60,000 Shares in BorgWarner Inc. $BWA Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System bought a new stake in BorgWarner Inc. (NYSE:BWA) in the first quarter, HoldingsChannel reports. The fund bought 60,000 shares of the auto parts company’s stock, valued at approximately $3,256,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of BWA. Sivia Capital Partners LLC acquired a new position in shares of BorgWarner in the 2nd quarter valued at $339,000. Ethos Capital Management Inc. acquired a new stake in shares of BorgWarner during the 4th quarter worth $1,433,000. Natixis Advisors LLC raised its position in shares of BorgWarner by 9.0% in the 3rd quarter. Natixis Advisors LLC now owns 824,045 shares of the auto parts company’s stock worth $36,225,000 after buying an additional 67,990 shares during the period. Northwestern Mutual Investment Management Company LLC acquired a new position in BorgWarner in the fourth quarter valued at $2,157,000. Finally, CWA Asset Management Group LLC grew its position in BorgWarner by 62.3% during the fourth quarter. CWA Asset Management Group LLC now owns 85,131 shares of the auto parts company’s stock valued at $3,836,000 after acquiring an additional 32,672 shares during the period. Institutional investors and hedge funds own 95.67% of the company’s stock.

BorgWarner Price Performance

BWA stock opened at $68.25 on Friday. The firm has a market cap of $14.00 billion, a P/E ratio of 40.39, a price-to-earnings-growth ratio of 1.30 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 Inc. has a 1 year low of $33.13 and a 1 year high of $78.82. The stock has a 50-day simple moving average of $65.68 and a 200-day simple moving average of $56.29.

BorgWarner (NYSE:BWA) last released its quarterly earnings results on Wednesday, May 6th. The auto parts company reported $1.24 EPS for the quarter, topping the consensus estimate of $1.16 by $0.08. The firm had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.50 billion. BorgWarner had a return on equity of 18.36% and a net margin of 2.53%.BorgWarner’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the company posted $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, equities analysts predict that BorgWarner Inc. will post 5.18 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Monday, June 1st. BorgWarner’s payout ratio is presently 40.24%.

Insider Activity

In other BorgWarner news, VP Stefan Demmerle sold 20,000 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $59.26, for a total value of $1,185,200.00. Following the transaction, the vice president owned 213,746 shares in the company, valued at $12,666,587.96. The trade was a 8.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Tania Wingfield sold 5,000 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $63.24, for a total transaction of $316,200.00. Following the completion of the transaction, the executive vice president directly owned 35,365 shares of the company’s stock, valued at approximately $2,236,482.60. The trade was a 12.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 67,500 shares of company stock valued at $4,310,115 over the last ninety days. 0.76% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have commented on BWA shares. The Goldman Sachs Group restated a “buy” rating and set a $84.00 price target on shares of BorgWarner in a research note on Thursday, June 11th. Barclays boosted their target price on BorgWarner from $70.00 to $75.00 and gave the stock an “overweight” rating in a report on Thursday, May 7th. Wall Street Zen upgraded shares of BorgWarner from a “hold” rating to a “buy” rating in a report on Saturday. JPMorgan Chase & Co. lifted their price target on shares of BorgWarner from $73.00 to $75.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Finally, UBS Group upgraded shares of BorgWarner from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $61.00 to $95.00 in a research note on Wednesday, June 10th. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $74.00.

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.