Tounjian Advisory Partners LLC Trims Stake in BorgWarner Inc. $BWA

Tounjian Advisory Partners LLC decreased its position in BorgWarner Inc. (NYSE:BWA) by 24.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 37,966 shares of the auto parts company’s stock after selling 12,374 shares during the period. Tounjian Advisory Partners LLC’s holdings in BorgWarner were worth $1,669,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in BorgWarner by 7.8% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 56,411 shares of the auto parts company’s stock worth $1,889,000 after buying an additional 4,078 shares during the last quarter. CWM LLC lifted its stake in shares of BorgWarner by 218.3% in the third quarter. CWM LLC now owns 235,861 shares of the auto parts company’s stock worth $10,368,000 after buying an additional 161,755 shares in the last quarter. Jackson Creek Investment Advisors LLC acquired a new position in BorgWarner during the third quarter worth about $1,876,000. Columbia Bank purchased a new position in BorgWarner during the second quarter worth approximately $239,000. Finally, Ritholtz Wealth Management purchased a new position in BorgWarner during the third quarter worth about $1,016,000. Hedge funds and other institutional investors own 95.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Robert W. Baird set a $76.00 target price on BorgWarner in a research report on Thursday, February 12th. TD Cowen reissued a “hold” rating on shares of BorgWarner in a research report on Thursday, February 12th. Wells Fargo & Company raised their target price on shares of BorgWarner from $52.00 to $75.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. The Goldman Sachs Group lifted their price target on BorgWarner from $54.00 to $78.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Finally, Barclays upped their price target on BorgWarner from $55.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Eight investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $59.14.

Insiders Place Their Bets

In other news, VP Isabelle Mckenzie sold 2,458 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $61.54, for a total transaction of $151,265.32. Following the completion of the sale, the vice president directly owned 66,351 shares of the company’s stock, valued at $4,083,240.54. This trade represents a 3.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Tonit M. Calaway sold 9,725 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $62.61, for a total value of $608,882.25. Following the transaction, the executive vice president directly owned 230,526 shares in the company, valued at approximately $14,433,232.86. This represents a 4.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 49,550 shares of company stock worth $3,156,141 in the last quarter. 0.45% of the stock is currently owned by corporate insiders.

BorgWarner Trading Down 0.6%

Shares of BWA stock opened at $57.54 on Friday. The company has a current ratio of 2.07, a quick ratio of 1.70 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $11.91 billion, a price-to-earnings ratio of 46.03, a PEG ratio of 1.16 and a beta of 1.09. The firm has a 50-day moving average price of $51.26 and a 200 day moving average price of $46.14. BorgWarner Inc. has a twelve month low of $24.40 and a twelve month high of $70.08.

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

BorgWarner Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be issued 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 1.2%. BorgWarner’s payout ratio is currently 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.