Tudor Investment Corp ET AL Sells 395,464 Shares of BorgWarner Inc. $BWA

Tudor Investment Corp ET AL lessened its holdings in BorgWarner Inc. (NYSE:BWA) by 73.4% in the third quarter, HoldingsChannel reports. The fund owned 143,665 shares of the auto parts company’s stock after selling 395,464 shares during the period. Tudor Investment Corp ET AL’s holdings in BorgWarner were worth $6,316,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of BWA. Root Financial Partners LLC acquired a new position in BorgWarner in the third quarter valued at about $27,000. Mather Group LLC. acquired a new position in BorgWarner in the third quarter valued at about $41,000. Quent Capital LLC acquired a new position in BorgWarner in the third quarter valued at about $55,000. Hantz Financial Services Inc. raised its stake in BorgWarner by 32.7% in the third quarter. Hantz Financial Services Inc. now owns 1,470 shares of the auto parts company’s stock valued at $65,000 after purchasing an additional 362 shares in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new position in BorgWarner in the third quarter valued at about $70,000. Institutional investors own 95.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Piper Sandler reaffirmed 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BorgWarner in a research note on Wednesday, January 21st. UBS Group raised BorgWarner from a “sell” rating to a “neutral” rating and set a $55.00 price target for the company in a research note on Friday, March 6th. Robert W. Baird set a $76.00 price target on BorgWarner in a research note on Thursday, February 12th. Finally, Morgan Stanley set a $60.00 price target on BorgWarner in a research note on Thursday, February 12th. Eight analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $63.23.

BorgWarner Stock Down 1.3%

Shares of NYSE BWA opened at $52.40 on Wednesday. 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 cap of $10.80 billion, a price-to-earnings ratio of 41.92, a PEG ratio of 1.08 and a beta of 1.04. BorgWarner Inc. has a 12 month low of $24.40 and a 12 month high of $70.08. The stock has a 50-day moving average price of $54.64 and a two-hundred day moving average price of $48.12.

BorgWarner (NYSE:BWA) last issued 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 firm had revenue of $3.57 billion during the quarter, compared to the consensus estimate of $3.49 billion. BorgWarner had a return on equity of 17.89% and a net margin of 1.93%.The business’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter 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, analysts forecast that BorgWarner Inc. will post 4.28 earnings per share for the current fiscal year.

BorgWarner Dividend Announcement

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

Insider Activity

In other BorgWarner news, VP Stefan Demmerle sold 2,500 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $53.03, for a total transaction of $132,575.00. Following the completion of the transaction, the vice president owned 233,746 shares of the company’s stock, valued at approximately $12,395,550.38. The trade was a 1.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Tonit M. Calaway sold 16,000 shares of the business’s 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 transaction, the executive vice president directly owned 240,251 shares of the company’s stock, valued at approximately $15,635,535.08. The trade was a 6.24% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 78,083 shares of company stock valued at $4,638,585. Corporate insiders own 0.45% of the company’s stock.

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.