Capital Asset Advisory Services LLC Sells 9,789 Shares of ConocoPhillips $COP

Posted by George Bondi on Jul 2nd, 2026

ConocoPhillips logo Capital Asset Advisory Services LLC decreased its position in ConocoPhillips (NYSE:COP – Free Report) by 32.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,220 shares of the energy producer’s stock after selling 9,789 shares during the period. Capital Asset Advisory Services LLC’s holdings in ConocoPhillips were worth $2,669,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in ConocoPhillips during the 4th quarter worth $25,000. Strive Asset Management LLC purchased a new stake in shares of ConocoPhillips in the 3rd quarter worth $28,000. Board of the Pension Protection Fund bought a new position in shares of ConocoPhillips during the 4th quarter worth $28,000. KERR FINANCIAL PLANNING Corp bought a new position in shares of ConocoPhillips during the 3rd quarter worth $28,000. Finally, Sfam LLC bought a new position in shares of ConocoPhillips during the 4th quarter worth $34,000. Institutional investors own 82.36% of the company’s stock.

ConocoPhillips Trading Down 0.7%

Shares of NYSE:COP opened at $103.25 on Thursday. The company has a market capitalization of $125.78 billion, a PE ratio of 17.53, a P/E/G ratio of 1.20 and a beta of 0.12. The company has a current ratio of 1.29, a quick ratio of 1.14 and a debt-to-equity ratio of 0.34. ConocoPhillips has a 12-month low of $85.57 and a 12-month high of $135.87. The business’s fifty day simple moving average is $116.43 and its 200-day simple moving average is $112.12.

ConocoPhillips (NYSE:COP – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The energy producer reported $1.89 earnings per share for the quarter, topping analysts’ consensus estimates of $1.72 by $0.17. ConocoPhillips had a return on equity of 11.39% and a net margin of 12.10%.The firm had revenue of $15.76 billion during the quarter, compared to analysts’ expectations of $15.62 billion. During the same period in the prior year, the business posted $2.09 EPS. The firm’s quarterly revenue was down 6.1% on a year-over-year basis. As a group, equities research analysts predict that ConocoPhillips will post 9.66 earnings per share for the current fiscal year.

ConocoPhillips Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 11th were given a dividend of $0.84 per share. This represents a $3.36 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Monday, May 11th. ConocoPhillips’s dividend payout ratio is presently 57.05%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. UBS Group lifted their price objective on ConocoPhillips from $130.00 to $144.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Roth Mkm upgraded shares of ConocoPhillips from a “neutral” rating to a “buy” rating and increased their target price for the stock from $124.00 to $130.00 in a report on Monday, June 22nd. Capital One Financial cut their target price on shares of ConocoPhillips from $156.00 to $154.00 and set an “equal weight” rating on the stock in a research report on Monday, May 18th. The Goldman Sachs Group reduced their price target on shares of ConocoPhillips from $144.00 to $138.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Argus upped their price target on shares of ConocoPhillips from $128.00 to $136.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Eighteen investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, ConocoPhillips presently has a consensus rating of “Moderate Buy” and an average price target of $134.76.

Get Our Latest Report on COP

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.