Phillips 66 (PSX) is up 3.5% today. Here is some analysis on what might have caused this price movement. ([apnews.com](https://apnews.com/article/123ddc2d8ba06c324cbbd899f7eeebd2?utm_source=openai))
Analysis: The most likely driver is continued optimism around refining margins and earnings power, helped by a broader move into energy shares as oil prices stayed elevated. Recent analyst target increases also appear to be reinforcing bullish sentiment after Phillips 66 posted a strong second quarter in August. ([investor.phillips66.com](https://investor.phillips66.com/financial-information/news-releases/news-release-details/2026/Phillips-66-Delivers-Strong-Second-Quarter-Results-and-Operating-Performance/default.aspx?utm_source=openai))
Details:
Sources:
Phillips 66, AP News, Investing.com, Stock Analysis
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$PSX Insider Trading Activity
$PSX insiders have traded $PSX stock on the open market 16 times in the past 6 months. Of those trades, 2 have been purchases and 14 have been sales.
Here’s a breakdown of recent trading of $PSX stock by insiders over the last 6 months:
- VANESSA ALLEN SUTHERLAND (EVP, GC and Secretary) has made 0 purchases and 2 sales selling 4,086 shares for an estimated $7,435,346,883.
- RICHARD G HARBISON (EVP, Refining) sold 52,100 shares for an estimated $11,658,120
- BRIAN MANDELL (Executive Vice President) has made 0 purchases and 2 sales selling 33,300 shares for an estimated $7,156,266.
- KEVIN J MITCHELL (Exec. VP and CFO) has made 0 purchases and 2 sales selling 26,650 shares for an estimated $5,064,831.
- ANN M KLUPPEL (SVP and Controller) has made 0 purchases and 4 sales selling 7,834 shares for an estimated $1,651,235.
- LISA ANN DAVIS has made 0 purchases and 3 sales selling 1,515 shares for an estimated $314,712.
- KEVIN OMAR MEYERS has made 2 purchases buying 350 shares for an estimated $60,606 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$PSX Hedge Fund Activity
We have seen 949 institutional investors add shares of $PSX stock to their portfolio, and 976 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HARRIS ASSOCIATES L P removed 7,376,537 shares (-80.8%) from their portfolio in Q2 2026, for an estimated $1,247,003,579
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 4,088,240 shares (+inf%) to their portfolio in Q2 2026, for an estimated $691,116,972
- BLACKROCK, INC. added 2,088,264 shares (+6.5%) to their portfolio in Q2 2026, for an estimated $353,021,029
- JPMORGAN CHASE & CO added 1,934,094 shares (+inf%) to their portfolio in Q2 2026, for an estimated $326,958,590
- AMUNDI added 1,403,493 shares (+62.0%) to their portfolio in Q1 2026, for an estimated $255,688,354
- WELLS FARGO & COMPANY/MN removed 1,308,614 shares (-9.5%) from their portfolio in Q2 2026, for an estimated $221,221,196
- AQR CAPITAL MANAGEMENT LLC added 1,105,984 shares (+32.7%) to their portfolio in Q2 2026, for an estimated $186,966,595
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$PSX Congressional Stock Trading
Members of Congress have traded $PSX stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $PSX stock by members of Congress over the last 6 months:
- SENATOR ALAN ARMSTRONG sold up to $100,000 on 03/27.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$PSX Price Targets
Multiple analysts have issued price targets for $PSX recently. We have seen 12 analysts offer price targets for $PSX in the last 6 months, with a median target of $203.0.
Here are some recent targets:
- Theresa Chen from Barclays set a target price of $183.0 on 07/09/2026
- Lloyd Byrne from Jefferies set a target price of $207.0 on 07/09/2026
- Jason Gabelman from TD Cowen set a target price of $220.0 on 06/29/2026
- Erin Wright from Morgan Stanley set a target price of $196.0 on 06/12/2026
- Nitin Kumar from Mizuho set a target price of $212.0 on 05/27/2026
- Neil Mehta from Goldman Sachs set a target price of $207.0 on 05/20/2026
- Betty Zhang from Scotiabank set a target price of $151.0 on 04/22/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
