B. Metzler seel. Sohn & Co. AG Buys 51,208 Shares of Phillips 66 $PSX

Key Points

• B. Metzler seel. Sohn & Co. AG boosted its stake in Phillips 66 by 239%, purchasing 51,208 shares to hold 72,635 shares valued at about $9.38 million per its latest 13F filing.
• Several analysts raised price targets (JPMorgan to $188, UBS to $212), but the consensus remains an average "Hold" rating with an average price target of $181.33.
• Phillips 66 announced a quarterly dividend of $1.27 (annualized $5.08), with an ex-dividend date of May 18 and a yield of about 3.2%, payable June 1.

B. Metzler seel. Sohn & Co. AG increased its stake in Phillips 66 (NYSE:PSX - Free Report) by 239.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,635 shares of the oil and gas company's stock after purchasing an additional 51,208 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Phillips 66 were worth $9,377,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Board of the Pension Protection Fund bought a new stake in shares of Phillips 66 during the 4th quarter valued at $26,000. Accordant Advisory Group Inc raised its position in shares of Phillips 66 by 900.0% during the 4th quarter. Accordant Advisory Group Inc now owns 200 shares of the oil and gas company's stock valued at $26,000 after acquiring an additional 180 shares during the last quarter. Eagle Bay Advisors LLC bought a new stake in shares of Phillips 66 during the 4th quarter valued at $27,000. Stephens Consulting LLC raised its position in shares of Phillips 66 by 67.7% during the 4th quarter. Stephens Consulting LLC now owns 223 shares of the oil and gas company's stock valued at $29,000 after acquiring an additional 90 shares during the last quarter. Finally, Dorato Capital Management bought a new stake in shares of Phillips 66 during the 4th quarter valued at $35,000. Institutional investors own 76.93% of the company's stock.

Analysts Set New Price Targets

PSX has been the subject of several recent research reports. JPMorgan Chase & Co. upped their target price on shares of Phillips 66 from $161.00 to $188.00 and gave the company an "overweight" rating in a research report on Wednesday, April 8th. Wall Street Zen cut shares of Phillips 66 from a "strong-buy" rating to a "buy" rating in a research report on Saturday, April 11th. Citigroup upped their target price on shares of Phillips 66 from $159.00 to $183.00 and gave the company a "neutral" rating in a research report on Thursday, April 9th. UBS Group upped their target price on shares of Phillips 66 from $172.00 to $212.00 and gave the company a "buy" rating in a research report on Thursday, April 2nd. Finally, Scotiabank upped their target price on shares of Phillips 66 from $140.00 to $151.00 and gave the company a "sector perform" rating in a research report on Wednesday. Eleven equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $181.33.

Phillips 66 Price Performance

PSX opened at $159.61 on Friday. 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 has a 12 month low of $101.54 and a 12 month high of $190.61. The company has a fifty day simple moving average of $166.61 and a 200 day simple moving average of $147.68. The stock has a market cap of $63.96 billion, a P/E ratio of 14.75, a P/E/G ratio of 0.30 and a beta of 0.76.

Phillips 66 (NYSE:PSX - Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The oil and gas company reported $2.47 EPS for the quarter, beating analysts' consensus estimates of $2.15 by $0.32. Phillips 66 had a net margin of 3.22% and a return on equity of 9.13%. The business had revenue of $32.16 billion during the quarter, compared to analysts' expectations of $33.81 billion. During the same quarter in the prior year, the company earned ($0.15) EPS. On average, research analysts expect that Phillips 66 will post 14.12 EPS for the current year.

Phillips 66 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Monday, May 18th will be given a $1.27 dividend. The ex-dividend date is Monday, May 18th. This represents a $5.08 dividend on an annualized basis and a dividend yield of 3.2%. Phillips 66's dividend payout ratio is currently 46.95%.

Insiders Place Their Bets

In related news, Director Kevin Omar Meyers bought 175 shares of Phillips 66 stock in a transaction that occurred on Tuesday, March 17th. The stock was purchased at an average cost of $173.20 per share, with a total value of $30,310.00. Following the purchase, the director owned 16,624 shares in the company, valued at approximately $2,879,276.80. This trade represents a 1.06% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Don Baldridge sold 7,500 shares of the company's stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $160.00, for a total transaction of $1,200,000.00. Following the completion of the transaction, the executive vice president directly owned 38,488 shares of the company's stock, valued at approximately $6,158,080. The trade was a 16.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 95,923 shares of company stock worth $16,399,619 over the last 90 days. 0.40% of the stock is currently owned by corporate insiders.

Phillips 66 News Roundup

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

• Positive Sentiment: Progress on the Western Gateway refined‑products pipeline: Phillips 66 and Kinder Morgan secured sufficient long‑term shipper commitments in a second open season to advance the project toward final agreements and board approvals — a potential multi‑year source of stable midstream fee revenue and improved connectivity between Midwest/Gulf refineries and Western markets. Phillips 66 (PSX) and Kinder Morgan Advance Western Gateway Pipeline Project
• Positive Sentiment: Pipeline reconfiguration could be a structural advantage: Plans include reversing existing SFPP and Gold Pipeline segments to redirect supply to Phoenix, CA and Las Vegas, which may lower operating costs and increase refined‑product margins for Phillips 66 if built to mid‑2029 in‑service target. Western Gateway Pipeline Reconfiguration Could Be A Game Changer For Phillips 66 (PSX)
• Positive Sentiment: Refining margin tailwind: Third‑party commentary highlights that rising crack spreads support Phillips 66’s refining profitability, which would boost near‑to‑medium‑term earnings if product demand and spreads persist. Phillips 66 (PSX) Is Expected to Benefit from Rising Crack Spreads
• Neutral Sentiment: Corporate social/renewables activity: Phillips 66 is partnering with Points of Light on a volunteer campaign and is named among renewable partners in a UCO recycling announcement — positive for PR and ESG positioning but limited direct near‑term financial impact. Points of Light Celebrates Global Volunteer Month and Launches Mobilizing Millions Campaign
• Neutral Sentiment: Supply‑chain/renewable feedstock cooperation: Restaurant Technologies reports large UCO collection with conversion partners including Phillips 66, signaling growing renewable diesel feedstock flows — strategic long‑run benefit but modest earnings effect in the near term. Restaurant Technologies Recycled Almost 400 Million Lbs of UCO in 2025
• Negative Sentiment: Jones Act waiver shipping move draws scrutiny: Phillips 66 loaded U.S. crude onto a foreign‑flagged tanker after a Jones Act waiver — a move that may raise regulatory, PR and logistics questions and could pressure the company’s domestic shipping premium or invite political scrutiny. Phillips 66 sending US oil on foreign-flagged tanker after Jones Act waiver
• Negative Sentiment: Earnings expectations and analyst posture weigh on near term: Several previews (Zacks/Yahoo) flag that Phillips 66 lacks the setup for an earnings beat in the upcoming report, and Scotiabank’s upgrade of its target to $151 still carries only a sector‑perform rating (implying limited upside vs. current levels). These items increase the risk of downside if results or guidance disappoint. Phillips 66 (PSX) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

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.

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