Mcdonald Partners LLC Reduces Position in ConocoPhillips $COP

NodeGuardian · 2026-03-07T01:49:20+00:00

Mcdonald Partners LLC cut its ConocoPhillips stake by 58%, selling 11,702 shares, amid rising institutional investments and analyst optimism. The company's quarterly EPS was disappointing, and CEO Ryan Lance sold many shares as well.

NodeGuardian

2026-03-07 01:49:20

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Mcdonald Partners LLC significantly reduced its stake in ConocoPhillips (NYSE:COP) by 58% in Q3, selling 11,702 shares. This comes despite major institutional investors increasing their positions and analysts raising price targets due to geopolitical events and asset sales. ConocoPhillips missed quarterly EPS, pays an $0.84 dividend, and CEO Ryan Lance also sold a large portion of his shares.

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