Clifford Swan Investment Counsel LLC Sells 6,007 Shares of ConocoPhillips $COP

Posted by Brian Himes on Sep 1st, 2026

ConocoPhillips logo Clifford Swan Investment Counsel LLC reduced its holdings in shares of ConocoPhillips (NYSE:COP – Free Report) by 6.7% in the second quarter, Holdings Channel reports. The institutional investor owned 83,565 shares of the energy producer’s stock after selling 6,007 shares during the period. Clifford Swan Investment Counsel LLC’s holdings in ConocoPhillips were worth $8,687,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of COP. Patten Group Inc. lifted its position in ConocoPhillips by 1.5% during the first quarter. Patten Group Inc. now owns 5,447 shares of the energy producer’s stock valued at $719,000 after purchasing an additional 83 shares in the last quarter. IFC Advisors LLC increased its position in ConocoPhillips by 0.4% in the first quarter. IFC Advisors LLC now owns 20,182 shares of the energy producer’s stock worth $2,664,000 after buying an additional 84 shares in the last quarter. Cornerstone Planning Group LLC increased its position in ConocoPhillips by 9.6% in the first quarter. Cornerstone Planning Group LLC now owns 1,006 shares of the energy producer’s stock worth $124,000 after buying an additional 88 shares in the last quarter. Blue Trust Inc. raised its stake in shares of ConocoPhillips by 0.4% in the first quarter. Blue Trust Inc. now owns 21,144 shares of the energy producer’s stock worth $2,791,000 after buying an additional 92 shares during the period. Finally, Sigma Planning Corp raised its stake in shares of ConocoPhillips by 0.6% in the first quarter. Sigma Planning Corp now owns 16,062 shares of the energy producer’s stock worth $2,120,000 after buying an additional 94 shares during the period. Hedge funds and other institutional investors own 82.36% of the company’s stock.

ConocoPhillips Stock Performance

NYSE COP opened at $132.63 on Tuesday. The company has a quick ratio of 1.39, a current ratio of 1.54 and a debt-to-equity ratio of 0.35. ConocoPhillips has a twelve month low of $85.57 and a twelve month high of $135.88. The business has a 50-day moving average price of $117.88 and a 200-day moving average price of $118.81. The firm has a market cap of $159.33 billion, a price-to-earnings ratio of 17.54, a price-to-earnings-growth ratio of 1.37 and a beta of 0.11.

ConocoPhillips (NYSE:COP – Get Free Report) last issued its earnings results on Thursday, August 6th. The energy producer reported $3.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.90 by $0.34. ConocoPhillips had a return on equity of 14.72% and a net margin of 14.22%.The company had revenue of $19.52 billion for the quarter, compared to the consensus estimate of $18.79 billion. During the same quarter last year, the company earned $1.42 EPS. The firm’s quarterly revenue was up 32.4% on a year-over-year basis. As a group, equities research analysts predict that ConocoPhillips will post 10.55 EPS for the current fiscal year.

ConocoPhillips Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be issued a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Monday, August 17th. ConocoPhillips’s dividend payout ratio (DPR) is 44.44%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on COP shares. Mizuho lowered their price objective on ConocoPhillips from $150.00 to $146.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 7th. Weiss Ratings raised shares of ConocoPhillips from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, August 6th. Capital One Financial decreased 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 note on Monday, May 18th. Barclays lowered their price target on shares of ConocoPhillips from $155.00 to $150.00 and set an “overweight” rating on the stock in a report on Monday, August 17th. Finally, Wells Fargo & Company increased their price objective on shares of ConocoPhillips from $183.00 to $189.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $140.29.

Check Out Our Latest Stock Analysis on COP

ConocoPhillips News Summary

Here are the key news stories impacting ConocoPhillips this week:

Positive Sentiment: Potential access to Venezuelan resources: A proposed U.S.-backed venture could give American oil companies access to development opportunities across 17 Venezuelan fields. Although ConocoPhillips was reportedly among companies previously hesitant to move quickly, greater U.S. government involvement could reduce some political and investment barriers over time. Trump’s Venezuela Deal Leaves $100 Billion Question Unanswered
Positive Sentiment: Potential Iraq growth opportunities: Iraqi officials discussed oil and gas development with BP and ConocoPhillips, highlighting possible project opportunities that could support the company’s international production portfolio. Iraq discusses oil and gas development with BP, ConocoPhillips
Positive Sentiment: Defensive industry positioning: Zacks identified ConocoPhillips as relatively well positioned to withstand slowing production growth, refining-related cost pressures and rising renewable-energy competition, supporting its investment case compared with weaker industry peers. Can These 3 U.S. Integrated Energy Stocks Overcome Industry Headwinds?
Neutral Sentiment: Venezuela investment uncertainty: Some major producers are questioning the proposed U.S.-Venezuela arrangement because of the central role of a Venezuelan businessman and uncertainty surrounding the investment structure. This could delay ConocoPhillips’ participation, even if the long-term resource potential is substantial. Trump’s oil deal with Venezuela raises red flags for some major producers
Negative Sentiment: Near-term supply benefits appear limited: Analysts caution that Venezuela’s enormous reserves will not quickly translate into additional oil production because of infrastructure, financing and operational constraints. That weakens the immediate earnings benefit implied by the deal and could contribute to future global supply growth. Energy Expert Warns Venezuela’s Oil Deal Won’t Fix Supply Anytime Soon
Negative Sentiment: Buyout-related valuation dispute: 3D Energi is challenging an independent valuation of its 20% interest during a ConocoPhillips buyout process. The dispute could complicate negotiations or increase transaction costs, although it does not necessarily alter the underlying asset value. 3D Energi Challenges Independent Valuation

Insider Activity

In other news, SVP Andrew D. Lundquist sold 9,487 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $135.15, for a total value of $1,282,168.05. Following the transaction, the senior vice president owned 9,593 shares of the company’s stock, valued at approximately $1,296,493.95. The trade was a 49.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.09% of the stock is currently owned by insiders.

ConocoPhillips 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.