BorgWarner (NYSE:BWA) Price Target Raised to $75.00

BorgWarner (NYSE:BWA) had its price target raised by JPMorgan Chase & Co. from $73.00 to $75.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the auto parts company’s stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 8.51% from the company’s current price.

Other research analysts also recently issued reports about the company. Wells Fargo & Company reduced their price objective on BorgWarner to $68.00 and set an “overweight” rating for the company in a research note on Tuesday, March 31st. Evercore restated an “outperform” rating and issued a $75.00 price objective on shares of BorgWarner in a report on Tuesday, February 17th. UBS Group upped their target price on shares of BorgWarner from $56.00 to $61.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Morgan Stanley set a $60.00 target price on shares of BorgWarner in a report on Thursday, February 12th. Finally, Robert W. Baird set a $76.00 target price on shares of BorgWarner in a report on Thursday, February 12th. Seven 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, BorgWarner presently has a consensus rating of “Moderate Buy” and an average target price of $67.64.

BorgWarner Price Performance

Shares of BorgWarner stock traded up $2.25 on Thursday, reaching $69.12. The company’s stock had a trading volume of 1,635,435 shares, compared to its average volume of 2,809,627. The company has a market capitalization of $14.18 billion, a P/E ratio of 40.98, a PEG ratio of 1.23 and a beta of 1.00. BorgWarner has a 52-week low of $31.83 and a 52-week high of $70.31. The stock has a 50-day moving average price of $54.88 and a 200-day moving average price of $50.42. 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 posted its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.08. The business had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $3.50 billion. BorgWarner had a return on equity of 18.36% and a net margin of 2.53%.The business’s revenue was up .5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.11 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Analysts expect that BorgWarner will post 5.15 EPS for the current year.

Insider Buying and Selling

In other BorgWarner news, EVP Tonit M. Calaway sold 14,021 shares of the company’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $51.46, for a total value of $721,520.66. Following the completion of the sale, the executive vice president directly owned 204,913 shares in the company, valued at $10,544,822.98. This represents a 6.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Tania Wingfield sold 5,000 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $63.24, for a total value of $316,200.00. Following the completion of the sale, the executive vice president 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. The SEC filing for this sale provides additional information. Insiders sold 111,583 shares of company stock worth $6,671,710 over the last quarter. Corporate insiders own 0.76% of the company’s stock.

Institutional Trading of BorgWarner

Several large investors have recently added to or reduced their stakes in the stock. Inspire Investing LLC grew its holdings in BorgWarner by 2.8% in the 4th quarter. Inspire Investing LLC now owns 7,223 shares of the auto parts company’s stock valued at $325,000 after buying an additional 195 shares in the last quarter. Lazard Asset Management LLC grew its holdings in BorgWarner by 1.0% in the 4th quarter. Lazard Asset Management LLC now owns 21,719 shares of the auto parts company’s stock valued at $979,000 after buying an additional 206 shares in the last quarter. Arjuna Capital grew its holdings in BorgWarner by 0.6% in the 4th quarter. Arjuna Capital now owns 34,932 shares of the auto parts company’s stock valued at $1,574,000 after buying an additional 215 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its holdings in BorgWarner by 3.2% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 7,064 shares of the auto parts company’s stock valued at $383,000 after buying an additional 216 shares in the last quarter. Finally, Quadrant Capital Group LLC grew its holdings in BorgWarner by 0.7% in the 4th quarter. Quadrant Capital Group LLC now owns 34,538 shares of the auto parts company’s stock valued at $1,556,000 after buying an additional 246 shares in 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.