Phillips 66 (NYSE:PSX) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Phillips 66 (NYSE:PSX) has been given an average recommendation of “Moderate Buy” by the twenty-three brokerages that are covering the firm, MarketBeat.com reports. Eleven analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $179.0556.

PSX has been the subject of several research analyst reports. Wells Fargo & Company raised their price target on Phillips 66 from $163.00 to $201.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 31st. Raymond James Financial raised their price target on Phillips 66 from $175.00 to $205.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 25th. TD Cowen raised their price target on Phillips 66 from $155.00 to $213.00 and gave the stock a “buy” rating in a research report on Wednesday, April 1st. Scotiabank upgraded Phillips 66 to a “hold” rating in a research report on Friday, March 27th. Finally, UBS Group raised their price target on Phillips 66 from $172.00 to $212.00 and gave the stock a “buy” rating in a research report on Thursday, April 2nd.

Phillips 66 Trading Down 3.9%

PSX opened at $167.92 on Friday. Phillips 66 has a 52 week low of $91.01 and a 52 week high of $190.61. The business has a fifty day simple moving average of $165.02 and a 200-day simple moving average of $145.90. The firm has a market cap of $67.29 billion, a P/E ratio of 15.52, a P/E/G ratio of 0.31 and a beta of 0.76. The company has a quick ratio of 0.91, a current ratio of 1.30 and a debt-to-equity ratio of 0.62.

Phillips 66 (NYSE:PSX) last released its quarterly earnings results on Wednesday, February 4th. The oil and gas company reported $2.47 EPS for the quarter, topping the consensus estimate of $2.15 by $0.32. Phillips 66 had a return on equity of 9.13% and a net margin of 3.22%.The business had revenue of $32.16 billion during the quarter, compared to analyst estimates of $33.81 billion. During the same period last year, the business posted ($0.15) earnings per share. On average, equities analysts expect that Phillips 66 will post 6.8 earnings per share for the current year.

Phillips 66 Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, February 23rd were given a dividend of $1.27 per share. This is an increase from Phillips 66’s previous quarterly dividend of $1.20. This represents a $5.08 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Monday, February 23rd. Phillips 66’s dividend payout ratio (DPR) is 46.95%.

Insider Transactions at Phillips 66

In related news, EVP Vanessa Allen Sutherland sold 4,394 shares of Phillips 66 stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $150.00, for a total value of $659,100.00. Following the completion of the transaction, the executive vice president directly owned 25,799 shares in the company, valued at approximately $3,869,850. This trade represents a 14.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Lisa Ann Davis sold 3,800 shares of Phillips 66 stock in a transaction on Friday, March 13th. The shares were sold at an average price of $174.37, for a total value of $662,606.00. Following the completion of the transaction, the director owned 8,701 shares of the company’s stock, valued at approximately $1,517,193.37. This trade represents a 30.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 100,317 shares of company stock valued at $17,036,749 in the last 90 days. Insiders own 0.22% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Board of the Pension Protection Fund purchased a new position in Phillips 66 in the fourth quarter valued at $26,000. Accordant Advisory Group Inc boosted its holdings in Phillips 66 by 900.0% in the fourth quarter. Accordant Advisory Group Inc now owns 200 shares of the oil and gas company’s stock valued at $26,000 after purchasing an additional 180 shares during the period. SWAN Capital LLC boosted its holdings in Phillips 66 by 1,055.6% in the fourth quarter. SWAN Capital LLC now owns 208 shares of the oil and gas company’s stock valued at $27,000 after purchasing an additional 190 shares during the period. Evolution Wealth Management Inc. purchased a new position in Phillips 66 in the second quarter valued at $25,000. Finally, Eagle Bay Advisors LLC purchased a new position in Phillips 66 in the fourth quarter valued at $27,000. 76.93% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Phillips 66

Here are the key news stories impacting Phillips 66 this week:

• Positive Sentiment: Multiple Wall Street firms raised price targets and kept generally constructive ratings (Piper Sandler to $177, Barclays to $177, JPMorgan to $188, BMO to $195), signaling analyst confidence in PSX’s medium‑term outlook despite near‑term volatility. Piper Sandler raise Barclays raise JPMorgan raise BMO raise
• Positive Sentiment: Energy sector strength from the Iran conflict has lifted oil and diesel prices, which can boost refining and midstream cash flows over time—a tailwind for PSX’s core businesses. Oil surge article
• Neutral Sentiment: Analyst commentary (Wolfe Research cited) expects the stock to rise, reflecting differing views on how temporary derivative hits will translate into long‑term earnings; this keeps opinions mixed and trading volatile. Wolfe Research note
• Negative Sentiment: Phillips 66 flagged roughly $900 million (pre‑tax) mark‑to‑market losses on net‑short commodity derivative positions as oil surged; the refining segment is expected to absorb $350–$450 million of that hit. This is the primary near‑term driver of the stock decline because it will depress Q1 reported results and inject earnings volatility. Yahoo Finance on $900M loss Offshore-Technology coverage Seeking Alpha on derivatives losses

About Phillips 66

Phillips 66 (NYSE: PSX) is an independent energy manufacturing and logistics company engaged primarily in refining, midstream transportation, marketing and chemicals. The company processes crude oil into transportation fuels, lubricants and other petroleum products, operates pipeline and storage infrastructure, and participates in petrochemical production through strategic investments. Phillips 66 serves commercial, industrial and retail customers and positions its operations across the value chain of the downstream energy sector.

The company’s principal activities include refining crude oil into gasoline, diesel, jet fuel and feedstocks for petrochemical production; operating midstream assets such as pipelines, terminals and fractionators that move and store crude oil and natural gas liquids; and marketing and distributing fuels and lubricants through wholesale and retail channels.