Global Retirement Partners LLC Invests $524,000 in BorgWarner Inc. $BWA

Global Retirement Partners LLC bought a new stake in shares of BorgWarner Inc. (NYSE:BWA) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 7,890 shares of the auto parts company’s stock, valued at approximately $524,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Clearstead Trust LLC bought a new position in BorgWarner during the second quarter worth about $28,000. Prosperity Bancshares Inc bought a new stake in shares of BorgWarner in the 4th quarter valued at approximately $37,000. Grove Bank & Trust raised its holdings in shares of BorgWarner by 4,304.3% in the 2nd quarter. Grove Bank & Trust now owns 1,013 shares of the auto parts company’s stock worth $67,000 after buying an additional 990 shares in the last quarter. Cedar Mountain Advisors LLC acquired a new position in shares of BorgWarner in the 1st quarter worth approximately $55,000. Finally, Torren Management LLC bought a new position in shares of BorgWarner during the 4th quarter worth approximately $48,000. Institutional investors and hedge funds own 95.67% of the company’s stock.

BorgWarner Trading Down 2.6%

Shares of BWA opened at $66.17 on Thursday. The stock has a fifty day moving average price of $66.69 and a two-hundred day moving average price of $61.40. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.76 and a current ratio of 2.13. BorgWarner Inc. has a 52-week low of $40.50 and a 52-week high of $78.82. The company has a market cap of $13.48 billion, a price-to-earnings ratio of 33.09, a PEG ratio of 1.22 and a beta of 1.10.

BorgWarner (NYSE:BWA) last announced its earnings results on Wednesday, August 5th. The auto parts company reported $1.42 EPS for the quarter, topping the consensus estimate of $1.28 by $0.14. The company had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $3.58 billion. BorgWarner had a return on equity of 19.10% and a net margin of 2.89%.The business’s revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.21 earnings per share. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. Analysts predict that BorgWarner Inc. will post 5.19 EPS for the current fiscal year.

BorgWarner declared that its board has authorized a stock repurchase program on Wednesday, August 5th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the auto parts company to buy up to 7.7% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

BorgWarner Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, September 1st. BorgWarner’s dividend payout ratio is 34.00%.

Analysts Set New Price Targets

Several analysts recently commented on the company. Weiss Ratings raised BorgWarner from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, June 29th. Wells Fargo & Company lifted their price objective on BorgWarner from $68.00 to $83.00 and gave the company an “overweight” rating in a report on Tuesday, June 2nd. Sanford C. Bernstein upgraded shares of BorgWarner to a “buy” rating in a research note on Wednesday, June 10th. Wolfe Research reaffirmed an “outperform” rating and issued a $95.00 target price on shares of BorgWarner in a report on Wednesday, June 3rd. Finally, JPMorgan Chase & Co. lifted their price target on shares of BorgWarner from $75.00 to $85.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Nine equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, BorgWarner has an average rating of “Moderate Buy” and a consensus target price of $75.93.

BorgWarner 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.