Nisa Investment Advisors LLC Sells 6,598 Shares of ConocoPhillips $COP

Posted by George Bondi on Oct 21st, 2026

ConocoPhillips logo Nisa Investment Advisors LLC decreased its position in ConocoPhillips (NYSE:COP – Free Report) by 1.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 340,091 shares of the energy producer’s stock after selling 6,598 shares during the period. Nisa Investment Advisors LLC’s holdings in ConocoPhillips were worth $42,562,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. State Street Corp grew its holdings in shares of ConocoPhillips by 73.2% in the second quarter. State Street Corp now owns 118,591,447 shares of the energy producer’s stock valued at $12,328,767,000 after acquiring an additional 50,116,727 shares in the last quarter. Bank of America Corp DE purchased a new stake in shares of ConocoPhillips during the second quarter valued at approximately $1,260,482,000. Primecap Management Co. CA purchased a new stake in shares of ConocoPhillips during the second quarter valued at approximately $1,204,726,000. Assenagon Asset Management S.A. lifted its holdings in ConocoPhillips by 1,181.0% during the third quarter. Assenagon Asset Management S.A. now owns 8,172,490 shares of the energy producer’s stock worth $1,022,787,000 after acquiring an additional 7,534,536 shares during the period. Finally, Legal & General Group Plc bought a new stake in ConocoPhillips during the second quarter worth $716,151,000. Institutional investors own 82.36% of the company’s stock.

Insider Activity

In other news, SVP Andrew Lundquist sold 9,487 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $135.15, for a total transaction of $1,282,168.05. Following the transaction, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.09% of the stock is currently owned by insiders.

Analyst Ratings Changes

COP has been the topic of several research analyst reports. UBS Group boosted their price objective on ConocoPhillips from $153.00 to $169.00 and gave the stock a “buy” rating in a research report on Monday, September 14th. Susquehanna raised their target price on ConocoPhillips from $161.00 to $175.00 and gave the company a “positive” rating in a research report on Tuesday. Morgan Stanley lifted their target price on ConocoPhillips from $151.00 to $159.00 and gave the stock an “overweight” rating in a research note on Thursday, October 15th. Freedom Capital raised shares of ConocoPhillips from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Finally, Wells Fargo & Company boosted their price target on shares of ConocoPhillips from $183.00 to $189.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $145.00.

View Our Latest Analysis on COP

ConocoPhillips Trading Up 0.5%

Shares of COP stock opened at $146.01 on Wednesday. The company has a quick ratio of 1.39, a current ratio of 1.54 and a debt-to-equity ratio of 0.35. The firm has a market cap of $175.41 billion, a P/E ratio of 18.72, a PEG ratio of 1.44 and a beta of 0.24. The company has a 50 day moving average of $132.96 and a 200-day moving average of $122.58. ConocoPhillips has a 12-month low of $85.57 and a 12-month high of $147.15.

ConocoPhillips (NYSE:COP – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The energy producer reported $3.24 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 business had revenue of $19.52 billion for the quarter, compared to the consensus estimate of $18.79 billion. During the same quarter in the prior year, the business earned $1.42 earnings per share. ConocoPhillips’s revenue for the quarter was up 32.4% on a year-over-year basis. Sell-side analysts anticipate that ConocoPhillips will post 11.19 earnings per share for the current year.

ConocoPhillips Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th were paid a $0.84 dividend. The ex-dividend date was Monday, August 17th. This represents a $3.36 annualized dividend and a dividend yield of 2.3%. ConocoPhillips’s payout ratio is presently 44.44%.

ConocoPhillips Profile

(Free Report)

ConocoPhillips (NYSE:COP) is an independent exploration and production company engaged in finding, developing and producing oil, natural gas and natural gas liquids. Unlike integrated energy companies, it primarily focuses on upstream activities rather than operating large refining or retail fuel businesses.

The company’s portfolio includes conventional and unconventional oil and natural gas assets, liquefied natural gas-related interests, oil sands operations and other energy resources.