Cyndeo Wealth Partners LLC Sells 38,770 Shares of Phillips 66 $PSX

Cyndeo Wealth Partners LLC lowered its position in Phillips 66 (NYSE:PSX) by 91.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 3,397 shares of the oil and gas company’s stock after selling 38,770 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in Phillips 66 were worth $462,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in PSX. Brighton Jones LLC increased its position in Phillips 66 by 238.5% in the 4th quarter. Brighton Jones LLC now owns 10,239 shares of the oil and gas company’s stock valued at $1,166,000 after acquiring an additional 7,214 shares during the period. Compound Planning Inc. grew its stake in shares of Phillips 66 by 7.0% in the first quarter. Compound Planning Inc. now owns 5,481 shares of the oil and gas company’s stock worth $677,000 after purchasing an additional 359 shares during the last quarter. AlphaQuest LLC increased its holdings in Phillips 66 by 42.2% in the first quarter. AlphaQuest LLC now owns 5,984 shares of the oil and gas company’s stock valued at $739,000 after purchasing an additional 1,776 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in Phillips 66 by 0.6% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 35,467 shares of the oil and gas company’s stock worth $4,379,000 after purchasing an additional 219 shares during the last quarter. Finally, Jump Financial LLC lifted its holdings in Phillips 66 by 307.1% during the 1st quarter. Jump Financial LLC now owns 11,276 shares of the oil and gas company’s stock worth $1,392,000 after buying an additional 8,506 shares during the period. 76.93% of the stock is currently owned by institutional investors and hedge funds.

Phillips 66 Price Performance

Phillips 66 stock opened at $128.95 on Monday. The stock has a market capitalization of $51.96 billion, a price-to-earnings ratio of 35.23, a PEG ratio of 0.67 and a beta of 0.92. Phillips 66 has a 52-week low of $91.01 and a 52-week high of $144.96. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.87 and a current ratio of 1.23. The stock’s 50 day moving average price is $135.84 and its two-hundred day moving average price is $130.12.

Phillips 66 (NYSE:PSX) last released its earnings results on Wednesday, October 29th. The oil and gas company reported $2.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.14 by $0.38. The company had revenue of $33.69 billion for the quarter, compared to the consensus estimate of $32.29 billion. Phillips 66 had a net margin of 1.12% and a return on equity of 5.53%. During the same quarter in the previous year, the company earned $2.04 EPS. On average, equities analysts predict that Phillips 66 will post 6.8 earnings per share for the current year.

Phillips 66 Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, November 17th were issued a dividend of $1.20 per share. The ex-dividend date was Monday, November 17th. This represents a $4.80 annualized dividend and a dividend yield of 3.7%. Phillips 66’s dividend payout ratio is currently 131.15%.

Insider Transactions at Phillips 66

In other news, EVP Vanessa Allen Sutherland sold 4,393 shares of the firm’s stock in a transaction dated Friday, September 26th. The stock was sold at an average price of $140.00, for a total value of $615,020.00. Following the completion of the sale, the executive vice president directly owned 34,587 shares in the company, valued at $4,842,180. This trade represents a 11.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Brian Mandell sold 26,200 shares of the business’s stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $137.68, for a total value of $3,607,216.00. Following the completion of the sale, the executive vice president directly owned 56,838 shares of the company’s stock, valued at $7,825,455.84. The trade was a 31.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 86,093 shares of company stock valued at $11,933,256 in the last 90 days. 0.22% of the stock is currently owned by corporate insiders.

Key Stores Impacting Phillips 66

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

• Positive Sentiment: Zacks Research upgraded PSX from “Hold” to “Strong‑Buy”, a direct upward rating change that typically encourages buying interest. Zacks.com
• Positive Sentiment: Zacks raised multiple near‑term and multi‑year EPS estimates (examples: Q1‑2026 to $1.89, Q2‑2026 to $2.19, Q3‑2026 to $2.93, FY‑2026 to $9.74 and FY‑2027 to $12.58), signaling analysts expect stronger margins/earnings ahead — a material positive for valuation. MarketBeat: Zacks research note
• Negative Sentiment: Wall Street Zen lowered its rating on Phillips 66, creating a conflicting signal that can weigh on momentum and increase volatility as investors reconcile differing analyst views. American Banking News: Wall Street Zen downgrade

Analyst Ratings Changes

PSX has been the subject of several recent research reports. Piper Sandler increased their price target on Phillips 66 from $170.00 to $171.00 and gave the company a “neutral” rating in a research note on Friday, December 5th. Wolfe Research increased their target price on shares of Phillips 66 from $158.00 to $160.00 and gave the company an “outperform” rating in a research report on Friday, December 5th. Evercore ISI raised their price target on shares of Phillips 66 from $130.00 to $170.00 and gave the stock an “outperform” rating in a report on Friday, September 19th. Barclays upped their price objective on shares of Phillips 66 from $132.00 to $141.00 and gave the company an “equal weight” rating in a research note on Monday, November 17th. Finally, Mizuho lifted their target price on shares of Phillips 66 from $145.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat, Phillips 66 currently has a consensus rating of “Moderate Buy” and an average price target of $148.35.

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.