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flag Trajan Wealth and Norinchukin Bank increased their stakes in energy giant Phillips 66.

flag Investment firm Trajan Wealth LLC increased its stake in Phillips 66 by 11.1% in the fourth quarter, now owning 39,120 shares. flag Phillips 66, an energy company operating globally, has a market cap of $40.29 billion and is expected to post 6.8 EPS for the year. flag The stock has a price-to-earnings ratio of 20.02. flag Additionally, Japan's Norinchukin Bank also raised its holdings in Phillips 66 during the same period.

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