BorgWarner Inc. (NYSE:BWA) Receives Average Rating of “Moderate Buy” from Analysts

Shares of BorgWarner Inc. (NYSE:BWA) have been assigned an average recommendation of “Moderate Buy” from the fifteen brokerages that are currently covering the stock, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $74.00.

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of BorgWarner from $73.00 to $75.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Bank of America assumed coverage on shares of BorgWarner in a report on Wednesday, March 4th. They issued a “neutral” rating for the company. TD Cowen upped their target price on shares of BorgWarner from $66.00 to $67.00 and gave the company a “hold” rating in a report on Thursday, May 7th. Barclays upped their target price on shares of BorgWarner from $70.00 to $75.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of BorgWarner in a report on Monday, April 20th.

Insider Activity at BorgWarner

In other news, 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 transaction, the executive vice president owned 35,365 shares in the company, valued at approximately $2,236,482.60. This represents a 12.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Joseph F. Fadool sold 29,000 shares of the stock in a transaction on 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 of the company’s stock, valued at approximately $27,325,436.84. This represents a 6.67% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 67,500 shares of company stock worth $4,310,115. Corporate insiders own 0.76% of the company’s stock.

Institutional Trading of BorgWarner

A number of large investors have recently bought and sold shares of BWA. AQR Capital Management LLC boosted its stake in BorgWarner by 119.7% during the 3rd quarter. AQR Capital Management LLC now owns 7,518,776 shares of the auto parts company’s stock worth $330,525,000 after purchasing an additional 4,095,902 shares during the period. Norges Bank acquired a new stake in BorgWarner during the 4th quarter worth $156,794,000. Millennium Management LLC boosted its stake in 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 period. SEB Asset Management AB acquired a new stake in BorgWarner during the 1st quarter worth $50,930,000. Finally, Adage Capital Partners GP L.L.C. lifted its stake in shares of BorgWarner by 233.6% in 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 acquiring an additional 778,000 shares during the period. Institutional investors and hedge funds own 95.67% of the company’s stock.

BorgWarner Trading Down 1.8%

Shares of NYSE:BWA opened at $68.25 on Monday. BorgWarner has a 52 week low of $33.13 and a 52 week high of $78.82. The company’s 50 day moving average is $65.68 and its two-hundred day moving average is $56.29. The company has a current ratio of 2.13, a quick ratio of 1.75 and a debt-to-equity ratio of 0.69. The company has a market cap of $14.00 billion, a PE ratio of 40.39, a P/E/G ratio of 1.33 and a beta of 1.07.

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

BorgWarner Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a $0.17 dividend. The ex-dividend date was Monday, June 1st. This represents a $0.68 annualized dividend and a dividend yield of 1.0%. BorgWarner’s dividend payout ratio is presently 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.