diff --git a/drivers/net/ethernet/intel/ice/ice_ptp_hw.c b/drivers/net/ethernet/intel/ice/ice_ptp_hw.c
index 672218e5d1f9..8bb94e785f2a 100644
--- a/drivers/net/ethernet/intel/ice/ice_ptp_hw.c
+++ b/drivers/net/ethernet/intel/ice/ice_ptp_hw.c
@@ -2141,16 +2141,23 @@ int ice_start_phy_timer_eth56g(struct ice_hw *hw, u8 port)
 	}
 	incval = (u64)hi << 32 | lo;
 
+	if (!ice_ptp_lock(hw)) {
+		dev_err(ice_hw_to_dev(hw), "Failed to acquire PTP semaphore\n");
+		return -EBUSY;
+	}
+
 	err = ice_write_40b_ptp_reg_eth56g(hw, port, PHY_REG_TIMETUS_L, incval);
 	if (err)
-		return err;
+		goto err_ptp_unlock;
 
 	err = ice_ptp_one_port_cmd(hw, port, ICE_PTP_INIT_INCVAL);
 	if (err)
-		return err;
+		goto err_ptp_unlock;
 
 	ice_ptp_exec_tmr_cmd(hw);
 
+	ice_ptp_unlock(hw);
+
 	err = ice_sync_phy_timer_eth56g(hw, port);
 	if (err)
 		return err;
@@ -2166,6 +2173,10 @@ int ice_start_phy_timer_eth56g(struct ice_hw *hw, u8 port)
 	ice_debug(hw, ICE_DBG_PTP, "Enabled clock on PHY port %u\n", port);
 
 	return 0;
+
+err_ptp_unlock:
+	ice_ptp_unlock(hw);
+	return err;
 }
 
 /**