SG Americas Securities LLC Boosts Stake in BorgWarner Inc. $BWA

SG Americas Securities LLC grew its position in shares of BorgWarner Inc. (NYSE:BWA) by 831.2% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 834,699 shares of the auto parts company’s stock after buying an additional 745,063 shares during the quarter. SG Americas Securities LLC’s holdings in BorgWarner were worth $45,291,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its holdings in BorgWarner by 1.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 11,961,482 shares of the auto parts company’s stock worth $538,996,000 after acquiring an additional 178,853 shares during the period. AQR Capital Management LLC increased its position in shares of BorgWarner by 22.7% during the 4th quarter. AQR Capital Management LLC now owns 9,222,352 shares of the auto parts company’s stock valued at $415,559,000 after purchasing an additional 1,703,576 shares during the last quarter. State Street Corp increased its position 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 valued at $255,578,000 after purchasing an additional 380,942 shares during the last quarter. LSV Asset Management raised its stake in shares of BorgWarner by 6.7% during the 4th quarter. LSV Asset Management now owns 6,446,541 shares of the auto parts company’s stock worth $290,481,000 after purchasing an additional 402,887 shares during the period. Finally, Geode Capital Management LLC raised its stake in shares of BorgWarner by 10.9% during the 4th quarter. Geode Capital Management LLC now owns 4,297,717 shares of the auto parts company’s stock worth $193,695,000 after purchasing an additional 423,933 shares during the period. Hedge funds and other institutional investors own 95.67% of the company’s stock.

BorgWarner Price Performance

Shares of NYSE:BWA opened at $72.58 on Tuesday. The company has a 50 day moving average of $64.44 and a 200 day moving average of $55.65. The stock has a market cap of $14.89 billion, a P/E ratio of 42.95, a P/E/G ratio of 1.38 and a beta of 1.07. BorgWarner Inc. has a 12 month low of $32.24 and a 12 month high of $78.82. 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 (NYSE:BWA) last posted its earnings results on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.08. BorgWarner had a net margin of 2.53% and a return on equity of 18.36%. The business had revenue of $3.53 billion for the quarter, compared to analysts’ expectations of $3.50 billion. During the same period in the prior year, the company posted $1.11 EPS. The business’s revenue for the quarter was up .5% compared to the same quarter last year. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, sell-side analysts forecast that BorgWarner Inc. will post 5.18 EPS for the current fiscal year.

BorgWarner Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Monday, June 1st. BorgWarner’s dividend payout ratio (DPR) is 40.24%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Wolfe Research restated an “outperform” rating and set a $95.00 price target on shares of BorgWarner in a research report on Wednesday, June 3rd. Barclays lifted their price objective on shares of BorgWarner from $70.00 to $75.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Sanford C. Bernstein upgraded shares of BorgWarner to a “buy” rating in a research note on Wednesday, June 10th. Morgan Stanley increased their target price on shares of BorgWarner from $60.00 to $67.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 27th. Finally, TD Cowen raised their price target on shares of BorgWarner from $66.00 to $67.00 and gave the stock a “hold” rating in a research note on Thursday, May 7th. Nine analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $74.00.

Insiders Place Their Bets

In other BorgWarner news, VP Stefan Demmerle sold 5,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $65.00, for a total value of $325,000.00. Following the transaction, the vice president directly owned 203,746 shares in the company, valued at $13,243,490. This represents a 2.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Tania Wingfield sold 5,000 shares of the firm’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 sale, the executive vice president directly owned 35,365 shares in the company, valued at approximately $2,236,482.60. The trade was a 12.39% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 67,500 shares of company stock worth $4,310,115. 0.76% of the stock is currently owned by corporate insiders.

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.