Q3 EPS Estimates for Phillips 66 Decreased by Zacks Research

Phillips 66 (NYSE:PSX) – Equities researchers at Zacks Research decreased their Q3 2025 earnings per share estimates for shares of Phillips 66 in a research note issued to investors on Wednesday, April 16th. Zacks Research analyst R. Department now anticipates that the oil and gas company will post earnings per share of $1.70 for the quarter, down from their previous estimate of $1.71. The consensus estimate for Phillips 66’s current full-year earnings is $6.80 per share.

Phillips 66 (NYSE:PSX) last released its quarterly earnings data on Friday, January 31st. The oil and gas company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.23 by ($1.38). Phillips 66 had a return on equity of 8.58% and a net margin of 1.46%. During the same quarter last year, the business posted $3.09 earnings per share.

Other equities research analysts have also issued reports about the stock. Piper Sandler lowered shares of Phillips 66 from a “strong-buy” rating to a “hold” rating in a report on Friday, January 10th. Scotiabank reduced their target price on Phillips 66 from $136.00 to $133.00 and set a “sector outperform” rating for the company in a research note on Friday, April 11th. The Goldman Sachs Group lowered shares of Phillips 66 from a “buy” rating to a “neutral” rating and set a $132.00 price target for the company. in a research note on Thursday, March 27th. Wolfe Research upgraded shares of Phillips 66 from a “peer perform” rating to an “outperform” rating and set a $143.00 price objective on the stock in a research note on Friday, January 3rd. Finally, Raymond James dropped their target price on shares of Phillips 66 from $150.00 to $140.00 and set an “outperform” rating for the company in a research report on Wednesday, April 9th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $142.00.

Phillips 66 Price Performance

PSX stock opened at $98.88 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.83 and a current ratio of 1.21. Phillips 66 has a 1 year low of $91.01 and a 1 year high of $159.25. The stock has a 50-day simple moving average of $118.36 and a 200-day simple moving average of $122.44. The firm has a market cap of $40.29 billion, a P/E ratio of 20.02, a price-to-earnings-growth ratio of 4.84 and a beta of 1.17.

Phillips 66 Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, February 24th were paid a $1.15 dividend. The ex-dividend date was Monday, February 24th. This represents a $4.60 dividend on an annualized basis and a yield of 4.65%. Phillips 66’s payout ratio is currently 93.12%.

Institutional Trading of Phillips 66

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Bogart Wealth LLC grew its stake in Phillips 66 by 120.0% during the 4th quarter. Bogart Wealth LLC now owns 220 shares of the oil and gas company’s stock worth $25,000 after buying an additional 120 shares during the last quarter. J.Safra Asset Management Corp acquired a new position in shares of Phillips 66 during the fourth quarter valued at $25,000. Opal Wealth Advisors LLC bought a new position in shares of Phillips 66 during the first quarter worth about $29,000. Pacific Center for Financial Services acquired a new stake in shares of Phillips 66 in the 4th quarter worth about $27,000. Finally, Stephens Consulting LLC increased its holdings in shares of Phillips 66 by 83.5% in the 4th quarter. Stephens Consulting LLC now owns 244 shares of the oil and gas company’s stock worth $28,000 after acquiring an additional 111 shares during the period. 76.93% of the stock is currently owned by institutional investors and hedge funds.

About Phillips 66

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.