BorgWarner Inc. $BWA Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System cut its stake in BorgWarner Inc. (NYSE:BWA) by 3.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 207,362 shares of the auto parts company’s stock after selling 8,362 shares during the period. New York State Teachers Retirement System’s holdings in BorgWarner were worth $11,251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Ethos Capital Management Inc. purchased a new position in shares of BorgWarner during the 4th quarter worth $1,433,000. Sivia Capital Partners LLC purchased a new stake in shares of BorgWarner in the second quarter valued at about $339,000. Natixis Advisors LLC increased its position in BorgWarner by 9.0% during the third quarter. Natixis Advisors LLC now owns 824,045 shares of the auto parts company’s stock worth $36,225,000 after purchasing an additional 67,990 shares during the last quarter. Northwestern Mutual Investment Management Company LLC acquired a new stake in BorgWarner during the fourth quarter worth about $2,157,000. Finally, CWA Asset Management Group LLC raised its stake in BorgWarner by 62.3% during the fourth quarter. CWA Asset Management Group LLC now owns 85,131 shares of the auto parts company’s stock worth $3,836,000 after purchasing an additional 32,672 shares during the period. Institutional investors and hedge funds own 95.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. The Goldman Sachs Group reiterated a “buy” rating and issued a $84.00 target price on shares of BorgWarner in a report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft set a $81.00 price target on shares of BorgWarner in a report on Tuesday, April 21st. Wolfe Research reiterated an “outperform” rating and issued a $95.00 price objective on shares of BorgWarner in a report on Wednesday, June 3rd. Wall Street Zen upgraded BorgWarner from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Finally, Morgan Stanley raised their target price on BorgWarner from $60.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 27th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $74.00.

BorgWarner Stock Performance

NYSE:BWA opened at $63.52 on Monday. BorgWarner Inc. has a fifty-two week low of $34.27 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 company has a 50 day moving average price of $66.65 and a 200 day moving average price of $57.12. The stock has a market capitalization of $13.03 billion, a P/E ratio of 37.59, a PEG ratio of 1.22 and a beta of 1.09.

BorgWarner (NYSE:BWA) last announced its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analyst estimates of $3.50 billion. During the same quarter in the previous year, the company earned $1.11 earnings per share. The firm’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 research analysts forecast that BorgWarner Inc. will post 5.18 EPS for the current year.

BorgWarner Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.68 annualized dividend and a yield of 1.1%. BorgWarner’s dividend payout ratio is presently 40.24%.

Insider Transactions at BorgWarner

In related news, EVP Tania Wingfield sold 5,000 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $63.24, for a total transaction of $316,200.00. Following the completion of the transaction, the executive vice president directly owned 35,365 shares in the company, valued at $2,236,482.60. This trade represents a 12.39% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Joseph F. Fadool sold 29,000 shares of BorgWarner stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $67.31, for a total value of $1,951,990.00. Following the completion of the transaction, the chief executive officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 67,500 shares of company stock worth $4,310,115 in the last 90 days. Insiders own 0.76% of the company’s stock.

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.