BorgWarner Inc. (NYSE:BWA – Get Free Report) VP Stefan Demmerle sold 5,000 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $65.00, for a total transaction of $325,000.00. Following the completion of the sale, the vice president directly owned 203,746 shares in the company, valued at approximately $13,243,490. This represents a 2.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Stefan Demmerle also recently made the following trade(s):
- On Monday, May 11th, Stefan Demmerle sold 5,000 shares of BorgWarner stock. The shares were sold at an average price of $62.00, for a total transaction of $310,000.00.
- On Friday, May 8th, Stefan Demmerle sold 20,000 shares of BorgWarner stock. The stock was sold at an average price of $59.26, for a total transaction of $1,185,200.00.
- On Tuesday, March 10th, Stefan Demmerle sold 2,500 shares of BorgWarner stock. The stock was sold at an average price of $53.03, for a total transaction of $132,575.00.
BorgWarner Stock Up 0.6%
NYSE BWA traded up $0.39 on Thursday, hitting $67.26. 4,099,971 shares of the company were exchanged, compared to its average volume of 2,839,085. The company has a market cap of $13.80 billion, a PE ratio of 39.80, a PEG ratio of 1.23 and a beta of 1.00. BorgWarner Inc. has a 12 month low of $31.83 and a 12 month high of $70.31. The stock has a fifty day moving average of $54.88 and a 200-day moving average of $50.42. The company has a current ratio of 2.13, a quick ratio of 1.75 and a debt-to-equity ratio of 0.69.
BorgWarner Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a dividend of $0.17 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.68 annualized dividend and a yield of 1.0%. BorgWarner’s dividend payout ratio is currently 40.24%.
Analyst Ratings Changes
Several research analysts recently issued reports on BWA shares. UBS Group increased their target price on shares of BorgWarner from $56.00 to $61.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Wells Fargo & Company cut their target price on shares of BorgWarner to $68.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 31st. TD Cowen raised their price objective on shares of BorgWarner from $66.00 to $67.00 and gave the company a “hold” rating in a research note on Thursday, May 7th. Barclays raised their price objective on shares of BorgWarner from $70.00 to $75.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Finally, Evercore reaffirmed an “outperform” rating and issued a $75.00 price objective on shares of BorgWarner in a research note on Tuesday, February 17th. Seven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, BorgWarner presently has a consensus rating of “Moderate Buy” and an average target price of $67.64.
Get Our Latest Analysis on BWA
Key BorgWarner News
Here are the key news stories impacting BorgWarner this week:
- Positive Sentiment: JPMorgan Chase & Co. raised its price target on BorgWarner to $75 from $73 and reiterated an overweight rating, implying additional upside from current levels. Benzinga
- Positive Sentiment: The company recently reported better-than-expected quarterly results, with EPS of $1.24 versus $1.16 expected and revenue of $3.53 billion versus $3.50 billion expected, reinforcing confidence in earnings momentum.
- Positive Sentiment: Analyst commentary remains constructive overall, with BorgWarner holding a Moderate Buy consensus and several firms lifting targets in recent weeks, including Barclays and Wolfe Research.
- Neutral Sentiment: BorgWarner also announced a quarterly dividend of $0.17 per share, which supports shareholder returns but is not likely the main near-term stock driver.
- Negative Sentiment: Recent insider activity has been a headwind, with VP Isabelle Mckenzie and VP Stefan Demmerle both selling shares, which can sometimes pressure sentiment even if the sales are not necessarily negative for the business.
- Negative Sentiment: TD Cowen assigned only a Hold rating, showing that not all analysts see meaningful near-term upside despite the strong rebound in the shares. The Globe and Mail
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. Root Financial Partners LLC bought a new position in shares of BorgWarner in the third quarter valued at $27,000. Prosperity Bancshares Inc purchased a new stake in shares of BorgWarner in the fourth quarter valued at about $37,000. Sound Income Strategies LLC raised its holdings in shares of BorgWarner by 9,888.9% in the fourth quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock valued at $42,000 after purchasing an additional 890 shares during the last quarter. Torren Management LLC purchased a new stake in shares of BorgWarner in the fourth quarter valued at about $48,000. Finally, Olistico Wealth LLC purchased a new stake in shares of BorgWarner in the fourth quarter valued at about $50,000. 95.67% of the stock is 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.
Featured Stories
- Five stocks we like better than BorgWarner
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Receive News & Ratings for BorgWarner Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BorgWarner and related companies with MarketBeat.com's FREE daily email newsletter.
