BorgWarner (NYSE:BWA) EVP Tonit Calaway Sells 9,725 Shares of Stock

BorgWarner Inc. (NYSE:BWA) EVP Tonit Calaway sold 9,725 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $62.61, for a total value of $608,882.25. Following the completion of the sale, the executive vice president owned 230,526 shares in the company, valued at approximately $14,433,232.86. This represents a 4.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

BorgWarner Price Performance

BWA stock traded down $1.69 during trading on Friday, hitting $58.62. The company had a trading volume of 1,878,041 shares, compared to its average volume of 3,062,652. The company has a fifty day moving average price of $49.62 and a two-hundred day moving average price of $45.29. BorgWarner Inc. has a fifty-two week low of $24.40 and a fifty-two week high of $70.08. The company has a market cap of $12.14 billion, a P/E ratio of 46.97, a P/E/G ratio of 1.24 and a beta of 1.09. The company has a current ratio of 2.07, a quick ratio of 1.70 and a debt-to-equity ratio of 0.69.

BorgWarner (NYSE:BWA) last issued its quarterly earnings data on Wednesday, February 11th. The auto parts company reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.19. BorgWarner had a return on equity of 17.89% and a net margin of 1.93%.The company had revenue of $3.57 billion during the quarter, compared to analysts’ expectations of $3.49 billion. During the same period last year, the business earned $1.01 earnings per share. The business’s revenue was up 3.9% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Equities research analysts expect that BorgWarner Inc. will post 4.28 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Monday, March 2nd. BorgWarner’s dividend payout ratio is currently 54.40%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of BorgWarner in a report on Wednesday, January 21st. Evercore reiterated an “outperform” rating and issued a $75.00 price objective on shares of BorgWarner in a research report on Tuesday. JPMorgan Chase & Co. increased their target price on BorgWarner from $56.00 to $76.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. TD Cowen reaffirmed a “hold” rating on shares of BorgWarner in a report on Thursday, February 12th. Finally, Barclays increased their price objective on shares of BorgWarner from $55.00 to $70.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Eight equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $59.14.

Institutional Investors Weigh In On BorgWarner

Institutional investors have recently modified their holdings of the business. Acadian Asset Management LLC boosted its stake in BorgWarner by 23.7% in the first quarter. Acadian Asset Management LLC now owns 8,979 shares of the auto parts company’s stock valued at $257,000 after acquiring an additional 1,723 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of BorgWarner in the 2nd quarter valued at $339,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of BorgWarner in the 2nd quarter worth $2,283,000. Chicago Partners Investment Group LLC bought a new position in shares of BorgWarner in the 2nd quarter worth $362,000. Finally, DekaBank Deutsche Girozentrale grew its stake in shares of BorgWarner by 50.2% during the second quarter. DekaBank Deutsche Girozentrale now owns 48,466 shares of the auto parts company’s stock worth $1,633,000 after purchasing an additional 16,198 shares during the period. Institutional investors and hedge funds own 95.67% of the company’s stock.

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.