Q1 EPS Estimates for Phillips 66 Reduced by Zacks Research

Phillips 66 (NYSE:PSX) – Research analysts at Zacks Research decreased their Q1 2025 EPS estimates for shares of Phillips 66 in a research note issued on Wednesday, December 11th. Zacks Research analyst R. Department now anticipates that the oil and gas company will post earnings per share of $1.71 for the quarter, down from their prior estimate of $1.75. The consensus estimate for Phillips 66’s current full-year earnings is $7.56 per share. Zacks Research also issued estimates for Phillips 66’s Q2 2025 earnings at $2.97 EPS, Q4 2025 earnings at $2.27 EPS, FY2025 earnings at $9.66 EPS, Q1 2026 earnings at $3.41 EPS, Q2 2026 earnings at $3.70 EPS and FY2026 earnings at $13.85 EPS.

Other equities research analysts have also issued research reports about the stock. TD Cowen dropped their price target on shares of Phillips 66 from $162.00 to $150.00 and set a “buy” rating on the stock in a research note on Wednesday, September 11th. Wells Fargo & Company decreased their price target on Phillips 66 from $167.00 to $161.00 and set an “overweight” rating for the company in a research note on Monday. Bank of America began coverage on shares of Phillips 66 in a research note on Thursday, October 17th. They set a “buy” rating and a $156.00 price objective on the stock. Barclays decreased their target price on shares of Phillips 66 from $133.00 to $124.00 and set an “equal weight” rating for the company in a research report on Monday, November 11th. Finally, Piper Sandler set a $144.00 price target on shares of Phillips 66 in a research report on Thursday, October 17th. Five analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $149.23.

Phillips 66 Stock Performance

Shares of PSX opened at $123.99 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 $119.77 and a 1 year high of $174.08. The firm has a fifty day moving average of $130.48 and a 200-day moving average of $134.12. The company has a market cap of $51.21 billion, a price-to-earnings ratio of 15.92, a price-to-earnings-growth ratio of 4.14 and a beta of 1.35.

Phillips 66 (NYSE:PSX) last announced its quarterly earnings results on Tuesday, October 29th. The oil and gas company reported $2.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.41. Phillips 66 had a return on equity of 13.12% and a net margin of 2.24%. The business had revenue of $36.16 billion for the quarter, compared to analysts’ expectations of $36.31 billion. During the same period in the prior year, the firm earned $4.63 EPS. The business’s quarterly revenue was down 10.3% on a year-over-year basis.

Phillips 66 Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, November 18th were paid a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date of this dividend was Monday, November 18th. Phillips 66’s dividend payout ratio is presently 59.05%.

Institutional Investors Weigh In On Phillips 66

Several hedge funds have recently made changes to their positions in PSX. Birmingham Capital Management Co. Inc. AL raised its stake in Phillips 66 by 17.7% during the 3rd quarter. Birmingham Capital Management Co. Inc. AL now owns 6,653 shares of the oil and gas company’s stock valued at $875,000 after purchasing an additional 1,002 shares during the period. Oddo BHF Asset Management Sas purchased a new stake in Phillips 66 in the 3rd quarter worth about $1,791,000. Old North State Trust LLC acquired a new stake in Phillips 66 during the 3rd quarter worth about $201,000. Synovus Financial Corp grew its stake in Phillips 66 by 25.4% during the 3rd quarter. Synovus Financial Corp now owns 26,554 shares of the oil and gas company’s stock valued at $3,490,000 after acquiring an additional 5,376 shares in the last quarter. Finally, Tidal Investments LLC increased its holdings in shares of Phillips 66 by 11.8% in the 3rd quarter. Tidal Investments LLC now owns 21,523 shares of the oil and gas company’s stock valued at $2,829,000 after purchasing an additional 2,274 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.