ConocoPhillips (NYSE:COP) Shares Purchased by R.H. Investment Group LLC

03 Jul 2025, 12:22 by Amy Steele · The Cerbat Gem

R.H. Investment Group LLC grew its position in shares of ConocoPhillips (NYSE:COP – Free Report) by 0.4% during the 1st quarter, Holdings Channel reports. The firm owned 46,043 shares of the energy producer’s stock after purchasing an additional 195 shares during the period. ConocoPhillips comprises 4.7% of R.H. Investment Group LLC’s investment portfolio, making the stock its 7th largest position. R.H. Investment Group LLC’s holdings in ConocoPhillips were worth $4,835,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Proficio Capital Partners LLC boosted its holdings in ConocoPhillips by 11,933.6% during the fourth quarter. Proficio Capital Partners LLC now owns 1,461,117 shares of the energy producer’s stock worth $1,461,000 after buying an additional 1,448,975 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of ConocoPhillips during the 4th quarter worth $145,000. Meridian Wealth Management LLC grew its holdings in shares of ConocoPhillips by 46.1% in the 4th quarter. Meridian Wealth Management LLC now owns 5,317 shares of the energy producer’s stock worth $527,000 after acquiring an additional 1,678 shares during the last quarter. Steward Partners Investment Advisory LLC raised its position in shares of ConocoPhillips by 59.1% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 118,287 shares of the energy producer’s stock worth $11,730,000 after purchasing an additional 43,932 shares during the period. Finally, Bahl & Gaynor Inc. lifted its holdings in shares of ConocoPhillips by 13.6% during the fourth quarter. Bahl & Gaynor Inc. now owns 3,507 shares of the energy producer’s stock valued at $348,000 after purchasing an additional 421 shares during the last quarter. 82.36% of the stock is currently owned by institutional investors and hedge funds.

ConocoPhillips Stock Up 2.5%

COP stock opened at $94.32 on Thursday. The firm has a market cap of $119.24 billion, a PE ratio of 11.98, a PEG ratio of 2.49 and a beta of 0.61. ConocoPhillips has a 1 year low of $79.88 and a 1 year high of $118.40. The company has a fifty day simple moving average of $90.13 and a 200 day simple moving average of $94.87. The company has a current ratio of 1.27, a quick ratio of 1.13 and a debt-to-equity ratio of 0.36.

ConocoPhillips (NYSE:COP – Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The energy producer reported $2.09 earnings per share for the quarter, topping analysts’ consensus estimates of $2.05 by $0.04. The company had revenue of $16.18 billion during the quarter, compared to analysts’ expectations of $15.74 billion. ConocoPhillips had a return on equity of 16.54% and a net margin of 16.02%. During the same quarter in the previous year, the firm earned $2.05 earnings per share. Sell-side analysts anticipate that ConocoPhillips will post 8.16 EPS for the current fiscal year.

ConocoPhillips Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts recently weighed in on COP shares. Wells Fargo & Company reissued an “overweight” rating and issued a $117.00 price target (up previously from $113.00) on shares of ConocoPhillips in a research note on Thursday, June 26th. Scotiabank dropped their target price on shares of ConocoPhillips from $115.00 to $95.00 and set a “sector perform” rating on the stock in a research report on Friday, April 11th. Morgan Stanley boosted their price target on shares of ConocoPhillips from $116.00 to $118.00 and gave the company an “overweight” rating in a report on Friday, May 9th. Citigroup decreased their price objective on shares of ConocoPhillips from $140.00 to $115.00 and set a “buy” rating for the company in a research note on Wednesday, June 11th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of ConocoPhillips from $127.00 to $115.00 and set an “overweight” rating on the stock in a research report on Thursday, March 13th. Three analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $121.80.

View Our Latest Report on COP

Insider Transactions at ConocoPhillips

In other news, EVP Kirk L. Johnson purchased 5,300 shares of the company’s stock in a transaction dated Monday, June 16th. The shares were bought at an average price of $94.24 per share, with a total value of $499,472.00. Following the completion of the transaction, the executive vice president directly owned 14,527 shares in the company, valued at $1,369,024.48. This trade represents a 57.44% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.24% of the stock is owned by insiders.

ConocoPhillips Company Profile

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