Federated Hermes Inc. Has $466,000 Stake in Phillips 66 $PSX

Federated Hermes Inc. lowered its position in Phillips 66 (NYSE:PSX) by 85.2% during the third quarter, HoldingsChannel reports. The institutional investor owned 3,426 shares of the oil and gas company’s stock after selling 19,767 shares during the period. Federated Hermes Inc.’s holdings in Phillips 66 were worth $466,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Evolution Wealth Management Inc. bought a new position in shares of Phillips 66 during the 2nd quarter valued at $25,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in Phillips 66 during the second quarter worth $32,000. Twin Peaks Wealth Advisors LLC acquired a new position in Phillips 66 during the second quarter worth $38,000. Operose Advisors LLC raised its holdings in Phillips 66 by 260.4% during the second quarter. Operose Advisors LLC now owns 346 shares of the oil and gas company’s stock valued at $41,000 after buying an additional 250 shares in the last quarter. Finally, Traub Capital Management LLC acquired a new stake in shares of Phillips 66 in the second quarter worth about $43,000. Institutional investors own 76.93% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on PSX shares. Jefferies Financial Group increased their price objective on Phillips 66 from $137.00 to $149.00 and gave the company a “hold” rating in a report on Monday, January 26th. Zacks Research cut Phillips 66 from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Phillips 66 in a report on Thursday, January 22nd. TD Cowen restated a “buy” rating on shares of Phillips 66 in a research note on Friday. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $170.00 price objective on shares of Phillips 66 in a report on Friday. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat, Phillips 66 currently has an average rating of “Hold” and a consensus target price of $156.41.

Insider Transactions at Phillips 66

In related news, EVP Brian Mandell sold 26,200 shares of the business’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $137.68, for a total transaction of $3,607,216.00. Following the transaction, the executive vice president directly owned 56,838 shares in the company, valued at $7,825,455.84. The trade was a 31.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 value of $659,100.00. Following the completion of the transaction, the executive vice president directly owned 25,799 shares of the company’s stock, valued at approximately $3,869,850. This trade represents a 14.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 60,488 shares of company stock valued at $8,474,466 in the last ninety days. 0.22% of the stock is owned by company insiders.

Phillips 66 News Summary

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

• Positive Sentiment: Q4 earnings beat — Phillips 66 reported $2.47 EPS vs. $2.15 consensus, with improving refining margins and stronger midstream volumes that bolster cash flow and support the company’s growth narrative. PSX Q4 2025 Earnings Highlights
• Positive Sentiment: Management emphasizes midstream-led growth — management told investors the firm is leaning into fee-based midstream businesses to reduce cyclicality and grow stable cash flow, a strategic positive for valuation and dividend coverage. Earnings Call: Midstream-Led Growth
• Positive Sentiment: Analyst upgrade / higher price target from Wells Fargo — Wells Fargo raised its PT to $163 with an overweight rating, signaling incremental upside and helping investor sentiment. Wells Fargo Raises PSX Price Target
• Neutral Sentiment: Morgan Stanley raised its price target to $147 but kept an equal-weight rating — the uplift is constructive, though the target remains below current market levels, producing a mixed signal. Morgan Stanley Price Target Update
• Negative Sentiment: Los Angeles refinery shutdown and layoffs — Phillips 66 is winding down operations at its last California refinery and will cut a large portion of local jobs; this could lower future refining throughput, trigger one‑time costs and attract regulatory/PR scrutiny. Refinery Shutdown / Layoffs
• Negative Sentiment: Insider sale — EVP Vanessa Allen Sutherland sold ~4,394 shares at about $150; not large for the company but can be perceived negatively by some investors. SEC Form 4: Insider Sale

Phillips 66 Stock Up 2.1%

Shares of PSX stock opened at $157.75 on Friday. Phillips 66 has a 12 month low of $91.01 and a 12 month high of $159.15. The company has a quick ratio of 0.87, a current ratio of 1.23 and a debt-to-equity ratio of 0.68. The firm has a market cap of $63.56 billion, a PE ratio of 14.58, a price-to-earnings-growth ratio of 0.57 and a beta of 0.90. The stock has a 50 day moving average of $138.47 and a 200-day moving average of $133.74.

Phillips 66 (NYSE:PSX) last announced its earnings results on Wednesday, February 4th. The oil and gas company reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.15 by $0.32. The business had revenue of $32.16 billion for the quarter, compared to analyst estimates of $33.81 billion. Phillips 66 had a net margin of 3.22% and a return on equity of 9.28%. During the same quarter in the previous year, the firm posted ($0.15) earnings per share. On average, equities analysts predict that Phillips 66 will post 6.8 EPS for the current 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.