ProShare Advisors LLC Boosts Stock Position in ConocoPhillips $COP

Posted by Brian Himes on May 21st, 2026

ConocoPhillips logo ProShare Advisors LLC grew its holdings in shares of ConocoPhillips (NYSE:COP – Free Report) by 5.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 258,998 shares of the energy producer’s stock after acquiring an additional 13,904 shares during the period. ProShare Advisors LLC’s holdings in ConocoPhillips were worth $24,245,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in COP. Summit Wealth Group LLC bought a new stake in shares of ConocoPhillips in the 4th quarter worth about $207,000. HighTower Advisors LLC raised its stake in shares of ConocoPhillips by 2.4% in the 4th quarter. HighTower Advisors LLC now owns 685,135 shares of the energy producer’s stock valued at $64,135,000 after purchasing an additional 16,144 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of ConocoPhillips by 0.5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 162,579 shares of the energy producer’s stock worth $15,219,000 after purchasing an additional 772 shares during the last quarter. Stronghold Wealth Management L.L.C. acquired a new position in ConocoPhillips in the fourth quarter worth about $298,000. Finally, Entrust Financial LLC acquired a new position in ConocoPhillips in the fourth quarter worth about $84,000. Institutional investors and hedge funds own 82.36% of the company’s stock.

Insider Transactions at ConocoPhillips

In other ConocoPhillips news, CEO Ryan Michael Lance sold 113,221 shares of the firm’s stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $132.71, for a total value of $15,025,558.91. Following the sale, the chief executive officer directly owned 350,000 shares in the company, valued at approximately $46,448,500. This trade represents a 24.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Heather G. Hrap sold 2,654 shares of the business’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $119.68, for a total transaction of $317,630.72. Following the transaction, the senior vice president directly owned 5,663 shares of the company’s stock, valued at approximately $677,747.84. This trade represents a 31.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 734,891 shares of company stock valued at $93,345,692 over the last three months. 0.09% of the stock is currently owned by company insiders.

ConocoPhillips Stock Performance

Shares of NYSE COP opened at $122.33 on Thursday. The company has a quick ratio of 1.14, a current ratio of 1.29 and a debt-to-equity ratio of 0.34. The firm’s 50-day moving average price is $123.48 and its two-hundred day moving average price is $107.14. ConocoPhillips has a 52-week low of $84.28 and a 52-week high of $135.87. The stock has a market capitalization of $149.04 billion, a P/E ratio of 20.77, a P/E/G ratio of 1.44 and a beta of 0.14.

ConocoPhillips (NYSE:COP – Get Free Report) last posted its earnings results on Thursday, April 30th. The energy producer reported $1.89 EPS for the quarter, beating the consensus estimate of $1.72 by $0.17. The company had revenue of $15.76 billion during the quarter, compared to analyst estimates of $15.62 billion. ConocoPhillips had a return on equity of 11.39% and a net margin of 12.10%.The business’s revenue was down 6.1% compared to the same quarter last year. During the same period in the prior year, the company earned $2.09 earnings per share. As a group, sell-side analysts forecast that ConocoPhillips will post 9.63 earnings per share for the current year.

ConocoPhillips Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 11th will be paid a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Monday, May 11th. ConocoPhillips’s dividend payout ratio is presently 57.05%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on COP. Freedom Capital cut ConocoPhillips from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 6th. Wall Street Zen upgraded ConocoPhillips from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Piper Sandler boosted their price target on ConocoPhillips from $154.00 to $157.00 and gave the company an “overweight” rating in a report on Wednesday, April 8th. Wolfe Research upped their price target on ConocoPhillips from $138.00 to $144.00 and gave the company an “outperform” rating in a research report on Monday, April 6th. Finally, Roth Mkm cut ConocoPhillips from a “buy” rating to a “neutral” rating and set a $112.00 price objective on the stock. in a research note on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $133.12.

Check Out Our Latest Analysis on ConocoPhillips

ConocoPhillips News Roundup

Here are the key news stories impacting ConocoPhillips this week:

Positive Sentiment: ConocoPhillips signed a 30-year gas sales agreement tied to the Alaska LNG project, giving the company long-duration visibility on gas volumes and strengthening the investment case for its Alaska assets. ConocoPhillips Alaska LNG Deal Extends Gas Visibility And Valuation Debate
Positive Sentiment: Reuters reported that delays in ConocoPhillips’ Qatar gas joint ventures are expected to be measured in months rather than years, which reduces concern around the timing of future LNG growth. ConocoPhillips expects Qatar gas JVs delays of months, not years
Positive Sentiment: Analysts and screeners highlighted COP as a high-ROE name, a momentum stock, and a company with rising earnings estimates, all of which can support investor demand for the shares. 5 Stocks With High ROE to Profit as Markets Skid on Tech Slump Earnings Estimates Rising for ConocoPhillips (COP): Will It Gain?
Positive Sentiment: Jefferies reportedly set a new $161 price target for COP, reinforcing a constructive Wall Street view on the stock. ConocoPhillips Given New $161.00 Price Target at Jefferies Financial Group
Neutral Sentiment: Several articles were more about COP’s standing versus peers or general broker sentiment, offering context but little immediate new catalyst. ConocoPhillips (COP) Is Considered a Good Investment by Brokers: Is That True? Occidental Petroleum Stock Is Up 45% This Year…
Negative Sentiment: Despite the positive longer-term narrative, COP also tracked a broader market pullback and energy volatility, which may have contributed to the stock’s softer tone in the latest trading session. 5 Stocks With High ROE to Profit as Markets Skid on Tech Slump

ConocoPhillips Company Profile

(Free Report)

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.