LSV Asset Management Trims Stock Holdings in ConocoPhillips $COP

Posted by Stanley Muller on May 24th, 2026

ConocoPhillips logo LSV Asset Management trimmed its position in ConocoPhillips (NYSE:COP – Free Report) by 3.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 958,727 shares of the energy producer’s stock after selling 32,126 shares during the period. LSV Asset Management’s holdings in ConocoPhillips were worth $89,746,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of ConocoPhillips by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 120,251,183 shares of the energy producer’s stock worth $11,256,713,000 after acquiring an additional 408,304 shares during the last quarter. Capital International Investors grew its stake in shares of ConocoPhillips by 18.2% in the third quarter. Capital International Investors now owns 45,645,397 shares of the energy producer’s stock worth $4,318,239,000 after acquiring an additional 7,037,873 shares during the last quarter. Fisher Asset Management LLC grew its stake in shares of ConocoPhillips by 1.8% in the third quarter. Fisher Asset Management LLC now owns 14,653,966 shares of the energy producer’s stock worth $1,386,119,000 after acquiring an additional 260,091 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of ConocoPhillips by 20.6% in the third quarter. Ameriprise Financial Inc. now owns 12,994,674 shares of the energy producer’s stock worth $1,228,886,000 after acquiring an additional 2,216,010 shares during the last quarter. Finally, Primecap Management Co. CA grew its stake in shares of ConocoPhillips by 31.3% in the third quarter. Primecap Management Co. CA now owns 10,351,010 shares of the energy producer’s stock worth $979,102,000 after acquiring an additional 2,467,555 shares during the last quarter. 82.36% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Timothy A. Leach sold 40,000 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $118.79, for a total transaction of $4,751,600.00. Following the transaction, the director directly owned 411,211 shares of the company’s stock, valued at $48,847,754.69. This represents a 8.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Kelly Brunetti Rose sold 8,500 shares of the company’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $118.04, for a total value of $1,003,340.00. Following the transaction, the senior vice president directly owned 32,984 shares in the company, valued at approximately $3,893,431.36. The trade was a 20.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 734,891 shares of company stock valued at $93,345,692. Corporate insiders own 0.09% of the company’s stock.

Key ConocoPhillips News

Here are the key news stories impacting ConocoPhillips this week:

Positive Sentiment: ConocoPhillips and Glenfarne signed a 30-year natural gas supply agreement tied to Alaska LNG, a meaningful step that reduces project uncertainty and strengthens the case for long-term cash flow from the development. ConocoPhillips (COP) and Glenfarne’s Alaska LNG Sign 30-Year Natural Gas Supply Agreement
Positive Sentiment: Morgan Stanley raised its price target on ConocoPhillips to $153 from $149 and reiterated an overweight rating, signaling continued Wall Street confidence in the company’s upside. Morgan Stanley adjusts ConocoPhillips price target to $153 from $149, maintains overweight rating
Positive Sentiment: Goldman Sachs’ Conviction List inclusion and bullish commentary suggest COP is viewed as a resilient cash-flow name, with major projects potentially supporting results even if energy markets stay volatile. Why ConocoPhillips (COP) Is Still a Cash-Flow Bet Amid LNG Project Activity
Neutral Sentiment: Several articles frame ConocoPhillips as undervalued, including value-screen and Zacks coverage, which may support the stock but does not by itself change fundamentals. 5 Value Stocks Trading at Attractive Price-to-Sales Ratios
Neutral Sentiment: ConocoPhillips is also being discussed for longer-term Lower 48 production growth, with higher 2026 spending aimed at boosting output, but this is more of a long-range operating update than an immediate stock catalyst. Can ConocoPhillips Sustain Long-Term Growth in the Lower 48?
Negative Sentiment: There were no major negative company-specific headlines in the provided set; however, recent weakness in the shares suggests investors may still be cautious despite the positive LNG and analyst news.

ConocoPhillips Trading Down 0.1%

Shares of NYSE:COP opened at $120.48 on Friday. The company has a market cap of $146.78 billion, a P/E ratio of 20.45, a PEG ratio of 1.39 and a beta of 0.14. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.29 and a quick ratio of 1.14. ConocoPhillips has a 1 year low of $84.28 and a 1 year high of $135.87. The stock’s fifty day moving average price is $123.68 and its 200-day moving average price is $107.45.

ConocoPhillips (NYSE:COP – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The energy producer reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.72 by $0.17. The firm had revenue of $15.76 billion for the quarter, compared to the consensus estimate of $15.62 billion. ConocoPhillips had a return on equity of 11.39% and a net margin of 12.10%.The company’s quarterly revenue was down 6.1% on a year-over-year basis. During the same period in the prior year, the company posted $2.09 earnings per share. Sell-side analysts expect that ConocoPhillips will post 9.92 earnings per share for the current year.

ConocoPhillips Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Monday, May 11th will be issued a dividend of $0.84 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, May 11th. ConocoPhillips’s dividend payout ratio is presently 57.05%.

Analysts Set New Price Targets

A number of research firms have recently commented on COP. Morgan Stanley increased their target price on ConocoPhillips from $149.00 to $153.00 and gave the stock an “overweight” rating in a research note on Thursday. Capital One Financial cut their target price on ConocoPhillips from $156.00 to $154.00 and set an “equal weight” rating on the stock in a research note on Monday, May 18th. Susquehanna increased their target price on ConocoPhillips from $149.00 to $152.00 in a research note on Friday, May 1st. JPMorgan Chase & Co. increased their target price on ConocoPhillips from $98.00 to $103.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Finally, Royal Bank Of Canada increased their target price on ConocoPhillips from $118.00 to $152.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 8th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $133.28.

Get Our Latest Research Report on COP

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.