State of Wyoming Purchases Shares of 12,778 BorgWarner Inc. $BWA

State of Wyoming acquired a new position in shares of BorgWarner Inc. (NYSE:BWA) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,778 shares of the auto parts company’s stock, valued at approximately $848,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sivia Capital Partners LLC bought a new position in BorgWarner during the 2nd quarter valued at about $339,000. Louisiana State Employees Retirement System bought a new stake in BorgWarner during the first quarter worth about $3,256,000. Securian Asset Management Inc. bought a new stake in BorgWarner during the fourth quarter worth about $702,000. Northwestern Mutual Investment Management Company LLC acquired a new stake in shares of BorgWarner during the fourth quarter worth approximately $2,157,000. Finally, Bessemer Group Inc. raised its stake in shares of BorgWarner by 5,773.0% in the fourth quarter. Bessemer Group Inc. now owns 201,386 shares of the auto parts company’s stock valued at $9,074,000 after acquiring an additional 197,957 shares during the last quarter. Institutional investors and hedge funds own 95.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on BWA shares. TD Cowen boosted their target price on BorgWarner from $67.00 to $68.00 and gave the stock a “hold” rating in a report on Thursday, August 6th. Wall Street Zen upgraded BorgWarner from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. UBS Group raised BorgWarner from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $61.00 to $95.00 in a research note on Wednesday, June 10th. The Goldman Sachs Group restated a “buy” rating and set a $84.00 target price on shares of BorgWarner in a report on Thursday, June 11th. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $95.00 price target on shares of BorgWarner in a report on Wednesday, June 3rd. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, BorgWarner currently has a consensus rating of “Moderate Buy” and an average target price of $75.93.

BorgWarner Stock Up 1.0%

NYSE:BWA opened at $68.52 on Friday. The stock’s fifty day moving average price is $67.02 and its two-hundred day moving average price is $60.89. BorgWarner Inc. has a 52-week low of $40.50 and a 52-week high of $78.82. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.76 and a current ratio of 2.13. The company has a market cap of $13.95 billion, a price-to-earnings ratio of 34.26, a P/E/G ratio of 1.24 and a beta of 1.10.

BorgWarner (NYSE:BWA) last announced its quarterly earnings data on Wednesday, August 5th. The auto parts company reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.14. The firm had revenue of $3.65 billion for the quarter, compared to analyst estimates of $3.58 billion. BorgWarner had a return on equity of 19.10% and a net margin of 2.89%.The business’s quarterly revenue was up .3% compared to the same quarter last year. During the same period last year, the company earned $1.21 EPS. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. On average, analysts anticipate that BorgWarner Inc. will post 5.19 EPS for the current year.

BorgWarner Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Tuesday, September 1st. BorgWarner’s dividend payout ratio (DPR) is presently 34.00%.

BorgWarner declared that its Board of Directors has initiated a stock repurchase plan on Wednesday, August 5th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the auto parts company to buy up to 7.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its shares are undervalued.

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.