BorgWarner (NYSE:BWA) Upgraded at Wolfe Research

Wolfe Research upgraded shares of BorgWarner (NYSE:BWA) from a peer perform rating to an outperform rating in a report released on Wednesday, MarketBeat Ratings reports. Wolfe Research currently has $68.00 price objective on the auto parts company’s stock.

Other analysts also recently issued reports about the stock. JPMorgan Chase & Co. increased their price target on shares of BorgWarner from $56.00 to $76.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Wells Fargo & Company lifted their target price on BorgWarner from $52.00 to $75.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Bank of America started coverage on shares of BorgWarner in a research report on Wednesday, March 4th. They set a “neutral” rating on the stock. Morgan Stanley set a $60.00 price target on BorgWarner in a research report on Thursday, February 12th. Finally, The Goldman Sachs Group upped their price objective on BorgWarner from $54.00 to $78.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Eight investment analysts have rated the stock with a Buy rating and seven have given 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 $63.77.

BorgWarner Stock Performance

NYSE BWA opened at $54.25 on Wednesday. The company’s fifty day moving average is $53.86 and its two-hundred day moving average is $47.61. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.07 and a quick ratio of 1.70. The firm has a market capitalization of $11.18 billion, a price-to-earnings ratio of 43.40, a P/E/G ratio of 1.12 and a beta of 1.04. BorgWarner has a 52-week low of $24.40 and a 52-week high of $70.08.

BorgWarner (NYSE:BWA) last posted its earnings results 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. The company had revenue of $3.57 billion during the quarter, compared to analysts’ expectations of $3.49 billion. BorgWarner had a net margin of 1.93% and a return on equity of 17.89%. BorgWarner’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.01 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Equities research analysts forecast that BorgWarner will post 4.28 EPS for the current year.

BorgWarner Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, March 2nd. BorgWarner’s dividend payout ratio is 54.40%.

Insider Activity

In other BorgWarner news, VP Stefan Demmerle sold 2,500 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $53.03, for a total transaction of $132,575.00. Following the sale, the vice president owned 233,746 shares of the company’s stock, valued at approximately $12,395,550.38. The trade was a 1.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Tonit M. Calaway sold 16,000 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $65.08, for a total transaction of $1,041,280.00. Following the transaction, the executive vice president directly owned 240,251 shares of the company’s stock, valued at $15,635,535.08. The trade was a 6.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 78,083 shares of company stock valued at $4,638,585. Corporate insiders own 0.45% of the company’s stock.

Hedge Funds Weigh In On BorgWarner

Large investors have recently added to or reduced their stakes in the business. Inspire Investing LLC boosted its holdings in BorgWarner by 2.8% during the fourth quarter. Inspire Investing LLC now owns 7,223 shares of the auto parts company’s stock worth $325,000 after purchasing an additional 195 shares during the last quarter. Lazard Asset Management LLC increased its stake in BorgWarner by 1.0% in the 4th quarter. Lazard Asset Management LLC now owns 21,719 shares of the auto parts company’s stock valued at $979,000 after buying an additional 206 shares during the last quarter. Arjuna Capital lifted its position in shares of BorgWarner by 0.6% during the 4th quarter. Arjuna Capital now owns 34,932 shares of the auto parts company’s stock worth $1,574,000 after buying an additional 215 shares in the last quarter. Quadrant Capital Group LLC lifted its position in shares of BorgWarner by 0.7% during the 4th quarter. Quadrant Capital Group LLC now owns 34,538 shares of the auto parts company’s stock worth $1,556,000 after buying an additional 246 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC boosted its stake in shares of BorgWarner by 4.1% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 6,832 shares of the auto parts company’s stock worth $300,000 after buying an additional 272 shares during the last quarter. Institutional investors 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.