Wealth Enhancement Advisory Services LLC Has $6.04 Million Holdings in BorgWarner Inc. $BWA

Wealth Enhancement Advisory Services LLC raised its position in BorgWarner Inc. (NYSE:BWA) by 60.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 142,593 shares of the auto parts company’s stock after purchasing an additional 53,537 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.07% of BorgWarner worth $6,043,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of BWA. Caitong International Asset Management Co. Ltd lifted its position in shares of BorgWarner by 1,133.3% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the auto parts company’s stock worth $26,000 after purchasing an additional 714 shares during the period. Assetmark Inc. raised its holdings in BorgWarner by 81.8% during the second quarter. Assetmark Inc. now owns 809 shares of the auto parts company’s stock worth $27,000 after buying an additional 364 shares during the last quarter. Addison Advisors LLC lifted its position in BorgWarner by 1,647.8% in the 2nd quarter. Addison Advisors LLC now owns 804 shares of the auto parts company’s stock valued at $27,000 after acquiring an additional 758 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in shares of BorgWarner in the second quarter valued at approximately $32,000. Finally, Trust Co. of Vermont boosted its holdings in BorgWarner by 55,000.0% during the 2nd quarter. Trust Co. of Vermont now owns 1,102 shares of the auto parts company’s stock worth $37,000 after acquiring an additional 1,100 shares during the last quarter. Institutional investors and hedge funds own 95.67% of the company’s stock.

Analyst Ratings Changes

BWA has been the subject of several research reports. JPMorgan Chase & Co. increased their price target on shares of BorgWarner from $45.00 to $53.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Evercore ISI increased their price target on shares of BorgWarner from $50.00 to $53.00 and gave the stock an “outperform” rating in a report on Monday, November 24th. UBS Group boosted their target price on BorgWarner from $46.00 to $49.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Weiss Ratings reissued a “hold (c)” rating on shares of BorgWarner in a report on Wednesday. Finally, Morgan Stanley reissued an “equal weight” rating and set a $49.00 price objective (up from $42.00) on shares of BorgWarner in a report on Monday, December 8th. Eight analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $47.31.

Insider Transactions at BorgWarner

In other BorgWarner news, VP Isabelle Mckenzie sold 3,200 shares of BorgWarner stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $44.23, for a total value of $141,536.00. Following the completion of the transaction, the vice president directly owned 43,555 shares of the company’s stock, valued at approximately $1,926,437.65. The trade was a 6.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Stefan Demmerle sold 15,000 shares of the stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $45.52, for a total transaction of $682,800.00. Following the sale, the vice president owned 209,040 shares in the company, valued at approximately $9,515,500.80. The trade was a 6.70% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 23,200 shares of company stock worth $1,054,336. 0.63% of the stock is currently owned by company insiders.

BorgWarner Stock Performance

Shares of BWA opened at $47.71 on Monday. The firm has a market capitalization of $10.21 billion, a PE ratio of 75.73, a price-to-earnings-growth ratio of 0.96 and a beta of 1.06. The company has a 50-day simple moving average of $45.17 and a two-hundred day simple moving average of $42.87. BorgWarner Inc. has a one year low of $24.40 and a one year high of $48.93. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.05 and a quick ratio of 1.69.

BorgWarner (NYSE:BWA) last announced its quarterly earnings data on Thursday, October 30th. The auto parts company reported $1.24 EPS for the quarter, beating the consensus estimate of $1.16 by $0.08. The business had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.58 billion. BorgWarner had a return on equity of 16.72% and a net margin of 0.94%.The company’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.09 earnings per share. BorgWarner has set its FY 2025 guidance at 4.600-4.750 EPS. On average, analysts anticipate that BorgWarner Inc. will post 4.28 EPS for the current fiscal year.

BorgWarner Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, December 1st. BorgWarner’s payout ratio is currently 107.94%.

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.