BorgWarner (NYSE:BWA) EVP Tania Wingfield Sells 5,000 Shares

BorgWarner Inc. (NYSE:BWA) EVP Tania Wingfield sold 5,000 shares of the firm’s stock in a transaction that occurred on 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 sale, the executive vice president directly owned 35,365 shares in the company, valued at approximately $2,236,482.60. This trade represents a 12.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Tania Wingfield also recently made the following trade(s):

• On Friday, February 13th, Tania Wingfield sold 17,867 shares of BorgWarner stock. The shares were sold at an average price of $63.43, for a total transaction of $1,133,303.81.

BorgWarner Stock Up 1.1%

Shares of NYSE:BWA opened at $63.83 on Wednesday. The firm’s 50 day moving average price is $54.66 and its 200 day moving average price is $50.26. The stock has a market cap of $13.09 billion, a price-to-earnings ratio of 37.77, a price-to-earnings-growth ratio of 1.30 and a beta of 1.00. BorgWarner Inc. has a fifty-two week low of $31.83 and a fifty-two week high of $70.08. The company has a quick ratio of 1.75, a current ratio of 2.13 and a debt-to-equity ratio of 0.69.

BorgWarner (NYSE:BWA) last issued its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.08. The firm had revenue of $3.53 billion for the quarter, compared to analysts’ expectations of $3.50 billion. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The firm’s revenue was up .5% compared to the same quarter last year. During the same quarter last year, the company earned $1.11 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, equities research analysts predict that BorgWarner Inc. will post 5.13 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.1%. The ex-dividend date is Monday, June 1st. BorgWarner’s dividend payout ratio is currently 40.24%.

Analysts Set New Price Targets

Several equities analysts have commented on BWA shares. Evercore reiterated an “outperform” rating and issued a $75.00 price target on shares of BorgWarner in a research note on Tuesday, February 17th. JPMorgan Chase & Co. dropped their price target on shares of BorgWarner to $73.00 and set an “overweight” rating on the stock in a research note on Thursday, April 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of BorgWarner in a research note on Monday, April 20th. Robert W. Baird set a $76.00 price target on shares of BorgWarner in a research note on Thursday, February 12th. Finally, Barclays increased their price target on shares of BorgWarner from $70.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Seven equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $67.50.

Hedge Funds Weigh In On BorgWarner

A number of hedge funds have recently modified their holdings of BWA. AQR Capital Management LLC grew its position in shares of BorgWarner by 119.7% during the third quarter. AQR Capital Management LLC now owns 7,518,776 shares of the auto parts company’s stock worth $330,525,000 after acquiring an additional 4,095,902 shares during the last quarter. Norges Bank purchased a new position in shares of BorgWarner during the fourth quarter worth approximately $156,794,000. Millennium Management LLC grew its position in shares of BorgWarner by 94.5% during the fourth quarter. Millennium Management LLC now owns 2,100,815 shares of the auto parts company’s stock worth $94,663,000 after acquiring an additional 1,020,726 shares during the last quarter. SEB Asset Management AB purchased a new position in shares of BorgWarner during the first quarter worth approximately $50,930,000. Finally, Adage Capital Partners GP L.L.C. grew its position in shares of BorgWarner by 233.6% during the second quarter. Adage Capital Partners GP L.L.C. now owns 1,111,000 shares of the auto parts company’s stock worth $37,196,000 after acquiring an additional 778,000 shares during the last quarter. 95.67% of the stock is currently owned by hedge funds and other institutional investors.

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.