Power Wealth Management LLC Reduces Stock Holdings in BorgWarner Inc. $BWA

Power Wealth Management LLC cut its position in shares of BorgWarner Inc. (NYSE:BWA) by 22.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,571 shares of the auto parts company’s stock after selling 9,033 shares during the period. BorgWarner makes up 0.7% of Power Wealth Management LLC’s holdings, making the stock its 20th biggest holding. Power Wealth Management LLC’s holdings in BorgWarner were worth $2,096,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Clearstead Trust LLC purchased a new stake in shares of BorgWarner in the 2nd quarter valued at approximately $28,000. Prosperity Bancshares Inc purchased a new stake in shares of BorgWarner during the 4th quarter valued at approximately $37,000. Ceredex Value Advisors LLC acquired a new position in BorgWarner in the second quarter valued at approximately $40,000. Fiduciary Financial Advisors acquired a new position in BorgWarner in the second quarter valued at approximately $49,000. Finally, Cedar Mountain Advisors LLC purchased a new position in BorgWarner in the first quarter worth approximately $55,000. 95.67% of the stock is currently owned by institutional investors and hedge funds.

BorgWarner Price Performance

BWA opened at $65.75 on Friday. The stock’s 50-day moving average price is $65.16 and its 200 day moving average price is $62.20. BorgWarner Inc. has a 12-month low of $40.50 and a 12-month high of $78.82. The firm has a market cap of $13.39 billion, a price-to-earnings ratio of 32.88, a PEG ratio of 1.17 and a beta of 1.12. 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 (NYSE:BWA) last issued its quarterly earnings results on Wednesday, August 5th. The auto parts company reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.14. The company had revenue of $3.65 billion for the quarter, compared to analyst estimates of $3.58 billion. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. The business’s revenue for the quarter was up .3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.21 earnings per share. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. As a group, sell-side analysts expect that BorgWarner Inc. will post 5.2 earnings per share for the current year.

BorgWarner Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.0%. 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 of Directors has initiated a stock repurchase plan on Wednesday, August 5th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the auto parts company to buy up to 7.7% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. raised their target price on BorgWarner from $75.00 to $85.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Wolfe Research reiterated an “outperform” rating and set a $95.00 price target on shares of BorgWarner in a report on Wednesday, June 3rd. UBS Group raised BorgWarner from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $61.00 to $95.00 in a research report on Wednesday, June 10th. Barclays boosted their price objective on shares of BorgWarner from $83.00 to $85.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Finally, Royal Bank Of Canada assumed coverage on shares of BorgWarner in a research report on Monday. They issued an “outperform” rating and a $87.00 target price on the stock. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, BorgWarner has an average rating of “Moderate Buy” and an average price target of $76.67.

Insiders Place Their Bets

In other BorgWarner news, Director Michael Hanley sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $65.51, for a total value of $327,550.00. Following the completion of the transaction, the director owned 34,313 shares of the company’s stock, valued at $2,247,844.63. This trade represents a 12.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Rajesh Kalathur purchased 7,407 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was acquired at an average price of $67.59 per share, with a total value of $500,639.13. Following the purchase, the director owned 7,407 shares of the company’s stock, valued at approximately $500,639.13. This represents a ? increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.76% of the stock is owned by company insiders.

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.