First Trust Advisors LP Increases Stock Position in PHINIA Inc. $PHIN

First Trust Advisors LP raised its stake in shares of PHINIA Inc. (NYSE:PHIN) by 90.4% in the 1st quarter, Holdings Channel reports. The firm owned 105,679 shares of the company’s stock after acquiring an additional 50,189 shares during the period. First Trust Advisors LP’s holdings in PHINIA were worth $7,233,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in PHIN. Meeder Asset Management Inc. lifted its position in shares of PHINIA by 11.1% in the first quarter. Meeder Asset Management Inc. now owns 35,721 shares of the company’s stock worth $2,445,000 after buying an additional 3,581 shares in the last quarter. 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 valued at $159,901,000 after buying an additional 34,503 shares in the last quarter. Dorsey Wright & Associates bought a new stake in PHINIA in the 1st quarter worth approximately $1,058,000. Bessemer Group Inc. increased its stake in PHINIA by 46.5% in the 1st quarter. Bessemer Group Inc. now owns 82,024 shares of the company’s stock worth $5,614,000 after acquiring an additional 26,033 shares during the last quarter. Finally, Illinois Municipal Retirement Fund increased its stake in PHINIA by 11.1% in the 1st quarter. Illinois Municipal Retirement Fund now owns 21,925 shares of the company’s stock worth $1,501,000 after acquiring an additional 2,188 shares during the last quarter. 90.94% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Weiss Ratings upgraded PHINIA from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 21st. Wall Street Zen cut shares of PHINIA from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Northland Securities set a $98.00 price target on shares of PHINIA in a research note on Friday. UBS Group lowered their price objective on shares of PHINIA from $81.00 to $80.00 and set a “neutral” rating for the company in a research report on Friday. Finally, Zacks Research cut shares of PHINIA from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, PHINIA presently has a consensus rating of “Moderate Buy” and a consensus price target of $76.33.

Insiders Place Their Bets

In other PHINIA news, VP Samantha Pombier sold 2,227 shares of the business’s stock in a transaction 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 owned 6,637 shares in the company, valued at $546,623.32. The trade was a 25.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Michael Coetzee sold 1,250 shares of the stock in a transaction on Wednesday, June 10th. The shares were 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 in the company, valued at approximately $2,177,195.49. This represents a 4.42% decrease in their position. The SEC filing for this sale provides additional information. 2.20% of the stock is owned by company insiders.

Key PHINIA News

Here are the key news stories impacting PHINIA this week:

• Positive Sentiment: Second-quarter revenue rose 5.6% year over year to $940 million, exceeding the analyst consensus of approximately $919 million. Management highlighted continued growth, cash generation, and business momentum. PHINIA Reports Second Quarter 2026 Results
• Positive Sentiment: PHINIA agreed to acquire the stoba Group, a specialist in high-precision components and customized manufacturing solutions. The transaction is expected to close in the fourth quarter of 2026 and could expand PHINIA’s technology and manufacturing capabilities. PHINIA Inc. Earnings Call: Growth, Cash and Deals
• Positive Sentiment: The company returned $53 million to shareholders during the quarter, including $42 million in share repurchases and $11 million in dividends. PHINIA ended the period with $370 million in cash, supporting financial flexibility for capital returns and strategic investments.
• Neutral Sentiment: Management maintained 2026 revenue guidance of approximately $3.57 billion to $3.67 billion. The midpoint is slightly below the roughly $3.7 billion analyst consensus, suggesting expectations for moderate growth but limited near-term upside to estimates. PHINIA Q2 2026 Earnings Call Transcript
• Negative Sentiment: Quarterly earnings of $1.53 per share missed the $1.58 consensus estimate, despite improving from $1.27 a year earlier. Net earnings were reported at $40 million, down from $46 million in the prior-year quarter, reflecting pressure on profitability. Phinia Misses Q2 Earnings Estimates
• Negative Sentiment: The stoba acquisition will require regulatory approvals and closing conditions, while PHINIA carries approximately $1.02 billion of debt. These factors may temper the benefits of the deal if integration costs or leverage increase.

PHINIA Trading Up 0.7%

Shares of PHIN stock opened at $73.56 on Friday. PHINIA Inc. has a 1 year low of $48.94 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 1.32. The stock’s 50 day simple moving average is $79.45 and its two-hundred day simple moving average is $74.30. The company has a market cap of $2.72 billion, a PE ratio of 21.08 and a beta of 1.13.

PHINIA (NYSE:PHIN) last announced 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). The company had revenue of $940.00 million during the quarter, compared to analysts’ expectations of $918.83 million. PHINIA had a return on equity of 13.86% and a net margin of 3.73%. Research analysts predict that PHINIA Inc. will post 6.24 earnings per share for the current year.

PHINIA Announces Dividend

The business 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 dividend on an annualized basis and a yield of 1.6%. PHINIA’s dividend payout ratio (DPR) is currently 33.52%.

PHINIA 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. 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.