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Advisors Capital Management LLC Acquires 6,164 Shares of Phillips 66 $PSX
Advisors Capital Management LLC has increased its stake in Phillips 66 by 9.1%, purchasing an additional 6,164 shares, bringing their total holdings to 73,851 shares valued at approximately $9.53 million. Phillips 66 recently declared a quarterly dividend of $1.27 per share, while analysts maintain a consensus “Hold” rating with a target price of $181.33. Other major institutional investors have also adjusted their positions in the company, and insider trading activity includes both share purchases and sales.