New York State Teachers Retirement System Sells 22,885 Shares of BorgWarner Inc. $BWA

New York State Teachers Retirement System decreased its holdings in shares of BorgWarner Inc. (NYSE:BWA) by 9.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 215,724 shares of the auto parts company’s stock after selling 22,885 shares during the period. New York State Teachers Retirement System’s holdings in BorgWarner were worth $9,721,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in BWA. Root Financial Partners LLC bought a new stake in shares of BorgWarner during the 3rd quarter valued at $27,000. Mather Group LLC. bought a new stake in shares of BorgWarner in the 3rd quarter valued at $41,000. Sound Income Strategies LLC increased its position in shares of BorgWarner by 9,888.9% in the 4th quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock valued at $42,000 after buying an additional 890 shares in the last quarter. Torren Management LLC bought a new stake in shares of BorgWarner in the 4th quarter valued at $48,000. Finally, Olistico Wealth LLC bought a new stake in shares of BorgWarner in the 4th quarter valued at $50,000. Institutional investors own 95.67% of the company’s stock.

Insider Transactions at BorgWarner

In related news, EVP Tonit M. Calaway sold 16,000 shares of the company’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $65.08, for a total value of $1,041,280.00. Following the completion of the transaction, the executive vice president directly owned 240,251 shares of the company’s stock, valued at approximately $15,635,535.08. This represents a 6.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Stefan Demmerle sold 2,500 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $53.03, for a total transaction of $132,575.00. Following the completion of the transaction, the vice president directly owned 233,746 shares of the company’s stock, valued at approximately $12,395,550.38. The trade was a 1.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 78,083 shares of company stock worth $4,638,585. Company insiders own 0.76% of the company’s stock.

BorgWarner Price Performance

Shares of NYSE BWA opened at $56.37 on Tuesday. The firm has a market cap of $11.61 billion, a PE ratio of 45.09, a PEG ratio of 1.19 and a beta of 1.00. The company has a current ratio of 2.07, a quick ratio of 1.70 and a debt-to-equity ratio of 0.69. BorgWarner Inc. has a 1-year low of $28.92 and a 1-year high of $70.08. The company has a fifty day moving average price of $54.41 and a 200 day moving average price of $49.52.

BorgWarner (NYSE:BWA) last announced its earnings results on Wednesday, February 11th. The auto parts company reported $1.35 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.19. The firm had revenue of $3.57 billion during the quarter, compared to analyst estimates of $3.49 billion. BorgWarner had a net margin of 1.93% and a return on equity of 17.89%. The company’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.01 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Research analysts predict that BorgWarner Inc. will post 5.14 earnings per share for the current fiscal year.

BorgWarner Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a $0.17 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.68 dividend on an annualized basis and a yield of 1.2%. BorgWarner’s dividend payout ratio is presently 54.40%.

Analyst Ratings Changes

A number of analysts recently commented on BWA shares. Morgan Stanley set a $60.00 price objective on shares of BorgWarner in a research report on Thursday, February 12th. Bank of America started coverage on shares of BorgWarner in a research report on Wednesday, March 4th. They issued a “neutral” rating for the company. UBS Group upped their price objective on shares of BorgWarner from $55.00 to $56.00 and gave the company a “neutral” rating in a research report on Tuesday, April 14th. New Street Research set a $66.00 price objective on shares of BorgWarner in a research report on Thursday, February 12th. Finally, TD Cowen restated a “hold” rating on shares of BorgWarner in a research report on Thursday, February 12th. Seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $66.77.

BorgWarner Profile

BorgWarner Inc is a global automotive supplier specializing in propulsion and drivetrain solutions for combustion, hybrid and electric vehicles. The company’s product portfolio includes turbochargers, thermal management systems, transmission components, e-Propulsion modules and advanced fuel-efficiency technologies. BorgWarner serves original equipment manufacturers (OEMs) across passenger cars, light trucks and commercial vehicles, supporting both legacy internal-combustion engines and emerging electrification trends.

Founded in 1928 through the merger of several driveline companies, BorgWarner has grown through strategic acquisitions and continuous investment in research and development.