Northwestern Mutual Wealth Management Co. Makes New $553,000 Investment in BorgWarner Inc. $BWA

Northwestern Mutual Wealth Management Co. bought a new stake in shares of BorgWarner Inc. (NYSE:BWA) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 8,334 shares of the auto parts company’s stock, valued at approximately $553,000.

Several other large investors also recently modified their holdings of the stock. BlackRock Inc. bought a new position in shares of BorgWarner in the second quarter worth $1,678,187,000. AQR Capital Management LLC grew its stake in BorgWarner by 119.7% during the third quarter. AQR Capital Management LLC now owns 7,518,776 shares of the auto parts company’s stock worth $330,525,000 after buying an additional 4,095,902 shares in the last quarter. William Blair Investment Management LLC acquired a new stake in BorgWarner during the second quarter worth about $251,305,000. Norges Bank bought a new position in BorgWarner in the 4th quarter valued at about $156,794,000. Finally, Bank of New York Mellon Corp bought a new position in BorgWarner in the 2nd quarter valued at about $112,292,000. 95.67% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently weighed in on BWA. Deutsche Bank Aktiengesellschaft set a $80.00 price target on shares of BorgWarner in a report on Thursday, August 6th. JPMorgan Chase & Co. boosted their price objective on shares of BorgWarner from $75.00 to $85.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Wall Street Zen raised BorgWarner from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. Weiss Ratings upgraded BorgWarner from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, June 29th. Finally, Robert W. Baird set a $79.00 price target on BorgWarner in a report on Thursday, August 6th. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, BorgWarner currently has an average rating of “Moderate Buy” and an average price target of $75.93.

Insider Activity

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

BorgWarner Price Performance

Shares of NYSE:BWA opened at $64.66 on Thursday. The company has a market cap of $13.17 billion, a price-to-earnings ratio of 32.33, a PEG ratio of 1.17 and a beta of 1.10. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.13 and a quick ratio of 1.76. The firm has a 50 day simple moving average of $65.89 and a 200 day simple moving average of $61.97. BorgWarner Inc. has a one year low of $40.50 and a one year high of $78.82.

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

BorgWarner Announces Dividend

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

BorgWarner declared that its board has initiated a stock buyback plan on Wednesday, August 5th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the auto parts company to reacquire up to 7.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its shares are undervalued.

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.