Fintel reports that on April 24, 2026, Morgan Stanley upgraded their outlook for Phillips 66 (BMV:PSX) from Equal-Weight to Overweight.

What is the Fund Sentiment?

There are 1,947 funds or institutions reporting positions in Phillips 66. This is an decrease of 205 owner(s) or 9.53% in the last quarter. Average portfolio weight of all funds dedicated to PSX is 0.28%, an increase of 23.31%. Total shares owned by institutions increased in the last three months by 0.15% to 332,760K shares.

What are Other Shareholders Doing?

Elliott Investment Management holds 19,251K shares representing 4.41% ownership of the company. No change in the last quarter.

Wells Fargo holds 14,153K shares representing 3.24% ownership of the company. In its prior filing, the firm reported owning 15,104K shares , representing a decrease of 6.72%. The firm decreased its portfolio allocation in PSX by 14.84% over the last quarter.

Harris Associates L P holds 13,978K shares representing 3.20% ownership of the company. In its prior filing, the firm reported owning 13,640K shares , representing an increase of 2.42%. The firm decreased its portfolio allocation in PSX by 25.13% over the last quarter.

Geode Capital Management holds 10,414K shares representing 2.38% ownership of the company. In its prior filing, the firm reported owning 10,368K shares , representing an increase of 0.44%. The firm decreased its portfolio allocation in PSX by 7.80% over the last quarter.

Bank of New York Mellon holds 7,104K shares representing 1.63% ownership of the company. In its prior filing, the firm reported owning 8,514K shares , representing a decrease of 19.86%. The firm decreased its portfolio allocation in PSX by 22.28% over the last quarter.