NYSE:PHIN - Get Free Report ) VP Sebastian Dori sold 409 shares of the stock in a transaction on Thursday, May 2nd. The shares were sold at an average price of $41.00, for a total value of $16,769.00. Following the completion of the transaction, the vice president now owns 20,162 shares in the company, valued at $826,642. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink .
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PHINIA Stock Up 3.0 % Shares of NYSE:PHIN traded up $1.24 during midday trading on Monday, hitting $42.32. The company had a trading volume of 815,262 shares, compared to its average volume of 662,820. PHINIA Inc. has a 12 month low of $23.46 and a 12 month high of $42.81. The company has a quick ratio of 1.27, a current ratio of 1.71 and a debt-to-equity ratio of 0.38. The firm has a fifty day simple moving average of $37.56 and a 200 day simple moving average of $31.64.
PHINIA (NYSE:PHIN - Get Free Report ) last posted its quarterly earnings results on Thursday, April 25th. The company reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.34. PHINIA had a return on equity of 7.52% and a net margin of 3.06%. The business had revenue of $863.00 million for the quarter, compared to analyst estimates of $800.00 million. PHINIA's quarterly revenue was up 3.4% compared to the same quarter last year. As a group, equities research analysts expect that PHINIA Inc. will post 4.05 earnings per share for the current year.
Analyst Upgrades and Downgrades Separately, Morgan Stanley initiated coverage on PHINIA in a research report on Monday, March 11th. They issued an "overweight" rating and a $50.00 price objective on the stock.
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Institutional Inflows and Outflows Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Long Road Investment Counsel LLC lifted its holdings in PHINIA by 4.3% during the fourth quarter. Long Road Investment Counsel LLC now owns 9,806 shares of the company's stock worth $297,000 after acquiring an additional 400 shares in the last quarter. Texas Permanent School Fund Corp lifted its holdings in PHINIA by 1.3% during the first quarter. Texas Permanent School Fund Corp now owns 40,858 shares of the company's stock worth $1,570,000 after acquiring an additional 534 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in PHINIA by 816.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 990 shares of the company's stock worth $30,000 after acquiring an additional 882 shares in the last quarter. Fidelis Capital Partners LLC bought a new position in PHINIA during the first quarter worth about $37,000. Finally, Oakworth Capital Inc. bought a new position in PHINIA during the third quarter worth about $27,000. 90.94% of the stock is currently owned by institutional investors.
PHINIA Company Profile (
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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.
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