19,325 Shares in Phillips 66 $PSX Purchased by Tulsa Wealth Advisors INC

Posted by George Bondi on Jun 20th, 2026

Tulsa Wealth Advisors INC purchased a new stake in shares of Phillips 66 (NYSE:PSX – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 19,325 shares of the oil and gas company’s stock, valued at approximately $2,494,000.

Other institutional investors also recently modified their holdings of the company. Bank of Hawaii raised its stake in Phillips 66 by 5.7% in the fourth quarter. Bank of Hawaii now owns 5,574 shares of the oil and gas company’s stock valued at $719,000 after purchasing an additional 299 shares in the last quarter. CFO Capital Management LLC purchased a new position in Phillips 66 in the 4th quarter worth approximately $403,000. Wick Capital Partners LLC bought a new position in shares of Phillips 66 in the 4th quarter worth $289,000. MidFirst Bank bought a new position in shares of Phillips 66 in the 4th quarter worth $4,952,000. Finally, SG Trading Solutions LLC purchased a new stake in shares of Phillips 66 during the 4th quarter valued at $206,000. 76.93% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Kevin Omar Meyers purchased 175 shares of the firm’s stock in a transaction on Wednesday, May 6th. The shares were acquired at an average cost of $173.12 per share, with a total value of $30,296.00. Following the purchase, the director directly owned 16,799 shares of the company’s stock, valued at approximately $2,908,242.88. This trade represents a 1.05% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Kevin J. Mitchell sold 600 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $171.56, for a total value of $102,936.00. Following the completion of the sale, the chief financial officer owned 97,376 shares of the company’s stock, valued at $16,705,826.56. The trade was a 0.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 45,629 shares of company stock valued at $8,071,540 over the last 90 days. 0.40% of the stock is currently owned by company insiders.

Phillips 66 Price Performance

Shares of NYSE:PSX opened at $166.13 on Friday. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.63. The stock has a market cap of $66.61 billion, a PE ratio of 16.37, a PEG ratio of 0.24 and a beta of 0.68. The company’s fifty day moving average is $171.94 and its 200 day moving average is $158.93. Phillips 66 has a 52 week low of $118.00 and a 52 week high of $190.61.

Phillips 66 (NYSE:PSX – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The oil and gas company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.54) by $1.03. Phillips 66 had a net margin of 2.99% and a return on equity of 10.98%. The business had revenue of $32.54 billion during the quarter, compared to analyst estimates of $35.86 billion. During the same period in the prior year, the business posted ($0.90) earnings per share. The company’s revenue was up 6.9% on a year-over-year basis. Research analysts anticipate that Phillips 66 will post 18.22 earnings per share for the current year.

Phillips 66 Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 18th were paid a $1.27 dividend. This represents a $5.08 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend was Monday, May 18th. Phillips 66’s payout ratio is 50.05%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Jefferies Financial Group lifted their price objective on shares of Phillips 66 from $173.00 to $191.00 and gave the stock a “hold” rating in a report on Tuesday, May 26th. Piper Sandler raised their price target on Phillips 66 from $168.00 to $177.00 and gave the company a “neutral” rating in a research report on Wednesday, April 8th. Morgan Stanley lifted their price target on Phillips 66 from $180.00 to $196.00 and gave the stock an “overweight” rating in a research note on Friday, June 12th. Wall Street Zen upgraded Phillips 66 from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 13th. Finally, Guggenheim upgraded Phillips 66 to an “outperform” rating in a research report on Wednesday, May 27th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, Phillips 66 currently has an average rating of “Moderate Buy” and an average price target of $192.33.

Check Out Our Latest Analysis on Phillips 66

About Phillips 66

(Free Report)

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.