Calamos Advisors LLC Sells 995 Shares of ConocoPhillips (NYSE:COP)

04 Jul 2025, 07:56 by Scott Moore · The Cerbat Gem

Calamos Advisors LLC cut its holdings in ConocoPhillips (NYSE:COP – Free Report) by 0.4% in the 1st quarter, Holdings Channel reports. The institutional investor owned 246,857 shares of the energy producer’s stock after selling 995 shares during the period. Calamos Advisors LLC’s holdings in ConocoPhillips were worth $25,925,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of COP. Price T Rowe Associates Inc. MD raised its stake in shares of ConocoPhillips by 13.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 45,847,572 shares of the energy producer’s stock valued at $4,546,706,000 after purchasing an additional 5,549,078 shares during the period. Elevation Point Wealth Partners LLC grew its holdings in ConocoPhillips by 83.0% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 18,060 shares of the energy producer’s stock valued at $1,897,000 after buying an additional 8,189 shares in the last quarter. Schwartz Investment Counsel Inc. increased its position in shares of ConocoPhillips by 159.6% during the first quarter. Schwartz Investment Counsel Inc. now owns 48,800 shares of the energy producer’s stock valued at $5,125,000 after buying an additional 30,000 shares during the period. Hennessy Advisors Inc. lifted its holdings in shares of ConocoPhillips by 151.1% in the first quarter. Hennessy Advisors Inc. now owns 91,224 shares of the energy producer’s stock worth $9,580,000 after buying an additional 54,900 shares in the last quarter. Finally, ORG Wealth Partners LLC lifted its holdings in shares of ConocoPhillips by 853.3% in the first quarter. ORG Wealth Partners LLC now owns 6,616 shares of the energy producer’s stock worth $698,000 after buying an additional 5,922 shares in the last quarter. 82.36% of the stock is currently owned by hedge funds and other institutional investors.

ConocoPhillips Trading Down 0.2%

COP stock opened at $94.28 on Friday. The company has a market capitalization of $119.19 billion, a PE ratio of 11.98, a price-to-earnings-growth ratio of 2.55 and a beta of 0.61. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.13 and a current ratio of 1.27. ConocoPhillips has a one year low of $79.88 and a one year high of $118.40. The company’s 50 day moving average price is $90.18 and its two-hundred day moving average price is $94.84.

ConocoPhillips (NYSE:COP – Get Free Report) last released its earnings results on Thursday, May 8th. The energy producer reported $2.09 EPS for the quarter, beating the consensus estimate of $2.05 by $0.04. The company had revenue of $16.18 billion for the quarter, compared to analyst estimates of $15.74 billion. ConocoPhillips had a net margin of 16.02% and a return on equity of 16.54%. During the same quarter last year, the firm earned $2.05 EPS. As a group, analysts predict that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 19th were paid a $0.78 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $3.12 dividend on an annualized basis and a yield of 3.31%. ConocoPhillips’s dividend payout ratio (DPR) is currently 39.64%.

Analyst Ratings Changes

A number of research firms recently weighed in on COP. Barclays decreased their target price on shares of ConocoPhillips from $135.00 to $120.00 and set an “overweight” rating on the stock in a report on Wednesday, April 23rd. JPMorgan Chase & Co. lowered their price objective on ConocoPhillips from $127.00 to $115.00 and set an “overweight” rating on the stock in a research report on Thursday, March 13th. Royal Bank Of Canada dropped their price objective on ConocoPhillips from $120.00 to $115.00 and set an “outperform” rating for the company in a research note on Friday, May 30th. Piper Sandler upped their target price on ConocoPhillips from $107.00 to $113.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Scotiabank dropped their price target on ConocoPhillips from $115.00 to $95.00 and set a “sector perform” rating for the company in a research report on Friday, April 11th. Three research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $121.80.

Get Our Latest Analysis on COP

Insiders Place Their Bets

In other news, EVP Kirk L. Johnson bought 5,300 shares of the firm’s stock in a transaction that occurred on Monday, June 16th. The shares were bought at an average cost of $94.24 per share, with a total value of $499,472.00. Following the completion of the purchase, the executive vice president directly owned 14,527 shares in the company, valued at $1,369,024.48. This represents a 57.44% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.24% of the company’s stock.

ConocoPhillips Company Profile

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