Quotient Wealth Partners LLC Decreases Stake in Phillips 66 $PSX

Key Points

• Quotient Wealth Partners LLC reduced its stake in Phillips 66 by 17.6%, selling 6,485 shares to hold 30,377 shares valued at about $3.92 million at the end of the quarter.
• Phillips 66 reported Q4 EPS of $2.47 (beating estimates by $0.32) despite revenue missing expectations, and increased its quarterly dividend to $1.27 (annualized $5.08, ~3.2% yield).
• Insiders have been selling material positions (EVP sold 42,800 shares; CFO sold 15,629), while analysts remain broadly positive with a consensus rating of Moderate Buy and a target price near $180.39.

Quotient Wealth Partners LLC reduced its stake in Phillips 66 (NYSE:PSX - Free Report) by 17.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,377 shares of the oil and gas company's stock after selling 6,485 shares during the period. Quotient Wealth Partners LLC's holdings in Phillips 66 were worth $3,920,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Evolution Wealth Management Inc. purchased a new position in Phillips 66 in the 2nd quarter worth approximately $25,000. Board of the Pension Protection Fund purchased a new position in Phillips 66 in the 4th quarter worth approximately $26,000. Stephens Consulting LLC increased its stake in Phillips 66 by 67.7% in the 4th quarter. Stephens Consulting LLC now owns 223 shares of the oil and gas company's stock worth $29,000 after purchasing an additional 90 shares during the period. Dorato Capital Management purchased a new position in Phillips 66 in the 4th quarter worth approximately $35,000. Finally, Winnow Wealth LLC purchased a new position in Phillips 66 in the 3rd quarter worth approximately $36,000. 76.93% of the stock is owned by hedge funds and other institutional investors.

Phillips 66 Price Performance

Shares of PSX stock opened at $160.85 on Friday. The stock has a market cap of $64.46 billion, a price-to-earnings ratio of 14.87, a PEG ratio of 0.29 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 has a twelve month low of $93.50 and a twelve month high of $190.61. The business's fifty day moving average is $165.35 and its 200 day moving average is $146.00.

Phillips 66 (NYSE:PSX - Get Free Report) last announced its quarterly earnings data 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. 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 for the quarter, compared to analysts' expectations of $33.81 billion. During the same quarter in the prior year, the company earned ($0.15) earnings per share. Research analysts expect that Phillips 66 will post 6.8 EPS for the current fiscal year.

Phillips 66 Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, February 23rd were paid a $1.27 dividend. This is an increase from Phillips 66's previous quarterly dividend of $1.20. This represents a $5.08 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Monday, February 23rd. Phillips 66's payout ratio is currently 46.95%.

Insider Transactions at Phillips 66

In other news, EVP Brian Mandell sold 42,800 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $169.53, for a total transaction of $7,255,884.00. Following the sale, the executive vice president owned 61,595 shares in the company, valued at $10,442,200.35. This represents a 41.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Kevin J. Mitchell sold 15,629 shares of the stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $190.07, for a total transaction of $2,970,604.03. Following the sale, the chief financial officer owned 97,376 shares in the company, valued at approximately $18,508,256.32. The trade was a 13.83% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 95,923 shares of company stock valued at $16,399,619. 0.22% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on PSX shares. Raymond James Financial boosted their price objective on shares of Phillips 66 from $175.00 to $205.00 and gave the company an "outperform" rating in a research report on Wednesday, March 25th. Zacks Research cut Phillips 66 from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 16th. Scotiabank raised Phillips 66 to a "hold" rating in a research note on Friday, March 27th. Citigroup boosted their target price on Phillips 66 from $159.00 to $183.00 and gave the company a "neutral" rating in a research note on Thursday. Finally, Weiss Ratings upgraded shares of Phillips 66 from a "hold (c)" rating to a "buy (b-)" rating in a research report on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $180.39.

Trending Headlines about Phillips 66

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

• Positive Sentiment: Analysts lifted targets and/or kept positive ratings — big firms raised their 12-month targets (JPMorgan to $188/overweight, BMO to $195/outperform, Citi to $183/neutral and others), signaling continued confidence in PSX’s earnings power and downstream margins. This analyst momentum is providing support despite stock weakness. JPMorgan Adjusts Price Target on Phillips 66
• Positive Sentiment: Refining margins remain very strong: Benzinga notes the crack spread held above $41/bbl even as WTI dipped on ceasefire optimism, meaning refiners including Phillips 66 are still running “war-era” margins that should boost near-term refining profits heading into earnings season (reports Apr 29–May 5). Crude Fell, The Crack Spread Didn’t: 6 Refiner Stocks To Watch This Earnings Season
• Neutral Sentiment: Strategic/valuation commentary — some analysts and writes note Phillips 66’s strong execution but caution the stock may have run up (valuation risks). That frames upside as more dependent on upcoming results and margin sustainability. Phillips 66: Strong Execution, But The Stock Got There First
• Neutral Sentiment: Broader energy/transportation noise — Delta’s earnings highlight a spike in jet-fuel costs and supply disruptions tied to the Middle East; this is a mixed signal for PSX: higher product prices can lift refining margins but also add volatility and risk of demand responses. Delta's Double Miss Is a Warning for Airline Stocks
• Negative Sentiment: Phillips 66 flagged about $900 million in derivatives losses tied to net-short commodity positions as oil and diesel spiked — an immediate earnings and cash-flow headwind that likely pressured the stock today. Investors will watch management’s commentary on hedging and how this impacts reported Q2 results. Phillips 66 Flags $900 Million Derivatives Loss As Oil Surges 68%

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.

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