Pacer Advisors Inc. Sells 237,452 Shares of BorgWarner Inc. $BWA

Pacer Advisors Inc. lessened its holdings in BorgWarner Inc. (NYSE:BWA) by 17.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,110,894 shares of the auto parts company’s stock after selling 237,452 shares during the quarter. Pacer Advisors Inc.’s holdings in BorgWarner were worth $50,057,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Dean Capital Management grew its position in shares of BorgWarner by 3.2% during the fourth quarter. Dean Capital Management now owns 61,846 shares of the auto parts company’s stock worth $2,787,000 after purchasing an additional 1,915 shares in the last quarter. Compound Planning Inc. lifted its holdings in BorgWarner by 12.2% in the 4th quarter. Compound Planning Inc. now owns 8,627 shares of the auto parts company’s stock worth $389,000 after purchasing an additional 937 shares in the last quarter. Corient Private Wealth LLC boosted its stake in BorgWarner by 10.7% in the 4th quarter. Corient Private Wealth LLC now owns 22,128 shares of the auto parts company’s stock worth $997,000 after purchasing an additional 2,143 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in BorgWarner by 0.6% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 117,587 shares of the auto parts company’s stock valued at $5,298,000 after buying an additional 693 shares in the last quarter. Finally, Beacon Pointe Advisors LLC grew its holdings in BorgWarner by 26.1% during the 4th quarter. Beacon Pointe Advisors LLC now owns 6,444 shares of the auto parts company’s stock valued at $290,000 after buying an additional 1,333 shares in the last quarter. 95.67% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

BWA has been the subject of a number of research reports. Bank of America began coverage on shares of BorgWarner in a research report on Wednesday, March 4th. They set a “neutral” rating for the company. Wolfe Research reiterated an “outperform” rating and issued a $95.00 price target on shares of BorgWarner in a report on Wednesday, June 3rd. Barclays increased their price objective on shares of BorgWarner from $70.00 to $75.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Morgan Stanley lifted their target price on BorgWarner from $60.00 to $67.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 27th. Finally, Deutsche Bank Aktiengesellschaft set a $81.00 target price on BorgWarner in a research report on Tuesday, April 21st. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, BorgWarner has an average rating of “Moderate Buy” and a consensus target price of $74.00.

Insider Buying and Selling at BorgWarner

In related news, VP Stefan Demmerle sold 20,000 shares of BorgWarner stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $59.26, for a total value of $1,185,200.00. Following the completion of the transaction, the vice president owned 213,746 shares in the company, valued at approximately $12,666,587.96. This trade represents a 8.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Joseph F. Fadool sold 29,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $67.31, for a total value of $1,951,990.00. Following the sale, the chief executive officer owned 405,964 shares in the company, valued at approximately $27,325,436.84. This trade represents a 6.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 67,500 shares of company stock worth $4,310,115 in the last 90 days. 0.76% of the stock is currently owned by insiders.

BorgWarner Trading Up 0.2%

Shares of BWA opened at $71.96 on Friday. The company’s fifty day moving average is $64.08 and its 200 day moving average is $55.36. BorgWarner Inc. has a fifty-two week low of $32.24 and a fifty-two week high of $78.82. The stock has a market capitalization of $14.76 billion, a PE ratio of 42.58, a P/E/G ratio of 1.38 and a beta of 1.07. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.75 and a current ratio of 2.13.

BorgWarner (NYSE:BWA) last released its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.24 EPS for the quarter, beating the consensus estimate of $1.16 by $0.08. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The business had revenue of $3.53 billion during the quarter, compared to analyst estimates of $3.50 billion. During the same quarter last year, the business earned $1.11 earnings per share. BorgWarner’s quarterly revenue was up .5% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Sell-side analysts expect that BorgWarner Inc. will post 5.18 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued a $0.17 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.9%. BorgWarner’s dividend payout ratio (DPR) is presently 40.24%.

BorgWarner Company 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.