Kendall Capital Management Takes Position in BorgWarner Inc. $BWA

Kendall Capital Management bought a new position in BorgWarner Inc. (NYSE:BWA) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 61,885 shares of the auto parts company’s stock, valued at approximately $4,109,000.

Several other large investors have also added to or reduced their stakes in BWA. Elevation Point Wealth Partners LLC acquired a new position in BorgWarner during the 2nd quarter valued at about $612,000. Commerce Bank purchased a new stake in shares of BorgWarner in the second quarter worth approximately $1,354,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of BorgWarner in the second quarter worth approximately $553,000. Evolve Private Wealth LLC bought a new position in shares of BorgWarner in the second quarter valued at approximately $278,000. Finally, William Blair Investment Management LLC bought a new position in shares of BorgWarner in the second quarter valued at approximately $251,305,000. Institutional investors own 95.67% of the company’s stock.

BorgWarner Price Performance

Shares of NYSE BWA opened at $67.74 on Friday. The company has a market capitalization of $13.80 billion, a PE ratio of 33.87, a PEG ratio of 1.22 and a beta of 1.10. The company has a quick ratio of 1.76, a current ratio of 2.13 and a debt-to-equity ratio of 0.67. The stock’s 50 day moving average price is $66.34 and its 200-day moving average price is $61.56. BorgWarner Inc. has a twelve month low of $40.50 and a twelve month high of $78.82.

BorgWarner (NYSE:BWA) last issued its quarterly earnings results on Wednesday, August 5th. The auto parts company reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.14. The company had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $3.58 billion. BorgWarner had a return on equity of 19.10% and a net margin of 2.89%.BorgWarner’s revenue was up .3% on a year-over-year basis. During the same period last year, the business posted $1.21 earnings per share. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. On average, equities analysts anticipate that BorgWarner Inc. will post 5.19 EPS for the current year.

BorgWarner declared that its board has authorized a share buyback plan on Wednesday, August 5th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the auto parts company to repurchase up to 7.7% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

BorgWarner Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.68 annualized dividend and a dividend yield of 1.0%. BorgWarner’s dividend payout ratio (DPR) is currently 34.00%.

Insider Buying and Selling at BorgWarner

In related news, CAO Amy B. Kulikowski sold 2,900 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $68.60, for a total transaction of $198,940.00. Following the completion of the transaction, the chief accounting officer owned 9,725 shares in the company, valued at approximately $667,135. This represents a 22.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Rajesh Kalathur acquired 7,407 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were bought at an average price of $67.59 per share, with a total value of $500,639.13. Following the acquisition, the director directly owned 7,407 shares of the company’s stock, valued at $500,639.13. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.76% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on BWA shares. Wall Street Zen raised BorgWarner from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. JPMorgan Chase & Co. raised their price objective on BorgWarner from $75.00 to $85.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Wolfe Research reaffirmed an “outperform” rating and set a $95.00 price objective on shares of BorgWarner in a report on Wednesday, June 3rd. Morgan Stanley upped their target price on shares of BorgWarner from $67.00 to $71.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 6th. Finally, Weiss Ratings upgraded shares of BorgWarner from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, June 29th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $75.93.

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.