Analysts Set BorgWarner Inc. (NYSE:BWA) PT at $46.46

BorgWarner Inc. (NYSE:BWA) has received an average recommendation of “Moderate Buy” from the seventeen research firms that are currently covering the stock, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $46.4615.

A number of brokerages have commented on BWA. Morgan Stanley restated an “equal weight” rating and issued a $49.00 price objective (up previously from $42.00) on shares of BorgWarner in a research note on Monday, December 8th. Robert W. Baird set a $54.00 price target on shares of BorgWarner in a research report on Friday, October 31st. Bank of America cut shares of BorgWarner from a “buy” rating to a “neutral” rating and raised their price target for the stock from $41.00 to $46.00 in a research note on Wednesday, September 10th. Wells Fargo & Company lowered their price objective on BorgWarner from $54.00 to $52.00 and set an “overweight” rating on the stock in a research note on Tuesday, December 9th. Finally, Zacks Research downgraded BorgWarner from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th.

BorgWarner Stock Performance

BWA opened at $45.12 on Monday. The stock has a 50-day moving average of $44.09 and a 200-day moving average of $41.20. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.69 and a current ratio of 2.05. BorgWarner has a 52-week low of $24.40 and a 52-week high of $46.39. The company has a market cap of $9.65 billion, a PE ratio of 71.62, a price-to-earnings-growth ratio of 0.95 and a beta of 1.06.

BorgWarner (NYSE:BWA) last announced its earnings results on Thursday, October 30th. The auto parts company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.08. BorgWarner had a return on equity of 16.72% and a net margin of 0.94%.The firm had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $3.58 billion. During the same quarter in the prior year, the company earned $1.09 EPS. The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. BorgWarner has set its FY 2025 guidance at 4.600-4.750 EPS. As a group, equities research analysts forecast that BorgWarner will post 4.28 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Monday, December 1st. BorgWarner’s dividend payout ratio (DPR) is currently 107.94%.

Insider Buying and Selling

In other BorgWarner news, VP Stefan Demmerle sold 5,000 shares of BorgWarner stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $46.00, for a total value of $230,000.00. Following the completion of the transaction, the vice president owned 204,040 shares in the company, valued at approximately $9,385,840. The trade was a 2.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Isabelle Mckenzie sold 3,200 shares of the firm’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $44.23, for a total value of $141,536.00. Following the completion of the sale, the vice president owned 43,555 shares of the company’s stock, valued at approximately $1,926,437.65. This trade represents a 6.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 23,200 shares of company stock worth $1,054,336. 0.45% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BWA. AQR Capital Management LLC increased its position in BorgWarner by 119.7% in the third quarter. AQR Capital Management LLC now owns 7,518,776 shares of the auto parts company’s stock worth $330,525,000 after purchasing an additional 4,095,902 shares during the period. Norges Bank acquired a new stake in shares of BorgWarner during the 2nd quarter worth approximately $110,234,000. Millennium Management LLC raised its stake in shares of BorgWarner by 144.7% during the first quarter. Millennium Management LLC now owns 2,009,744 shares of the auto parts company’s stock worth $57,579,000 after buying an additional 1,188,466 shares during the last quarter. Adage Capital Partners GP L.L.C. lifted its holdings in BorgWarner by 233.6% in the second quarter. Adage Capital Partners GP L.L.C. now owns 1,111,000 shares of the auto parts company’s stock valued at $37,196,000 after buying an additional 778,000 shares during the period. Finally, Electron Capital Partners LLC bought a new position in BorgWarner in the third quarter valued at approximately $31,820,000. Institutional investors own 95.67% 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.