BorgWarner Inc. $BWA Shares Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC increased its position in shares of BorgWarner Inc. (NYSE:BWA) by 39.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,403,488 shares of the auto parts company’s stock after purchasing an additional 397,926 shares during the quarter. Hsbc Holdings PLC’s holdings in BorgWarner were worth $63,563,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its position in BorgWarner by 119.7% in the third 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 during the period. Norges Bank purchased a new position in shares of BorgWarner during the 4th quarter worth $156,794,000. Millennium Management LLC increased its position in shares of BorgWarner by 94.5% during the 4th quarter. Millennium Management LLC now owns 2,100,815 shares of the auto parts company’s stock worth $94,663,000 after purchasing an additional 1,020,726 shares during the last quarter. Adage Capital Partners GP L.L.C. increased its position in shares of BorgWarner by 233.6% during the 2nd 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 purchasing an additional 778,000 shares during the last quarter. Finally, Electron Capital Partners LLC purchased a new stake in BorgWarner in the 3rd quarter valued at about $31,820,000. 95.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other BorgWarner news, CEO Joseph F. Fadool sold 29,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $67.31, for a total transaction of $1,951,990.00. Following the sale, the chief executive officer owned 405,964 shares in the company, valued at $27,325,436.84. This represents a 6.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Stefan Demmerle sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $65.00, for a total transaction of $325,000.00. Following the sale, the vice president owned 203,746 shares in the company, valued at $13,243,490. The trade was a 2.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 67,500 shares of company stock valued at $4,310,115 in the last three months. 0.76% of the stock is currently owned by insiders.

BorgWarner Trading Up 1.0%

NYSE BWA opened at $72.58 on Tuesday. The firm has a 50 day simple moving average of $64.44 and a 200-day simple moving average of $55.65. 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 Inc. has a one year low of $32.24 and a one year high of $78.82. The firm has a market cap of $14.89 billion, a price-to-earnings ratio of 42.95, a PEG ratio of 1.38 and a beta of 1.07.

BorgWarner (NYSE:BWA) last announced its earnings results 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 firm had revenue of $3.53 billion for the quarter, compared to the consensus estimate of $3.50 billion. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The firm’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.11 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Equities research analysts anticipate that BorgWarner Inc. will post 5.18 EPS for the current fiscal year.

BorgWarner Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.9%. BorgWarner’s dividend payout ratio is currently 40.24%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on BWA shares. Morgan Stanley increased their target price on shares of BorgWarner from $60.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 27th. Bank of America started coverage on shares of BorgWarner in a report on Wednesday, March 4th. They issued a “neutral” rating on the stock. Wolfe Research reiterated an “outperform” rating and issued a $95.00 target price on shares of BorgWarner in a report on Wednesday, June 3rd. JPMorgan Chase & Co. boosted their target price on BorgWarner from $73.00 to $75.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Finally, UBS Group upgraded BorgWarner from a “neutral” rating to a “buy” rating and upped their price target for the stock from $61.00 to $95.00 in a research note on Wednesday, June 10th. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $74.00.

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.