Natixis Advisors LLC lowered its position in shares of BorgWarner Inc. (NYSE:BWA – Free Report) by 2.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 806,926 shares of the auto parts company’s stock after selling 17,119 shares during the quarter. Natixis Advisors LLC’s holdings in BorgWarner were worth $36,360,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Savant Capital LLC increased its holdings in shares of BorgWarner by 130.4% in the third quarter. Savant Capital LLC now owns 72,427 shares of the auto parts company’s stock valued at $3,184,000 after purchasing an additional 40,993 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of BorgWarner in the second quarter valued at approximately $339,000. Caprock Group LLC acquired a new stake in shares of BorgWarner in the third quarter valued at approximately $1,244,000. Ethos Capital Management Inc. acquired a new stake in shares of BorgWarner in the fourth quarter valued at approximately $1,433,000. Finally, Northwestern Mutual Investment Management Company LLC acquired a new stake in shares of BorgWarner in the fourth quarter valued at approximately $2,157,000. Institutional investors and hedge funds own 95.67% of the company’s stock.
Insider Buying and Selling at BorgWarner
In other news, EVP Paul Arthur Farrell sold 12,012 shares of the firm’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $52.31, for a total transaction of $628,347.72. Following the completion of the transaction, the executive vice president directly owned 38,238 shares in the company, valued at $2,000,229.78. This trade represents a 23.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Joseph F. Fadool sold 29,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $67.31, for a total value of $1,951,990.00. Following the transaction, the chief executive officer owned 405,964 shares of the company’s stock, valued at approximately $27,325,436.84. This represents a 6.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 96,033 shares of company stock valued at $5,792,558. Corporate insiders own 0.76% of the company’s stock.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on BorgWarner
BorgWarner Trading Up 0.6%
Shares of BorgWarner stock opened at $77.03 on Friday. The firm has a market capitalization of $15.80 billion, a price-to-earnings ratio of 45.58, a PEG ratio of 1.47 and a beta of 1.07. BorgWarner Inc. has a fifty-two week low of $31.83 and a fifty-two week high of $78.82. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.75 and a current ratio of 2.13. The stock has a 50 day moving average of $59.86 and a 200 day moving average of $53.11.
BorgWarner (NYSE:BWA – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.08. The company had revenue of $3.53 billion during the quarter, compared to analyst estimates of $3.50 billion. BorgWarner had a return on equity of 18.36% and a net margin of 2.53%.The firm’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the prior year, the business posted $1.11 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, research analysts predict that BorgWarner Inc. will post 5.18 earnings per share for the current year.
BorgWarner Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Monday, June 1st. BorgWarner’s dividend payout ratio (DPR) is currently 40.24%.
About BorgWarner
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.
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