ConocoPhillips (NYSE:COP) Shares Bought by IFM Investors Pty Ltd

04 Jul 2025, 11:52 by Amy Steele · The Cerbat Gem

IFM Investors Pty Ltd raised its holdings in ConocoPhillips (NYSE:COP – Free Report) by 1.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 247,562 shares of the energy producer’s stock after purchasing an additional 4,300 shares during the period. IFM Investors Pty Ltd’s holdings in ConocoPhillips were worth $26,063,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Gray Wealth Management Inc. boosted its holdings in ConocoPhillips by 5.0% in the 4th quarter. Gray Wealth Management Inc. now owns 2,171 shares of the energy producer’s stock valued at $215,000 after purchasing an additional 104 shares in the last quarter. Plancorp LLC boosted its stake in shares of ConocoPhillips by 2.7% in the fourth quarter. Plancorp LLC now owns 4,018 shares of the energy producer’s stock valued at $399,000 after buying an additional 104 shares in the last quarter. Thompson Siegel & Walmsley LLC grew its holdings in ConocoPhillips by 3.7% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 2,912 shares of the energy producer’s stock worth $289,000 after acquiring an additional 105 shares during the period. Councilmark Asset Management LLC raised its position in ConocoPhillips by 0.5% in the fourth quarter. Councilmark Asset Management LLC now owns 19,639 shares of the energy producer’s stock worth $1,948,000 after acquiring an additional 106 shares in the last quarter. Finally, Second Line Capital LLC lifted its holdings in ConocoPhillips by 2.2% in the fourth quarter. Second Line Capital LLC now owns 4,990 shares of the energy producer’s stock valued at $495,000 after acquiring an additional 108 shares during the period. 82.36% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at ConocoPhillips

In other ConocoPhillips news, EVP Kirk L. Johnson acquired 5,300 shares of the firm’s stock in a transaction dated Monday, June 16th. The shares were acquired at an average price of $94.24 per share, for a total transaction of $499,472.00. Following the completion of the acquisition, the executive vice president directly owned 14,527 shares of the company’s stock, valued at $1,369,024.48. This trade represents a 57.44% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.24% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

COP has been the topic of a number of recent analyst reports. Susquehanna lowered their price target on shares of ConocoPhillips from $120.00 to $114.00 and set a “positive” rating on the stock in a research note on Monday, May 12th. Barclays decreased their price objective 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. Royal Bank Of Canada dropped their target price on shares of ConocoPhillips from $120.00 to $115.00 and set an “outperform” rating for the company in a report on Friday, May 30th. Scotiabank decreased their price target on ConocoPhillips from $115.00 to $95.00 and set a “sector perform” rating on the stock in a research note on Friday, April 11th. Finally, Morgan Stanley raised their price objective on ConocoPhillips from $116.00 to $118.00 and gave the company an “overweight” rating in a research note on Friday, May 9th. Three investment analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $121.80.

Get Our Latest Stock Report on ConocoPhillips

ConocoPhillips Trading Down 0.2%

Shares of COP stock opened at $94.28 on Friday. The company has a market capitalization of $119.19 billion, a price-to-earnings ratio of 11.98, a PEG ratio of 2.55 and a beta of 0.61. The company has a current ratio of 1.27, a quick ratio of 1.13 and a debt-to-equity ratio of 0.36. The firm has a 50-day moving average price of $90.18 and a 200 day moving average price of $94.84. ConocoPhillips has a twelve month low of $79.88 and a twelve month high of $118.40.

ConocoPhillips (NYSE:COP – Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The energy producer reported $2.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.05 by $0.04. The business had revenue of $16.18 billion during 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 in the previous year, the business posted $2.05 earnings per share. Research analysts forecast that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Dividend Announcement

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

ConocoPhillips Profile

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