PHINIA Inc. Insider Robin Kendrick Buys Shares
Robin Kendrick, an insider at PHINIA Inc., purchased 26 shares on June 23, 2026.
Key Points
- Robin Kendrick, an insider at PHINIA Inc., purchased 26 shares on June 23, 2026, as the stock traded at $83.49.
- PHINIA Inc. has a market cap of $3.01 billion, a P/E ratio of 22.78, and a 52-week high of $86.94.
- Keybanc initiated coverage with a buy rating and a $105 target, while PHINIA maintains a dividend yield of 1.49%.
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Robin Kendrick, an insider at PHINIA Inc. (NYSE:PHIN), purchased 26 shares of the company on June 23, 2026. This transaction comes as PHINIA's stock was trading at $83.49 on Friday.
Insider Buying and Selling at PHINIA Inc.
Several insiders at PHINIA Inc. made stock purchases on June 23, 2026. Among them, Robin Kendrick acquired 26 shares, while Ericson Brady, the President and CEO, bought 523 shares. Other insiders, including Dori Sebastian, VP and CPO, and Matthew Logar, SVP and CIO, also made purchases. These transactions were not part of a pre-planned trading program.
Other Institutional Activity in PHINIA Inc.
Institutional investors have been active in PHINIA Inc. recently. BlackRock, Inc. reduced its holdings by 11,850 shares, now holding 5,735,120 shares worth about $392.5 million. Vanguard Portfolio Management LLC opened a new position with 2,512,703 shares valued at approximately $171.97 million. Dimensional Fund Advisors LP increased its stake by 34,503 shares to a total of 2,336,499 shares, valued at nearly $159.9 million. FMR LLC significantly boosted its holdings by 736,593 shares, now holding 2,015,040 shares worth about $137.9 million.
PHINIA Inc. Stock Up 23.8%
Shares of NYSE:PHIN traded near $83.49 on Friday. PHINIA Inc. has a market capitalization of approximately $3.01 billion and a P/E ratio of 22.78. The stock's 52-week range spans from $41.59 to $86.94. The company maintains a 50-day moving average of $76.40 and a 200-day moving average of $65.64. PHINIA's current ratio is 1.83, with a quick ratio of 1.18 and a debt-to-equity ratio of 67.08.
$PHIN stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
PHINIA Inc. reported a revenue of $3.56 billion, reflecting a growth rate of 10.3%. The company's earnings per share (EPS) stood at $3.57, with a net margin of 3.96% and a return on equity (ROE) of 9.14%. The next earnings report is expected on July 23, 2026.
Dividend
PHINIA Inc. offers an annual dividend rate of $1.20, yielding 1.49%. The company's dividend payout ratio is 31.09%.
Analysts Set New Price Targets
On June 12, 2026, Keybanc initiated coverage of PHINIA Inc. with a buy rating and a $105 price target. The consensus among analysts is a buy recommendation, with a mean target price of $92.0 based on five opinions.
About PHINIA Inc.
PHINIA Inc. is a company involved in designing and manufacturing integrated components and systems, primarily in the auto parts sector. Headquartered in Auburn Hills, Michigan, PHINIA operates through its Fuel Systems and Aftermarket segments, providing products for commercial and light vehicles. The company was incorporated in 2023 and is led by CEO Mr. Brady D. Ericson.
Bottom Line
Insider buying at PHINIA Inc. signals confidence as several executives purchase shares. The company's strong market position is reflected in its robust earnings and strategic analyst coverage. Investors should note that insider transactions are reported post-fact and may not indicate future performance.
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