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

Phillips 66 (NYSE: PSX) has recently received a number of price target changes and ratings updates:

• 12/22/2025 – Phillips 66 had its price target lowered by analysts at Raymond James Financial, Inc. from $169.00 to $160.00. They now have an “outperform” rating on the stock.
• 12/20/2025 – Phillips 66 was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating.
• 12/18/2025 – Phillips 66 was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating.
• 12/12/2025 – Phillips 66 had its price target raised by analysts at Mizuho from $145.00 to $150.00. They now have a “neutral” rating on the stock.
• 12/5/2025 – Phillips 66 had its price target raised by analysts at Piper Sandler from $170.00 to $171.00. They now have a “neutral” rating on the stock.
• 12/5/2025 – Phillips 66 had its price target raised by analysts at Wolfe Research from $158.00 to $160.00. They now have an “outperform” rating on the stock.
• 11/25/2025 – Phillips 66 had its price target raised by analysts at Raymond James Financial, Inc. from $153.00 to $169.00. They now have an “outperform” rating on the stock.
• 11/17/2025 – Phillips 66 had its price target raised by analysts at Barclays PLC from $132.00 to $141.00. They now have an “equal weight” rating on the stock.
• 11/14/2025 – Phillips 66 had its price target raised by analysts at Piper Sandler from $159.00 to $170.00. They now have a “neutral” rating on the stock.
• 11/11/2025 – Phillips 66 had its price target raised by analysts at BMO Capital Markets from $152.00 to $160.00.
• 11/10/2025 – Phillips 66 had its “buy” rating reaffirmed by analysts at UBS Group AG. They now have a $160.00 price target on the stock.
• 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.

Phillips 66 Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, November 17th were paid a dividend of $1.20 per share. The ex-dividend date of this dividend was Monday, November 17th. This represents a $4.80 annualized dividend and a dividend yield of 3.7%. Phillips 66’s dividend payout ratio (DPR) is 131.15%.

Insider Transactions at Phillips 66

In related news, CFO Kevin J. Mitchell sold 30,000 shares of the stock in a transaction on Friday, November 7th. The shares were sold at an average price of $138.00, for a total transaction of $4,140,000.00. Following the transaction, the chief financial officer owned 89,771 shares of the company’s stock, valued at approximately $12,388,398. This trade represents a 25.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Brian Mandell sold 25,500 shares of the business’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $140.04, for a total transaction of $3,571,020.00. Following the completion of the sale, the executive vice president directly owned 56,838 shares of the company’s stock, valued at $7,959,593.52. This represents a 30.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 86,093 shares of company stock worth $11,933,256. 0.22% of the stock is currently owned by insiders.

Phillips 66 (NYSE: PSX) is an independent energy manufacturing and logistics company engaged primarily in refining, midstream transportation, marketing and chemicals. The company processes crude oil into transportation fuels, lubricants and other petroleum products, operates pipeline and storage infrastructure, and participates in petrochemical production through strategic investments. Phillips 66 serves commercial, industrial and retail customers and positions its operations across the value chain of the downstream energy sector.

The company’s principal activities include refining crude oil into gasoline, diesel, jet fuel and feedstocks for petrochemical production; operating midstream assets such as pipelines, terminals and fractionators that move and store crude oil and natural gas liquids; and marketing and distributing fuels and lubricants through wholesale and retail channels.