Northland Securities Lowers Earnings Estimates for PHINIA

Key Points

• Northland Securities lowered PHINIA’s FY2026 EPS estimate to $6.10 from $6.25, below the current analyst consensus of $6.25.
• PHINIA recently beat quarterly EPS expectations, reporting $1.83 versus the $1.68 consensus, though revenue of $912 million fell short of estimates.
• Shares opened at $70.68, while analysts maintain a consensus “Moderate Buy” rating with a $90.67 target price; insiders have sold approximately $3.7 million of stock over the past 90 days.

PHINIA Inc. (NYSE:PHIN - Free Report) - Analysts at Northland Securities dropped their FY2026 earnings per share (EPS) estimates for PHINIA in a research note issued to investors on Monday, November 2nd. Northland Securities analyst B. Brooks now expects that the company will post earnings of $6.10 per share for the year, down from their previous forecast of $6.25. The consensus estimate for PHINIA's current full-year earnings is $6.25 per share. Northland Securities also issued estimates for PHINIA's Q4 2026 earnings at $1.45 EPS, Q1 2027 earnings at $1.62 EPS and Q2 2027 earnings at $2.20 EPS.

A number of other research analysts have also weighed in on the stock. Zacks Research raised shares of PHINIA from a "strong sell" rating to a "hold" rating in a research note on Tuesday, September 29th. Wall Street Zen cut shares of PHINIA from a "buy" rating to a "hold" rating in a report on Saturday, October 10th. Weiss Ratings downgraded shares of PHINIA from a "buy (b)" rating to a "buy (b-)" rating in a research report on Wednesday, September 16th. Finally, UBS Group upped their target price on shares of PHINIA from $68.00 to $69.00 and gave the stock a "neutral" rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, PHINIA presently has a consensus rating of "Moderate Buy" and a consensus target price of $90.67.

PHINIA Stock Performance

Shares of PHIN stock opened at $70.68 on Tuesday. The firm has a market capitalization of $2.59 billion, a PE ratio of 14.25 and a beta of 1.19. The firm has a fifty day simple moving average of $62.03 and a two-hundred day simple moving average of $71.33. The company has a current ratio of 1.81, a quick ratio of 1.34 and a debt-to-equity ratio of 0.63. PHINIA has a 12 month low of $51.38 and a 12 month high of $86.93.

PHINIA (NYSE:PHIN - Get Free Report) last issued its earnings results on Thursday, October 29th. The company reported $1.83 earnings per share for the quarter, topping analysts' consensus estimates of $1.68 by $0.15. PHINIA had a return on equity of 13.86% and a net margin of 3.73%. The company had revenue of $912.00 million for the quarter, compared to analyst estimates of $928.21 million.

PHINIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Friday, September 4th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Friday, September 4th. PHINIA's payout ratio is currently 24.19%.

Insider Transactions at PHINIA

In related news, SVP Robert Boyle sold 7,500 shares of the firm's stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $62.12, for a total transaction of $465,900.00. Following the transaction, the senior vice president directly owned 25,317 shares of the company's stock, valued at $1,572,692.04. This trade represents a 22.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Chris P. Gropp sold 13,500 shares of the firm's stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $66.71, for a total transaction of $900,585.00. Following the transaction, the chief financial officer directly owned 43,823 shares in the company, valued at $2,923,432.33. The trade was a 23.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 55,270 shares of company stock worth $3,698,592. 2.20% of the stock is owned by insiders.

Institutional Investors Weigh In On PHINIA

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Covestor Ltd increased its stake in shares of PHINIA by 724.3% during the 3rd quarter. Covestor Ltd now owns 1,459 shares of the company's stock worth $86,000 after purchasing an additional 1,282 shares during the last quarter. State of Wyoming boosted its stake in PHINIA by 95.8% in the 3rd quarter. State of Wyoming now owns 1,878 shares of the company's stock worth $112,000 after purchasing an additional 919 shares during the period. Signaturefd LLC grew its stake in PHINIA by 29.5% during the third quarter. Signaturefd LLC now owns 1,023 shares of the company's stock valued at $61,000 after acquiring an additional 233 shares in the last quarter. Fifth Third Wealth Advisors LLC bought a new stake in PHINIA during the 3rd quarter worth approximately $410,000. Finally, Sterling Capital Management LLC increased its holdings in PHINIA by 23.4% during the 3rd quarter. Sterling Capital Management LLC now owns 20,799 shares of the company's stock worth $1,236,000 after acquiring an additional 3,942 shares during the period. Hedge funds and other institutional investors own 90.94% of the company's stock.

PHINIA Company Profile

PHINIA Inc NYSE: PHIN is a global supplier of fuel systems, electrical systems and aftermarket products for automotive, commercial vehicle and industrial applications. The company develops technologies that support the performance, efficiency and emissions management of internal-combustion engines and other propulsion systems.

Its products include fuel injectors, fuel pumps and modules, fuel-system controls, ignition components, sensors, actuators and electronic control systems. PHINIA also supplies diesel fuel systems and related technologies for commercial vehicles and off-highway equipment, as well as replacement parts, service products and solutions through its aftermarket business.

PHINIA was established as an independent public company in 2023 after being spun off from BorgWarner.

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