<SEC-DOCUMENT>0001041062-25-000063.txt : 20250214
<SEC-HEADER>0001041062-25-000063.hdr.sgml : 20250214
<ACCEPTANCE-DATETIME>20250214134927
ACCESSION NUMBER:		0001041062-25-000063
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250214
DATE AS OF CHANGE:		20250214

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PHIBRO ANIMAL HEALTH CORP
		CENTRAL INDEX KEY:			0001069899
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		ORGANIZATION NAME:           	03 Life Sciences
		IRS NUMBER:				131840497
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-88114
		FILM NUMBER:		25626385

	BUSINESS ADDRESS:	
		STREET 1:		GLENPOINTE CENTRE EAST, 3RD FLOOR
		STREET 2:		300 FRANK W. BURR BLVD., SUITE 21
		CITY:			TEANECK
		STATE:			NJ
		ZIP:			07666
		BUSINESS PHONE:		201-329-7300

	MAIL ADDRESS:	
		STREET 1:		GLENPOINTE CENTRE EAST, 3RD FLOOR
		STREET 2:		300 FRANK W. BURR BLVD., SUITE 21
		CITY:			TEANECK
		STATE:			NJ
		ZIP:			07666

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PHILIPP BROTHERS CHEMICALS INC
		DATE OF NAME CHANGE:	19980908

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BRANDES INVESTMENT PARTNERS, LP
		CENTRAL INDEX KEY:			0001015079
		ORGANIZATION NAME:           	
		IRS NUMBER:				330704072
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		4275 EXECUTIVE SQUARE
		STREET 2:		5TH FLOOR
		CITY:			LA JOLLA
		STATE:			CA
		ZIP:			92037
		BUSINESS PHONE:		8587550239

	MAIL ADDRESS:	
		STREET 1:		4275 EXECUTIVE SQUARE
		STREET 2:		5TH FLOOR
		CITY:			LA JOLLA
		STATE:			CA
		ZIP:			92037

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BRANDES INVESTMENT PARTNERS LLC
		DATE OF NAME CHANGE:	20021203

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BRANDES INVESTMENT PARTNERS L P
		DATE OF NAME CHANGE:	19990325
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
	<headerData>
		<submissionType>SCHEDULE 13G/A</submissionType>
<previousAccessionNumber>0001041062-23-000182</previousAccessionNumber>
		<filerInfo>
			<filer>
				<filerCredentials>
					<cik>0001015079</cik>
					<ccc>XXXXXXXX</ccc>
				</filerCredentials>
			</filer>
			<liveTestFlag>LIVE</liveTestFlag>


		</filerInfo>
	</headerData>
	<formData>
		<coverPageHeader>
			<amendmentNo>2</amendmentNo>
			<securitiesClassTitle>Common Stock</securitiesClassTitle>
			<eventDateRequiresFilingThisStatement>12/31/2024</eventDateRequiresFilingThisStatement>
			<issuerInfo>
				<issuerCik>0001069899</issuerCik>
				<issuerName>Phibro Animal Health Corporation</issuerName>
				<issuerCusip>71742Q106</issuerCusip>
				<issuerPrincipalExecutiveOfficeAddress>
					<com:street1>Glenpointe Centre East, 3rd Floor</com:street1>
					<com:street2>300 Frank W. Burr Blvd., Suite 21</com:street2>
					<com:city>Teaneck</com:city>
					<com:stateOrCountry>NJ</com:stateOrCountry>
					<com:zipCode>07666</com:zipCode>
				</issuerPrincipalExecutiveOfficeAddress>
			</issuerInfo>
			<designateRulesPursuantThisScheduleFiled>
				<designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
			</designateRulesPursuantThisScheduleFiled>
		</coverPageHeader>
		<coverPageHeaderReportingPersonDetails>

