256,748 Shares in BorgWarner Inc. $BWA Purchased by Retirement Systems of Alabama

Retirement Systems of Alabama bought a new stake in BorgWarner Inc. (NYSE:BWA) in the 4th quarter, Holdings Channel reports. The institutional investor bought 256,748 shares of the auto parts company’s stock, valued at approximately $11,569,000.

Several other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of BorgWarner by 2.5% during 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 during the period. Dimensional Fund Advisors LP raised its holdings in BorgWarner by 1.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 11,782,629 shares of the auto parts company’s stock valued at $517,960,000 after acquiring an additional 155,871 shares during the last quarter. State Street Corp lifted its stake in shares of 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 purchasing an additional 380,942 shares during the period. AQR Capital Management LLC boosted its holdings in shares of BorgWarner by 119.7% during the third quarter. AQR Capital Management LLC now owns 7,518,776 shares of the auto parts company’s stock worth $330,525,000 after purchasing an additional 4,095,902 shares during the last quarter. Finally, LSV Asset Management boosted its holdings in shares of BorgWarner by 4.7% during the third quarter. LSV Asset Management now owns 6,043,654 shares of the auto parts company’s stock worth $265,679,000 after purchasing an additional 272,387 shares during the last quarter. 95.67% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Tonit M. Calaway sold 16,000 shares of the stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $65.08, for a total value of $1,041,280.00. Following the completion of the transaction, the executive vice president owned 240,251 shares of the company’s stock, valued at approximately $15,635,535.08. This represents a 6.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Paul Arthur Farrell sold 12,012 shares of the firm’s stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $52.31, for a total transaction of $628,347.72. Following the sale, the executive vice president directly owned 38,238 shares of the company’s stock, valued at $2,000,229.78. The trade was a 23.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 78,083 shares of company stock valued at $4,638,585. Corporate insiders own 0.45% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on BWA shares. Piper Sandler reissued a “neutral” rating and issued a $51.00 price target (down from $52.00) on shares of BorgWarner in a research note on Thursday, January 8th. JPMorgan Chase & Co. increased their price objective on shares of BorgWarner from $56.00 to $76.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Barclays raised their target price on shares of BorgWarner from $55.00 to $70.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. 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 report on Thursday, February 12th. Finally, Morgan Stanley set a $60.00 price target on shares of BorgWarner in a research note 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $63.23.

BorgWarner Stock Performance

Shares of NYSE:BWA opened at $52.80 on Friday. The business has a 50-day moving average of $54.45 and a two-hundred day moving average of $47.94. The firm has a market capitalization of $10.88 billion, a PE ratio of 42.24, a P/E/G ratio of 1.08 and a beta of 1.04. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.07 and a quick ratio of 1.70. BorgWarner Inc. has a 12 month low of $24.40 and a 12 month high of $70.08.

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

BorgWarner Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were given 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 was Monday, March 2nd. 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.