Sanctuary Advisors LLC Decreases Stock Holdings in PHINIA Inc. $PHIN

Key Points

• Sanctuary Advisors cut its PHINIA position by 45.2% in Q4, selling 13,481 shares and leaving 16,313 shares valued at $1.02M, while institutional investors own about 90.94% of the stock.
• PHINIA beat expectations for the quarter with EPS of $1.29 versus $1.13 estimated and revenue of $878M versus $838.7M, a 10.3% year‑over‑year sales increase.
• The stock carries a consensus "Hold" rating with an average price target of $68.80, even as PHIN trades around $76 and has a market cap of $2.82 billion (P/E ~21.3).

Sanctuary Advisors LLC reduced its position in shares of PHINIA Inc. (NYSE:PHIN - Free Report) by 45.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,313 shares of the company's stock after selling 13,481 shares during the period. Sanctuary Advisors LLC's holdings in PHINIA were worth $1,023,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of PHIN. Vanguard Group Inc. lifted its holdings in PHINIA by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 4,510,133 shares of the company's stock worth $282,740,000 after buying an additional 44,599 shares during the period. Fractal Investments LLC increased its stake in shares of PHINIA by 12.9% during the fourth quarter. Fractal Investments LLC now owns 14,900 shares of the company's stock valued at $934,000 after buying an additional 1,700 shares during the period. Old North State Wealth Management LLC raised its holdings in shares of PHINIA by 2.5% during the fourth quarter. Old North State Wealth Management LLC now owns 10,253 shares of the company's stock valued at $643,000 after acquiring an additional 250 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of PHINIA by 26.8% during the fourth quarter. SG Americas Securities LLC now owns 17,717 shares of the company's stock valued at $1,111,000 after acquiring an additional 3,749 shares in the last quarter. Finally, CWA Asset Management Group LLC lifted its stake in PHINIA by 2.5% in the fourth quarter. CWA Asset Management Group LLC now owns 40,008 shares of the company's stock worth $2,508,000 after acquiring an additional 977 shares during the period. Hedge funds and other institutional investors own 90.94% of the company's stock.

Analyst Upgrades and Downgrades

PHIN has been the topic of a number of research analyst reports. UBS Group reissued a "neutral" rating and set a $76.00 price objective on shares of PHINIA in a research report on Friday, February 13th. Northland Securities set a $93.00 target price on shares of PHINIA in a research note on Friday, February 13th. Zacks Research cut shares of PHINIA from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 14th. Freedom Capital downgraded shares of PHINIA from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 26th. Finally, Wall Street Zen upgraded shares of PHINIA from a "buy" rating to a "strong-buy" rating in a report on Saturday. Three research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $68.80.

PHINIA Price Performance

PHIN opened at $76.10 on Wednesday. The company has a current ratio of 1.82, a quick ratio of 1.32 and a debt-to-equity ratio of 0.62. The company has a market cap of $2.82 billion, a price-to-earnings ratio of 21.26 and a beta of 1.16. The stock has a fifty day simple moving average of $69.97 and a two-hundred day simple moving average of $64.61. PHINIA Inc. has a 12-month low of $40.36 and a 12-month high of $81.11.

PHINIA (NYSE:PHIN - Get Free Report) last released its earnings results on Thursday, April 30th. The company reported $1.29 earnings per share for the quarter, topping analysts' consensus estimates of $1.13 by $0.16. PHINIA had a net margin of 3.96% and a return on equity of 13.23%. The firm had revenue of $878.00 million for the quarter, compared to the consensus estimate of $838.67 million. During the same period in the prior year, the firm earned $0.94 EPS. The company's revenue was up 10.3% compared to the same quarter last year. Research analysts predict that PHINIA Inc. will post 6.36 earnings per share for the current fiscal year.

Insider Transactions at PHINIA

In other news, VP Neil Fryer sold 624 shares of PHINIA stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $72.75, for a total transaction of $45,396.00. Following the completion of the transaction, the vice president directly owned 18,180 shares in the company, valued at approximately $1,322,595. This trade represents a 3.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Christopher Gustanski sold 3,812 shares of the company's stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $72.73, for a total value of $277,246.76. Following the completion of the sale, the vice president owned 14,871 shares in the company, valued at $1,081,567.83. The trade was a 20.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.20% of the stock is currently owned by corporate insiders.

PHINIA Profile

PHINIA Inc engages in the development, design, and manufacture of integrated components and systems that optimize performance, increase efficiency, and reduce emissions in combustion and hybrid propulsion for commercial and light vehicles, and industrial applications. The company operates through Fuel Systems and Aftermarket segments. The Fuel Systems segment provides advanced fuel injection systems, including pumps, injectors, fuel rail assemblies, and engine control modules; fuel delivery modules; canisters; sensors; and electronic control modules.

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