			<reportingPersonName>Brandes Investment Partners, L.P.</reportingPersonName>
			<citizenshipOrOrganization>DE</citizenshipOrOrganization>
			<reportingPersonBeneficiallyOwnedNumberOfShares>
				<soleVotingPower>0</soleVotingPower>
       				<sharedVotingPower>662440</sharedVotingPower>
				<soleDispositivePower>0</soleDispositivePower>
				<sharedDispositivePower>662748</sharedDispositivePower>
			</reportingPersonBeneficiallyOwnedNumberOfShares>
			<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>662748</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
			<classPercent>3.26</classPercent>
			<typeOfReportingPerson>IA</typeOfReportingPerson>
			<typeOfReportingPerson>PN</typeOfReportingPerson>
		</coverPageHeaderReportingPersonDetails>
		<coverPageHeaderReportingPersonDetails>
			<reportingPersonName>CO-GP, LLC</reportingPersonName>
			<citizenshipOrOrganization>DE</citizenshipOrOrganization>
			<reportingPersonBeneficiallyOwnedNumberOfShares>
				<soleVotingPower>0</soleVotingPower>
       				<sharedVotingPower>662440</sharedVotingPower>
				<soleDispositivePower>0</soleDispositivePower>
				<sharedDispositivePower>662748</sharedDispositivePower>
			</reportingPersonBeneficiallyOwnedNumberOfShares>
			<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>662748</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
			<classPercent>3.26</classPercent>
			<typeOfReportingPerson>CO</typeOfReportingPerson>
			<typeOfReportingPerson>OO</typeOfReportingPerson>
		</coverPageHeaderReportingPersonDetails>
		<coverPageHeaderReportingPersonDetails>
			<reportingPersonName>Brandes Worldwide Holdings, L.P.</reportingPersonName>
			<citizenshipOrOrganization>DE</citizenshipOrOrganization>
			<reportingPersonBeneficiallyOwnedNumberOfShares>
				<soleVotingPower>0</soleVotingPower>
       				<sharedVotingPower>662440</sharedVotingPower>
				<soleDispositivePower>0</soleDispositivePower>
				<sharedDispositivePower>662748</sharedDispositivePower>
			</reportingPersonBeneficiallyOwnedNumberOfShares>
			<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>662748</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
			<classPercent>3.26</classPercent>
			<typeOfReportingPerson>PN</typeOfReportingPerson>
			<typeOfReportingPerson>OO</typeOfReportingPerson>
		</coverPageHeaderReportingPersonDetails>
		<coverPageHeaderReportingPersonDetails>
			<reportingPersonName>Glenn Carlson</reportingPersonName>
			<citizenshipOrOrganization>DE</citizenshipOrOrganization>
			<reportingPersonBeneficiallyOwnedNumberOfShares>
				<soleVotingPower>0</soleVotingPower>
       				<sharedVotingPower>662440</sharedVotingPower>
				<soleDispositivePower>0</soleDispositivePower>
				<sharedDispositivePower>662748</sharedDispositivePower>
			</reportingPersonBeneficiallyOwnedNumberOfShares>
			<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>662748</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
			<classPercent>3.26</classPercent>
			<typeOfReportingPerson>IN</typeOfReportingPerson>
			<typeOfReportingPerson>OO</typeOfReportingPerson>
		</coverPageHeaderReportingPersonDetails>
		<items>
			<item1>
				<issuerName>Phibro Animal Health Corporation</issuerName>					<issuerPrincipalExecutiveOfficeAddress>Glenpointe Centre East, 3rd Floor, 300 Frank W. Burr Blvd, Suite 21, Teaneck, NJ 07666</issuerPrincipalExecutiveOfficeAddress>
			</item1>
			<item2>
				<filingPersonName>(I)Brandes Investment Partners, L.P.
(ii)Co-Gp, LLC
(iii)Brandes Worldwide Holdings, L.p
(iv)Glenn Carlson</filingPersonName>
				<principalBusinessOfficeOrResidenceAddress>(i)	4275 Executive Square, 5th Floor, La Jolla, CA 92037, (ii)	4275 Executive Square, 5th Floor, La Jolla, CA 92037, (iii)	4275 Executive Square, 5th Floor, La Jolla, CA 92037, (iv)	4275 Executive Square, 5th Floor, La Jolla, CA 92037,</principalBusinessOfficeOrResidenceAddress>
				<citizenship>(i)	Delaware
(ii)	Delaware
(iii)	Delaware
(iv)	USA
</citizenship>
			</item2>
			<item3>
				<notApplicableFlag>N</notApplicableFlag>
				<typeOfPersonFiling>OO</typeOfPersonFiling>
			</item3>
			<item4>
				<amountBeneficiallyOwned>662748</amountBeneficiallyOwned>
				<classPercent>3.26</classPercent>
				<numberOfSharesPersonHas>
					<solePowerOrDirectToVote>0</solePowerOrDirectToVote>
					<sharedPowerOrDirectToVote>662440</sharedPowerOrDirectToVote>
					<solePowerOrDirectToDispose>0</solePowerOrDirectToDispose>
					<sharedPowerOrDirectToDispose>662748</sharedPowerOrDirectToDispose>
				</numberOfSharesPersonHas>
			</item4>
			<item5>
				<notApplicableFlag>N</notApplicableFlag>
				<classOwnership5PercentOrLess>Y</classOwnership5PercentOrLess>
			</item5>
			<item6>
				<notApplicableFlag>Y</notApplicableFlag>
			</item6>
			<item7>
				<notApplicableFlag>Y</notApplicableFlag>
			</item7>
			<item8>
				<notApplicableFlag>Y</notApplicableFlag>
			</item8>
			<item9>
				<notApplicableFlag>Y</notApplicableFlag>
			</item9>
			<item10>
				<notApplicableFlag>N</notApplicableFlag>
				<certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under &amp;#167; 240.14a-11.</certifications>
			</item10>
		</items>
		<signatureInformation>
			<reportingPersonName>Brandes Investment Partners, L.P.</reportingPersonName>
			<signatureDetails>
				<signature>/s/Glenn Carlson</signature>
				<title>General Partner</title>
				<date>02/14/2025</date>
			</signatureDetails>
		</signatureInformation>
		<signatureInformation>
			<reportingPersonName>CO-GP, LLC</reportingPersonName>
			<signatureDetails>
				<signature>/s/Glenn Carlson</signature>
				<title>General Partner</title>
				<date>02/14/2025</date>
			</signatureDetails>
		</signatureInformation>
		<signatureInformation>
			<reportingPersonName>Brandes Worldwide Holdings, L.P.</reportingPersonName>
			<signatureDetails>
				<signature>/s/Glenn Carlson</signature>
				<title>Co-GP, LLC its General Partner</title>
				<date>02/14/2025</date>
			</signatureDetails>
		</signatureInformation>
		<signatureInformation>
			<reportingPersonName>Glenn Carlson</reportingPersonName>
			<signatureDetails>
				<signature>/s/Glenn Carlson</signature>
				<title>Co-GP, LLC its General Partner</title>
				<date>02/14/2025</date>
			</signatureDetails>
		</signatureInformation>
	</formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
