drawn attention; large, disclosed sales can add short‑term selling pressure and raise governance questions for some investors. Read More. Read More.
• Negative Sentiment: Louisiana is reportedly nearing a deal with ConocoPhillips over coastal erosion — potential settlement, remediation costs or reputational risk could be a longer‑term liability for the company. Read More.
• Negative Sentiment: Today’s oil‑price volatility — an earlier spike tied to Middle East tensions that later pulled back on strategic‑reserve headlines — increases earnings and multiple uncertainty for upstream names. Read More.

Insider Transactions at ConocoPhillips

In other news, SVP Kelly Brunetti Rose sold 8,500 shares of the firm’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $118.04, for a total transaction of $1,003,340.00. Following the sale, the senior vice president owned 32,984 shares in the company, valued at approximately $3,893,431.36. This trade represents a 20.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Ryan Michael Lance sold 500,708 shares of ConocoPhillips 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 sale, the chief executive officer directly owned 325,972 shares of the company’s stock, valued at $30,152,410. This represents a 60.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 549,208 shares of company stock valued at $52,070,430 in the last quarter. Insiders own 0.24% of the company’s stock.

ConocoPhillips Stock Performance

Shares of COP opened at $117.04 on Thursday. The company has a market cap of $144.63 billion, a PE ratio of 18.46, a price-to-earnings-growth ratio of 2.90 and a beta of 0.27. The company has a current ratio of 1.30, a quick ratio of 1.14 and a debt-to-equity ratio of 0.35. The stock has a 50-day moving average price of $105.58 and a 200-day moving average price of $96.61. ConocoPhillips has a 12-month low of $79.88 and a 12-month high of $122.50.

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

ConocoPhillips Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Wednesday, February 18th were paid a $0.84 dividend. This represents a $3.36 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Wednesday, February 18th. ConocoPhillips’s payout ratio is currently 53.00%.

Analysts Set New Price Targets

COP has been the subject of a number of analyst reports. Roth Mkm lowered ConocoPhillips from a “buy” rating to a “neutral” rating and set a $112.00 price target for the company. in a report on Tuesday, February 17th. Johnson Rice cut ConocoPhillips from an “accumulate” rating to a “hold” rating and dropped their price objective for the stock from $108.00 to $105.00 in a report on Friday, December 5th. Weiss Ratings restated a “hold (c-)” rating on shares of ConocoPhillips in a research note on Monday, December 29th. Argus lifted their target price on ConocoPhillips from $111.00 to $128.00 and gave the company a “strong-buy” rating in a report on Friday, February 13th. Finally, BMO Capital Markets upped their price target on ConocoPhillips from $115.00 to $130.00 and gave the company an “outperform” rating in a research report on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $117.54.

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.