BorgWarner Inc. (BWA) to Issue Quarterly Dividend of $0.17 on June 15th

BorgWarner Inc. (NYSE:BWA) declared a quarterly dividend on Wednesday, April 29th. Shareholders of record on Monday, June 1st will be paid a dividend of 0.17 per share by the auto parts company on Monday, June 15th. This represents a c) annualized dividend and a yield of 0.9%. The ex-dividend date is Monday, June 1st.

BorgWarner has decreased its dividend by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 1 years. BorgWarner has a dividend payout ratio of 14.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect BorgWarner to earn $5.76 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 11.8%.

BorgWarner Trading Up 0.9%

Shares of BWA opened at $71.93 on Friday. The stock has a fifty day moving average price of $58.16 and a two-hundred day moving average price of $52.24. 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 has a 52-week low of $31.83 and a 52-week high of $73.88. The company has a market cap of $14.75 billion, a price-to-earnings ratio of 42.56, a PEG ratio of 1.37 and a beta of 1.00.

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on BWA. The Goldman Sachs Group upped their price target on BorgWarner from $54.00 to $78.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. JPMorgan Chase & Co. upped their price target on BorgWarner from $73.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Wall Street Zen lowered BorgWarner from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. Wells Fargo & Company cut their price target on BorgWarner to $68.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 31st. Finally, Morgan Stanley upped their price target on BorgWarner from $60.00 to $67.00 and gave the company an “equal weight” rating in a research note on Wednesday. Seven equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $68.14.

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.