Fintel reports that on January 3, 2025, Wolfe Research upgraded their outlook for Phillips 66 (WBAG:PSXC) from Peer Perform to Outperform.
What is the Fund Sentiment?
There are 2,707 funds or institutions reporting positions in Phillips 66. This is an decrease of 39 owner(s) or 1.42% in the last quarter. Average portfolio weight of all funds dedicated to PSXC is 0.30%, an increase of 14.31%. Total shares owned by institutions decreased in the last three months by 2.87% to 346,132K shares.
What are Other Shareholders Doing?
Wells Fargo holds 16,153K shares representing 3.91% ownership of the company. In its prior filing, the firm reported owning 16,621K shares , representing a decrease of 2.89%. The firm decreased its portfolio allocation in PSXC by 71.82% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 13,266K shares representing 3.21% ownership of the company. In its prior filing, the firm reported owning 13,385K shares , representing a decrease of 0.90%. The firm decreased its portfolio allocation in PSXC by 13.32% over the last quarter.
XLE - The Energy Select Sector SPDR Fund holds 11,154K shares representing 2.70% ownership of the company. In its prior filing, the firm reported owning 11,736K shares , representing a decrease of 5.22%. The firm decreased its portfolio allocation in PSXC by 5.51% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 10,963K shares representing 2.65% ownership of the company. In its prior filing, the firm reported owning 10,881K shares , representing an increase of 0.75%. The firm decreased its portfolio allocation in PSXC by 13.66% over the last quarter.
Harris Associates L P holds 9,795K shares representing 2.37% ownership of the company. In its prior filing, the firm reported owning 8,447K shares , representing an increase of 13.76%. The firm decreased its portfolio allocation in PSXC by 18.22% over the last quarter.
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