Swiss Life Asset Management Ltd Buys Shares of 9,922 BorgWarner Inc. $BWA

Swiss Life Asset Management Ltd purchased a new position in shares of BorgWarner Inc. (NYSE:BWA) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 9,922 shares of the auto parts company’s stock, valued at approximately $436,000.

A number of other institutional investors and hedge funds have also modified their holdings of BWA. AQR Capital Management LLC increased its stake in BorgWarner by 119.7% in the 3rd quarter. AQR Capital Management LLC now owns 7,518,776 shares of the auto parts company’s stock valued at $330,525,000 after purchasing an additional 4,095,902 shares in the last quarter. Norges Bank purchased a new stake in BorgWarner during the second quarter worth $110,234,000. Adage Capital Partners GP L.L.C. grew its holdings in BorgWarner by 233.6% in the second quarter. Adage Capital Partners GP L.L.C. now owns 1,111,000 shares of the auto parts company’s stock valued at $37,196,000 after purchasing an additional 778,000 shares during the last quarter. Electron Capital Partners LLC purchased a new position in shares of BorgWarner in the third quarter valued at $31,820,000. Finally, Balyasny Asset Management L.P. purchased a new position in shares of BorgWarner in the second quarter valued at $22,590,000. Institutional investors and hedge funds own 95.67% of the company’s stock.

Insiders Place Their Bets

In other BorgWarner news, EVP Tania Wingfield sold 17,867 shares of the firm’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $63.43, for a total value of $1,133,303.81. Following the sale, the executive vice president directly owned 45,429 shares of the company’s stock, valued at approximately $2,881,561.47. This trade represents a 28.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Stefan Demmerle sold 2,500 shares of BorgWarner stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $53.03, for a total value of $132,575.00. Following the completion of the sale, the vice president owned 233,746 shares of the company’s stock, valued at $12,395,550.38. This trade represents a 1.06% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 78,083 shares of company stock valued at $4,638,585. 0.45% of the stock is currently owned by company insiders.

BorgWarner Trading Up 1.8%

Shares of BWA stock opened at $56.01 on Thursday. The firm has a 50-day moving average price of $53.60 and a 200 day moving average price of $47.49. BorgWarner Inc. has a twelve month low of $24.40 and a twelve month high of $70.08. The company has a market capitalization of $11.54 billion, a price-to-earnings ratio of 44.81, a PEG ratio of 1.12 and a beta of 1.04. 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 (NYSE:BWA) last posted its quarterly earnings data on Wednesday, February 11th. The auto parts company reported $1.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.19. BorgWarner had a net margin of 1.93% and a return on equity of 17.89%. The business had revenue of $3.57 billion during the quarter, compared to analyst estimates of $3.49 billion. During the same quarter in the previous year, the business posted $1.01 earnings per share. The company’s revenue was up 3.9% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Research analysts forecast that BorgWarner Inc. will post 4.28 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.17 per share. The ex-dividend date was Monday, March 2nd. This represents a $0.68 annualized dividend and a dividend yield of 1.2%. BorgWarner’s dividend payout ratio (DPR) is 54.40%.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Bank of America started coverage on shares of BorgWarner in a research report on Wednesday, March 4th. They issued a “neutral” rating on the stock. Weiss Ratings restated a “hold (c)” rating on shares of BorgWarner in a report on Wednesday, January 21st. Robert W. Baird set a $76.00 target price on shares of BorgWarner in a research report on Thursday, February 12th. New Street Research set a $66.00 price target on shares of BorgWarner in a report on Thursday, February 12th. Finally, Barclays increased their price target on shares of BorgWarner from $55.00 to $70.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Eight research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, BorgWarner currently has an average rating of “Moderate Buy” and a consensus target price of $63.77.

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.