Sendero Wealth Management LLC Lowers Stock Position in ConocoPhillips $COP

Sendero Wealth Management LLC cut its holdings in shares of ConocoPhillips (NYSE:COP) by 25.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 84,956 shares of the energy producer’s stock after selling 28,883 shares during the period. ConocoPhillips makes up 0.9% of Sendero Wealth Management LLC’s holdings, making the stock its 22nd biggest holding. Sendero Wealth Management LLC’s holdings in ConocoPhillips were worth $7,953,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of COP. Magnetar Financial LLC bought a new stake in ConocoPhillips during the 2nd quarter valued at $254,000. Global Retirement Partners LLC bought a new position in shares of ConocoPhillips in the 2nd quarter worth $1,346,000. Maia Wealth LLC raised its position in shares of ConocoPhillips by 53.8% in the 2nd quarter. Maia Wealth LLC now owns 7,775 shares of the energy producer’s stock worth $698,000 after acquiring an additional 2,721 shares in the last quarter. Choreo LLC lifted its stake in shares of ConocoPhillips by 3.4% during the 2nd quarter. Choreo LLC now owns 64,861 shares of the energy producer’s stock worth $5,821,000 after purchasing an additional 2,109 shares during the last quarter. Finally, Garner Asset Management Corp lifted its stake in shares of ConocoPhillips by 9.9% during the 2nd quarter. Garner Asset Management Corp now owns 28,637 shares of the energy producer’s stock worth $2,570,000 after purchasing an additional 2,588 shares during the last quarter. 82.36% of the stock is owned by hedge funds and other institutional investors.

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Analysts and industry writeups highlight ConocoPhillips’ low‑cost, efficient position among U.S. integrated producers, supporting resilience versus sector headwinds. Zacks Industry Outlook
• Positive Sentiment: CEO Ryan Lance told media the company views recent LNG outages as manageable for COP, which reassures investors about operational continuity and cash‑flow outlook. CNBC Interview with CEO Ryan Lance
• Positive Sentiment: Industry trend — majors are pursuing international acreage (“land grab”) as U.S. shale growth moderates, which could expand ConocoPhillips’ long‑term growth runway. Barron’s: Land Grab
• Neutral Sentiment: Momentum/valuation debate: recent strong share gains have prompted articles assessing whether COP remains attractively priced — boosts interest but also raises short‑term profit‑taking risk. Valuation Check
• Neutral Sentiment: Options desks note COP is a candidate for covered‑call strategies, suggesting some investors prefer income harvesting over chasing further upside. Covered‑Call Note
• Negative Sentiment: Insider selling: disclosures show multiple senior executives (including an SVP and a large reported sale by the CEO) trimmed positions this week — a signal some investors view as a near‑term caution. Insider Sales
• Negative Sentiment: Geopolitical/operational risk: ConocoPhillips reported evacuations and heightened security after strikes damaged Qatari facilities and has asked the U.S. for expanded protection — this elevates short‑term LNG disruption risk for COP. Qatar / U.S. Protection Request
• Negative Sentiment: Mixed sell‑side views and new coverage (Truist initiation) create a spread of price targets and temper upside conviction for some investors. Truist Coverage Initiated

Insider Buying and Selling

In other ConocoPhillips news, CEO Ryan Michael Lance sold 506,800 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $127.26, for a total transaction of $64,495,368.00. Following the sale, the chief executive officer owned 6,835 shares of the company’s stock, valued at approximately $869,822.10. The trade was a 98.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Andrew D. Lundquist sold 34,500 shares of the company’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 $4,128,960.00. Following the transaction, the senior vice president owned 17,469 shares in the company, valued at $2,090,689.92. The trade was a 66.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 621,670 shares of company stock worth $78,320,133 over the last ninety days. Company insiders own 0.24% of the company’s stock.

ConocoPhillips Trading Up 3.4%

Shares of NYSE:COP opened at $133.32 on Friday. The business’s 50-day moving average is $111.85 and its 200 day moving average is $98.78. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.30 and a quick ratio of 1.14. ConocoPhillips has a 1 year low of $79.88 and a 1 year high of $133.55. The firm has a market capitalization of $164.74 billion, a P/E ratio of 21.03, a P/E/G ratio of 2.96 and a beta of 0.27.

ConocoPhillips (NYSE:COP) last issued its quarterly earnings results 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). ConocoPhillips had a return on equity of 11.90% and a net margin of 12.98%.The business had revenue of $13.86 billion during the quarter, compared to analyst estimates of $14.35 billion. During the same period in the prior year, the business posted $1.98 EPS. ConocoPhillips’s revenue was down 3.7% compared to the same quarter last year. On average, research analysts predict that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Wednesday, February 18th were paid a $0.84 dividend. The ex-dividend date was Wednesday, February 18th. This represents a $3.36 dividend on an annualized basis and a yield of 2.5%. ConocoPhillips’s dividend payout ratio (DPR) is 53.00%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on COP. Wolfe Research lifted their target price on ConocoPhillips from $122.00 to $123.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. Mizuho increased their price target on shares of ConocoPhillips from $121.00 to $136.00 and gave the company an “outperform” rating in a research report on Tuesday, March 17th. Wall Street Zen upgraded shares of ConocoPhillips from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Sanford C. Bernstein cut their price objective on shares of ConocoPhillips from $116.00 to $98.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Finally, Morgan Stanley reduced their price objective on shares of ConocoPhillips from $117.00 to $108.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, ConocoPhillips has a consensus rating of “Moderate Buy” and an average price target of $120.52.

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.