HF Advisory Group LLC Purchases 54,679 Shares of ConocoPhillips $COP

HF Advisory Group LLC raised its position in shares of ConocoPhillips (NYSE:COP) by 255.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,064 shares of the energy producer’s stock after purchasing an additional 54,679 shares during the period. HF Advisory Group LLC’s holdings in ConocoPhillips were worth $7,120,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of COP. Howard Hughes Medical Institute acquired a new position in shares of ConocoPhillips during the 2nd quarter worth $25,000. Cloud Capital Management LLC acquired a new stake in ConocoPhillips in the third quarter valued at about $26,000. Strive Asset Management LLC bought a new position in ConocoPhillips in the third quarter valued at about $28,000. Board of the Pension Protection Fund bought a new position in ConocoPhillips in the fourth quarter valued at about $28,000. Finally, Cedar Mountain Advisors LLC raised its stake 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 acquiring an additional 116 shares in the last quarter. Institutional investors and hedge funds own 82.36% of the company’s stock.

Insiders Place Their Bets

In other ConocoPhillips news, SVP Heather G. Hrap sold 2,654 shares of the 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 of the company’s stock, valued at approximately $677,747.84. This represents a 31.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Ryan Michael Lance sold 506,800 shares of the company’s stock in a transaction 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 directly owned 6,835 shares in the company, valued at $869,822.10. This trade represents a 98.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 621,670 shares of company stock valued at $78,320,133 over the last three months. Insiders own 0.24% of the company’s stock.

ConocoPhillips Trading Down 2.7%

COP opened at $128.49 on Thursday. 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 fifty-two week low of $79.88 and a fifty-two week high of $135.87. The company’s 50 day moving average price is $114.62 and its two-hundred day moving average price is $99.91. The firm has a market capitalization of $156.61 billion, a price-to-earnings ratio of 20.27, a PEG ratio of 2.56 and a beta of 0.18.

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

ConocoPhillips Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Wednesday, February 18th were given a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Wednesday, February 18th. ConocoPhillips’s dividend payout ratio (DPR) is 53.00%.

ConocoPhillips News Roundup

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Zacks upgraded ConocoPhillips from “strong sell” to “hold,” and an analyst upgrade helped push COP to a new 1‑year high earlier — a catalyst that supported recent upside in the shares. Zacks Upgrade
• Positive Sentiment: Local Permian Basin community engagement (small-business training) is modestly positive for Permian operations and PR, though it is unlikely to move the stock materially on its own. Permian Training Program
• Neutral Sentiment: Goldman Sachs published bullish views on several dividend-paying energy names; broad positive analyst sentiment toward integrated/producer names can support sector flows, but the article does not single out COP for a specific rating change. Goldman Sachs Energy Picks
• Neutral Sentiment: Coverage of ExxonMobil’s advantaged upstream assets highlights why some investors may favor XOM’s growth/return profile; this competitor focus can reallocate capital within the sector away from peers like COP. Exxon Upstream Assets
• Negative Sentiment: Market reports show COP shares falling on the session amid broad market moves — headline pieces note a -2.7% session decline as investors trim positions after the recent run-up. Zacks: COP Stock Sinks
• Negative Sentiment: Analysts and traders cite an unwind of the geopolitical/war premium (Iran de‑escalation hopes), which reduced WTI crude and pressured COP shares that benefited from higher risk-premium levels. Benzinga: Unwinding War Premium

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on COP. Zacks Research upgraded shares of ConocoPhillips from a “strong sell” rating to a “hold” rating in a research note on Monday. Citigroup increased their price objective on shares of ConocoPhillips from $125.00 to $135.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Wolfe Research boosted their target price on shares of ConocoPhillips from $122.00 to $123.00 and gave the stock an “outperform” rating in a research note on Monday, January 26th. Truist Financial assumed coverage on shares of ConocoPhillips in a report on Tuesday, March 24th. They set a “hold” rating and a $124.00 price target for the company. Finally, Morgan Stanley raised their price objective on ConocoPhillips from $108.00 to $149.00 and gave the company an “overweight” rating in a report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $123.76.

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.