Phillips 66 stock is trading -6.16% below its average target price of $136.97 after marking a 3.9% during today's morning session. Analysts are giving the Large-Cap Oil & Gas Integrated company an average rating of buy and target prices ranging from $115.0 to $162.0 per share.
Phillips 66's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.6%. The stock's short ratio is 2.05. The company's insiders own 0.4% 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 75.0%. In conclusion, we believe there is mixed market sentiment regarding Phillips 66.
Institutions Invested in Phillips 66
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Vanguard Group Inc | 10% | 40,728,398 | $5,235,228,005 |
| 2024-12-31 | Blackrock Inc. | 7% | 30,528,106 | $3,924,082,540 |
| 2024-09-30 | State Street Corporation | 7% | 27,849,686 | $3,579,798,451 |
| 2024-09-30 | Wells Fargo & Company | 4% | 16,153,480 | $2,076,368,210 |
| 2024-09-30 | Harris Associates L.P. | 2% | 9,794,562 | $1,258,992,933 |
| 2024-12-31 | Bank Of New York Mellon Corporation | 2% | 9,344,342 | $1,201,121,657 |
| 2024-09-30 | Geode Capital Management, LLC | 2% | 8,447,484 | $1,085,839,536 |
| 2024-09-30 | Barclays Plc | 2% | 6,993,604 | $898,957,811 |
| 2024-09-30 | Morgan Stanley | 2% | 6,790,618 | $872,865,992 |
| 2024-09-30 | Bank of America Corporation | 1% | 5,083,631 | $653,449,894 |
