Goldman Sachs Group Inc. Acquires 423,665 Shares of BorgWarner Inc. $BWA

Goldman Sachs Group Inc. lifted its position in shares of BorgWarner Inc. (NYSE:BWA) by 21.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,408,989 shares of the auto parts company’s stock after acquiring an additional 423,665 shares during the quarter. Goldman Sachs Group Inc.’s holdings in BorgWarner were worth $108,549,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in BWA. AQR Capital Management LLC raised its position 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 acquiring an additional 4,095,902 shares during the last quarter. Norges Bank bought a new stake in shares of BorgWarner during the fourth quarter worth $156,794,000. Adage Capital Partners GP L.L.C. raised its position in shares of BorgWarner by 233.6% during the second quarter. Adage Capital Partners GP L.L.C. now owns 1,111,000 shares of the auto parts company’s stock worth $37,196,000 after acquiring an additional 778,000 shares during the last quarter. Electron Capital Partners LLC bought a new stake in shares of BorgWarner during the third quarter worth $31,820,000. Finally, Robeco Institutional Asset Management B.V. raised its position in shares of BorgWarner by 64.9% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,835,337 shares of the auto parts company’s stock worth $82,700,000 after acquiring an additional 722,356 shares during the last quarter. Institutional investors own 95.67% of the company’s stock.

Insider Buying and Selling at BorgWarner

In related news, VP Stefan Demmerle sold 5,000 shares of BorgWarner stock in a transaction on Wednesday, May 13th. The stock was 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 of the company’s stock, valued at $13,243,490. The trade was a 2.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Tania Wingfield sold 5,000 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $63.24, for a total value of $316,200.00. Following the completion of the transaction, the executive vice president directly owned 35,365 shares of the company’s stock, valued at approximately $2,236,482.60. The trade was a 12.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 79,512 shares of company stock valued at $4,938,463 over the last quarter. 0.76% of the stock is owned by corporate insiders.

BorgWarner Stock Down 3.4%

Shares of BorgWarner stock opened at $73.28 on Wednesday. The company has a quick ratio of 1.75, a current ratio of 2.13 and a debt-to-equity ratio of 0.69. BorgWarner Inc. has a 12 month low of $32.24 and a 12 month high of $78.82. The business has a fifty day simple moving average of $61.00 and a 200 day simple moving average of $53.76. The stock has a market cap of $15.03 billion, a PE ratio of 43.36, a price-to-earnings-growth ratio of 1.45 and a beta of 1.07.

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

BorgWarner Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.9%. BorgWarner’s payout ratio is 40.24%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on BWA shares. Wells Fargo & Company boosted their target price on BorgWarner from $68.00 to $83.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 2nd. UBS Group upgraded BorgWarner from a “neutral” rating to a “buy” rating in a research report on Wednesday. New Street Research set a $66.00 target price on BorgWarner in a research report on Thursday, February 12th. Morgan Stanley boosted their target price on BorgWarner from $60.00 to $67.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 27th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $95.00 price objective on shares of BorgWarner in a research note on Wednesday, June 3rd. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $71.14.

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.