BorgWarner (NYSE:BWA) EVP Sells $721,520.66 in Stock

BorgWarner Inc. (NYSE:BWA) EVP Tonit Calaway sold 14,021 shares of BorgWarner stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $51.46, for a total value of $721,520.66. Following the sale, the executive vice president directly owned 204,913 shares of the company’s stock, valued at approximately $10,544,822.98. This trade represents a 6.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

BorgWarner Price Performance

BWA traded down $0.54 during midday trading on Tuesday, hitting $52.71. The stock had a trading volume of 2,535,908 shares, compared to its average volume of 4,417,145. The company has a market cap of $10.91 billion, a P/E ratio of 10.85, a price-to-earnings-growth ratio of 1.08 and a beta of 1.04. BorgWarner Inc. has a 1 year low of $24.40 and a 1 year high of $70.08. The business has a fifty day moving average of $52.35 and a 200 day moving average of $46.77. 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 (NYSE:BWA) last announced its quarterly earnings data on Wednesday, February 11th. The auto parts company reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.19. The company had revenue of $3.57 billion during the quarter, compared to analysts’ expectations of $3.49 billion. BorgWarner had a net margin of 1.93% and a return on equity of 17.89%. The firm’s revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.01 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, equities analysts forecast that BorgWarner Inc. will post 4.28 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Monday, March 2nd. BorgWarner’s dividend payout ratio is currently 54.40%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Evercore restated an “outperform” rating and set a $75.00 price target on shares of BorgWarner in a report on Tuesday, February 17th. Piper Sandler reissued a “neutral” rating and set a $51.00 target price (down from $52.00) on shares of BorgWarner in a research note on Thursday, January 8th. Barclays upped their target price on BorgWarner from $55.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. New Street Research set a $66.00 price target on shares of BorgWarner in a report on Thursday, February 12th. Finally, TD Cowen reissued a “hold” rating on shares of BorgWarner in a research report on Thursday, February 12th. Eight research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, BorgWarner currently has a consensus rating of “Moderate Buy” and an average target price of $61.31.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Acadian Asset Management LLC boosted its position in shares of BorgWarner by 23.7% in the 1st quarter. Acadian Asset Management LLC now owns 8,979 shares of the auto parts company’s stock worth $257,000 after purchasing an additional 1,723 shares in the last quarter. Sivia Capital Partners LLC bought a new position in BorgWarner in the 2nd quarter worth about $339,000. Envestnet Asset Management Inc. increased its stake in BorgWarner by 0.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 276,199 shares of the auto parts company’s stock valued at $9,247,000 after purchasing an additional 2,054 shares in the last quarter. Assetmark Inc. increased its position in shares of BorgWarner by 81.8% during the second quarter. Assetmark Inc. now owns 809 shares of the auto parts company’s stock valued at $27,000 after acquiring an additional 364 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in BorgWarner by 0.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,892,232 shares of the auto parts company’s stock valued at $63,352,000 after purchasing an additional 17,071 shares during the last quarter. 95.67% of the stock is currently owned by institutional investors.

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.