Q4 EPS Estimates for Phillips 66 Lifted by Zacks Research

Phillips 66 (NYSE:PSX) – Zacks Research increased their Q4 2025 earnings per share estimates for shares of Phillips 66 in a research report issued on Tuesday, May 20th. Zacks Research analyst R. Department now forecasts that the oil and gas company will post earnings per share of $1.35 for the quarter, up from their previous estimate of $1.06. 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 Q1 2026 earnings at $1.56 EPS, FY2026 earnings at $8.41 EPS and Q1 2027 earnings at $1.90 EPS.

PSX has been the subject of a number of other reports. Morgan Stanley reduced their price target on shares of Phillips 66 from $140.00 to $122.00 and set an “equal weight” rating for the company in a report on Thursday, April 24th. Mizuho upped their target price on Phillips 66 from $132.00 to $138.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 13th. Scotiabank cut their target price on Phillips 66 from $136.00 to $133.00 and set a “sector outperform” rating on the stock in a report on Friday, April 11th. Barclays boosted their price target on shares of Phillips 66 from $106.00 to $115.00 and gave the company an “equal weight” rating in a research note on Monday, May 12th. Finally, Wall Street Zen raised shares of Phillips 66 from a “sell” rating to a “hold” rating in a research note on Monday, April 28th. Six equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $137.86.

Phillips 66 Price Performance

Phillips 66 stock opened at $113.13 on Friday. The stock has a market capitalization of $46.09 billion, a price-to-earnings ratio of 22.90, a PEG ratio of 4.84 and a beta of 1.01. 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 $110.60 and its two-hundred day moving average price is $119.07.

Phillips 66 (NYSE:PSX) last released its earnings results on Friday, April 25th. The oil and gas company reported ($0.90) EPS 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 business had revenue of $31.92 billion for the quarter, compared to analyst estimates of $31.93 billion. During the same period in the prior year, the business earned $1.90 EPS.

Phillips 66 Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 19th will be issued a dividend of $1.20 per share. The ex-dividend date is Monday, May 19th. This is a boost from Phillips 66’s previous quarterly dividend of $1.15. This represents a $4.80 annualized dividend and a yield of 4.24%. Phillips 66’s payout ratio is 109.34%.

Institutional Investors Weigh In On Phillips 66

A number of institutional investors have recently added to or reduced their stakes in PSX. Tallon Kerry Patrick purchased a new position in Phillips 66 in the fourth quarter worth $336,000. Ballentine Partners LLC increased its position in shares of Phillips 66 by 11.4% during the 4th quarter. Ballentine Partners LLC now owns 3,040 shares of the oil and gas company’s stock valued at $346,000 after purchasing an additional 312 shares during the last quarter. Fort Washington Investment Advisors Inc. OH raised its stake in shares of Phillips 66 by 22.4% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 238,300 shares of the oil and gas company’s stock worth $27,150,000 after purchasing an additional 43,631 shares during the period. Nisa Investment Advisors LLC boosted its holdings in shares of Phillips 66 by 32.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 250,404 shares of the oil and gas company’s stock worth $28,529,000 after buying an additional 60,843 shares during the last quarter. Finally, Advisory Alpha LLC boosted its holdings in shares of Phillips 66 by 51.1% in the 4th quarter. Advisory Alpha LLC now owns 2,894 shares of the oil and gas company’s stock worth $330,000 after buying an additional 979 shares during the last quarter. 76.93% of the stock is owned by institutional investors.

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.