Northland Securities Has Positive View of PHINIA Q1 Earnings

PHINIA Inc. (NYSE:PHIN) – Investment analysts at Northland Securities lifted their Q1 2027 earnings estimates for PHINIA in a report issued on Friday, July 31st. Northland Securities analyst B. Brooks now forecasts that the company will post earnings of $1.52 per share for the quarter, up from their previous estimate of $1.50. The consensus estimate for PHINIA’s current full-year earnings is $6.24 per share.

PHINIA (NYSE:PHIN) last posted its earnings results on Thursday, July 30th. The company reported $1.53 earnings per share 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 business had revenue of $940.00 million during the quarter, compared to the consensus estimate of $918.83 million.

Several other analysts have also weighed in on PHIN. KeyCorp assumed coverage on PHINIA in a report on Friday, June 12th. They set an “overweight” rating and a $105.00 price target on the stock. Zacks Research lowered shares of PHINIA from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 30th. Wall Street Zen cut shares of PHINIA from a “strong-buy” rating to a “buy” rating in a research report on Saturday. UBS Group reduced their target price on shares of PHINIA from $81.00 to $80.00 and set a “neutral” rating on the stock in a research note on Friday. Finally, Weiss Ratings upgraded shares of PHINIA from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $76.33.

PHINIA Trading Up 6.3%

Shares of NYSE PHIN opened at $78.21 on Monday. PHINIA has a 1-year low of $49.34 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. The business’s 50 day moving average is $79.52 and its two-hundred day moving average is $74.41. The stock has a market capitalization of $2.87 billion, a P/E ratio of 22.41 and a beta of 1.17.

Institutional Investors Weigh In On PHINIA

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of PHINIA by 1.0% during the fourth 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 period. Lodge Hill Capital LLC lifted its stake in PHINIA by 450.8% in the first quarter. Lodge Hill Capital LLC now owns 2,381,150 shares of the company’s stock worth $162,966,000 after acquiring an additional 1,948,820 shares during the period. Dimensional Fund Advisors LP grew its holdings 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 acquiring an additional 34,503 shares in the last quarter. Voss Capital LP grew its holdings in PHINIA by 2.8% during 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 in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in PHINIA by 6.4% during 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 in the last quarter. 90.94% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

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

PHINIA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Tuesday, June 9th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Tuesday, June 9th. PHINIA’s dividend payout ratio is currently 34.38%.

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.