BorgWarner Inc. $BWA Position Trimmed by Globeflex Capital L P

Globeflex Capital L P decreased its holdings in BorgWarner Inc. (NYSE:BWA) by 52.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,098 shares of the auto parts company’s stock after selling 20,016 shares during the period. Globeflex Capital L P’s holdings in BorgWarner were worth $982,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Acadian Asset Management LLC increased its stake in BorgWarner by 23.7% in the 1st quarter. Acadian Asset Management LLC now owns 8,979 shares of the auto parts company’s stock valued at $257,000 after buying an additional 1,723 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of BorgWarner during the 2nd quarter valued at $339,000. EverSource Wealth Advisors LLC grew its holdings in shares of BorgWarner by 400.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 5,531 shares of the auto parts company’s stock valued at $185,000 after acquiring an additional 4,426 shares in the last quarter. Marshall Wace LLP purchased a new position in shares of BorgWarner during the 2nd quarter valued at $247,000. Finally, Cerity Partners LLC increased its stake in shares of BorgWarner by 30.2% in the second quarter. Cerity Partners LLC now owns 143,841 shares of the auto parts company’s stock worth $4,816,000 after acquiring an additional 33,362 shares during the last quarter. 95.67% of the stock is owned by hedge funds and other institutional investors.

BorgWarner Stock Up 1.0%

BWA stock opened at $64.25 on Thursday. The company has a current ratio of 2.13, a quick ratio of 1.75 and a debt-to-equity ratio of 0.69. BorgWarner Inc. has a 1 year low of $34.27 and a 1 year high of $78.82. The company has a fifty day simple moving average of $67.97 and a 200 day simple moving average of $58.82. The firm has a market cap of $13.18 billion, a PE ratio of 38.02, a PEG ratio of 1.36 and a beta of 1.09.

BorgWarner (NYSE:BWA) last issued its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.08. The firm had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $3.50 billion. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. BorgWarner’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the prior year, the company posted $1.11 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Sell-side analysts anticipate that BorgWarner Inc. will post 5.16 EPS for the current fiscal year.

BorgWarner Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Monday, June 1st. BorgWarner’s dividend payout ratio is 40.24%.

Analysts Set New Price Targets

BWA has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft set a $81.00 price objective on BorgWarner in a report on Tuesday, April 21st. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $84.00 target price on shares of BorgWarner in a research report on Thursday, June 11th. Wolfe Research reaffirmed an “outperform” rating and set a $95.00 price target on shares of BorgWarner in a research note on Wednesday, June 3rd. JPMorgan Chase & Co. lifted their price target on BorgWarner from $73.00 to $75.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Finally, Sanford C. Bernstein raised BorgWarner to a “buy” rating in a research note on Wednesday, June 10th. Nine investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $74.57.

Insider Buying and Selling

In other BorgWarner news, EVP Tania Wingfield sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $63.24, for a total transaction of $316,200.00. Following the completion of the sale, the executive vice president owned 35,365 shares of the company’s stock, valued at $2,236,482.60. This represents a 12.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Stefan Demmerle sold 20,000 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $59.26, for a total value of $1,185,200.00. Following the transaction, the vice president owned 213,746 shares in the company, valued at approximately $12,666,587.96. This trade represents a 8.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 67,500 shares of company stock worth $4,310,115. Insiders own 0.76% 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.