BorgWarner Inc. $BWA Shares Purchased by Rhumbline Advisers

Rhumbline Advisers increased its position in shares of BorgWarner Inc. (NYSE:BWA) by 1.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 559,406 shares of the auto parts company’s stock after purchasing an additional 10,426 shares during the period. Rhumbline Advisers owned 0.26% of BorgWarner worth $24,591,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd lifted its holdings in BorgWarner by 1,133.3% in the second quarter. Caitong International Asset Management Co. Ltd now owns 777 shares of the auto parts company’s stock valued at $26,000 after acquiring an additional 714 shares during the last quarter. Assetmark Inc. raised its position in BorgWarner by 81.8% in the second quarter. Assetmark Inc. now owns 809 shares of the auto parts company’s stock valued at $27,000 after purchasing an additional 364 shares during the period. Addison Advisors LLC grew its holdings in shares of BorgWarner by 1,647.8% during the 2nd quarter. Addison Advisors LLC now owns 804 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 758 shares during the period. Root Financial Partners LLC acquired a new stake in shares of BorgWarner during the 3rd quarter worth about $27,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in BorgWarner in the 2nd quarter valued at about $32,000. 95.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. UBS Group increased their target price on shares of BorgWarner from $46.00 to $49.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Piper Sandler reaffirmed a “neutral” rating and set a $51.00 price objective (down previously from $52.00) on shares of BorgWarner in a research report on Thursday, January 8th. Barclays boosted their target price on BorgWarner from $55.00 to $70.00 and gave the company an “overweight” rating in a research report on Thursday. New Street Research set a $66.00 price target on BorgWarner in a research report on Thursday. Finally, Morgan Stanley set a $60.00 price objective on BorgWarner in a research note on Thursday. Eight investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $57.14.

BorgWarner Price Performance

Shares of NYSE BWA opened at $62.71 on Tuesday. The stock’s 50-day moving average is $48.54 and its two-hundred day moving average is $44.89. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.07 and a quick ratio of 1.70. The company has a market cap of $12.98 billion, a price-to-earnings ratio of 50.17, a price-to-earnings-growth ratio of 1.24 and a beta of 1.09. BorgWarner Inc. has a 1-year low of $24.40 and a 1-year high of $70.08.

BorgWarner (NYSE:BWA) last released its earnings results on Wednesday, February 11th. The auto parts company reported $1.35 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.19. The firm had revenue of $3.57 billion for the quarter, compared to analyst estimates of $3.49 billion. BorgWarner had a net margin of 1.93% and a return on equity of 17.89%. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.01 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Analysts forecast that BorgWarner Inc. will post 4.28 EPS for the current fiscal year.

BorgWarner Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be paid a dividend of $0.17 per share. The ex-dividend date is Monday, March 2nd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. BorgWarner’s payout ratio is presently 54.40%.

BorgWarner Company Profile

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.