Phinia Inc Stock Price, News & Analysis

PHINIA has announced a definitive agreement to acquire Swedish Electromagnet Invest AB (SEM) for $47 million. SEM, founded in 1915, specializes in advanced natural gas, hydrogen, and alternative fuel ignition systems, primarily serving commercial vehicle and industrial markets. The acquisition target generates approximately $50 million in annual revenue and $10 million in adjusted EBITDA. Expected to close in Q3 2025, this strategic move enhances PHINIA's product portfolio by adding SEM's expertise in advanced ignition solutions. The combination strengthens PHINIA's position in alternative fuel technologies and expands its presence in commercial vehicle, industrial, and aftermarket sectors. The merger will enable PHINIA to offer comprehensive engine management solutions by combining its existing capabilities with SEM's ignition system expertise.

PHINIA (NYSE:PHIN), a leader in fuel systems, electrical systems, and aftermarket solutions, announced its first-ever participation in the Paris Air Show 2025, marking its strategic entry into the aerospace industry. The company will showcase its advanced capabilities in complex component manufacturing for aerospace propulsion systems at Hall 4, Stand E97 during the event from June 16-22. PHINIA leverages its expertise in sub-micron manufacturing, precision fluid management, and alternative fuel combustion to support aerospace applications. The company has secured two production programs launching in 2025 and 2026, along with an advanced development project. Under CEO Brady Ericson's leadership, PHINIA is positioning itself as a key player in both military and civil aviation sectors, building on its global manufacturing footprint and fast-track development capabilities.

PHINIA Inc. (NYSE: PHIN), a leading provider of premium fuel systems, electrical systems, and aftermarket solutions, has announced its participation in UBS' 2025 Auto and Auto Tech Conference on June 4, 2025. The company's President and CEO Brady Ericson and CFO Chris Gropp will engage in a fireside chat with UBS' Joseph Spak at 1:00 PM Eastern Time. The event will be accessible via webcast on PHINIA's Investor Relations website, featuring in-person conference participation with investor meetings. Interested parties can access the webcast through the provided link on PHINIA's website.

PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, has announced its participation in the upcoming Oppenheimer 20th Annual Industrial Growth Conference on May 7, 2025. The virtual conference will feature a presentation by PHINIA's President and CEO Brady Ericson and CFO Chris Gropp, followed by a Q&A session. The presentation will be accessible via webcast at 11:15 AM Eastern Time, and investors can access the webcast and related materials through PHINIA's Investor Relations website.

PHINIA (NYSE:PHIN), a leader in premium fuel systems, has achieved a significant milestone with over 250 patents granted since becoming independent in July 2023. The company, specializing in electrical systems and aftermarket solutions, maintains more than 1,900 active patents across 24 jurisdictions.

Demonstrating its commitment to innovation, PHINIA celebrated this achievement by launching its first Innovation Hall of Fame, honoring four inventors with 20+ patents each and eleven additional inventors achieving Master of Innovation status (10-19 patents). The company continues to invest heavily in combustion technologies spanning diesel, gasoline, hydrogen, and alternative fuels.

Under the leadership of Brady Ericson, president and CEO, PHINIA focuses on commercial vehicle and industrial markets, building upon a legacy of over 6,000 patents. The company's R&D strategy emphasizes product leadership and technological advancement in sustainable powertrain and fuel system solutions.

PHINIA (NYSE: PHIN) reported Q1 2025 results with net sales of $796 million, down 7.8% year-over-year. The company posted net earnings of $26 million with a 3.3% margin and adjusted EBITDA of $103 million with 12.9% margin.

Key financial metrics include earnings per diluted share of $0.63 and adjusted EPS of $0.94. The company returned $111 million to shareholders through $100 million in share repurchases and $11 million in dividends.

Notable Q1 wins include new contracts for 350bar Gas Direct Injection systems, Fuel Delivery Modules, and Selective Catalytic Reduction pumps across international markets. The company maintains its 2025 guidance with projected net sales of $3.23-3.43 billion and adjusted EBITDA of $450-490 million.

PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems and aftermarket solutions, has announced its participation in Bank of America's Securities 2025 Automotive Summit in New York. The company will present and host a fireside chat on April 15, 2025, at 3:00 PM Eastern Time.

The event will feature PHINIA's President and CEO Brady Ericson and CFO Chris Gropp in discussion with Bank of America analysts John Murphy and Federico Merendi. Investors and interested parties can access the presentation webcast and related materials through PHINIA's Investor Relations website.

PHINIA (NYSE: PHIN), a leader in premium fuel systems, electrical systems and aftermarket solutions, has scheduled its first quarter 2025 earnings release and conference call for Friday, April 25, 2025. The company will host a webcast at 8:30 AM Eastern Time to discuss Q1 2025 results and address questions from the investment community.

The earnings materials will be accessible through the Investors section of PHINIA's website. Interested parties can join via webcast or teleconference, with both US/International toll and toll-free options available. A 14-day replay will be provided for those unable to attend the live event.

PHINIA (NYSE: PHIN) reported Q4 2024 results with net sales of $833 million, down 5.6% year-over-year. Q4 operating income was $51 million with 6.1% margin, while adjusted operating income reached $78 million with 9.4% margin. Full year 2024 saw net sales of $3.40 billion, a 2.8% decrease from 2023.

The company generated strong cash flow with Q4 adjusted free cash flow of $72 million, up 31% year-over-year. For full year 2024, adjusted free cash flow was $253 million, a 57% increase from 2023. The Board declared a quarterly dividend increase of 8% to $0.27 per share and authorized a $200 million increase to the share repurchase program.

Looking ahead to 2025, PHINIA projects net sales between $3.23-3.43 billion, with net earnings of $140-170 million and adjusted EBITDA of $450-490 million. The company expects to generate $160-200 million in adjusted free cash flow.