Analysts Set BorgWarner Inc. (NYSE:BWA) Target Price at $74.57

Shares of BorgWarner Inc. (NYSE:BWA) have received an average rating of “Moderate Buy” from the fifteen research firms that are currently covering the company, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $74.5714.

A number of research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft set a $81.00 target price on shares of BorgWarner in a report on Tuesday, April 21st. Wall Street Zen upgraded BorgWarner from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. UBS Group raised BorgWarner from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $61.00 to $95.00 in a report on Wednesday, June 10th. JPMorgan Chase & Co. upped their target price on BorgWarner from $73.00 to $75.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Finally, Wells Fargo & Company raised their price target on BorgWarner from $68.00 to $83.00 and gave the company an “overweight” rating in a research report on Tuesday, June 2nd.

Insider Buying and Selling at BorgWarner

In other BorgWarner news, VP Isabelle Mckenzie sold 3,500 shares of BorgWarner stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $63.35, for a total transaction of $221,725.00. Following the completion of the transaction, the vice president owned 57,828 shares in the company, valued at approximately $3,663,403.80. The trade was a 5.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 transaction of $1,185,200.00. Following the completion of the sale, the vice president owned 213,746 shares in the company, valued at $12,666,587.96. This represents a 8.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 67,500 shares of company stock valued at $4,310,115. Insiders own 0.76% of the company’s stock.

Hedge Funds Weigh In On BorgWarner

Several hedge funds have recently bought and sold shares of BWA. Dimensional Fund Advisors LP lifted its position in shares of 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 acquiring an additional 178,853 shares in the last quarter. AQR Capital Management LLC increased its position in BorgWarner by 22.7% during the 4th quarter. AQR Capital Management LLC now owns 9,222,352 shares of the auto parts company’s stock worth $415,559,000 after purchasing an additional 1,703,576 shares in the last quarter. State Street Corp raised 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. LSV Asset Management raised its stake in BorgWarner by 6.7% in the 4th quarter. LSV Asset Management now owns 6,446,541 shares of the auto parts company’s stock valued at $290,481,000 after purchasing an additional 402,887 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in BorgWarner by 10.9% in the 4th quarter. Geode Capital Management LLC now owns 4,297,717 shares of the auto parts company’s stock valued at $193,695,000 after purchasing an additional 423,933 shares in the last quarter. Hedge funds and other institutional investors own 95.67% of the company’s stock.

BorgWarner Stock Performance

NYSE:BWA opened at $64.43 on Friday. The company has a quick ratio of 1.75, a current ratio of 2.13 and a debt-to-equity ratio of 0.69. BorgWarner has a fifty-two week low of $34.27 and a fifty-two week high of $78.82. The stock has a market cap of $13.22 billion, a PE ratio of 38.12, a price-to-earnings-growth ratio of 1.37 and a beta of 1.09. The firm’s fifty day simple moving average is $67.92 and its 200-day simple moving average is $58.95.

BorgWarner (NYSE:BWA) last announced its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.24 EPS for the quarter, beating the consensus estimate 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%. The business’s revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter last year, the business earned $1.11 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Analysts expect that BorgWarner will post 5.16 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Monday, June 1st. BorgWarner’s dividend payout ratio is presently 40.24%.

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.