B of A Securities Downgrades Phillips 66 (BIT:1PSX)
Fintel reports that on September 3, 2025, B of A Securities downgraded their outlook for Phillips 66 (BIT:1PSX) from Buy to Neutral.
Analyst Price Forecast Suggests 4.53% Upside
As of August 22, 2025, the average one-year price target for Phillips 66 is €119.15/share. The forecasts range from a low of €108.24 to a high of €142.23. The average price target represents an increase of 4.53% from its latest reported closing price of €113.98 / share.
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The projected annual revenue for Phillips 66 is 135,900MM, an increase of 2.21%. The projected annual non-GAAP EPS is 13.19.
What is the Fund Sentiment?
There are 2,655 funds or institutions reporting positions in Phillips 66. This is an decrease of 29 owner(s) or 1.08% in the last quarter. Average portfolio weight of all funds dedicated to 1PSX is 0.27%, an increase of 3.75%. Total shares owned by institutions increased in the last three months by 3.93% to 363,749K shares.
What are Other Shareholders Doing?

Elliott Investment Management holds 19,251K shares representing 4.76% ownership of the company. In its prior filing, the firm reported owning 15,725K shares , representing an increase of 18.32%. The firm increased its portfolio allocation in 1PSX by 1.89% over the last quarter.
Wells Fargo holds 15,624K shares representing 3.87% ownership of the company. In its prior filing, the firm reported owning 15,954K shares , representing a decrease of 2.11%. The firm decreased its portfolio allocation in 1PSX by 71.63% over the last quarter.
Harris Associates L P holds 13,449K shares representing 3.33% ownership of the company. In its prior filing, the firm reported owning 13,835K shares , representing a decrease of 2.87%. The firm decreased its portfolio allocation in 1PSX by 11.47% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 13,098K shares representing 3.24% ownership of the company. In its prior filing, the firm reported owning 12,889K shares , representing an increase of 1.59%. The firm decreased its portfolio allocation in 1PSX by 12.41% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 11,564K shares representing 2.86% ownership of the company. In its prior filing, the firm reported owning 11,475K shares , representing an increase of 0.77%. The firm decreased its portfolio allocation in 1PSX by 13.50% over the last quarter.