Texas Permanent School Fund Corp Decreases Stock Position in ConocoPhillips $COP

16 Dec 2025, 06:50 by Teresa Graham · The Cerbat Gem

Texas Permanent School Fund Corp lessened its stake in ConocoPhillips (NYSE:COP – Free Report) by 36.0% in the second quarter, HoldingsChannel reports. The fund owned 88,567 shares of the energy producer’s stock after selling 49,766 shares during the period. Texas Permanent School Fund Corp’s holdings in ConocoPhillips were worth $7,948,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of COP. Navalign LLC lifted its position in ConocoPhillips by 1.1% in the second quarter. Navalign LLC now owns 9,918 shares of the energy producer’s stock valued at $890,000 after purchasing an additional 108 shares during the last quarter. Tritonpoint Wealth LLC increased its stake in shares of ConocoPhillips by 1.3% in the second quarter. Tritonpoint Wealth LLC now owns 8,329 shares of the energy producer’s stock worth $747,000 after buying an additional 110 shares during the period. Iowa State Bank increased its stake in shares of ConocoPhillips by 0.5% in the second quarter. Iowa State Bank now owns 22,193 shares of the energy producer’s stock worth $1,992,000 after buying an additional 110 shares during the period. Perennial Investment Advisors LLC raised its holdings in ConocoPhillips by 2.8% during the 2nd quarter. Perennial Investment Advisors LLC now owns 4,097 shares of the energy producer’s stock valued at $368,000 after buying an additional 112 shares during the last quarter. Finally, FAS Wealth Partners Inc. boosted its position in ConocoPhillips by 0.9% during the 2nd quarter. FAS Wealth Partners Inc. now owns 12,154 shares of the energy producer’s stock valued at $1,091,000 after buying an additional 112 shares during the period. 82.36% of the stock is currently owned by institutional investors.

Insider Buying and Selling at ConocoPhillips

In other ConocoPhillips news, Director William H. Mcraven purchased 5,768 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The stock was bought at an average cost of $86.68 per share, for a total transaction of $499,970.24. Following the purchase, the director directly owned 5,768 shares in the company, valued at $499,970.24. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.24% of the stock is owned by corporate insiders.

ConocoPhillips Stock Down 1.3%

COP stock opened at $94.25 on Tuesday. ConocoPhillips has a fifty-two week low of $79.88 and a fifty-two week high of $106.20. The company has a market capitalization of $116.47 billion, a price-to-earnings ratio of 13.33, a price-to-earnings-growth ratio of 2.16 and a beta of 0.32. The business’s 50 day moving average price is $89.56 and its two-hundred day moving average price is $92.23. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.18 and a current ratio of 1.32.

ConocoPhillips (NYSE:COP – Get Free Report) last released its earnings results on Thursday, November 6th. The energy producer reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.20. The company had revenue of $15.03 billion during the quarter, compared to analysts’ expectations of $14.51 billion. ConocoPhillips had a return on equity of 13.64% and a net margin of 14.25%.The firm’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.78 EPS. As a group, analysts forecast that ConocoPhillips will post 8.16 earnings per share for the current fiscal year.

ConocoPhillips Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were issued a dividend of $0.84 per share. This is a boost from ConocoPhillips’s previous quarterly dividend of $0.78. The ex-dividend date was Monday, November 17th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 3.6%. ConocoPhillips’s dividend payout ratio (DPR) is presently 47.52%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Melius assumed coverage on shares of ConocoPhillips in a research report on Wednesday, August 20th. They issued a “hold” rating and a $117.00 price objective on the stock. Morgan Stanley reduced their price target on ConocoPhillips from $122.00 to $117.00 and set an “overweight” rating on the stock in a report on Thursday, November 20th. Barclays dropped their price objective on ConocoPhillips from $122.00 to $118.00 and set an “overweight” rating for the company in a report on Tuesday, October 7th. UBS Group boosted their target price on ConocoPhillips from $117.00 to $120.00 and gave the company a “buy” rating in a research note on Friday. Finally, Piper Sandler restated an “overweight” rating and set a $115.00 target price on shares of ConocoPhillips in a report on Monday, November 24th. Nineteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, ConocoPhillips has a consensus rating of “Moderate Buy” and an average target price of $114.54.

Get Our Latest Research Report on COP

About ConocoPhillips

(Free Report)

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.