Northwestern Mutual Wealth Management Co. bought a new position in shares of BorgWarner Inc. (NYSE:BWA – Free Report) during the 2nd quarter, Holdings Channel.com reports. The firm bought 8,334 shares of the auto parts company’s stock, valued at approximately $553,000.
A number of other institutional investors have also recently made changes to their positions in BWA. Inspire Investing LLC raised its position in shares of BorgWarner by 2.8% during the fourth quarter. Inspire Investing LLC now owns 7,223 shares of the auto parts company’s stock worth $325,000 after acquiring an additional 195 shares during the last quarter. Lazard Asset Management LLC lifted its stake in shares of BorgWarner by 1.0% in the fourth quarter. Lazard Asset Management LLC now owns 21,719 shares of the auto parts company’s stock worth $979,000 after acquiring an additional 206 shares during the period. Arjuna Capital boosted its holdings in BorgWarner by 0.6% in the fourth quarter. Arjuna Capital now owns 34,932 shares of the auto parts company’s stock valued at $1,574,000 after acquiring an additional 215 shares during the last quarter. Fifth Third Wealth Advisors LLC boosted its holdings in BorgWarner by 3.2% in the first quarter. Fifth Third Wealth Advisors LLC now owns 7,064 shares of the auto parts company’s stock valued at $383,000 after acquiring an additional 216 shares during the last quarter. Finally, Ariadne Wealth Management LP increased its position in BorgWarner by 3.8% during the 1st quarter. Ariadne Wealth Management LP now owns 5,958 shares of the auto parts company’s stock valued at $323,000 after purchasing an additional 218 shares during the period. Institutional investors own 95.67% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on BWA shares. Morgan Stanley raised their price target on shares of BorgWarner from $67.00 to $71.00 and gave the stock an “equal weight” rating in a report on Thursday, August 6th. TD Cowen upped their price objective on shares of BorgWarner from $67.00 to $68.00 and gave the company a “hold” rating in a research note on Thursday, August 6th. Deutsche Bank Aktiengesellschaft set a $80.00 price objective on shares of BorgWarner in a research report on Thursday, August 6th. The Goldman Sachs Group restated a “buy” rating and issued a $84.00 target price on shares of BorgWarner in a report on Thursday, June 11th. Finally, JPMorgan Chase & Co. increased 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. Nine analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, BorgWarner has a consensus rating of “Moderate Buy” and an average price target of $75.93.
BorgWarner Stock Performance
Shares of BWA stock opened at $64.66 on Thursday. The firm has a 50 day moving average of $65.89 and a 200-day moving average of $61.97. The company has a market cap of $13.17 billion, a price-to-earnings ratio of 32.33, a price-to-earnings-growth ratio of 1.17 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. BorgWarner Inc. has a 52 week low of $40.50 and a 52 week high of $78.82.
BorgWarner (NYSE:BWA – Get Free Report) last released its earnings results on Wednesday, August 5th. The auto parts company reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.14. The company had revenue of $3.65 billion for the quarter, compared to the consensus estimate of $3.58 billion. BorgWarner had a net margin of 2.89% and a return on equity of 19.10%. BorgWarner’s quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.21 EPS. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. On average, equities analysts forecast that BorgWarner Inc. will post 5.19 earnings per share for the current year.
BorgWarner Announces Dividend
The business also recently disclosed 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. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, September 1st. BorgWarner’s dividend payout ratio is 34.00%.
BorgWarner announced that its Board of Directors has approved a share buyback plan on Wednesday, August 5th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the auto parts company to reacquire up to 7.7% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.
Insider Transactions at BorgWarner
In other news, Director Rajesh Kalathur purchased 7,407 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were acquired at an average price of $67.59 per share, for a total transaction of $500,639.13. Following the completion of the acquisition, the director 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Amy B. Kulikowski sold 2,900 shares of the firm’s stock in a transaction that occurred 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 sale, the chief accounting officer directly owned 9,725 shares of the company’s stock, valued at $667,135. This trade represents a 22.97% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.76% of the stock is owned by corporate insiders.
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.
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