Geode Capital Management LLC Purchases 423,933 Shares of BorgWarner Inc. $BWA

Geode Capital Management LLC increased its position in shares of BorgWarner Inc. (NYSE:BWA) by 10.9% during the 4th quarter, Holdings Channel reports. The firm owned 4,297,717 shares of the auto parts company’s stock after acquiring an additional 423,933 shares during the period. Geode Capital Management LLC’s holdings in BorgWarner were worth $193,695,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Arjuna Capital grew its stake in BorgWarner by 0.6% during the fourth quarter. Arjuna Capital now owns 34,932 shares of the auto parts company’s stock valued at $1,574,000 after acquiring an additional 215 shares in the last quarter. Seeds Investor LLC grew its stake in BorgWarner by 5.7% during the fourth quarter. Seeds Investor LLC now owns 5,086 shares of the auto parts company’s stock valued at $229,000 after acquiring an additional 274 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in BorgWarner by 0.4% during the fourth quarter. Nisa Investment Advisors LLC now owns 71,885 shares of the auto parts company’s stock valued at $3,239,000 after acquiring an additional 281 shares in the last quarter. Signaturefd LLC grew its stake in BorgWarner by 11.6% during the fourth quarter. Signaturefd LLC now owns 2,821 shares of the auto parts company’s stock valued at $127,000 after acquiring an additional 294 shares in the last quarter. Finally, HB Wealth Management LLC grew its stake in BorgWarner by 2.5% during the fourth quarter. HB Wealth Management LLC now owns 14,933 shares of the auto parts company’s stock valued at $673,000 after acquiring an additional 358 shares in the last quarter. 95.67% of the stock is currently owned by institutional investors.

Insider Transactions at BorgWarner

In other news, VP Isabelle Mckenzie sold 3,500 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $63.35, for a total value of $221,725.00. Following the sale, the vice president directly owned 57,828 shares in the company, valued at $3,663,403.80. The trade was a 5.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Tania Wingfield sold 5,000 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $63.24, for a total transaction of $316,200.00. Following the completion of the sale, the executive vice president owned 35,365 shares in the company, valued at approximately $2,236,482.60. This trade represents a 12.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 96,033 shares of company stock worth $5,792,558. 0.76% of the stock is currently owned by corporate insiders.

BorgWarner Stock Performance

BorgWarner stock opened at $76.58 on Thursday. The company’s 50-day moving average price is $59.42 and its 200-day moving average price is $52.89. BorgWarner Inc. has a twelve month low of $31.83 and a twelve month high of $78.82. The company has a quick ratio of 1.75, a current ratio of 2.13 and a debt-to-equity ratio of 0.69. The company has a market cap of $15.71 billion, a PE ratio of 45.31, a price-to-earnings-growth ratio of 1.42 and a beta of 1.07.

BorgWarner (NYSE:BWA) last posted its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.08. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The firm had revenue of $3.53 billion for the quarter, compared to the consensus estimate of $3.50 billion. During the same period in the previous year, the firm posted $1.11 EPS. The business’s quarterly revenue was up .5% on a year-over-year basis. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. On average, equities research analysts forecast that BorgWarner Inc. will post 5.18 EPS for the current fiscal year.

BorgWarner Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued a $0.17 dividend. The ex-dividend date is Monday, June 1st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.9%. BorgWarner’s payout ratio is 40.24%.

Analyst Ratings Changes

Several equities analysts recently weighed in on BWA shares. Barclays raised their target price 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. Wall Street Zen cut shares of BorgWarner from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. Bank of America started coverage on shares of BorgWarner in a research note on Wednesday, March 4th. They set a “neutral” rating for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BorgWarner in a research note on Monday, April 20th. Finally, Wells Fargo & Company raised their target price on shares of BorgWarner from $68.00 to $83.00 and gave the company an “overweight” rating in a research note on Tuesday. Seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $71.14.

About BorgWarner

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.