Commerce Bank Acquires Shares of 20,385 BorgWarner Inc. $BWA

Commerce Bank acquired a new stake in BorgWarner Inc. (NYSE:BWA) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 20,385 shares of the auto parts company’s stock, valued at approximately $1,354,000.

Other hedge funds also recently modified their holdings of the company. Clearstead Trust LLC bought a new stake in shares of BorgWarner during the 2nd quarter worth about $28,000. Prosperity Bancshares Inc bought a new position in BorgWarner in the 4th quarter valued at about $37,000. Ceredex Value Advisors LLC bought a new position in BorgWarner in the 2nd quarter valued at about $40,000. Torren Management LLC acquired a new stake in BorgWarner during the fourth quarter worth approximately $48,000. Finally, Cedar Mountain Advisors LLC acquired a new stake in BorgWarner during the first quarter worth approximately $55,000. Institutional investors and hedge funds own 95.67% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on BWA. Wall Street Zen raised BorgWarner from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Wells Fargo & Company lifted their price target on BorgWarner from $68.00 to $83.00 and gave the stock an “overweight” rating in a report on Tuesday, June 2nd. The Goldman Sachs Group restated a “buy” rating and issued a $84.00 price target on shares of BorgWarner in a research note on Thursday, June 11th. Morgan Stanley upped their price objective on BorgWarner from $67.00 to $71.00 and gave the company an “equal weight” rating in a report on Thursday, August 6th. Finally, TD Cowen increased their price objective on BorgWarner from $67.00 to $68.00 and gave the stock a “hold” rating in a research report on Thursday, August 6th. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, BorgWarner presently has an average rating of “Moderate Buy” and a consensus target price of $75.93.

Insider Activity at BorgWarner

In related news, CAO Amy B. Kulikowski sold 2,900 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $68.60, for a total value of $198,940.00. Following the sale, the chief accounting officer owned 9,725 shares of the company’s stock, valued at $667,135. The trade was a 22.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Rajesh Kalathur purchased 7,407 shares of BorgWarner stock in a transaction on Wednesday, August 19th. The stock was bought at an average price of $67.59 per share, for a total transaction of $500,639.13. Following the transaction, the director directly owned 7,407 shares in the company, valued at approximately $500,639.13. The trade was a ? increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.76% of the company’s stock.

BorgWarner Stock Performance

NYSE BWA opened at $65.07 on Wednesday. The company has a quick ratio of 1.76, a current ratio of 2.13 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $13.25 billion, a P/E ratio of 32.54, a P/E/G ratio of 1.16 and a beta of 1.10. BorgWarner Inc. has a 12-month low of $40.50 and a 12-month high of $78.82. The firm has a 50-day moving average price of $66.01 and a two-hundred day moving average price of $61.87.

BorgWarner (NYSE:BWA) last announced its earnings results on Wednesday, August 5th. The auto parts company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.28 by $0.14. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. The company had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $3.58 billion. During the same period last year, the firm earned $1.21 earnings per share. The business’s revenue for the quarter was up .3% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. Analysts anticipate that BorgWarner Inc. will post 5.19 earnings per share for the current year.

BorgWarner Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid 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 is Tuesday, September 1st. BorgWarner’s dividend payout ratio (DPR) is presently 34.00%.

BorgWarner declared that its Board of Directors has initiated a share buyback program on Wednesday, August 5th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the auto parts company to reacquire up to 7.7% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.

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.