Isabelle Mckenzie Sells 2,458 Shares of BorgWarner (NYSE:BWA) Stock

BorgWarner Inc. (NYSE:BWA) VP Isabelle Mckenzie sold 2,458 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $61.54, for a total transaction of $151,265.32. Following the transaction, the vice president owned 66,351 shares in the company, valued at approximately $4,083,240.54. This trade represents a 3.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Isabelle Mckenzie also recently made the following trade(s):

• On Friday, February 13th, Isabelle Mckenzie sold 3,500 shares of BorgWarner stock. The stock was sold at an average price of $63.26, for a total transaction of $221,410.00.

BorgWarner Stock Performance

Shares of NYSE:BWA traded down $1.09 on Thursday, reaching $60.63. The company’s stock had a trading volume of 1,539,355 shares, compared to its average volume of 3,053,596. BorgWarner Inc. has a 52-week low of $24.40 and a 52-week high of $70.08. The stock has a market capitalization of $12.55 billion, a P/E ratio of 48.53, a PEG ratio of 1.26 and a beta of 1.09. The stock’s 50-day moving average is $49.31 and its two-hundred day moving average is $45.19. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.07 and a quick ratio of 1.70.

BorgWarner (NYSE:BWA) last issued its quarterly earnings results on Wednesday, February 11th. The auto parts company reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.19. BorgWarner had a return on equity of 17.89% and a net margin of 1.93%.The firm had revenue of $3.57 billion for the quarter, compared to analysts’ expectations of $3.49 billion. During the same quarter in the previous year, the firm posted $1.01 EPS. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, sell-side analysts forecast that BorgWarner Inc. will post 4.28 EPS for the current year.

BorgWarner Announces Dividend

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 $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Monday, March 2nd. BorgWarner’s payout ratio is currently 54.40%.

Institutional Trading of BorgWarner

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of BorgWarner by 2.5% during the third quarter. Vanguard Group Inc. now owns 27,578,374 shares of the auto parts company’s stock worth $1,212,345,000 after acquiring an additional 667,788 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in BorgWarner by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 11,961,482 shares of the auto parts company’s stock valued at $538,996,000 after purchasing an additional 178,853 shares in the last quarter. AQR Capital Management LLC lifted its stake in BorgWarner by 22.7% in the fourth quarter. AQR Capital Management LLC now owns 9,222,352 shares of the auto parts company’s stock valued at $415,559,000 after acquiring an additional 1,703,576 shares during the last quarter. State Street Corp lifted its stake in BorgWarner by 5.3% in the 2nd quarter. State Street Corp now owns 7,633,760 shares of the auto parts company’s stock valued at $255,578,000 after purchasing an additional 380,942 shares during the last quarter. Finally, LSV Asset Management raised its stake in BorgWarner by 6.7% in the fourth quarter. LSV Asset Management now owns 6,446,541 shares of the auto parts company’s stock valued at $290,481,000 after buying an additional 402,887 shares during the period. 95.67% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have issued reports on BWA. Robert W. Baird set a $76.00 target price on BorgWarner in a research report on Thursday, February 12th. 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 report on Thursday, February 12th. Piper Sandler reissued a “neutral” rating and issued a $51.00 target price (down previously from $52.00) on shares of BorgWarner in a report on Thursday, January 8th. Barclays upped their price target on shares of BorgWarner from $55.00 to $70.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Finally, Morgan Stanley set a $60.00 price target on shares of BorgWarner in a report on Thursday, February 12th. Eight research analysts have rated the stock with a Buy rating and seven have assigned 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 $58.71.

BorgWarner Company Profile

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.