Mawer Investment Management Ltd. Sells 58,055 Shares of BorgWarner Inc. $BWA

Mawer Investment Management Ltd. cut its holdings in BorgWarner Inc. (NYSE:BWA) by 6.2% during the 4th quarter, Holdings Channel reports. The fund owned 874,457 shares of the auto parts company’s stock after selling 58,055 shares during the period. Mawer Investment Management Ltd.’s holdings in BorgWarner were worth $39,403,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. New Mexico Educational Retirement Board bought a new position in BorgWarner in the fourth quarter worth approximately $1,974,000. Peapack Gladstone Financial Corp raised its position in BorgWarner by 11.2% in the fourth quarter. Peapack Gladstone Financial Corp now owns 61,523 shares of the auto parts company’s stock worth $2,772,000 after acquiring an additional 6,217 shares during the period. Rothschild Wealth LLC bought a new position in BorgWarner in the fourth quarter worth approximately $253,000. BNP Paribas Financial Markets raised its position in BorgWarner by 25.8% in the fourth quarter. BNP Paribas Financial Markets now owns 195,253 shares of the auto parts company’s stock worth $8,798,000 after acquiring an additional 40,051 shares during the period. Finally, Impact Partnership Wealth LLC bought a new position in BorgWarner in the fourth quarter worth approximately $512,000. 95.67% of the stock is currently owned by institutional investors.

Insider Activity at BorgWarner

In related news, EVP Tania Wingfield sold 5,000 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $63.24, for a total transaction of $316,200.00. Following the completion of the transaction, the executive vice president directly owned 35,365 shares of the company’s stock, valued at approximately $2,236,482.60. This trade represents a 12.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Tonit M. Calaway sold 14,021 shares of the firm’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $51.46, for a total transaction of $721,520.66. Following the transaction, the executive vice president directly owned 204,913 shares of the company’s stock, valued at $10,544,822.98. The trade was a 6.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 96,033 shares of company stock valued at $5,792,558 in the last ninety days. Corporate insiders own 0.76% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Wolfe Research upgraded shares of BorgWarner from a “peer perform” rating to an “outperform” rating and set a $68.00 price target on the stock in a research report on Wednesday, March 25th. UBS Group raised their price objective on shares of BorgWarner from $56.00 to $61.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Evercore restated an “outperform” rating and set a $75.00 price objective on shares of BorgWarner in a research report on Tuesday, February 17th. Wells Fargo & Company decreased their price objective on shares of BorgWarner to $68.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 31st. Finally, Bank of America assumed coverage on shares of BorgWarner in a research report on Wednesday, March 4th. They set a “neutral” rating on the stock. Seven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, BorgWarner has an average rating of “Moderate Buy” and an average price target of $68.14.

BorgWarner Stock Down 1.2%

Shares of BWA stock opened at $70.99 on Tuesday. The company has a market capitalization of $14.56 billion, a price-to-earnings ratio of 42.01, a PEG ratio of 1.38 and a beta of 1.07. The company’s fifty day moving average price is $58.53 and its 200-day moving average price is $52.47. BorgWarner Inc. has a one year low of $31.83 and a one year high of $73.88. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.13 and a quick ratio of 1.75.

BorgWarner (NYSE:BWA) last posted its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.08. The company 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 quarterly revenue was up .5% on a year-over-year basis. During the same period last 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 expect that BorgWarner Inc. will post 5.18 EPS for the current fiscal year.

BorgWarner Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Monday, June 1st. BorgWarner’s dividend payout ratio (DPR) is presently 40.24%.

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.