Rakuten Investment Management Inc. Buys Shares of 93,967 ConocoPhillips $COP

Rakuten Investment Management Inc. purchased a new position in shares of ConocoPhillips (NYSE:COP) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 93,967 shares of the energy producer’s stock, valued at approximately $8,888,000.

Other hedge funds also recently modified their holdings of the company. Cornerstone Wealth Group LLC increased its position in ConocoPhillips by 1.7% during the third quarter. Cornerstone Wealth Group LLC now owns 60,146 shares of the energy producer’s stock worth $5,689,000 after acquiring an additional 1,029 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH grew its position in ConocoPhillips by 2.0% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 555,553 shares of the energy producer’s stock worth $52,550,000 after purchasing an additional 10,634 shares during the last quarter. Vest Financial LLC increased its holdings in shares of ConocoPhillips by 23.8% during the 3rd quarter. Vest Financial LLC now owns 28,309 shares of the energy producer’s stock worth $2,678,000 after purchasing an additional 5,443 shares during the period. Joel Isaacson & Co. LLC acquired a new position in shares of ConocoPhillips during the third quarter valued at about $583,000. Finally, First Interstate Bank bought a new stake in shares of ConocoPhillips in the third quarter valued at about $785,000. 82.36% of the stock is owned by institutional investors.

Key ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

• Positive Sentiment: Capital One raised its price target on COP to $116 (from $111) while keeping an “equal weight” rating — the higher target implies meaningful upside vs. the current share level and likely supported buying interest. Capital One Adjusts Price Target on ConocoPhillips to $116
• Positive Sentiment: Western Midstream announced new commercial deals involving Occidental and ConocoPhillips — agreements that can improve takeaway capacity and logistics for production, a modest operational positive for COP. Western Midstream Secures New Deals with Occidental, ConocoPhillips
• Neutral Sentiment: Coverage on Alaska’s energy activity highlights longer‑term production upside in the region near Iñupiaq communities; relevant for longer‑term reserves/exposure but not an immediate catalyst. Alaska’s oil renaissance has arrived at the doorstep of an Iñupiaq village
• Neutral Sentiment: Analyst commentary and deeper research pieces (e.g., Seeking Alpha) discuss COP’s capital efficiency and dividend story versus oversupply risks — useful context for fundamentals but mixed in directional impact. ConocoPhillips: Oversupply Risks Meet Capital Efficiency And Secure Growth/Dividend Story
• Negative Sentiment: JPMorgan downgraded COP from “Overweight” to “Neutral” (Arun Jayaram) — a notable analyst downgrade that can pressure sentiment and limit near‑term buying from institutions tracking analyst ratings. ConocoPhillips (COP) Downgraded at JPMorgan
• Negative Sentiment: Coverage flagged legal and security risks tied to a potential Conoco return to Venezuela, including a reported $12 billion dispute and incidents cited in media — a material geopolitical/legal overhang if exposures escalate. Kidnapping and $12 Billion Battle Hang Over Conoco Return to Venezuela
• Negative Sentiment: Short‑term weakness showed up in market coverage (Zacks noted a larger intraday dip vs. the broader market), reflecting volatility after the mix of news and analyst moves. ConocoPhillips (COP) Sees a More Significant Dip Than Broader Market

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Mizuho upped their price target on ConocoPhillips from $120.00 to $121.00 and gave the company an “outperform” rating in a report on Friday, December 12th. UBS Group upped their target price on ConocoPhillips from $117.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, December 12th. Wolfe Research reduced their target price on ConocoPhillips from $126.00 to $122.00 and set an “outperform” rating for the company in a research report on Tuesday, January 13th. Piper Sandler decreased their price target on shares of ConocoPhillips from $115.00 to $109.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. Finally, Barclays dropped their price objective on shares of ConocoPhillips from $122.00 to $118.00 and set an “overweight” rating for the company in a research note on Tuesday, October 7th. Sixteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $110.78.

Insiders Place Their Bets

In related news, CEO Ryan Michael Lance sold 500,708 shares of ConocoPhillips stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $92.50, for a total value of $46,315,490.00. Following the completion of the transaction, the chief executive officer directly owned 325,972 shares of the company’s stock, valued at $30,152,410. The trade was a 60.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director William H. Mcraven purchased 5,768 shares of ConocoPhillips stock in a transaction that occurred on Monday, November 10th. The shares were bought at an average price of $86.68 per share, for a total transaction of $499,970.24. Following the transaction, the director owned 5,768 shares in the company, valued at $499,970.24. This represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.24% of the company’s stock.

ConocoPhillips Price Performance

Shares of ConocoPhillips stock opened at $97.13 on Thursday. ConocoPhillips has a 1-year low of $79.88 and a 1-year high of $106.20. The firm’s 50-day moving average price is $93.11 and its two-hundred day moving average price is $92.97. The company has a current ratio of 1.32, a quick ratio of 1.18 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $120.03 billion, a price-to-earnings ratio of 13.74, a P/E/G ratio of 2.82 and a beta of 0.32.

ConocoPhillips (NYSE:COP) last released its quarterly earnings results on Thursday, November 6th. The energy producer reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.20. ConocoPhillips had a return on equity of 13.64% and a net margin of 14.25%.The business had revenue of $15.03 billion for the quarter, compared to analyst estimates of $14.51 billion. During the same period in the prior year, the company earned $1.78 EPS. ConocoPhillips’s revenue for the quarter was up 14.1% on a year-over-year basis. On average, equities analysts predict that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were issued a dividend of $0.84 per share. The ex-dividend date was Monday, November 17th. This is a boost from ConocoPhillips’s previous quarterly dividend of $0.78. This represents a $3.36 annualized dividend and a dividend yield of 3.5%. ConocoPhillips’s dividend payout ratio (DPR) is currently 47.52%.

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.