OLD National Bancorp IN Trims Position in ConocoPhillips $COP

OLD National Bancorp IN lessened its holdings in shares of ConocoPhillips (NYSE:COP) by 7.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 98,560 shares of the energy producer’s stock after selling 7,982 shares during the quarter. OLD National Bancorp IN’s holdings in ConocoPhillips were worth $9,226,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in COP. Mystic Asset Management Inc. increased its position in ConocoPhillips by 5.6% during the 4th quarter. Mystic Asset Management Inc. now owns 9,558 shares of the energy producer’s stock valued at $895,000 after purchasing an additional 508 shares during the period. West Michigan Advisors LLC lifted its position in shares of ConocoPhillips by 13.9% in the 4th quarter. West Michigan Advisors LLC now owns 4,761 shares of the energy producer’s stock worth $446,000 after purchasing an additional 581 shares during the period. Meadow Creek Wealth Advisors LLC lifted its position in shares of ConocoPhillips by 5.8% in the 4th quarter. Meadow Creek Wealth Advisors LLC now owns 2,939 shares of the energy producer’s stock worth $275,000 after purchasing an additional 161 shares during the period. Kanawha Capital Management LLC boosted its stake in shares of ConocoPhillips by 2.6% during the 4th quarter. Kanawha Capital Management LLC now owns 38,858 shares of the energy producer’s stock valued at $3,637,000 after purchasing an additional 982 shares in the last quarter. Finally, Confluence Wealth Services Inc. boosted its stake in shares of ConocoPhillips by 48.9% during the 4th quarter. Confluence Wealth Services Inc. now owns 33,858 shares of the energy producer’s stock valued at $3,169,000 after purchasing an additional 11,112 shares in the last quarter. Hedge funds and other institutional investors own 82.36% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Capital One Financial increased their price target on shares of ConocoPhillips from $116.00 to $156.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 26th. Wall Street Zen raised ConocoPhillips from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Piper Sandler increased their target price on ConocoPhillips from $154.00 to $157.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 8th. Jefferies Financial Group raised their target price on ConocoPhillips from $129.00 to $160.00 and gave the company a “buy” rating in a research note on Monday, April 13th. Finally, JPMorgan Chase & Co. lifted their price target on ConocoPhillips from $98.00 to $103.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $131.36.

Insider Transactions at ConocoPhillips

In other ConocoPhillips news, SVP Kelly Brunetti Rose sold 8,500 shares of the firm’s stock in a transaction dated 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 completion of the sale, the senior vice president directly 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 document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Andrew D. Lundquist sold 34,500 shares of ConocoPhillips stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $119.68, for a total transaction of $4,128,960.00. Following the completion of the transaction, the senior vice president directly owned 17,469 shares of the company’s stock, valued at $2,090,689.92. This trade represents a 66.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 734,891 shares of company stock worth $93,345,692 over the last quarter. Corporate insiders own 0.09% of the company’s stock.

ConocoPhillips Stock Performance

Shares of COP opened at $124.35 on Thursday. 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 business’s 50 day moving average price is $120.54 and its 200-day moving average price is $102.97. ConocoPhillips has a 52 week low of $84.28 and a 52 week high of $135.87. The stock has a market cap of $151.57 billion, a P/E ratio of 19.58, a P/E/G ratio of 2.30 and a beta of 0.19.

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 analysts’ consensus estimates of $1.23 by ($0.21). The company had revenue of $13.86 billion for 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%. The firm’s quarterly revenue was down 3.7% on a year-over-year basis. During the same period last year, the business earned $1.98 EPS. Equities research analysts anticipate that ConocoPhillips will post 7.3 earnings per share for the current fiscal year.

ConocoPhillips Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Wednesday, February 18th were issued a dividend of $0.84 per share. The ex-dividend date was Wednesday, February 18th. This represents a $3.36 annualized dividend and a dividend yield of 2.7%. ConocoPhillips’s dividend payout ratio (DPR) is presently 53.00%.

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Susquehanna sharply raised its price target to $149 and kept a “positive” rating, signaling sizable upside versus the prior target and providing a direct bullish catalyst for investors. Susquehanna adjusts PT on ConocoPhillips
• Positive Sentiment: News coverage noted COP outperformed the market in the latest session — headlines and write-ups pointing to upgrades and operational momentum likely supported the uptick in the shares. Why ConocoPhillips (COP) Outpaced the Stock Market Today
• Positive Sentiment: Analyst-focused pieces highlight COP’s strong Lower‑48 (Permian) position, recent production metrics and a multi‑billion dollar investment plan — reinforcing a longer‑term growth narrative that supports investor confidence. Will ConocoPhillips Leverage Its Lower 48 Assets
• Neutral Sentiment: Scotiabank raised its price target to $125 but kept a “sector perform” rating, signaling a modest near‑term upside view rather than a strong buy signal. This is supportive but more muted than a full upgrade. Scotiabank raises PT on ConocoPhillips
• Neutral Sentiment: Industry roundups and comparisons (e.g., top energy stocks lists and side‑by‑side analyses vs. peers like Enbridge) keep COP on investors’ watchlists but mostly reinforce existing views rather than produce immediate directional moves. Top 4 Energy Stocks to Watch in 2026
• Neutral Sentiment: Other sector activity (e.g., contractors relocating to Houston’s Energy Corridor) underlines broader industry concentration but has only an indirect effect on COP’s stock. Brock Group Relocates Headquarters to Houston’s Energy Corridor
• Negative Sentiment: Proxy adviser ISS recommended shareholders vote for an independent board chair, citing the need for stronger oversight — a governance flag that could create activist or proxy battle concerns and weigh on sentiment if escalated. ISS urges ConocoPhillips shareholders to vote for independent board chair

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.