Jupiter Topco LLC Purchases New Stake in BorgWarner Inc. $BWA

Jupiter Topco LLC purchased a new stake in shares of BorgWarner Inc. (NYSE:BWA) in the 2nd quarter, Holdings Channel reports. The fund purchased 89,450 shares of the auto parts company’s stock, valued at approximately $5,937,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Clearstead Trust LLC bought a new position in shares of BorgWarner in the second quarter valued at about $28,000. Prosperity Bancshares Inc bought a new stake in shares of BorgWarner during the 4th quarter worth about $37,000. Ceredex Value Advisors LLC acquired a new position in BorgWarner in the 2nd quarter valued at about $40,000. Fiduciary Financial Advisors acquired a new position in BorgWarner in the 2nd quarter valued at about $49,000. Finally, Cedar Mountain Advisors LLC bought a new position in BorgWarner in the 1st quarter valued at about $55,000. 95.67% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Wolfe Research restated an “outperform” rating and set a $95.00 price objective on shares of BorgWarner in a research report on Wednesday, June 3rd. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $84.00 target price on shares of BorgWarner in a research report on Thursday, June 11th. UBS Group upgraded BorgWarner from a “neutral” rating to a “buy” rating and increased their target price for the stock from $61.00 to $95.00 in a research note on Wednesday, June 10th. JPMorgan Chase & Co. lifted their price target on BorgWarner from $75.00 to $85.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Finally, Deutsche Bank Aktiengesellschaft set a $80.00 price target on BorgWarner in a research note on Thursday, August 6th. Ten analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $76.67.

BorgWarner Price Performance

Shares of BorgWarner stock opened at $64.32 on Tuesday. BorgWarner Inc. has a twelve month low of $40.50 and a twelve month high of $78.82. 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 company has a 50-day simple moving average of $65.43 and a two-hundred day simple moving average of $62.21. The stock has a market capitalization of $13.10 billion, a price-to-earnings ratio of 32.16, a price-to-earnings-growth ratio of 1.15 and a beta of 1.10.

BorgWarner (NYSE:BWA) last announced its earnings results on Wednesday, August 5th. The auto parts company reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.14. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. The firm had revenue of $3.65 billion for the quarter, compared to analyst estimates of $3.58 billion. During the same quarter in the prior year, the business posted $1.21 EPS. The business’s revenue was up .3% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. Analysts forecast that BorgWarner Inc. will post 5.2 EPS for the current year.

BorgWarner Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors 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 dividend on an annualized basis and a yield of 1.1%. BorgWarner’s dividend payout ratio is currently 34.00%.

BorgWarner announced that its Board of Directors has initiated a share repurchase program on Wednesday, August 5th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the auto parts company to purchase up to 7.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In related news, Director Rajesh Kalathur acquired 7,407 shares of the stock in a transaction on Wednesday, August 19th. The shares were purchased at an average price of $67.59 per share, for a total transaction of $500,639.13. Following the purchase, the director directly owned 7,407 shares in the company, valued at approximately $500,639.13. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Amy B. Kulikowski sold 2,900 shares of BorgWarner stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $68.60, for a total value of $198,940.00. Following the completion of the transaction, the chief accounting officer directly owned 9,725 shares of the company’s stock, valued at $667,135. This represents a 22.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.76% of the company’s stock.

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.