Parkside Investments LLC Decreases Stock Position in BorgWarner Inc. $BWA

Parkside Investments LLC lessened its position in shares of BorgWarner Inc. (NYSE:BWA) by 24.4% during the third quarter, Holdings Channel reports. The institutional investor owned 128,725 shares of the auto parts company’s stock after selling 41,525 shares during the quarter. Parkside Investments LLC’s holdings in BorgWarner were worth $5,659,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Acadian Asset Management LLC raised its stake in BorgWarner by 23.7% in the 1st quarter. Acadian Asset Management LLC now owns 8,979 shares of the auto parts company’s stock valued at $257,000 after acquiring an additional 1,723 shares during the period. Sivia Capital Partners LLC bought a new position in BorgWarner during the second quarter worth about $339,000. Asset Management One Co. Ltd. purchased a new position in shares of BorgWarner in the second quarter worth about $1,412,000. Focus Partners Advisor Solutions LLC bought a new stake in shares of BorgWarner in the second quarter valued at approximately $455,000. Finally, Brighton Jones LLC purchased a new stake in shares of BorgWarner during the 2nd quarter valued at approximately $518,000. Institutional investors own 95.67% of the company’s stock.

Insider Buying and Selling

In related news, EVP Tonit M. Calaway sold 16,000 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $65.08, for a total value of $1,041,280.00. Following the transaction, the executive vice president directly owned 240,251 shares in the company, valued at approximately $15,635,535.08. This represents a 6.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Isabelle Mckenzie sold 3,500 shares of BorgWarner stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $63.26, for a total transaction of $221,410.00. Following the sale, the vice president owned 68,809 shares of the company’s stock, valued at approximately $4,352,857.34. The trade was a 4.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 49,550 shares of company stock worth $3,156,141. Insiders own 0.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on BWA shares. Piper Sandler reiterated a “neutral” rating and issued a $51.00 price objective (down from $52.00) on shares of BorgWarner in a research note on Thursday, January 8th. Robert W. Baird set a $76.00 price target on BorgWarner in a report on Thursday, February 12th. TD Cowen reiterated a “hold” rating on shares of BorgWarner in a research report on Thursday, February 12th. Barclays boosted their price objective on BorgWarner from $55.00 to $70.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Finally, JPMorgan Chase & Co. raised their target price on BorgWarner from $56.00 to $76.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Eight equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, BorgWarner presently has an average rating of “Hold” and a consensus target price of $59.14.

BorgWarner Trading Up 1.2%

BorgWarner stock opened at $58.87 on Wednesday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.70 and a current ratio of 2.07. BorgWarner Inc. has a fifty-two week low of $24.40 and a fifty-two week high of $70.08. The stock has a market cap of $12.19 billion, a P/E ratio of 47.10, a PEG ratio of 1.17 and a beta of 1.09. The firm’s fifty day moving average price is $50.46 and its 200-day moving average price is $45.83.

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

BorgWarner Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Monday, March 2nd. BorgWarner’s dividend payout ratio is 54.40%.

BorgWarner 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.