ConocoPhillips $COP Shares Newly Purchased by Rahlfs Capital LLC

Posted by Brian Himes on Oct 24th, 2026

ConocoPhillips logo Rahlfs Capital LLC bought a new stake in ConocoPhillips (NYSE:COP – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 6,950 shares of the energy producer’s stock, valued at approximately $870,000.

Several other institutional investors have also recently bought and sold shares of the company. State Street Corp boosted its position in ConocoPhillips by 73.2% during the 2nd quarter. State Street Corp now owns 118,591,447 shares of the energy producer’s stock worth $12,328,767,000 after acquiring an additional 50,116,727 shares during the last quarter. BlackRock Inc. grew its stake in shares of ConocoPhillips by 3.0% during the 2nd quarter. BlackRock Inc. now owns 93,886,457 shares of the energy producer’s stock worth $9,760,436,000 after acquiring an additional 2,712,703 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of ConocoPhillips by 12.0% in the second quarter. Wellington Management Group LLP now owns 15,072,154 shares of the energy producer’s stock valued at $1,566,901,000 after purchasing an additional 1,609,759 shares during the last quarter. Bank of America Corp DE acquired a new stake in shares of ConocoPhillips in the second quarter valued at approximately $1,260,482,000. Finally, Primecap Management Co. CA acquired a new stake in shares of ConocoPhillips in the second quarter valued at approximately $1,204,726,000. Institutional investors own 82.36% of the company’s stock.

Insider Transactions at ConocoPhillips

In related news, SVP Andrew Lundquist sold 9,487 shares of ConocoPhillips stock in a transaction dated 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 completion of the transaction, the senior vice president owned 9,593 shares in the company, valued at approximately $1,296,493.95. This trade represents a 49.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.09% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on COP shares. Mizuho cut their price objective on shares of ConocoPhillips from $150.00 to $146.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 7th. UBS Group raised their target price on shares of ConocoPhillips from $153.00 to $169.00 and gave the company a “buy” rating in a research report on Monday, September 14th. Weiss Ratings upgraded shares of ConocoPhillips from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, September 29th. Wells Fargo & Company raised their price objective on ConocoPhillips from $183.00 to $189.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Finally, Zacks Research upgraded ConocoPhillips from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 6th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, ConocoPhillips currently has an average rating of “Moderate Buy” and an average price target of $145.00.

Read Our Latest Report on ConocoPhillips

ConocoPhillips Stock Performance

NYSE COP traded up $5.28 on Friday, hitting $150.91. 7,243,476 shares of the stock were exchanged, compared to its average volume of 5,855,207. The company has a market capitalization of $181.30 billion, a PE ratio of 19.96, a P/E/G ratio of 1.45 and a beta of 0.24. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.54 and a quick ratio of 1.39. The business’s fifty day moving average is $134.24 and its 200 day moving average is $123.00. ConocoPhillips has a 52 week low of $85.57 and a 52 week high of $152.77.

ConocoPhillips (NYSE:COP – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The energy producer reported $3.24 EPS for the quarter, beating analysts’ consensus estimates of $2.90 by $0.34. The company had revenue of $19.52 billion during the quarter, compared to the consensus estimate of $18.79 billion. ConocoPhillips had a net margin of 14.22% and a return on equity of 14.72%. The company’s quarterly revenue was up 32.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.42 EPS. Research analysts anticipate that ConocoPhillips will post 11.19 EPS for the current fiscal year.

ConocoPhillips Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 17th were paid a $0.84 dividend. This represents a $3.36 annualized dividend and a yield of 2.2%. The ex-dividend date was Monday, August 17th. ConocoPhillips’s dividend payout ratio (DPR) is 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.