Phinia Inc. (PHIN) stock recently hit an all-time high of $73.22, driven by strong investor confidence, a 44.23% one-year price return, and a 41.9% gain in the past six months. The company has a current market capitalization of $2.73 billion, a P/E ratio of 23.92, and actively engages in share buybacks while maintaining a 1.69% dividend yield. Recent positive developments include an 11% increase in its quarterly dividend and a “Buy” rating with an $82.00 price target from Freedom Capital Markets, further supported by strategic technology portfolio expansion.
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Phinia Inc stock hits all-time high of 73.22 USD By Investing.com
Phinia Inc. (PHIN) stock recently hit an all-time high of $73.22, driven by strong investor confidence, a 44.23% one-year price return, and a 41.9% gain in the past six months. The company has a current market capitalization of $2.73 billion, a P/E ratio of 23.92, and actively engages in share buybacks while maintaining a 1.69% dividend yield. Recent positive developments include an 11% increase in its quarterly dividend and a “Buy” rating with an $82.00 price target from Freedom Capital Markets, further supported by strategic technology portfolio expansion.