Rockefeller Capital Management L.P. Has $19.41 Million Stock Position in Phillips 66 $PSX

Rockefeller Capital Management L.P. lifted its holdings in shares of Phillips 66 (NYSE:PSX) by 5.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 150,396 shares of the oil and gas company’s stock after buying an additional 7,758 shares during the period. Rockefeller Capital Management L.P.’s holdings in Phillips 66 were worth $19,407,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Clifford Group LLC increased its position in Phillips 66 by 2.0% during the fourth quarter. Clifford Group LLC now owns 3,315 shares of the oil and gas company’s stock worth $428,000 after buying an additional 64 shares during the last quarter. CYBER HORNET ETFs LLC lifted its position in shares of Phillips 66 by 5.7% in the fourth quarter. CYBER HORNET ETFs LLC now owns 1,228 shares of the oil and gas company’s stock worth $158,000 after buying an additional 66 shares during the last quarter. GHP Investment Advisors Inc. lifted its position in shares of Phillips 66 by 2.3% in the fourth quarter. GHP Investment Advisors Inc. now owns 3,210 shares of the oil and gas company’s stock worth $414,000 after buying an additional 72 shares during the last quarter. Johnson Financial Group Inc. boosted its stake in shares of Phillips 66 by 11.9% during the 4th quarter. Johnson Financial Group Inc. now owns 679 shares of the oil and gas company’s stock worth $88,000 after acquiring an additional 72 shares in the last quarter. Finally, L2 Asset Management LLC boosted its stake in shares of Phillips 66 by 4.0% during the 3rd quarter. L2 Asset Management LLC now owns 1,893 shares of the oil and gas company’s stock worth $257,000 after acquiring an additional 72 shares in the last quarter. Institutional investors and hedge funds own 76.93% of the company’s stock.

Phillips 66 News Roundup

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

• Positive Sentiment: Energy stocks were slightly higher ahead of the open, providing a supportive backdrop for Phillips 66 and other refiners. Sector Update: Energy Stocks Slightly Higher Pre-Bell Tuesday
• Positive Sentiment: Phillips 66 was highlighted as a growth leader among S&P 500 energy stocks, reinforcing the view that its fundamentals remain relatively strong versus peers. Phillips 66 stands out as growth leader among S&P 500 energy stocks
• Positive Sentiment: Research on oil refiners noted that higher crack spreads could boost cash flow and share buybacks, a favorable setup for Phillips 66. 3 Oil Refiners Built to Cash In on Higher Crack Spreads (PSX)
• Neutral Sentiment: At a conference presentation, Phillips 66 reiterated its strategy and outlook, but the item did not include a major new catalyst for the shares. Phillips 66 (PSX) Presents at J.P. Morgan Energy, Power & Renewables Conference 2026 Transcript
• Neutral Sentiment: Kanin Energy announced a waste-heat power project at a Phillips 66 gas plant, which may improve operating efficiency over time but is not likely to move the stock materially today. Kanin Energy Develops 7 MW Waste Heat to Power Project at Colorado Gas Plant
• Negative Sentiment: Phillips 66’s CEO said shipping uncertainty around the Strait of Hormuz could keep crude supply disruptions in place longer, which may create operational and logistics uncertainty for refiners. Phillips 66 CEO says Hormuz supply disruptions may linger amid shipping uncertainty

Analyst Ratings Changes

A number of brokerages recently weighed in on PSX. Scotiabank raised their price objective on Phillips 66 from $140.00 to $151.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 22nd. UBS Group reaffirmed a “buy” rating and set a $212.00 target price on shares of Phillips 66 in a research report on Monday, June 15th. Citigroup increased their price target on Phillips 66 from $159.00 to $183.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Mizuho raised shares of Phillips 66 from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $170.00 to $212.00 in a research report on Wednesday, May 27th. Finally, Weiss Ratings cut shares of Phillips 66 from a “buy (b-)” rating to a “hold (c)” rating in a research note on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $192.33.

Phillips 66 Trading Up 1.4%

Phillips 66 stock opened at $170.85 on Wednesday. Phillips 66 has a 52 week low of $118.00 and a 52 week high of $190.61. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.85 and a current ratio of 1.13. The firm has a market capitalization of $68.50 billion, a PE ratio of 16.83, a PEG ratio of 0.24 and a beta of 0.68. The business’s 50-day simple moving average is $172.32 and its 200-day simple moving average is $159.50.

Phillips 66 (NYSE:PSX) last announced its earnings results on Wednesday, April 29th. The oil and gas company reported $0.49 earnings per share for the quarter, beating the consensus estimate of ($0.54) by $1.03. The firm had revenue of $32.54 billion during the quarter, compared to the consensus estimate of $35.86 billion. Phillips 66 had a return on equity of 10.98% and a net margin of 2.99%.The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.90) EPS. Equities research analysts forecast that Phillips 66 will post 18.22 earnings per share for the current year.

Phillips 66 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 18th were given a $1.27 dividend. This represents a $5.08 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Monday, May 18th. Phillips 66’s dividend payout ratio is currently 50.05%.

Insider Activity at Phillips 66

In other news, CFO Kevin J. Mitchell sold 600 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $171.56, for a total value of $102,936.00. Following the sale, the chief financial officer owned 97,376 shares in the company, valued at approximately $16,705,826.56. This trade represents a 0.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Kevin Omar Meyers bought 175 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The shares were bought at an average cost of $173.12 per share, for a total transaction of $30,296.00. Following the transaction, the director directly owned 16,799 shares of the company’s stock, valued at $2,908,242.88. This trade represents a 1.05% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold 45,629 shares of company stock valued at $8,071,540 over the last three months. 0.40% of the stock is owned by company insiders.

About Phillips 66

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.