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

Zacks Research lowered shares of PHINIA (NYSE:PHIN) from a hold rating to a strong sell rating in a research report released on Monday,Zacks.com reports.

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

PHINIA Stock Up 2.2%

Shares of NYSE:PHIN opened at $79.75 on Monday. The firm has a 50 day simple moving average of $79.58 and a 200-day simple moving average of $74.48. PHINIA has a twelve month low of $49.43 and a twelve month high of $86.93. 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 company has a market capitalization of $2.92 billion, a PE ratio of 22.85 and a beta of 1.17.

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 net margin of 3.73% and a return on equity of 13.86%. The company had revenue of $940.00 million during the quarter, compared to analysts’ expectations of $918.83 million. On average, equities analysts predict that PHINIA will post 6.18 EPS for the current fiscal year.

PHINIA Dividend Announcement

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

Insiders Place Their Bets

In other PHINIA news, VP Michael Coetzee sold 1,250 shares of PHINIA stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $80.61, for a total value of $100,762.50. Following the transaction, the vice president directly owned 27,009 shares in the company, valued at approximately $2,177,195.49. The trade was a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Samantha Pombier sold 2,227 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $82.36, for a total transaction of $183,415.72. Following the completion of 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. Additional details regarding this sale are available in the official SEC disclosure. 2.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On PHINIA

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Larson Financial Group LLC raised its stake in PHINIA by 151.5% during the 4th quarter. Larson Financial Group LLC now owns 425 shares of the company’s stock valued at $27,000 after acquiring an additional 256 shares during the last quarter. Federation des caisses Desjardins du Quebec lifted its position in PHINIA by 2,500.0% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 780 shares of the company’s stock worth $49,000 after acquiring an additional 750 shares during the period. State of Wyoming purchased a new position in shares of PHINIA in the 2nd quarter valued at approximately $60,000. Hantz Financial Services Inc. grew its stake in shares of PHINIA by 76.7% in the 4th quarter. Hantz Financial Services Inc. now owns 979 shares of the company’s stock valued at $61,000 after purchasing an additional 425 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of PHINIA by 49.7% in the first quarter. EverSource Wealth Advisors LLC now owns 1,132 shares of the company’s stock valued at $77,000 after purchasing an additional 376 shares during the period. Hedge funds and other institutional investors own 90.94% of the company’s stock.

PHINIA News Roundup

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.