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flag Wealthfront Advisers increased Phillips 66 stock holdings despite the company's recent earnings miss.

flag Wealthfront Advisers LLC increased its Phillips 66 stock holdings by 89,902 shares, now owning 141,859 shares worth $16.16 million. flag Phillips 66, an energy manufacturing and logistics firm, saw its stock rise 48.4% in the reporting period. flag Meanwhile, other institutional investors like Smart Portfolios LLC and NBT Bank N A NY reduced their holdings. flag Phillips 66 reported a Q4 earnings miss, with earnings per share of ($0.15), falling short of analysts' expectations. flag The company has a market cap of $50.42 billion and a P/E ratio of 25.03.

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