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Teachers Retirement System of The State of Kentucky Trims Stock Position in Phillips 66 $PSX
The Teachers Retirement System of The State of Kentucky significantly reduced its stake in Phillips 66 (PSX) by 85.8% in the last quarter of 2026, selling 194,920 shares and retaining 32,301 shares valued at $4.168 million. Phillips 66 reported an earnings beat but missed revenue estimates, and announced a quarterly dividend of $1.27. Analyst ratings are mixed with a consensus “Hold” and an average target price of $181.33, despite recent price target increases.