PHINIA (NYSE:PHIN) Issues Earnings Results, Beats Estimates By $0.12 EPS

PHINIA (NYSE:PHIN) released its quarterly earnings data on Thursday. The company reported $1.29 EPS for the quarter, beating the consensus estimate of $1.17 by $0.12, FiscalAI reports. PHINIA had a return on equity of 12.56% and a net margin of 3.73%.The company had revenue of $878.00 million for the quarter, compared to analysts’ expectations of $855.93 million. During the same period last year, the firm posted $0.94 earnings per share. PHINIA’s revenue was up 10.3% compared to the same quarter last year.

Here are the key takeaways from PHINIA’s conference call:

• PHINIA reported a strong quarter with $878M in net sales (+10.3% YoY), $115M Adjusted EBITDA (13.1% margin), and adjusted diluted EPS of $1.29 (up 37% YoY), indicating solid near-term profitability.
• Management reiterated full?year 2026 guidance of $3.5B–$3.7B revenue, $485M–$525M Adjusted EBITDA (13.7%–14.3% margin), and $200M–$240M Adjusted Free Cash Flow, signaling confidence in the outlook.
• The company is diversifying and winning new business—notably a commercial/defense drone program using its GDI injector and consecutive alternative?fuel wins (CNG in India, DI rail for a Chinese luxury SUV)—supporting longer?term growth opportunities.
• Near?term operational headwinds include program ramp delays in Fuel Systems (weaker mix in Europe and APAC) and ongoing geopolitical/tariff uncertainty (Q1 included a ~$12M tariff pass?through and management noted ~<$40M IEEPA tariff exposure being pursued for refunds), which could pressure short?term margin progression.
• Strong balance?sheet and shareholder returns — cash of $328M, total liquidity ~$808M, net leverage ~1.4x, and >$600M returned to shareholders since the spin?off via buybacks and dividends — provide financial flexibility for growth and buybacks.

PHINIA Price Performance

PHIN stock traded up $0.00 during mid-day trading on Thursday, hitting $72.11. The company had a trading volume of 645,357 shares, compared to its average volume of 404,729. The company has a market capitalization of $2.71 billion, a price-to-earnings ratio of 22.19 and a beta of 1.36. PHINIA has a 12-month low of $39.29 and a 12-month high of $81.11. The company has a quick ratio of 1.36, a current ratio of 1.86 and a debt-to-equity ratio of 0.61. The company has a 50-day moving average price of $70.04 and a 200 day moving average price of $64.22.

Insider Buying and Selling at PHINIA

In other PHINIA news, VP Neil Fryer sold 624 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $72.75, for a total value of $45,396.00. Following the sale, the vice president owned 18,180 shares in the company, valued at $1,322,595. The trade was a 3.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Christopher Gustanski sold 3,812 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $72.73, for a total transaction of $277,246.76. Following the completion of the sale, the vice president owned 14,871 shares in the company, valued at approximately $1,081,567.83. The trade was a 20.40% decrease in their position. The SEC filing for this sale provides additional information. 2.20% of the stock is owned by insiders.

Institutional Trading of PHINIA

Several hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP raised its position in shares of PHINIA by 2.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,301,996 shares of the company’s stock valued at $144,314,000 after buying an additional 45,214 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of PHINIA by 6.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 977,177 shares of the company’s stock valued at $41,462,000 after buying an additional 58,875 shares in the last quarter. Freestone Grove Partners LP raised its position in shares of PHINIA by 1,206.1% during the 4th quarter. Freestone Grove Partners LP now owns 557,097 shares of the company’s stock valued at $34,924,000 after buying an additional 514,442 shares in the last quarter. ION Fund Management Ltd purchased a new stake in shares of PHINIA during the 4th quarter valued at about $32,285,000. Finally, Invesco Ltd. raised its position in shares of PHINIA by 8.3% during the 4th quarter. Invesco Ltd. now owns 469,567 shares of the company’s stock valued at $29,437,000 after buying an additional 35,835 shares in the last quarter. 90.94% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on PHIN shares. Freedom Capital cut PHINIA from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. UBS Group restated a “neutral” rating and issued a $76.00 target price on shares of PHINIA in a report on Friday, February 13th. Zacks Research cut shares of PHINIA from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 14th. Wall Street Zen cut shares of PHINIA from a “strong-buy” rating to a “buy” rating in a report on Saturday, April 18th. Finally, Northland Securities set a $93.00 target price on shares of PHINIA in a report on Friday, February 13th. Three equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $68.80.

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.