Brevan Howard Capital Management LP Has $4.35 Million Stake in BorgWarner Inc. $BWA

Brevan Howard Capital Management LP lowered its holdings in BorgWarner Inc. (NYSE:BWA) by 69.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 98,962 shares of the auto parts company’s stock after selling 226,531 shares during the period. Brevan Howard Capital Management LP’s holdings in BorgWarner were worth $4,350,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. raised its position in shares of BorgWarner by 2.5% in the third quarter. Vanguard Group Inc. now owns 27,578,374 shares of the auto parts company’s stock valued at $1,212,345,000 after buying an additional 667,788 shares in the last quarter. Dimensional Fund Advisors LP grew its position in BorgWarner by 1.3% during the third quarter. Dimensional Fund Advisors LP now owns 11,782,629 shares of the auto parts company’s stock worth $517,960,000 after buying an additional 155,871 shares in the last quarter. State Street Corp increased its stake in BorgWarner by 5.3% during the 2nd quarter. State Street Corp now owns 7,633,760 shares of the auto parts company’s stock worth $255,578,000 after acquiring an additional 380,942 shares during the period. AQR Capital Management LLC raised its holdings in BorgWarner by 119.7% in the 3rd quarter. AQR Capital Management LLC now owns 7,518,776 shares of the auto parts company’s stock valued at $330,525,000 after acquiring an additional 4,095,902 shares in the last quarter. Finally, LSV Asset Management lifted its position in shares of BorgWarner by 4.7% during the 3rd quarter. LSV Asset Management now owns 6,043,654 shares of the auto parts company’s stock valued at $265,679,000 after acquiring an additional 272,387 shares during the period. 95.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

BWA has been the topic of several analyst reports. JPMorgan Chase & Co. increased their target price on BorgWarner from $56.00 to $76.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Wells Fargo & Company boosted their price target on BorgWarner from $52.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of BorgWarner in a research note on Wednesday, January 21st. Bank of America began coverage on shares of BorgWarner in a report on Wednesday, March 4th. They issued a “neutral” rating on the stock. Finally, The Goldman Sachs Group boosted their target price on shares of BorgWarner from $54.00 to $78.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Eight equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $61.31.

BorgWarner Stock Down 3.8%

BWA stock opened at $50.52 on Monday. The stock has a market capitalization of $10.46 billion, a P/E ratio of 40.41, a price-to-earnings-growth ratio of 1.03 and a beta of 1.04. The company has a current ratio of 2.07, a quick ratio of 1.70 and a debt-to-equity ratio of 0.69. BorgWarner Inc. has a 12 month low of $24.40 and a 12 month high of $70.08. The firm has a 50-day moving average price of $52.73 and a 200-day moving average price of $46.95.

BorgWarner (NYSE:BWA) last announced its quarterly earnings results on Wednesday, February 11th. The auto parts company reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.19. The company 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 firm’s revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.01 EPS. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, equities research analysts anticipate that BorgWarner Inc. will post 4.28 EPS for the current fiscal year.

BorgWarner Dividend Announcement

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

Insider Activity at BorgWarner

In other news, VP Stefan Demmerle sold 2,500 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $53.03, for a total value of $132,575.00. Following the completion of the transaction, the vice president directly owned 233,746 shares in the company, valued at approximately $12,395,550.38. This represents a 1.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Isabelle Mckenzie sold 3,500 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $63.26, for a total value of $221,410.00. Following the sale, the vice president directly owned 68,809 shares in the company, valued at approximately $4,352,857.34. This trade represents a 4.84% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 78,083 shares of company stock valued at $4,638,585. 0.63% of the stock is owned by company insiders.

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.