<div id="readability-page-1"><p>Hamlin Capital Management LLC lifted its position in shares of  ConocoPhillips (NYSE:COP - Free Report) by 10.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,726,182 shares of the energy producer's stock after purchasing an additional 159,411 shares during the period. ConocoPhillips comprises  4.3% of Hamlin Capital Management LLC's investment portfolio, making the stock its 10th largest holding. Hamlin Capital Management LLC owned approximately 0.14% of ConocoPhillips worth $181,284,000 at the end of the most recent quarter.</p><ul><li>The Midstream Energy Play That Keeps Powering Higher</li></ul><p>Several other institutional investors and hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its stake in shares of  ConocoPhillips by 379.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 40,094,754 shares of the energy producer's stock valued at $4,210,751,000 after acquiring an additional 31,736,423 shares during the last quarter.  Nuveen LLC acquired a new stake in  ConocoPhillips in the first quarter valued at $658,981,000.  Price T Rowe Associates Inc. MD raised its position in  ConocoPhillips by 13.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 45,847,572 shares of the energy producer's stock worth $4,546,706,000 after purchasing an additional 5,549,078 shares during the last quarter.  Northern Trust Corp lifted its holdings in  ConocoPhillips by 27.6% during the 4th quarter. Northern Trust Corp now owns 13,757,835 shares of the energy producer's stock worth $1,364,364,000 after buying an additional 2,971,661 shares during the period.  Finally, GAMMA Investing LLC raised its position in shares of  ConocoPhillips by 10,440.1% during the first quarter. GAMMA Investing LLC now owns 2,964,189 shares of the energy producer's stock worth $311,299,000 after acquiring an additional 2,936,066 shares during the last quarter. Institutional investors and hedge funds own  82.36% of the company's stock. </p><div><p><span></span><span>Get <strong>ConocoPhillips</strong> alerts:</span></p></div><h2>ConocoPhillips Price Performance</h2><p>COP opened at $95.82 on Thursday. ConocoPhillips has a 1 year low of $79.88 and a 1 year high of $116.08. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.27 and a quick ratio of 1.10. The company has a market capitalization of $119.67 billion, a price-to-earnings ratio of 12.86, a P/E/G ratio of 2.46 and a beta of 0.67. The firm's fifty day moving average price is $93.24 and its two-hundred day moving average price is $93.55. </p><ul><li>Why the Schwab Dividend ETF Rallied—and Can It Keep Climbing?</li></ul><p>ConocoPhillips (NYSE:COP - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The energy producer reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.06. The business had revenue of $14.94 billion for the quarter, compared to analysts' expectations of $14.39 billion. ConocoPhillips had a net margin of 15.26% and a return on equity of 14.60%. The firm's revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.98 earnings per share.  As a group, analysts anticipate that  ConocoPhillips will post 8.16 earnings per share for the current fiscal year. </p><h2>ConocoPhillips Dividend Announcement</h2><p>The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 18th will be given a dividend of $0.78 per share. The ex-dividend date is Monday, August 18th. This represents a $3.12 annualized dividend and a yield of 3.3%. ConocoPhillips's dividend payout ratio  is presently 41.88%. </p><h2>Analysts Set New Price Targets</h2><ul><li>These 5 Energy Stocks Hedge Inflation With Growth Potential</li></ul><p>Several research analysts have issued reports on COP shares. Scotiabank raised their price target on shares of ConocoPhillips from $95.00 to $100.00 and gave the stock a &#34;sector perform&#34; rating in a report on Friday, July 11th. Morgan Stanley  reissued an &#34;overweight&#34; rating and set a $123.00 target price (up previously from $119.00) on shares of ConocoPhillips in a research note on Sunday. Piper Sandler  reiterated an &#34;overweight&#34; rating and set a $123.00 price target (up from $113.00) on shares of ConocoPhillips in a report on Tuesday, July 15th. Mizuho lowered their price objective on ConocoPhillips from $127.00 to $125.00 and set an &#34;outperform&#34; rating for the company in a research report on Tuesday, May 13th. Finally, Susquehanna cut their target price on ConocoPhillips from $114.00 to $113.00 and set a &#34;positive&#34; rating on the stock in a research report on Wednesday, July 23rd. Two equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat.com, ConocoPhillips presently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $120.84.</p><p><b>Check Out Our Latest Stock Analysis on ConocoPhillips</b></p><h2>Insider Transactions at ConocoPhillips</h2><p>In related news, EVP Kirk L. Johnson acquired 5,300 shares of the stock in a transaction on Monday, June 16th. The shares were acquired at an average price of $94.24 per share, with a total value of $499,472.00. Following the completion of the transaction, the executive vice president owned 14,527 shares in the company, valued at approximately $1,369,024.48. The trade was a 57.44% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own  0.24% of the company's stock. </p><h2>ConocoPhillips Company Profile</h2> (Free Report)<p>ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids in the United States, Canada, China, Libya, Malaysia, Norway, the United Kingdom, and internationally. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than ConocoPhillips</li><li>Insider Buying Explained: What Investors Need to Know</li><li>Data Centers Create a Bull Case for These Nuclear 3 Stocks</li><li>Why Invest in 5G? How to Invest in 5G Stocks  </li><li>Tesla’s Pennant Just Snapped: Here’s What It Means for the Stock</li><li>Want to Profit on the Downtrend? Downtrends, Explained.</li><li>3 Companies That Will Profit From Trump's Semiconductor Tariffs</li></ul><p><strong>Want to see what other hedge funds are holding COP?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ConocoPhillips (NYSE:COP - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNPUA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNPUA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in ConocoPhillips Right Now?</h2><p>Before you consider ConocoPhillips, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ConocoPhillips wasn't on the list.</p><p>While ConocoPhillips currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SCHW

<p>Hamlin Capital Management LLC increased its stake in ConocoPhillips (NYSE:COP) by 10.2% in Q1, owning 1,726,182 shares after acquiring 159,411 additional shares. ConocoPhillips represents 4.3% of Hamlin's portfolio. Other institutional investors also raised their positions, with Charles Schwab increasing its stake by 379.7%. ConocoPhillips reported Q2 earnings of $1.42 per share, exceeding estimates, and declared a quarterly dividend of $0.78 per share. Analysts have set new price targets, with Morgan Stanley and Piper Sandler both raising their targets to $123.00.</p>

Hamlin Capital Management LLC Raises Stock Holdings in ConocoPhillips (NYSE:COP)