Northland Securities Lowers Earnings Estimates for PHINIA

PHINIA Inc. (NYSE:PHIN) – Equities researchers at Northland Securities dropped their FY2026 earnings per share (EPS) estimates for PHINIA in a research report issued 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.

Several other research analysts have also recently weighed in on the stock. Zacks Research upgraded shares of PHINIA from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 29th. Weiss Ratings lowered shares of PHINIA from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, September 16th. Wall Street Zen lowered shares of PHINIA from a “buy” rating to a “hold” rating in a research report on Saturday, October 10th. Finally, UBS Group boosted their price target on shares of PHINIA from $68.00 to $69.00 and gave the stock a “neutral” rating in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company. 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 opened at $70.68 on Tuesday. The company has a market cap of $2.59 billion, a PE ratio of 14.25 and a beta of 1.19. 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 stock has a 50-day moving average price of $62.03 and a 200-day moving average price of $71.33. PHINIA has a 12-month low of $51.38 and a 12-month high of $86.93.

PHINIA (NYSE:PHIN) last announced 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 business had revenue of $912.00 million for the quarter, compared to analyst estimates of $928.21 million.

Institutional Investors Weigh In On PHINIA

Hedge funds have recently made changes to their positions in the business. Baron Wealth Management LLC boosted its stake in shares of PHINIA by 3.7% in the 2nd quarter. Baron Wealth Management LLC now owns 4,542 shares of the company’s stock valued at $374,000 after purchasing an additional 160 shares in the last quarter. Signaturefd LLC raised its position in PHINIA by 29.5% in the 3rd quarter. Signaturefd LLC now owns 1,023 shares of the company’s stock worth $61,000 after purchasing an additional 233 shares during the period. Teachers Retirement System of The State of Kentucky raised its position in PHINIA by 3.8% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 9,640 shares of the company’s stock worth $659,000 after purchasing an additional 350 shares during the period. Nisa Investment Advisors LLC raised its position in PHINIA by 2.1% in the 3rd quarter. Nisa Investment Advisors LLC now owns 18,143 shares of the company’s stock worth $1,078,000 after purchasing an additional 370 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in PHINIA by 49.7% in the first quarter. EverSource Wealth Advisors LLC now owns 1,132 shares of the company’s stock worth $77,000 after purchasing an additional 376 shares during the last quarter. 90.94% of the stock is currently owned by institutional investors.

Insider Transactions at PHINIA

In other news, VP Todd Anderson sold 3,056 shares of the stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $66.41, for a total transaction of $202,948.96. Following the transaction, the vice president directly owned 26,736 shares in the company, valued at approximately $1,775,537.76. This represents a 10.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 value of $465,900.00. Following the transaction, the senior vice president directly owned 25,317 shares in the company, valued at approximately $1,572,692.04. This represents a 22.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 55,270 shares of company stock worth $3,698,592. Company insiders own 2.20% of the company’s stock.

PHINIA Dividend Announcement

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

About PHINIA

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.