Severin Investments LLC Purchases New Shares in ConocoPhillips $COP

Severin Investments LLC acquired a new position in shares of ConocoPhillips (NYSE:COP) during the 3rd quarter, Holdings Channel reports. The firm acquired 5,006 shares of the energy producer’s stock, valued at approximately $473,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of COP. Kingsview Wealth Management LLC boosted its position in shares of ConocoPhillips by 8.9% in the second quarter. Kingsview Wealth Management LLC now owns 32,432 shares of the energy producer’s stock valued at $2,910,000 after acquiring an additional 2,649 shares during the period. Nordwand Advisors LLC bought a new position in ConocoPhillips during the second quarter worth about $235,000. Perennial Investment Advisors LLC raised its stake in ConocoPhillips by 2.8% in the 2nd quarter. Perennial Investment Advisors LLC now owns 4,097 shares of the energy producer’s stock worth $368,000 after purchasing an additional 112 shares in the last quarter. Wealthspire Advisors LLC boosted its holdings in ConocoPhillips by 24.7% in the 2nd quarter. Wealthspire Advisors LLC now owns 9,667 shares of the energy producer’s stock valued at $867,000 after purchasing an additional 1,917 shares during the period. Finally, Birchbrook Inc. bought a new stake in ConocoPhillips in the 2nd quarter valued at about $707,000. Institutional investors and hedge funds own 82.36% of the company’s stock.

Insider Buying and Selling at ConocoPhillips

In other news, SVP Kelly Brunetti Rose sold 8,500 shares of the stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $118.04, for a total value of $1,003,340.00. Following the completion of the transaction, the senior vice president owned 32,984 shares of the company’s stock, valued at approximately $3,893,431.36. This represents a 20.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Heather G. Hrap sold 2,654 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $119.68, for a total transaction of $317,630.72. Following the completion of the sale, the senior vice president owned 5,663 shares in the company, valued at approximately $677,747.84. The trade was a 31.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 600,884 shares of company stock worth $58,250,367 over the last quarter. 0.24% of the stock is currently owned by company insiders.

ConocoPhillips Stock Performance

NYSE COP opened at $123.70 on Thursday. The firm’s 50 day simple moving average is $108.17 and its 200 day simple moving average is $97.45. The firm has a market capitalization of $152.85 billion, a price-to-earnings ratio of 19.51, a P/E/G ratio of 3.38 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. ConocoPhillips has a 1 year low of $79.88 and a 1 year high of $124.87.

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

ConocoPhillips Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Wednesday, February 18th were given a dividend of $0.84 per share. This represents a $3.36 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Wednesday, February 18th. ConocoPhillips’s dividend payout ratio is currently 53.00%.

Analysts Set New Price Targets

Several brokerages have recently commented on COP. Barclays raised their target price on shares of ConocoPhillips from $118.00 to $128.00 and gave the stock an “overweight” rating in a report on Monday. Mizuho increased their price target on ConocoPhillips from $121.00 to $136.00 and gave the stock an “outperform” rating in a research report on Tuesday. Citigroup raised their price objective on ConocoPhillips from $125.00 to $135.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Wall Street Zen raised ConocoPhillips from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Finally, JPMorgan Chase & Co. upped their target price on ConocoPhillips from $98.00 to $103.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $120.38.

Key Headlines Impacting ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: ConocoPhillips’ Australian unit issued a buyout notice to acquire 3D Energi’s participating interest in the VIC/P79 permit (Otway Basin). Consolidating the stake removes a non‑performing partner, preserves project timing and gives COP more operational control over a 2,575 km² shallow‑water acreage position — a near‑term positive for asset optionality. 3D Energi says ConocoPhillips’ Australian unit seeks buy to acquire its stake in Otway Basin ConocoPhillips issues buyout notice for 3D Energi’s VIC/P79 stake
• Positive Sentiment: Multiple brokerages raised targets on COP (examples: Barclays to $128, Mizuho to $136 and other firms boosting 2026 oil assumptions). Upgrades increase buy-side conviction and provide near‑term technical buyer support. Barclays Increases ConocoPhillips Price Target to $128.00 Mizuho raises price target coverage (coverage summary)
• Positive Sentiment: Higher oil-price expectations and Strait of Hormuz/tanker security concerns have pushed crude prices higher; that macro move benefits COP’s cash flow, margins and capital‑return capacity. Analyst notes cite stronger long‑term oil assumptions as a catalyst. Oil jumps as doubts linger over protection for Strait of Hormuz shipping
• Positive Sentiment: Minor institutional inflow: Advisory Services Network LLC modestly boosted its COP stake, a small vote of confidence from active managers. Advisory Services Network LLC Grows Stock Holdings in ConocoPhillips
• Neutral Sentiment: Press coverage notes ConocoPhillips is seeking to remove/replace a partner in the Australian exploration permit via default procedures — largely procedural but could mean small near‑term transaction costs depending on valuation outcomes. ConocoPhillips looks to remove partner in Australian exploration project
• Negative Sentiment: Insider selling: SVP Heather Hrap disclosed a sale of 2,654 shares. While single filings don’t prove negative fundamentals, clustered insider sales this week (other senior officers also sold) can heighten short‑term selling pressure or investor concern about timing. ConocoPhillips SVP Heather Hrap Sells Shares

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.