PHINIA (NYSE:PHIN) CEO Brady Ericson Sells 27,860 Shares

September 2, 2026 by InsiderTrades.com

Key Points

PHINIA CEO Brady Ericson sold 27,860 shares at an average price of $68.39, totaling approximately $1.91 million. The sale reduced his direct ownership by 7.77% and was intended to cover tax withholding on vested equity awards.
PHINIA shares opened at $66.89, down 2.3%, while the company recently reported quarterly EPS of $1.53—slightly below estimates—alongside revenue of $940 million, which exceeded expectations.
The company declared a quarterly dividend of $0.30 per share, equivalent to a 1.8% yield, while analysts maintain a consensus “Moderate Buy” rating and an $82 price target.

PHINIA Inc. (NYSE:PHIN - Get Free Report) CEO Brady Ericson sold 27,860 shares of PHINIA stock in a transaction on Monday, August 31st. The shares were sold at an average price of $68.39, for a total value of $1,905,345.40. Following the sale, the chief executive officer directly owned 330,497 shares of the company's stock, valued at approximately $22,602,689.83. This trade represents a 7.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

PHINIA Stock Down 2.3%

NYSE:PHIN opened at $66.89 on Wednesday. PHINIA Inc. has a 1-year low of $50.79 and a 1-year high of $86.93. The company has a 50-day moving average of $76.43 and a 200 day moving average of $74.70. The firm has a market cap of $2.45 billion, a PE ratio of 19.17 and a beta of 1.17. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.81 and a quick ratio of 1.34.

PHINIA (NYSE:PHIN - Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $1.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.57 by ($0.04). The company had revenue of $940.00 million for the quarter, compared to the consensus estimate of $918.83 million. PHINIA had a net margin of 3.73% and a return on equity of 13.86%. As a group, research analysts anticipate that PHINIA Inc. will post 6.18 EPS for the current fiscal year.

PHINIA Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, September 4th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Friday, September 4th. PHINIA's payout ratio is currently 34.38%.

Institutional Investors Weigh In On PHINIA

Hedge funds and other institutional investors have recently made changes to their positions in the stock. ProShare Advisors LLC grew its position in PHINIA by 1.9% in the fourth quarter. ProShare Advisors LLC now owns 7,409 shares of the company's stock worth $464,000 after acquiring an additional 141 shares during the period. Acorn Financial Advisory Services Inc. ADV raised its holdings in PHINIA by 2.7% in the 4th quarter. Acorn Financial Advisory Services Inc. ADV now owns 5,816 shares of the company's stock valued at $365,000 after buying an additional 155 shares during the period. Baron Wealth Management LLC lifted its position in PHINIA by 3.7% in the second quarter. Baron Wealth Management LLC now owns 4,542 shares of the company's stock valued at $374,000 after buying an additional 160 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in shares of PHINIA by 2.4% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 8,748 shares of the company's stock valued at $548,000 after acquiring an additional 207 shares during the period. Finally, Larson Financial Group LLC lifted its holdings in shares of PHINIA by 151.5% in the 4th quarter. Larson Financial Group LLC now owns 425 shares of the company's stock worth $27,000 after acquiring an additional 256 shares during the last quarter. Institutional investors and hedge funds own 90.94% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on PHIN. UBS Group cut their price target on shares of PHINIA from $81.00 to $80.00 and set a "neutral" rating on the stock in a research note on Friday, July 31st. Northland Securities set a $98.00 target price on PHINIA in a research report on Friday, July 31st. KeyCorp initiated coverage on PHINIA in a research note on Friday, June 12th. They issued an "overweight" rating and a $105.00 price objective for the company. Weiss Ratings downgraded PHINIA from a "buy (b)" rating to a "buy (b-)" rating in a report on Tuesday, August 11th. Finally, Wall Street Zen upgraded shares of PHINIA from a "hold" rating to a "buy" rating in a report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, PHINIA currently has a consensus rating of "Moderate Buy" and a consensus price target of $82.00.

View Our Latest Research Report on PHIN

About PHINIA

(Get Free Report)

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.