Savant Capital LLC Raises Position in Phillips 66 $PSX

Savant Capital LLC raised its position in Phillips 66 (NYSE:PSX) by 33.3% in the 3rd quarter, Holdings Channel reports. The fund owned 46,254 shares of the oil and gas company’s stock after purchasing an additional 11,558 shares during the period. Savant Capital LLC’s holdings in Phillips 66 were worth $6,291,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. J.W. Cole Advisors Inc. increased its position in shares of Phillips 66 by 2.6% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 54,539 shares of the oil and gas company’s stock worth $7,418,000 after purchasing an additional 1,357 shares during the last quarter. Lokken Investment Group LLC boosted its holdings in shares of Phillips 66 by 3.6% in the 3rd quarter. Lokken Investment Group LLC now owns 10,604 shares of the oil and gas company’s stock valued at $1,442,000 after buying an additional 369 shares during the period. Hantz Financial Services Inc. grew its position in shares of Phillips 66 by 7.5% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,181 shares of the oil and gas company’s stock valued at $297,000 after buying an additional 152 shares during the last quarter. Telos Capital Management Inc. raised its stake in Phillips 66 by 5.2% during the third quarter. Telos Capital Management Inc. now owns 56,368 shares of the oil and gas company’s stock worth $7,667,000 after acquiring an additional 2,803 shares during the period. Finally, Ashton Thomas Private Wealth LLC lifted its holdings in shares of Phillips 66 by 26.1% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 14,142 shares of the oil and gas company’s stock worth $1,924,000 after purchasing an additional 2,930 shares during the last quarter. Institutional investors and hedge funds own 76.93% of the company’s stock.

Phillips 66 News Summary

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

• Positive Sentiment: Q4 results beat expectations — Phillips 66 reported $2.47 EPS (vs. $2.15 consensus) with improving refining margins and stronger midstream volumes, supporting cash flow and the company’s midstream growth narrative. Phillips 66 (PSX) Q4 2025 Earnings Call Highlights: Strong Financial Performance and Strategic Moves
• Positive Sentiment: Analyst upgrade: Wells Fargo raised its price target to $163 and keeps an “overweight” rating, signaling additional upside vs. the prior target and endorsing the company’s outlook. Phillips 66 (NYSE:PSX) Given New $163.00 Price Target at Wells Fargo & Company
• Positive Sentiment: Management emphasized midstream-led growth on the earnings call — continued midstream volume gains and fee-based cash flow reduce earnings cyclicality and are a strategic positive. Phillips 66 Earnings Call Highlights Midstream-Led Growth
• Neutral Sentiment: Morgan Stanley raised its price target to $147 but kept an “equal weight” rating — the new target remains below current levels, so the move is mixed in implication. PSX: Price Target Raised at Morgan Stanley
• Negative Sentiment: Refinery shutdown and layoffs — Phillips 66 is winding down operations at its last California refinery and will cut a significant portion of local jobs, which may reduce future refining throughput and create one-time costs. This has been widely reported. Phillips 66 to cut jobs as Los Angeles refinery shuts, Bloomberg News reports
• Negative Sentiment: Insider selling — EVP Vanessa Allen Sutherland sold ~4,394 shares at about $150, reducing her stake; while not large for the company, insider sales can be perceived negatively by the market. SEC Form 4: Insider Sale

Insider Buying and Selling at Phillips 66

In related news, EVP Vanessa Allen Sutherland sold 4,394 shares of the 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 owned 25,799 shares in the company, valued at $3,869,850. This trade represents a 14.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Brian Mandell sold 25,500 shares of the company’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $140.04, for a total transaction of $3,571,020.00. Following the completion of the sale, the executive vice president owned 56,838 shares of the company’s stock, valued at approximately $7,959,593.52. This trade represents a 30.97% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 60,488 shares of company stock valued at $8,474,466. 0.22% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

PSX has been the subject of several recent research reports. The Goldman Sachs Group upped their price target on shares of Phillips 66 from $152.00 to $164.00 and gave the stock a “neutral” rating in a research report on Thursday, January 22nd. Wolfe Research raised their price target on shares of Phillips 66 from $159.00 to $164.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. Piper Sandler boosted their price objective on Phillips 66 from $153.00 to $156.00 and gave the stock a “neutral” rating in a research report on Thursday. Wells Fargo & Company raised their target price on Phillips 66 from $162.00 to $163.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, Raymond James Financial boosted their price target on Phillips 66 from $160.00 to $175.00 and gave the stock an “outperform” rating in a research report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and thirteen have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $155.12.

Phillips 66 Price Performance

Shares of Phillips 66 stock opened at $154.19 on Friday. The company’s 50-day moving average price is $138.06 and its two-hundred day moving average price is $133.47. The stock has a market cap of $62.13 billion, a PE ratio of 14.25, a price-to-earnings-growth ratio of 0.56 and a beta of 0.90. The company has a current ratio of 1.23, a quick ratio of 0.87 and a debt-to-equity ratio of 0.68. Phillips 66 has a 52 week low of $91.01 and a 52 week high of $155.99.

Phillips 66 (NYSE:PSX) last issued its earnings results on Wednesday, February 4th. The oil and gas company reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.15 by $0.32. The firm had revenue of $32.16 billion during the quarter, compared to analysts’ expectations of $33.81 billion. Phillips 66 had a net margin of 3.22% and a return on equity of 9.28%. During the same period last year, the firm posted ($0.15) earnings per share. As a group, sell-side analysts anticipate that Phillips 66 will post 6.8 EPS for the current fiscal year.

Phillips 66 Profile

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.