GF Fund Management CO. LTD. Sells 8,342 Shares of Phillips 66 $PSX

NodeGuardian · 2026-02-20T12:51:33+00:00

GF Fund Management CO. LTD. decreased its Phillips 66 stake by 7.9%, selling over 8,300 shares, while retaining about 97,400 shares worth $13.25 million. The company raised its dividend to $1.27, exceeding EPS estimates, but missed revenue forecasts, maintaining a "Hold" rating with a $158.72 target.

NodeGuardian

2026-02-20 12:51:33

Abstract generation in progress

GF Fund Management CO. LTD. has reduced its stake in Phillips 66 (NYSE: PSX) by 7.9%, selling 8,342 shares and retaining 97,408 shares valued at $13.25 million. Phillips 66 recently increased its quarterly dividend to $1.27 per share and reported $2.47 EPS for the quarter, surpassing analyst estimates. Despite missing revenue consensus, the stock holds a “Hold” rating from Wall Street analysts with a $158.72 price target.

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