Weatherly Asset Management L. P. Has $6.48 Million Stock Position in ConocoPhillips $COP

Weatherly Asset Management L. P. lifted its position in ConocoPhillips (NYSE:COP) by 6.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,214 shares of the energy producer’s stock after buying an additional 4,259 shares during the quarter. Weatherly Asset Management L. P.’s holdings in ConocoPhillips were worth $6,479,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Howard Hughes Medical Institute acquired a new position in shares of ConocoPhillips during the 2nd quarter worth about $25,000. Cloud Capital Management LLC acquired a new stake in ConocoPhillips in the 3rd quarter valued at about $26,000. KERR FINANCIAL PLANNING Corp bought a new position in ConocoPhillips during the third quarter worth about $28,000. Board of the Pension Protection Fund acquired a new position in ConocoPhillips during the fourth quarter worth approximately $28,000. Finally, Strive Asset Management LLC acquired a new position in ConocoPhillips during the third quarter worth approximately $28,000. 82.36% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about ConocoPhillips

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Zacks upgraded ConocoPhillips from “strong sell” to “hold,” a change that helped lift the stock into a new one-year high earlier this week. This upgrade provided near-term bullish momentum and validates some investor conviction in COP’s fundamentals. Zacks Upgrade
• Positive Sentiment: Coverage notes and press write-ups highlighted the analyst-driven move to a one-year high, reinforcing that part of the rally was sentiment/upgrade-driven rather than only operational news. New 1-Year High After Analyst Upgrade
• Neutral Sentiment: Industry context: coverage of ExxonMobil’s asset strategy and Goldman Sachs’ bullish view on dividend-paying energy names underscores sector-level optimism, which could support long-term oil major valuations but doesn’t change COP’s near-term price drivers. ExxonMobil Asset Strategy
• Neutral Sentiment: Community/operational note: a small-business training program expanded in Permian Basin communities — positive for local engagement but unlikely to move the stock materially. Permian Basin Training Program
• Negative Sentiment: Share pullback: multiple market reports note COP shares sank amid broader market gains as investors took profits after the upgrade-driven rally. This intraday weakness reflects position trimming rather than firm-specific operational misses. COP Stock Sinks
• Negative Sentiment: Geopolitical/oil price impact: coverage (Benzinga/MSN) points to investors unwinding a “war premium” as hopes for de‑escalation in Iran reduced risk-on pricing in crude (WTI), which directly pressures E&P and integrated oil names like COP. War Premium Unwinding MSN Coverage

Insider Buying and Selling

In other news, CEO Ryan Michael Lance sold 506,800 shares of the stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $127.26, for a total value of $64,495,368.00. Following the completion of the transaction, the chief executive officer owned 6,835 shares of the company’s stock, valued at approximately $869,822.10. This represents a 98.67% 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, EVP Nicholas G. Olds sold 14,522 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $119.36, for a total transaction of $1,733,345.92. Following the completion of the transaction, the executive vice president directly owned 12,389 shares of the company’s stock, valued at approximately $1,478,751.04. The trade was a 53.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 621,670 shares of company stock worth $78,320,133. 0.24% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Roth Mkm cut ConocoPhillips from a “buy” rating to a “neutral” rating and set a $112.00 price target on the stock. in a research note on Tuesday, February 17th. Wolfe Research lifted their price objective on shares of ConocoPhillips from $122.00 to $123.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. Truist Financial assumed coverage on shares of ConocoPhillips in a report on Tuesday, March 24th. They issued a “hold” rating and a $124.00 price objective on the stock. Johnson Rice lowered shares of ConocoPhillips from an “accumulate” rating to a “hold” rating and dropped their price objective for the company from $108.00 to $105.00 in a research report on Friday, December 5th. Finally, Susquehanna raised their target price on shares of ConocoPhillips from $115.00 to $121.00 and gave the stock a “positive” rating in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given 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 presently has a consensus rating of “Moderate Buy” and a consensus price target of $123.76.

ConocoPhillips Stock Down 2.7%

COP stock opened at $128.49 on Thursday. ConocoPhillips has a 52 week low of $79.88 and a 52 week high of $135.87. The business has a 50-day simple moving average of $114.62 and a 200 day simple moving average of $99.91. The company has a quick ratio of 1.14, a current ratio of 1.30 and a debt-to-equity ratio of 0.35. The company has a market cap of $156.61 billion, a PE ratio of 20.27, a price-to-earnings-growth ratio of 2.56 and a beta of 0.18.

ConocoPhillips (NYSE:COP) last released its earnings results 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 during the quarter, compared to the consensus estimate of $14.35 billion. ConocoPhillips had a net margin of 12.98% and a return on equity of 11.90%. ConocoPhillips’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.98 earnings per share. Sell-side analysts anticipate that ConocoPhillips will post 8.16 EPS for the current fiscal year.

ConocoPhillips Announces Dividend

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

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.