Roger Wood Buys Shares of PHINIA Inc.

Roger Wood, an insider at PHINIA Inc., bought 8 shares of the company on June 23, 2026. The transaction did not disclose the price or total value, but it adds to the insider activity at the company.

Other Institutional Activity in PHINIA Inc.

Several major funds have made changes to their holdings in PHINIA Inc. BlackRock, Inc. trimmed its position slightly by 11,850 shares, leaving it with 5,735,120 shares worth around $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, now holding 2,336,499 shares worth about $159.9 million. FMR LLC significantly boosted its holdings by 736,593 shares, now totaling 2,015,040 shares valued at nearly $137.9 million. American Century Companies Inc. also increased its position by 53,415 shares, ending with 1,663,420 shares worth approximately $113.8 million.

PHINIA Inc. Stock Up 21.6%

Shares of NYSE:PHIN traded near $83.49 on Friday. PHINIA Inc. has a market cap of $3.01 billion, a P/E ratio of 22.78, and a forward P/E of 12.06. The stock has seen a 52-week low of $41.59 and a high of $86.94, with a 50-day moving average of $76.40 and a 200-day moving average of $65.64. The company's financial health is supported by a current ratio of 1.83 and a quick ratio of 1.18, alongside a debt-to-equity ratio of 67.08.

Recent Earnings

PHINIA Inc. reported revenue of approximately $3.56 billion, reflecting a growth rate of 10.3%. The company achieved an EPS of $3.57, with a net margin of 3.96% and a return on equity of 9.14%. Investors can look forward to the next earnings release scheduled for July 23, 2026.

Dividend

PHINIA Inc. offers a dividend rate of $1.20 per share, yielding 1.49%. The payout ratio stands at 31.09%, providing investors with a steady income stream.

Insider Buying and Selling at PHINIA Inc.

On June 23, 2026, several insiders at PHINIA Inc. made stock purchases. Dori Sebastian, VP and CPO, bought 25 shares, while Ericson Brady, President and CEO, acquired 523 shares. Other insiders, including Norman Daun, Newton Latondra, Chapin Samuel, and Matthew Logar, also bought smaller amounts, with Logar purchasing 44 shares.

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 initiated coverage earlier in the year with a "buy" rating and an $82 target. UBS maintained a "hold" rating with a target of $71 on January 14, 2026. The consensus among analysts is a "buy" rating with a mean target price of $92.

About PHINIA Inc.

PHINIA Inc., headquartered in Auburn Hills, Michigan, specializes in developing and manufacturing integrated components and systems for the automotive industry. The company operates through its Fuel Systems and Aftermarket segments, providing fuel injection systems, electronic control modules, and aftermarket solutions. Led by CEO Brady D. Ericson, PHINIA Inc. employs approximately 12,500 people.

Bottom Line

Roger Wood's recent purchase of PHINIA Inc. shares adds to the insider activity at the company. Investors keep a close watch on such transactions for potential insights into the company's prospects. PHINIA Inc.'s stock performance and institutional interest highlight its position in the auto parts industry. As always, it's important to remember that insider transactions are disclosed after the fact and may not reflect current positions.