Phillips 66 (PSX) – Investment Analysts’ Recent Ratings Changes

by · The Cerbat Gem

Several brokerages have updated their recommendations and price targets on shares of Phillips 66 (NYSE: PSX) in the last few weeks:

  • 11/3/2025 – Phillips 66 had its price target raised by analysts at UBS Group AG from $150.00 to $160.00. They now have a “buy” rating on the stock.
  • 11/1/2025 – Phillips 66 was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating.
  • 10/31/2025 – Phillips 66 was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating.
  • 10/30/2025 – Phillips 66 had its “buy” rating reaffirmed by analysts at Cowen Inc.
  • 10/30/2025 – Phillips 66 had its price target raised by analysts at Piper Sandler from $155.00 to $159.00. They now have a “neutral” rating on the stock.
  • 10/30/2025 – Phillips 66 had its price target raised by analysts at Wells Fargo & Company from $154.00 to $162.00. They now have an “overweight” rating on the stock.
  • 10/30/2025 – Phillips 66 had its price target raised by analysts at TD Cowen from $140.00 to $145.00. They now have a “buy” rating on the stock.
  • 10/17/2025 – Phillips 66 had its “outperform” rating reaffirmed by analysts at Raymond James Financial, Inc.. They now have a $150.00 price target on the stock, up previously from $145.00.
  • 10/17/2025 – Phillips 66 is now covered by analysts at Wells Fargo & Company. They set an “overweight” rating and a $154.00 price target on the stock.
  • 10/16/2025 – Phillips 66 was upgraded by analysts at Wells Fargo & Company to a “strong-buy” rating.
  • 10/10/2025 – Phillips 66 had its price target raised by analysts at Jefferies Financial Group Inc. from $133.00 to $137.00. They now have a “hold” rating on the stock.
  • 10/8/2025 – Phillips 66 had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
  • 10/7/2025 – Phillips 66 had its price target raised by analysts at Barclays PLC from $127.00 to $132.00. They now have an “equal weight” rating on the stock.
  • 10/3/2025 – Phillips 66 had its price target raised by analysts at Morgan Stanley from $128.00 to $140.00. They now have an “equal weight” rating on the stock.
  • 9/29/2025 – Phillips 66 had its price target raised by analysts at Piper Sandler from $154.00 to $155.00. They now have a “neutral” rating on the stock.
  • 9/27/2025 – Phillips 66 had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
  • 9/26/2025 – Phillips 66 was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating.
  • 9/22/2025 – Phillips 66 had its price target raised by analysts at UBS Group AG from $143.00 to $150.00. They now have a “buy” rating on the stock.
  • 9/19/2025 – Phillips 66 had its price target raised by analysts at Evercore ISI from $130.00 to $170.00. They now have an “outperform” rating on the stock.
  • 9/15/2025 – Phillips 66 had its price target raised by analysts at Jefferies Financial Group Inc. from $130.00 to $133.00. They now have a “hold” rating on the stock.
  • 9/15/2025 – Phillips 66 had its price target raised by analysts at Mizuho from $140.00 to $142.00. They now have a “neutral” rating on the stock.
  • 9/11/2025 – Phillips 66 had its price target raised by analysts at Piper Sandler from $144.00 to $154.00. They now have a “neutral” rating on the stock.
  • 9/9/2025 – Phillips 66 had its price target raised by analysts at Raymond James Financial, Inc. from $142.00 to $145.00. They now have an “outperform” rating on the stock.

Phillips 66 Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Stockholders of record on Monday, November 17th will be issued a $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Monday, November 17th. Phillips 66’s payout ratio is 131.15%.

Insider Buying and Selling at Phillips 66

In related news, Director Gregory Hayes bought 8,350 shares of the stock in a transaction dated Thursday, August 14th. The shares were purchased at an average price of $119.90 per share, with a total value of $1,001,165.00. Following the completion of the acquisition, the director owned 29,423 shares of the company’s stock, valued at $3,527,817.70. This represents a 39.62% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Vanessa Allen Sutherland sold 4,393 shares of the business’s stock in a transaction on Friday, September 26th. The stock was sold at an average price of $140.00, for a total transaction of $615,020.00. Following the completion of the transaction, the executive vice president directly owned 34,587 shares in the company, valued at $4,842,180. This trade represents a 11.27% decrease in their position. The SEC filing for this sale provides additional information. 0.22% of the stock is currently owned by insiders.

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.

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