Q1 2025 EPS Estimates for Phillips 66 Lifted by Analyst (NYSE:PSX)

Phillips 66 (NYSE:PSX - Free Report) - Equities research analysts at Zacks Research upped their Q1 2025 earnings per share estimates for Phillips 66 in a research report issued to clients and investors on Tuesday, September 17th. Zacks Research analyst R. Department now expects that the oil and gas company will post earnings of $2.33 per share for the quarter, up from their prior estimate of $2.32. The consensus estimate for Phillips 66's current full-year earnings is $9.10 per share. Zacks Research also issued estimates for Phillips 66's Q2 2026 earnings at $3.65 EPS.

Phillips 66 (NYSE:PSX - Get Free Report) last posted its earnings results on Tuesday, July 30th. The oil and gas company reported $2.31 earnings per share for the quarter, topping analysts' consensus estimates of $1.98 by $0.33. Phillips 66 had a return on equity of 16.77% and a net margin of 3.32%. The company had revenue of $38.91 billion during the quarter, compared to analyst estimates of $37.79 billion. During the same quarter in the prior year, the business earned $3.87 earnings per share. Phillips 66's revenue was up 8.9% on a year-over-year basis.

Several other research analysts have also recently issued reports on the stock. Morgan Stanley reduced their target price on shares of Phillips 66 from $150.00 to $144.00 and set an "equal weight" rating for the company in a report on Monday. Raymond James boosted their price target on Phillips 66 from $150.00 to $155.00 and gave the company an "outperform" rating in a report on Wednesday, July 31st. Barclays raised their price objective on shares of Phillips 66 from $136.00 to $138.00 and gave the stock an "equal weight" rating in a research note on Monday, August 5th. Wolfe Research initiated coverage on shares of Phillips 66 in a research note on Thursday, July 18th. They issued a "peer perform" rating for the company. Finally, Scotiabank dropped their price target on shares of Phillips 66 from $156.00 to $145.00 and set a "sector outperform" rating on the stock in a research report on Friday, July 12th. Six analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $154.21.

Phillips 66 Stock Performance

Shares of Phillips 66 stock traded down $2.58 on Friday, reaching $129.97. 6,367,853 shares of the stock were exchanged, compared to its average volume of 2,699,680. Phillips 66 has a twelve month low of $107.85 and a twelve month high of $174.08. The company has a quick ratio of 0.79, a current ratio of 1.14 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $55.10 billion, a price-to-earnings ratio of 9.99, a PEG ratio of 4.67 and a beta of 1.33. The business has a 50 day moving average price of $135.37 and a two-hundred day moving average price of $143.79.

Phillips 66 Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Tuesday, August 20th were issued a $1.15 dividend. The ex-dividend date was Tuesday, August 20th. This represents a $4.60 dividend on an annualized basis and a yield of 3.54%. Phillips 66's payout ratio is currently 35.38%.

Insiders Place Their Bets

In other Phillips 66 news, CFO Kevin J. Mitchell sold 30,000 shares of the stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $139.01, for a total value of $4,170,300.00. Following the completion of the sale, the chief financial officer now owns 81,937 shares in the company, valued at approximately $11,390,062.37. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.22% of the stock is currently owned by corporate insiders.

Institutional Trading of Phillips 66

Several hedge funds have recently made changes to their positions in the company. Gryphon Financial Partners LLC lifted its position in Phillips 66 by 11.4% in the fourth quarter. Gryphon Financial Partners LLC now owns 4,166 shares of the oil and gas company's stock valued at $546,000 after buying an additional 426 shares during the last quarter. TrinityPoint Wealth LLC lifted its holdings in shares of Phillips 66 by 14.9% in the 4th quarter. TrinityPoint Wealth LLC now owns 5,170 shares of the oil and gas company's stock worth $688,000 after acquiring an additional 672 shares during the last quarter. Clearbridge Investments LLC boosted its position in shares of Phillips 66 by 55.1% during the 4th quarter. Clearbridge Investments LLC now owns 33,625 shares of the oil and gas company's stock worth $4,477,000 after purchasing an additional 11,945 shares during the period. Assetmark Inc. increased its holdings in Phillips 66 by 792.6% in the 4th quarter. Assetmark Inc. now owns 1,455 shares of the oil and gas company's stock valued at $194,000 after purchasing an additional 1,292 shares during the last quarter. Finally, Dai ichi Life Insurance Company Ltd raised its position in Phillips 66 by 201.2% in the fourth quarter. Dai ichi Life Insurance Company Ltd now owns 35,930 shares of the oil and gas company's stock valued at $4,784,000 after purchasing an additional 24,000 shares during the period. Hedge funds and other institutional investors own 76.93% of the company's stock.

Phillips 66 Company Profile

Phillips 66 operates as an energy manufacturing and logistics company in the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market; provides terminaling and storage services for crude oil and refined petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based processing services; and gathers, processes, transports, and markets natural gas.