Vanessa Allen Sutherland Sells 4,394 Shares of Phillips 66 (NYSE:PSX) Stock

Phillips 66 (NYSE:PSX) EVP Vanessa Allen Sutherland sold 4,394 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $150.00, for a total transaction of $659,100.00. Following the completion of the sale, the executive vice president directly owned 25,799 shares of the company’s stock, valued at $3,869,850. The trade was a 14.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Vanessa Allen Sutherland also recently made the following trade(s):

• On Friday, January 9th, Vanessa Allen Sutherland sold 4,394 shares of Phillips 66 stock. The shares were sold at an average price of $145.00, for a total value of $637,130.00.

Phillips 66 Stock Down 0.3%

Phillips 66 stock traded down $0.50 during mid-day trading on Thursday, reaching $154.19. The company’s stock had a trading volume of 2,500,057 shares, compared to its average volume of 2,645,583. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.87 and a current ratio of 1.23. Phillips 66 has a 12 month low of $91.01 and a 12 month high of $155.99. The business’s 50 day simple moving average is $137.68 and its 200 day simple moving average is $133.32. The company has a market capitalization of $62.13 billion, a price-to-earnings ratio of 42.13, a price-to-earnings-growth ratio of 0.53 and a beta of 0.90.

Phillips 66 (NYSE:PSX) last released its earnings results on Wednesday, February 4th. The oil and gas company reported $2.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.15 by $0.32. Phillips 66 had a return on equity of 5.53% and a net margin of 1.12%.The business had revenue of $32.16 billion for the quarter, compared to the consensus estimate of $33.81 billion. During the same quarter in the previous year, the business earned ($0.15) earnings per share. As a group, research analysts anticipate that Phillips 66 will post 6.8 earnings per share for the current year.

Wall Street Analysts Forecast Growth

PSX has been the topic of several recent research reports. TD Cowen lifted their target price on shares of Phillips 66 from $145.00 to $151.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Wells Fargo & Company upped their price objective on shares of Phillips 66 from $162.00 to $163.00 and gave the company an “overweight” rating in a report on Thursday. Wolfe Research boosted their target price on shares of Phillips 66 from $159.00 to $164.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. Raymond James Financial lifted their target price on shares of Phillips 66 from $160.00 to $175.00 and gave the stock an “outperform” rating in a research report on Friday, January 23rd. Finally, Scotiabank restated a “sector perform” rating and set a $140.00 price objective on shares of Phillips 66 in a report on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and thirteen have issued a Hold rating to the company. According to MarketBeat, Phillips 66 has an average rating of “Hold” and a consensus target price of $155.12.

Institutional Trading of Phillips 66

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in Phillips 66 by 14.8% in the second quarter. Vanguard Group Inc. now owns 46,368,000 shares of the oil and gas company’s stock worth $5,531,702,000 after acquiring an additional 5,978,841 shares in the last quarter. Norges Bank bought a new position in Phillips 66 in the 2nd quarter valued at approximately $523,755,000. Elliott Investment Management L.P. lifted its holdings in shares of Phillips 66 by 22.4% during the second quarter. Elliott Investment Management L.P. now owns 19,251,000 shares of the oil and gas company’s stock valued at $2,296,644,000 after purchasing an additional 3,526,000 shares in the last quarter. M&T Bank Corp boosted its holdings in shares of Phillips 66 by 462.9% during the 4th quarter. M&T Bank Corp now owns 2,727,888 shares of the oil and gas company’s stock valued at $352,007,000 after acquiring an additional 2,243,268 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in Phillips 66 by 17.4% during the 2nd quarter. Geode Capital Management LLC now owns 10,327,304 shares of the oil and gas company’s stock valued at $1,226,815,000 after buying an additional 1,532,967 shares during the last quarter. 76.93% of the stock is currently owned by hedge funds and other institutional investors.

Key Phillips 66 News

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

• Positive Sentiment: Q4 beat and improving margins — Phillips 66 reported non‑GAAP EPS of $2.47, well above the $2.15 consensus, driven by higher refining utilization and stronger realized margins that lifted cash flow. This explains much of the recent upside in the stock. Refiner Phillips 66 beats quarterly profit estimates
• Positive Sentiment: Analyst support — Wells Fargo raised its price target to $163 and kept an “overweight” rating, signaling upside versus the current level and providing some buy-side validation. Benzinga note on Wells Fargo
• Neutral Sentiment: Mixed analyst actions — Morgan Stanley bumped its target to $147 but kept an “equal weight” rating, implying limited near‑term upside from here; analysts remain split on catalysts. The Fly on Morgan Stanley
• Neutral Sentiment: Earnings call context available — Management discussed higher refining demand and strategic moves (slides and transcript available), which help assess sustainability of margins but did not materially change near‑term guidance. Q4 call transcript
• Neutral Sentiment: Valuation and technicals — PSX trades near its 12‑month high with a trailing P/E around 42, which could cap further immediate gains absent stronger forward guidance or sustained margin improvement.
• Negative Sentiment: Los Angeles refinery shutdown and job cuts — Phillips 66 will significantly reduce staff after shutting its last California refinery, per filings and Bloomberg/Reuters reports; the closure raises near‑term earnings uncertainty, potential one‑time charges and operational disruption. Reuters: refinery shuts, jobs cut
• Negative Sentiment: Insider selling — EVP Vanessa Allen Sutherland disclosed a sale of 4,394 shares at about $150, reducing her stake by ~14.6%; while not uncommon, insider sales can add short‑term negative sentiment. SEC Form 4

Phillips 66 Company 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.