1,739 Shares in PHINIA Inc. $PHIN Purchased by Traub Capital Management LLC

Traub Capital Management LLC acquired a new position in shares of PHINIA Inc. (NYSE:PHIN) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,739 shares of the company’s stock, valued at approximately $77,000.

Other large investors have also modified their holdings of the company. LSV Asset Management boosted its stake in PHINIA by 19.4% during the second quarter. LSV Asset Management now owns 1,199,218 shares of the company’s stock worth $53,353,000 after buying an additional 194,627 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH increased its stake in PHINIA by 28.4% in the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 69,194 shares of the company’s stock valued at $3,078,000 after acquiring an additional 15,300 shares during the period. SG Americas Securities LLC raised its position in PHINIA by 14.1% in the second quarter. SG Americas Securities LLC now owns 9,598 shares of the company’s stock worth $427,000 after purchasing an additional 1,183 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in PHINIA by 4.6% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 10,220 shares of the company’s stock worth $455,000 after purchasing an additional 453 shares in the last quarter. Finally, AdvisorShares Investments LLC lifted its stake in PHINIA by 11.9% during the second quarter. AdvisorShares Investments LLC now owns 10,573 shares of the company’s stock worth $470,000 after purchasing an additional 1,123 shares during the period. 90.94% of the stock is currently owned by institutional investors and hedge funds.

PHINIA Stock Up 0.7%

NYSE PHIN opened at $52.91 on Thursday. The stock has a market capitalization of $2.03 billion, a P/E ratio of 23.83, a price-to-earnings-growth ratio of 0.49 and a beta of 1.45. PHINIA Inc. has a 52 week low of $36.25 and a 52 week high of $59.88. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.25 and a current ratio of 1.72. The stock has a fifty day moving average of $54.91 and a 200-day moving average of $50.78.

PHINIA (NYSE:PHIN) last posted its quarterly earnings results on Tuesday, October 28th. The company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.42. The business had revenue of $908.00 million for the quarter, compared to analysts’ expectations of $861.57 million. PHINIA had a return on equity of 11.64% and a net margin of 2.63%.The firm’s quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter last year, the business earned $1.17 earnings per share. PHINIA has set its FY 2025 guidance at EPS. On average, equities research analysts forecast that PHINIA Inc. will post 4.21 EPS for the current year.

PHINIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Shareholders of record on Monday, November 24th will be paid a $0.27 dividend. The ex-dividend date of this dividend is Monday, November 24th. This represents a $1.08 dividend on an annualized basis and a yield of 2.0%. PHINIA’s dividend payout ratio (DPR) is presently 48.65%.

Insider Buying and Selling

In other PHINIA news, VP Samantha Pombier sold 1,940 shares of the company’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $54.14, for a total transaction of $105,031.60. Following the completion of the sale, the vice president owned 8,869 shares in the company, valued at approximately $480,167.66. The trade was a 17.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.00% of the company’s stock.

Wall Street Analyst Weigh In

PHIN has been the topic of a number of analyst reports. BNP Paribas upgraded PHINIA from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. Citigroup reaffirmed a “neutral” rating on shares of PHINIA in a report on Tuesday, October 14th. UBS Group cut their price target on shares of PHINIA from $62.00 to $59.00 and set a “neutral” rating for the company in a report on Wednesday, October 29th. BNP Paribas Exane raised shares of PHINIA from a “neutral” rating to an “outperform” rating and set a $63.00 price objective on the stock in a research note on Monday, November 3rd. Finally, Morgan Stanley raised their price objective on shares of PHINIA from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 12th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, PHINIA currently has an average rating of “Moderate Buy” and a consensus price target of $56.43.

PHINIA Company Profile

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.