PHINIA Inc. (PHIN) - What Are Researchers Thinking About This Stock?

Key Points

• Analysts maintain a cautiously positive outlook: PHINIA has a consensus “Moderate Buy” rating, with an average 12-month price target of $83.50 versus the stock’s $57.70 opening price.
• Recent stock performance and earnings were mixed: Shares are below their 50-day and 200-day moving averages, while the company slightly missed quarterly EPS expectations despite beating revenue estimates.
• Institutional ownership is substantial, but insiders have been selling: Institutions and hedge funds own 90.94% of PHINIA, while insiders sold 55,270 shares worth approximately $3.7 million over the past 90 days. The company also pays a quarterly dividend of $0.30, yielding about 2.1% annually.

PHINIA Inc. (NYSE:PHIN - Get Free Report) has earned a consensus rating of "Moderate Buy" from the eight ratings firms that are presently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $83.50.

Several brokerages recently issued reports on PHIN. UBS Group reduced their price objective on PHINIA from $80.00 to $68.00 and set a "neutral" rating for the company in a report on Wednesday. Zacks Research upgraded PHINIA from a "strong sell" rating to a "hold" rating in a research report on Tuesday, September 29th. Weiss Ratings lowered PHINIA from a "buy (b)" rating to a "buy (b-)" rating in a report on Wednesday, September 16th. Wall Street Zen lowered PHINIA from a "buy" rating to a "hold" rating in a report on Saturday. Finally, Northland Securities set a $98.00 price target on PHINIA in a research report on Friday, July 31st.

Insider Transactions at PHINIA

In related news, SVP Robert Boyle sold 7,500 shares of the stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $62.12, for a total value of $465,900.00. Following the sale, the senior vice president directly owned 25,317 shares of the company's stock, valued at approximately $1,572,692.04. This represents a 22.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Matthew Logar sold 1,257 shares of the firm's stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $66.33, for a total transaction of $83,376.81. Following the transaction, the senior vice president owned 15,576 shares of the company's stock, valued at $1,033,156.08. This trade represents a 7.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 55,270 shares of company stock worth $3,698,592 in the last 90 days. Insiders own 2.20% of the company's stock.

Institutional Trading of PHINIA

Several large investors have recently modified their holdings of PHIN. Lodge Hill Capital LLC boosted its stake in shares of PHINIA by 450.8% during the first quarter. Lodge Hill Capital LLC now owns 2,381,150 shares of the company's stock valued at $162,966,000 after acquiring an additional 1,948,820 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in PHINIA by 1.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,336,499 shares of the company's stock valued at $159,901,000 after purchasing an additional 34,503 shares during the last quarter. Prevatt Capital Ltd raised its stake in PHINIA by 18.8% in the 1st quarter. Prevatt Capital Ltd now owns 380,000 shares of the company's stock valued at $26,007,000 after purchasing an additional 60,000 shares during the last quarter. Wellington Management Group LLP raised its stake in PHINIA by 1.5% in the 2nd quarter. Wellington Management Group LLP now owns 298,734 shares of the company's stock valued at $24,607,000 after purchasing an additional 4,274 shares during the last quarter. Finally, Amundi lifted its holdings in PHINIA by 4,268.6% in the 1st quarter. Amundi now owns 200,693 shares of the company's stock valued at $13,735,000 after purchasing an additional 196,099 shares in the last quarter. 90.94% of the stock is currently owned by institutional investors and hedge funds.

PHINIA Price Performance

PHIN stock opened at $57.70 on Monday. The firm has a 50 day moving average of $67.11 and a 200-day moving average of $73.12. PHINIA has a 12-month low of $50.79 and a 12-month high of $86.93. The company has a current ratio of 1.81, a quick ratio of 1.34 and a debt-to-equity ratio of 0.63. The company has a market cap of $2.11 billion, a price-to-earnings ratio of 16.53 and a beta of 1.19.

PHINIA (NYSE:PHIN - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.53 EPS for the quarter, missing the consensus estimate of $1.57 by ($0.04). The firm had revenue of $940.00 million for the quarter, compared to analysts' expectations of $918.83 million. PHINIA had a return on equity of 13.86% and a net margin of 3.73%. As a group, equities analysts expect that PHINIA will post 6.18 EPS for the current fiscal year.

PHINIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Friday, September 4th were given a $0.30 dividend. The ex-dividend date was Friday, September 4th. This represents a $1.20 annualized dividend and a dividend yield of 2.1%. PHINIA's payout ratio is currently 34.38%.

PHINIA Company Profile

PHINIA Inc NYSE: PHIN is a global automotive technology company that develops and manufactures fuel systems, electrical systems and electrification components for commercial vehicles, passenger vehicles and other mobility applications. The company serves original equipment manufacturers as well as the automotive aftermarket.

PHINIA's products include gasoline and diesel fuel-injection systems, fuel pumps and modules, injectors, ignition coils, glow plugs, alternators and starters. Its electrification portfolio includes components such as high-voltage systems, battery-related technologies and power-conversion products designed to support hybrid and electric vehicles.

The company also supplies replacement parts and service solutions through its aftermarket business, including products marketed under the Delphi brand.

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