BorgWarner (NYSE:BWA) EVP Sells $628,347.72 in Stock

BorgWarner Inc. (NYSE:BWA) EVP Paul Arthur Farrell sold 12,012 shares of the stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $52.31, for a total transaction of $628,347.72. Following the completion of the sale, the executive vice president owned 38,238 shares in the company, valued at $2,000,229.78. This represents a 23.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

BorgWarner Price Performance

Shares of BorgWarner stock traded down $1.46 during trading on Friday, hitting $51.04. The stock had a trading volume of 544,964 shares, compared to its average volume of 3,089,304. 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 Inc. has a 12 month low of $24.40 and a 12 month high of $70.08. The firm has a market cap of $10.57 billion, a price-to-earnings ratio of 40.81, a P/E/G ratio of 1.08 and a beta of 1.04. The business’s 50-day moving average is $52.66 and its 200 day moving average is $46.85.

BorgWarner (NYSE:BWA) last posted its quarterly earnings data 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. The company had revenue of $3.57 billion during the quarter, compared to analyst estimates of $3.49 billion. BorgWarner had a return on equity of 17.89% and a net margin of 1.93%.The firm’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the company earned $1.01 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, sell-side analysts anticipate that BorgWarner Inc. will post 4.28 earnings per share for the current year.

BorgWarner Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Monday, March 2nd. BorgWarner’s dividend payout ratio (DPR) is currently 54.40%.

Hedge Funds Weigh In On BorgWarner

A number of large investors have recently bought and sold shares of the stock. Root Financial Partners LLC purchased a new position in shares of BorgWarner in the third quarter worth $27,000. Prosperity Bancshares Inc bought a new stake in BorgWarner in the 4th quarter worth $37,000. Sound Income Strategies LLC increased its position in shares of BorgWarner by 9,888.9% in the fourth quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock valued at $42,000 after acquiring an additional 890 shares during the period. Mather Group LLC. bought a new position in shares of BorgWarner during the third quarter valued at about $41,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in shares of BorgWarner during the second quarter worth about $32,000. 95.67% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

BWA has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of BorgWarner from $56.00 to $76.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Evercore reaffirmed an “outperform” rating and set a $75.00 price target on shares of BorgWarner in a research note on Tuesday, February 17th. Bank of America started coverage on BorgWarner in a research report on Wednesday, March 4th. They set a “neutral” rating on the stock. Morgan Stanley set a $60.00 price objective on BorgWarner in a report on Thursday, February 12th. Finally, The Goldman Sachs Group upped their target price on BorgWarner from $54.00 to $78.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Eight equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $61.31.

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.