--- title: "Cetera Trust Company N.A Purchases New Stake in ConocoPhillips $COP" type: "News" locale: "en" url: "https://longbridge.com/en/news/296878765.md" description: "Cetera Trust Company N.A. purchased a new stake in ConocoPhillips (NYSE:COP) during Q2, acquiring 8,365 shares valued at approximately $870,000. This follows increased holdings by other institutional investors like Capital International Investors and BlackRock Inc. Analysts have adjusted price targets, with a consensus 'Moderate Buy' rating and target of $140.29. Additionally, SVP Andrew D. Lundquist sold shares, while recent quarterly earnings beat estimates with EPS of $3.24." datetime: "2026-08-25T08:17:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296878765.md) - [en](https://longbridge.com/en/news/296878765.md) - [zh-HK](https://longbridge.com/zh-HK/news/296878765.md) generator: "portal-rs" --- # Cetera Trust Company N.A Purchases New Stake in ConocoPhillips $COP Cetera Trust Company N.A purchased a new stake in shares of ConocoPhillips (NYSE:COP - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 8,365 shares of the energy producer's stock, valued at approximately $870,000. Get **ConocoPhillips** alerts: - Energy Is Leading in 2026—But Are the Oil Majors Cracking? Several other institutional investors also recently bought and sold shares of the business. Capital International Investors raised its stake in shares of ConocoPhillips by 5.9% in the 4th quarter. Capital International Investors now owns 48,360,060 shares of the energy producer's stock valued at $4,527,230,000 after acquiring an additional 2,714,663 shares during the period. BlackRock Inc. boosted its position in 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 purchasing an additional 2,712,703 shares during the period. AQR Capital Management LLC boosted its position in ConocoPhillips by 229.2% during the 4th quarter. AQR Capital Management LLC now owns 3,595,177 shares of the energy producer's stock worth $336,544,000 after purchasing an additional 2,503,156 shares during the period. Janus Henderson Group PLC increased its holdings in ConocoPhillips by 207.9% in the 1st quarter. Janus Henderson Group PLC now owns 3,697,232 shares of the energy producer's stock valued at $488,030,000 after purchasing an additional 2,496,606 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in ConocoPhillips by 6.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 41,450,162 shares of the energy producer's stock valued at $3,880,151,000 after purchasing an additional 2,350,645 shares during the period. 82.36% of the stock is currently owned by hedge funds and other institutional investors. ## Analyst Upgrades and Downgrades A number of research analysts have commented on COP shares. Raymond James Financial restated an "underperform" rating and set a $168.00 price objective on shares of ConocoPhillips in a research note on Monday. Jefferies Financial Group increased their target price on ConocoPhillips from $160.00 to $161.00 and gave the company a "buy" rating in a research note on Monday, May 18th. Wells Fargo & Company boosted their price target on ConocoPhillips from $183.00 to $189.00 and gave the stock an "overweight" rating in a research report on Friday, August 7th. Argus upped their price target on ConocoPhillips from $136.00 to $153.00 and gave the stock a "buy" rating in a report on Wednesday, August 19th. Finally, Mizuho decreased their price target on ConocoPhillips from $150.00 to $146.00 and set an "outperform" rating for the company in a report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $140.29. - 3 Energy Plays to Watch as the Sector Reacts to New Developments **Check Out Our Latest Report on COP** ## Insiders Place Their Bets In other ConocoPhillips news, SVP Andrew D. Lundquist sold 9,487 shares of the company's stock in a transaction that occurred 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 sale, the senior vice president owned 9,593 shares in the company, valued at $1,296,493.95. This represents a 49.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.09% of the stock is currently owned by corporate insiders. ## ConocoPhillips Stock Performance - Oil Prices May Fall to $55 by 2026—Bad News for This Energy ETF ConocoPhillips stock opened at $133.37 on Tuesday. ConocoPhillips has a 52 week low of $85.57 and a 52 week high of $135.88. The company has a current ratio of 1.54, a quick ratio of 1.39 and a debt-to-equity ratio of 0.35. The stock has a market cap of $160.22 billion, a P/E ratio of 17.64, a price-to-earnings-growth ratio of 1.43 and a beta of 0.11. The stock has a 50 day moving average of $115.73 and a 200-day moving average of $117.97. ConocoPhillips (NYSE:COP - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The energy producer reported $3.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.90 by $0.34. The business had revenue of $19.52 billion during the quarter, compared to analyst estimates of $18.79 billion. ConocoPhillips had a net margin of 14.22% and a return on equity of 14.72%. The business's revenue was up 32.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.42 earnings per share. On average, analysts expect that ConocoPhillips will post 10.46 EPS for the current fiscal year. ## ConocoPhillips Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be issued a dividend of $0.84 per share. This represents a $3.36 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Monday, August 17th. ConocoPhillips's dividend payout ratio (DPR) is currently 44.44%. ## 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. ## Featured Stories - Five stocks we like better than ConocoPhillips - Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters - Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain - Snowflake Could Be Headed for New Highs Despite Insider Selling - MongoDB Is Surging—And the Next Catalyst Is Almost Here **Want to see what other hedge funds are holding COP?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ConocoPhillips (NYSE:COP - Free Report). *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in ConocoPhillips Right Now? Before you consider ConocoPhillips, you'll want to hear this. 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. While ConocoPhillips currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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