Q2 EPS Estimates for Phillips 66 Boosted by Zacks Research

Phillips 66 (NYSE:PSX) – Zacks Research upped their Q2 2025 earnings estimates for Phillips 66 in a research note issued to investors on Tuesday, May 20th. Zacks Research analyst R. Department now anticipates that the oil and gas company will earn $1.58 per share for the quarter, up from their previous forecast of $1.57. The consensus estimate for Phillips 66’s current full-year earnings is $6.80 per share. Zacks Research also issued estimates for Phillips 66’s Q3 2025 earnings at $1.93 EPS, FY2025 earnings at $3.95 EPS, Q2 2026 earnings at $2.06 EPS, Q3 2026 earnings at $2.49 EPS, Q4 2026 earnings at $2.29 EPS and FY2027 earnings at $10.93 EPS.

Other equities research analysts have also issued reports about the stock. Wells Fargo & Company lowered their price target on shares of Phillips 66 from $162.00 to $149.00 and set an “overweight” rating on the stock in a research note on Monday, April 28th. Morgan Stanley lowered their price objective on shares of Phillips 66 from $140.00 to $122.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 24th. The Goldman Sachs Group lowered shares of Phillips 66 from a “buy” rating to a “neutral” rating and set a $132.00 price objective on the stock. in a research note on Thursday, March 27th. TD Cowen boosted their price objective on shares of Phillips 66 from $114.00 to $120.00 and gave the stock a “buy” rating in a research note on Tuesday, May 13th. Finally, UBS Group lowered their price objective on shares of Phillips 66 from $144.00 to $140.00 and set a “buy” rating on the stock in a research note on Monday, April 28th. Six analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, Phillips 66 presently has a consensus rating of “Moderate Buy” and an average target price of $137.86.

Phillips 66 Trading Up 1.1%

NYSE PSX opened at $112.97 on Thursday. Phillips 66 has a 52 week low of $91.01 and a 52 week high of $150.12. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.83 and a current ratio of 1.21. The stock’s 50 day moving average price is $110.91 and its two-hundred day moving average price is $119.13. The stock has a market capitalization of $46.03 billion, a price-to-earnings ratio of 22.87, a PEG ratio of 4.84 and a beta of 1.01.

Phillips 66 (NYSE:PSX) last released its quarterly earnings data on Friday, April 25th. The oil and gas company reported ($0.90) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.97). Phillips 66 had a return on equity of 8.58% and a net margin of 1.46%. The firm had revenue of $31.92 billion for the quarter, compared to the consensus estimate of $31.93 billion. During the same period in the previous year, the business earned $1.90 EPS.

Hedge Funds Weigh In On Phillips 66

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Elliott Investment Management L.P. grew its stake in Phillips 66 by 1,929.0% in the 1st quarter. Elliott Investment Management L.P. now owns 15,725,000 shares of the oil and gas company’s stock worth $1,941,723,000 after buying an additional 14,950,000 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in Phillips 66 by 283.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,026,649 shares of the oil and gas company’s stock worth $686,618,000 after buying an additional 4,455,220 shares in the last quarter. Norges Bank purchased a new position in Phillips 66 in the 4th quarter worth approximately $497,648,000. Raymond James Financial Inc. purchased a new stake in shares of Phillips 66 in the 4th quarter valued at $168,790,000. Finally, Nuveen LLC purchased a new stake in shares of Phillips 66 in the 1st quarter valued at $156,482,000. Hedge funds and other institutional investors own 76.93% of the company’s stock.

Phillips 66 Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 19th will be paid a dividend of $1.20 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $4.80 annualized dividend and a yield of 4.25%. This is a boost from Phillips 66’s previous quarterly dividend of $1.15. Phillips 66’s payout ratio is currently 109.34%.

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.