Phillips 66 stock is trading -9.13% below its average target price of $123.21 after marking a 1.4% during today's afternoon session. Analysts are giving the large-cap Oil & Gas Integrated company an average rating of buy and target prices ranging from $109.0 to $132.0 per share.
Phillips 66's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.7%. The stock's short ratio is 3.46. The company's insiders own 0.5% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 72.9%. In conclusion, we believe there is mixed market sentiment regarding Phillips 66.
Institutions Invested in Phillips 66
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-03-31 | Vanguard Group Inc | 9% | 42,302,632 | $4,735,991,243 |
| 2023-03-31 | Blackrock Inc. | 8% | 37,428,804 | $4,190,341,820 |
| 2023-03-31 | State Street Corporation | 7% | 32,353,890 | $3,622,179,814 |
| 2023-03-31 | Wells Fargo & Company | 4% | 17,023,956 | $1,905,917,025 |
| 2023-03-31 | Geode Capital Management, LLC | 2% | 9,711,084 | $1,087,204,427 |
| 2023-03-31 | Wellington Management Group, LLP | 2% | 8,623,978 | $965,497,472 |
| 2023-03-31 | FMR, LLC | 2% | 8,066,680 | $903,105,174 |
| 2023-03-31 | Aristotle Capital Management, LLC | 2% | 7,922,878 | $887,005,820 |
| 2023-06-30 | Barclays Plc | 2% | 7,451,470 | $834,229,337 |
| 2023-03-31 | Bank of America Corporation | 1% | 6,859,397 | $767,943,803 |
