PHINIA (NYSE:PHIN) Releases Earnings Results, Beats Estimates By $0.15 EPS

PHINIA (NYSE:PHIN) announced its quarterly earnings results on Thursday. The company reported $1.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.15, FiscalAI reports. PHINIA had a return on equity of 13.86% and a net margin of 3.73%. The firm had revenue of $912.00 million for the quarter, compared to the consensus estimate of $928.21 million.

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

• Q3 performance was solid, with record adjusted EBITDA of $135 million, a 14.8% margin, and adjusted EPS of $1.83, up 15.1% year over year. Both Power Systems and Aftermarket Solutions delivered strong margins.
• PHINIA raised its 2026 outlook, increasing the revenue range to $3.625 billion–$3.675 billion and adjusted EBITDA guidance to $500 million–$520 million, while forecasting adjusted free cash flow of $220 million–$250 million.
• The company completed its acquisition of stoba Group on October 1, funded with available liquidity, adding off-highway industrial exposure, new customers, supply-chain capabilities, and two aerospace-and-defense-qualified locations.
• New-business momentum remains strong across alternative fuels, commercial vehicles, hybrid applications, aftermarket products, and aerospace and defense; management cited 13 potential aerospace programs across eight customers and expects additional sourcing decisions through 2027.
• Revenue growth remained modest at 0.4% year over year, with China light- and commercial-vehicle weakness and ongoing tariff, commodity, freight, and pricing pressures offsetting strength in North America and European commercial vehicles. Management said most cost pressures are being recovered and expects only limited tariff effects in 2027, assuming policies do not change.

PHINIA Stock Performance

NYSE PHIN traded up $0.94 during trading hours on Friday, hitting $62.00. 53,437 shares of the company’s stock traded hands, compared to its average volume of 389,719. The business’s fifty day moving average price is $62.25 and its two-hundred day moving average price is $71.35. 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 firm has a market capitalization of $2.27 billion, a P/E ratio of 17.80 and a beta of 1.19. PHINIA has a 52 week low of $51.28 and a 52 week high of $86.93.

PHINIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Friday, September 4th were issued a $0.30 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.9%. PHINIA’s dividend payout ratio (DPR) is presently 34.38%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on PHIN. Weiss Ratings downgraded shares of PHINIA from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, September 16th. Wall Street Zen downgraded shares of PHINIA from a “buy” rating to a “hold” rating in a research report on Saturday, October 10th. Zacks Research upgraded shares of PHINIA from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 29th. Northland Securities set a $98.00 target price on shares of PHINIA in a research report on Friday, July 31st. Finally, UBS Group decreased their target price on shares of PHINIA from $80.00 to $68.00 and set a “neutral” rating for the company in a research note on Wednesday, October 7th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, PHINIA currently has a consensus rating of “Moderate Buy” and an average target price of $83.50.

Key Stories Impacting PHINIA

Here are the key news stories impacting PHINIA this week:

• Positive Sentiment: Adjusted earnings per share were $1.83, above the $1.68 consensus estimate cited by MarketBeat and the $1.74 estimate reported by Zacks. EPS also increased from $1.59 a year earlier, indicating improved profitability. Phinia Q3 Earnings Top Estimates
• Positive Sentiment: PHINIA outlined 2026 adjusted EBITDA of $500 million to $520 million after completing its acquisition of stoba, suggesting the deal should contribute to earnings and strengthening the company’s full-year outlook. PHINIA Outlines 2026 Adjusted EBITDA Outlook
• Positive Sentiment: The company reported that third-quarter results and its improved outlook benefited from the stoba transaction, giving investors a potential source of additional growth and scale. PHINIA Q3 2026 Earnings
• Neutral Sentiment: Third-quarter net sales were $912 million, below the approximately $928 million analyst consensus. The revenue shortfall offsets part of the earnings beat and suggests that cost performance, rather than strong top-line growth, drove the quarter. PHINIA Reports Third-Quarter Net Sales
• Negative Sentiment: Ariel Focus Fund previously identified PHINIA as a detractor because of margin pressure and weaker profitability guidance. Those concerns remain relevant, particularly with net margin at just 3.73%, even though the latest EBITDA outlook is more encouraging. Ariel Focus Fund on PHINIA

Insider Buying and Selling at PHINIA

In other news, SVP Robert Boyle sold 7,500 shares of the business’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $62.12, for a total transaction of $465,900.00. Following the completion of the sale, the senior vice president owned 25,317 shares of the company’s stock, valued at $1,572,692.04. The trade was a 22.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Chris P. Gropp sold 13,500 shares of the firm’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $66.71, for a total value of $900,585.00. Following the completion of the transaction, the chief financial officer directly owned 43,823 shares in the company, valued at approximately $2,923,432.33. This represents a 23.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 55,270 shares of company stock valued at $3,698,592 in the last quarter. Insiders own 2.20% of the company’s stock.

About PHINIA

PHINIA Inc (NYSE:PHIN) is a global supplier of fuel systems, electrical systems and aftermarket products for automotive, commercial vehicle and industrial applications. The company develops technologies that support the performance, efficiency and emissions management of internal-combustion engines and other propulsion systems.

Its products include fuel injectors, fuel pumps and modules, fuel-system controls, ignition components, sensors, actuators and electronic control systems. PHINIA also supplies diesel fuel systems and related technologies for commercial vehicles and off-highway equipment, as well as replacement parts, service products and solutions through its aftermarket business.

PHINIA was established as an independent public company in 2023 after being spun off from BorgWarner.