9,212 Shares in BorgWarner Inc. $BWA Bought by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC acquired a new stake in BorgWarner Inc. (NYSE:BWA) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 9,212 shares of the auto parts company’s stock, valued at approximately $612,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Clearstead Trust LLC acquired a new position in shares of BorgWarner during the 2nd quarter worth about $28,000. Prosperity Bancshares Inc bought a new stake in shares of BorgWarner in the 4th quarter valued at about $37,000. Ceredex Value Advisors LLC acquired a new stake in shares of BorgWarner in the 2nd quarter valued at approximately $40,000. Torren Management LLC acquired a new stake in BorgWarner during the 4th quarter worth $48,000. Finally, Cedar Mountain Advisors LLC acquired a new stake in BorgWarner during the 1st quarter worth $55,000. Institutional investors and hedge funds own 95.67% of the company’s stock.

Analyst Ratings Changes

BWA has been the subject of several recent analyst reports. Wolfe Research restated an “outperform” rating and issued a $95.00 price target on shares of BorgWarner in a report on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft set a $80.00 price objective on BorgWarner in a research report on Thursday, August 6th. Sanford C. Bernstein raised BorgWarner to a “buy” rating in a research note on Wednesday, June 10th. Barclays raised their target price on shares of BorgWarner from $83.00 to $85.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Finally, JPMorgan Chase & Co. lifted their price target on shares of BorgWarner from $75.00 to $85.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Nine investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $75.93.

Insider Buying and Selling

In related news, Director Rajesh Kalathur acquired 7,407 shares of the business’s stock in a transaction dated Wednesday, August 19th. The stock was bought at an average price of $67.59 per share, with a total value of $500,639.13. Following the acquisition, the director owned 7,407 shares in the company, valued at $500,639.13. This represents a ? increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Amy B. Kulikowski sold 2,900 shares of the firm’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $68.60, for a total transaction of $198,940.00. Following the completion of the transaction, the chief accounting officer directly owned 9,725 shares of the company’s stock, valued at $667,135. This represents a 22.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.76% of the stock is owned by company insiders.

BorgWarner Stock Down 5.1%

BorgWarner stock opened at $64.33 on Tuesday. The company has a current ratio of 2.13, a quick ratio of 1.76 and a debt-to-equity ratio of 0.67. BorgWarner Inc. has a 1-year low of $40.50 and a 1-year high of $78.82. The company has a fifty day simple moving average of $66.16 and a 200 day simple moving average of $61.77. The company has a market cap of $13.10 billion, a P/E ratio of 32.16, a price-to-earnings-growth ratio of 1.22 and a beta of 1.10.

BorgWarner (NYSE:BWA) last posted its quarterly earnings data on Wednesday, August 5th. The auto parts company reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.14. The company had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $3.58 billion. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. The company’s quarterly revenue was up .3% on a year-over-year basis. During the same period in the prior year, the business posted $1.21 EPS. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. Research analysts anticipate that BorgWarner Inc. will post 5.19 earnings per share for the current fiscal year.

BorgWarner Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Tuesday, September 1st. BorgWarner’s dividend payout ratio (DPR) is currently 34.00%.

BorgWarner declared that its Board of Directors has approved a share repurchase plan on Wednesday, August 5th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the auto parts company to buy up to 7.7% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

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.