PHINIA (NYSE:PHIN) Lowered to “Strong Sell” Rating by Zacks Research

PHINIA (NYSE:PHIN) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Monday,Zacks.com reports.

A number of other research analysts also recently issued reports on PHIN. Northland Securities set a $98.00 price target on PHINIA in a research note on Friday. Weiss Ratings upgraded PHINIA from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 21st. Wall Street Zen downgraded PHINIA from a “strong-buy” rating to a “buy” rating in a report on Saturday. KeyCorp began coverage on shares of PHINIA in a research report on Friday, June 12th. They set an “overweight” rating and a $105.00 target price on the stock. Finally, UBS Group cut their target price on shares of PHINIA from $81.00 to $80.00 and set a “neutral” rating on the stock in a report on Friday. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $76.33.

PHINIA Stock Performance

NYSE PHIN opened at $79.75 on Monday. The company has a fifty day moving average of $79.58 and a two-hundred day moving average of $74.48. The company has a market capitalization of $2.92 billion, a PE ratio of 22.85 and a beta of 1.17. PHINIA has a 1 year low of $49.43 and a 1 year high of $86.93. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.81 and a quick ratio of 1.34.

PHINIA (NYSE:PHIN) last posted its earnings results on Thursday, July 30th. The company reported $1.53 EPS for the quarter, missing analysts’ consensus estimates of $1.57 by ($0.04). PHINIA had a return on equity of 13.86% and a net margin of 3.73%.The firm had revenue of $940.00 million for the quarter, compared to analyst estimates of $918.83 million. As a group, analysts expect that PHINIA will post 6.18 earnings per share for the current year.

Insider Activity

In other PHINIA news, VP Michael Coetzee sold 1,250 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $80.61, for a total transaction of $100,762.50. Following the completion of the sale, the vice president directly owned 27,009 shares of the company’s stock, valued at approximately $2,177,195.49. This trade represents a 4.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Samantha Pombier sold 2,227 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $82.36, for a total value of $183,415.72. Following the sale, the vice president directly owned 6,637 shares of the company’s stock, valued at $546,623.32. The trade was a 25.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On PHINIA

Several large investors have recently modified their holdings of PHIN. Vanguard Group Inc. grew its position in PHINIA by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 4,510,133 shares of the company’s stock valued at $282,740,000 after buying an additional 44,599 shares during the last quarter. Lodge Hill Capital LLC raised its position in PHINIA by 450.8% during the 1st quarter. Lodge Hill Capital LLC now owns 2,381,150 shares of the company’s stock worth $162,966,000 after buying an additional 1,948,820 shares during the last quarter. Dimensional Fund Advisors LP raised its position in PHINIA by 1.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,336,499 shares of the company’s stock worth $159,901,000 after buying an additional 34,503 shares during the last quarter. Voss Capital LP lifted its stake in shares of PHINIA by 2.8% in the 4th quarter. Voss Capital LP now owns 1,727,468 shares of the company’s stock worth $108,295,000 after acquiring an additional 47,468 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of PHINIA by 6.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 977,177 shares of the company’s stock worth $41,462,000 after acquiring an additional 58,875 shares during the period. Hedge funds and other institutional investors own 90.94% of the company’s stock.

Key Headlines Impacting PHINIA

Here are the key news stories impacting PHINIA this week:

• Positive Sentiment: PHINIA’s second-quarter revenue exceeded expectations, supporting the view that demand and business growth remain solid despite profitability pressure. An analysis highlighted the factors driving the company’s growth. PHINIA Beats Expectations: What’s Driving the Growth?
• Neutral Sentiment: Northland Securities raised its estimate for second-quarter 2027 EPS to $2.07 from $1.81, suggesting it expects improved earnings in that period. However, the firm maintained a generally cautious outlook for other periods.
• Negative Sentiment: PHINIA’s second-quarter earnings missed estimates, despite higher sales. Increased employee costs and an unfavorable product mix weighed on margins and caused EPS to come in below expectations. PHINIA Q2 Earnings Miss Estimates on Higher Employee Costs
• Negative Sentiment: Northland Securities lowered its PHINIA EPS forecasts for Q3 2026 to $1.74 from $1.78, Q4 2026 to $1.69 from $1.73, and full-year 2026 to $6.25 from $6.36. It also cut its Q4 2027 estimate to $1.61 from $1.78 and full-year 2027 to $7.21 from $7.28. These revisions indicate concern that cost pressures and product mix may persist.

About PHINIA

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.