Neil Fryer Acquires Shares in PHINIA Inc.

Neil Fryer, Vice President and General Manager of Global Aftermarket at PHINIA Inc., purchased 34 shares of the company on June 23, 2026. This insider transaction was not conducted under a pre-planned trading program, indicating a direct decision by Fryer to acquire the shares.

Insider Buying and Selling at PHINIA Inc.

On June 23, 2026, several insiders at PHINIA Inc. made stock purchases. Dori Sebastian, Vice President and Chief Product Officer, bought 25 shares. Norman Daun and Samuel Chapin each acquired 8 shares, while President and CEO Ericson Brady made a more substantial purchase of 523 shares. Additionally, LaTondra Newton bought 13 shares, and Matthew Logar, Senior Vice President and CIO, added 44 shares to his holdings. None of these transactions were pre-planned.

Other Institutional Activity in PHINIA Inc.

In recent institutional activity, BlackRock, Inc. slightly reduced its holdings in PHINIA Inc. by 11,850 shares, maintaining 5,735,120 shares valued at approximately $392.5 million. Vanguard Portfolio Management LLC opened a new position with 2,512,703 shares worth about $171.97 million. Dimensional Fund Advisors LP increased its stake by 34,503 shares, totaling 2,336,499 shares valued at roughly $159.9 million. FMR LLC significantly boosted its holdings by 736,593 shares, ending with 2,015,040 shares valued around $137.9 million. American Century Companies Inc. added 53,415 shares, bringing its total to 1,663,420 shares, worth approximately $113.8 million.

PHINIA Inc. Stock Up 23.8%

Shares of PHINIA Inc. (NYSE:PHIN) traded near $83.49 on Friday. The company holds a market capitalization of about $3.01 billion and a P/E ratio of 22.78. With a beta of 1.103, the stock has experienced a 52-week range from $41.59 to $86.94. The 50-day moving average stands at $76.40, while the 200-day moving average is $65.64. PHINIA's current ratio is 1.825, and its quick ratio is 1.181, with a debt-to-equity ratio of 67.076.

Recent Earnings

PHINIA Inc. reported revenues of approximately $3.56 billion, reflecting a growth rate of 10.3%. The company achieved a net margin of 3.96% and a return on equity of 9.14%. Earnings per share were $3.57. The next earnings report is scheduled for July 23, 2026.

Dividend

PHINIA Inc. offers an annual dividend rate of $1.20 per share, yielding 1.49%. The dividend payout ratio is 31.09%.

Analysts Set New Price Targets

On June 12, 2026, Keybanc initiated coverage on PHINIA Inc. with a buy rating and a price target of $105. Freedom Capital Markets also began coverage earlier this year with a buy rating and a target of $82. UBS has maintained a hold rating with a target of $71. The consensus among analysts is a buy, with an average price target of $92 based on five opinions.

About PHINIA Inc.

PHINIA Inc., headquartered in Auburn Hills, Michigan, is a key player in the Consumer Cyclical sector, specifically within the Auto Parts industry. The company develops and manufactures integrated components and systems, focusing on fuel systems and aftermarket solutions. Its products cater to a wide range of applications, including commercial vehicles, industrial equipment, and passenger vehicles. Under the leadership of CEO Brady D. Ericson, PHINIA employs approximately 12,500 people.

Bottom Line

Neil Fryer's recent purchase of PHINIA Inc. shares highlights insider confidence in the company's prospects. As a key player in the auto parts industry, PHINIA's financial metrics and analyst ratings suggest ongoing interest in its growth potential. Investors should note that insider transactions like these are disclosed after the fact and may not reflect current holdings.