Planning Project LLC Invests $1.43 Million in ConocoPhillips $COP

Posted by Brian Himes on Sep 7th, 2026

ConocoPhillips logo Planning Project LLC bought a new stake in ConocoPhillips (NYSE:COP – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 13,760 shares of the energy producer’s stock, valued at approximately $1,430,000. ConocoPhillips makes up about 0.3% of Planning Project LLC’s portfolio, making the stock its 16th largest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Patten Group Inc. boosted its holdings in ConocoPhillips by 1.5% in the 1st 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 raised its stake in shares of ConocoPhillips by 0.4% during the 1st 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 raised its stake in shares of ConocoPhillips by 9.6% during the 1st 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. lifted its holdings in shares of ConocoPhillips by 0.4% in the 1st quarter. Blue Trust Inc. now owns 21,144 shares of the energy producer’s stock valued at $2,791,000 after buying an additional 92 shares during the period. Finally, Sigma Planning Corp lifted its holdings in shares of ConocoPhillips by 0.6% in the 1st quarter. Sigma Planning Corp now owns 16,062 shares of the energy producer’s stock valued at $2,120,000 after buying an additional 94 shares during the period. 82.36% of the stock is currently owned by institutional investors and hedge funds.

ConocoPhillips Stock Performance

Shares of COP stock opened at $134.23 on Monday. The stock has a fifty day moving average price of $120.15 and a 200 day moving average price of $119.49. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.39 and a current ratio of 1.54. The stock has a market cap of $161.26 billion, a PE ratio of 17.76, a P/E/G ratio of 1.41 and a beta of 0.13. ConocoPhillips has a 1 year low of $85.57 and a 1 year high of $137.42.

ConocoPhillips (NYSE:COP – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The energy producer reported $3.24 earnings per share for the quarter, beating analysts’ consensus estimates of $2.90 by $0.34. The business had revenue of $19.52 billion during the quarter, compared to analysts’ expectations of $18.79 billion. ConocoPhillips had a return on equity of 14.72% and a net margin of 14.22%.The business’s revenue for the quarter was up 32.4% on a year-over-year basis. During the same quarter last year, the business posted $1.42 earnings per share. Sell-side analysts forecast that ConocoPhillips will post 10.54 earnings per share for the current fiscal year.

ConocoPhillips Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were given a dividend of $0.84 per share. The ex-dividend date was Monday, August 17th. This represents a $3.36 dividend on an annualized basis and a yield of 2.5%. ConocoPhillips’s payout ratio is presently 44.44%.

Insider Transactions at ConocoPhillips

In other ConocoPhillips news, SVP Andrew Lundquist sold 9,487 shares of the company’s stock in a transaction dated 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 sale, the senior vice president owned 9,593 shares of the company’s stock, valued at $1,296,493.95. This represents a 49.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on COP. Roth Capital raised ConocoPhillips from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $124.00 to $130.00 in a report on Monday, June 22nd. Seaport Research Partners initiated coverage on ConocoPhillips in a report on Thursday. They issued a “neutral” rating for the company. Truist Financial boosted their target price on shares of ConocoPhillips from $115.00 to $130.00 and gave the stock a “hold” rating in a research report on Monday, August 10th. Wall Street Zen raised shares of ConocoPhillips from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Susquehanna upped their price target on shares of ConocoPhillips from $155.00 to $161.00 and gave the stock a “positive” rating in a research note on Tuesday, August 11th. 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $140.29.

Check Out Our Latest Research Report on ConocoPhillips

About ConocoPhillips

(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.