Nations Financial Group Inc. IA ADV Sells 4,892 Shares of Phillips 66 $PSX

Posted by Brian Himes on Jun 21st, 2026

Nations Financial Group Inc. IA ADV trimmed its position in shares of Phillips 66 (NYSE:PSX – Free Report) by 15.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 27,738 shares of the oil and gas company’s stock after selling 4,892 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Phillips 66 were worth $5,053,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Board of the Pension Protection Fund bought a new position in shares of Phillips 66 in the fourth quarter worth approximately $26,000. Accordant Advisory Group Inc increased its position in shares of Phillips 66 by 900.0% during the fourth quarter. Accordant Advisory Group Inc now owns 200 shares of the oil and gas company’s stock valued at $26,000 after acquiring an additional 180 shares in the last quarter. Eagle Bay Advisors LLC bought a new stake in shares of Phillips 66 during the fourth quarter valued at approximately $27,000. SWAN Capital LLC raised its holdings in Phillips 66 by 1,055.6% in the 4th quarter. SWAN Capital LLC now owns 208 shares of the oil and gas company’s stock worth $27,000 after acquiring an additional 190 shares during the last quarter. Finally, Stephens Consulting LLC raised its holdings in Phillips 66 by 67.7% in the 4th quarter. Stephens Consulting LLC now owns 223 shares of the oil and gas company’s stock worth $29,000 after acquiring an additional 90 shares during the last quarter. 76.93% of the stock is currently owned by institutional investors.

Phillips 66 Trading Down 0.0%

Shares of PSX stock opened at $166.13 on Friday. Phillips 66 has a 12-month low of $118.00 and a 12-month high of $190.61. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.63. The firm’s 50 day moving average is $171.94 and its 200 day moving average is $158.93. The stock has a market capitalization of $66.61 billion, a P/E ratio of 16.37, a P/E/G ratio of 0.24 and a beta of 0.68.

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

Phillips 66 Announces Dividend

The company also recently declared 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 was Monday, May 18th. Phillips 66’s dividend payout ratio (DPR) is 50.05%.

Analyst Ratings Changes

Several brokerages have commented on PSX. Jefferies Financial Group increased their target price on Phillips 66 from $173.00 to $191.00 and gave the company a “hold” rating in a research note on Tuesday, May 26th. JPMorgan Chase & Co. boosted their price target on Phillips 66 from $188.00 to $202.00 in a research note on Thursday, April 30th. Wall Street Zen raised Phillips 66 from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 13th. Wolfe Research upped their price target on Phillips 66 from $187.00 to $193.00 and gave the company an “outperform” rating in a report on Monday, April 6th. Finally, Mizuho raised Phillips 66 from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $170.00 to $212.00 in a research report on Wednesday, May 27th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $192.33.

View Our Latest Report on Phillips 66

Insider Buying and Selling at Phillips 66

In other Phillips 66 news, CFO Kevin J. Mitchell sold 600 shares of the stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $171.56, for a total value of $102,936.00. Following the transaction, the chief financial officer owned 97,376 shares of the company’s stock, valued at approximately $16,705,826.56. This represents a 0.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kevin Omar Meyers bought 175 shares of the company’s stock in a transaction on Wednesday, May 6th. The stock was purchased at an average cost of $173.12 per share, for a total transaction of $30,296.00. Following the completion of the transaction, the director directly owned 16,799 shares of the company’s stock, valued at approximately $2,908,242.88. The trade was a 1.05% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold 45,629 shares of company stock valued at $8,071,540 in the last ninety days. 0.40% of the stock is currently owned by corporate insiders.

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.