Wall Street Zen Upgrades BorgWarner (NYSE:BWA) to “Buy”

BorgWarner (NYSE:BWA) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday, Wall Street Zen reports.

A number of other analysts also recently weighed in on BWA. JPMorgan Chase & Co. upped their target price on BorgWarner from $75.00 to $85.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Deutsche Bank Aktiengesellschaft set a $80.00 price target on BorgWarner in a research report on Thursday, August 6th. UBS Group dropped their price target on BorgWarner from $95.00 to $91.00 and set a “buy” rating for the company in a research note on Wednesday. Robert W. Baird set a $79.00 price objective on shares of BorgWarner in a research report on Thursday, August 6th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of BorgWarner in a research note on Friday, September 25th. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, BorgWarner presently has an average rating of “Moderate Buy” and an average price target of $78.57.

BorgWarner Stock Up 0.2%

NYSE BWA opened at $61.43 on Friday. The company has a current ratio of 2.13, a quick ratio of 1.76 and a debt-to-equity ratio of 0.67. BorgWarner has a 1-year low of $40.50 and a 1-year high of $78.82. The company has a 50 day moving average of $64.44 and a 200-day moving average of $63.54. The company has a market cap of $12.51 billion, a price-to-earnings ratio of 30.72, a PEG ratio of 1.10 and a beta of 1.16.

BorgWarner (NYSE:BWA) last issued its quarterly earnings results on Wednesday, August 5th. The auto parts company reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.14. The business had revenue of $3.65 billion during 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 firm’s revenue for the quarter was up .3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.21 earnings per share. BorgWarner has set its FY 2026 guidance at 5.050-5.300 EPS. On average, equities research analysts expect that BorgWarner will post 5.20 earnings per share for the current fiscal year.

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

Insiders Place Their Bets

In other BorgWarner news, CAO Amy Kulikowski sold 2,900 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $68.60, for a total transaction of $198,940.00. Following the completion of the sale, the chief accounting officer directly owned 9,725 shares in the company, valued at $667,135. This represents a 22.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Rajesh Kalathur bought 7,407 shares of BorgWarner stock in a transaction on Wednesday, August 19th. The stock was acquired at an average cost of $67.59 per share, for a total transaction of $500,639.13. Following the acquisition, the director owned 7,407 shares in the company, valued at approximately $500,639.13. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.76% of the company’s stock.

Institutional Trading of BorgWarner

Institutional investors and hedge funds have recently modified their holdings of the business. Riversedge Advisors LLC grew its position in shares of BorgWarner by 10.0% in the 3rd quarter. Riversedge Advisors LLC now owns 4,886 shares of the auto parts company’s stock valued at $294,000 after buying an additional 443 shares during the last quarter. GAMMA Investing LLC raised its position in shares of BorgWarner by 5.0% during the third quarter. GAMMA Investing LLC now owns 9,884 shares of the auto parts company’s stock worth $594,000 after acquiring an additional 471 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of BorgWarner by 7.3% during the third quarter. Farther Finance Advisors LLC now owns 10,290 shares of the auto parts company’s stock worth $619,000 after acquiring an additional 703 shares during the last quarter. Apella Capital LLC acquired a new position in shares of BorgWarner in the third quarter worth approximately $252,000. Finally, Valeo Financial Advisors LLC lifted its stake in shares of BorgWarner by 4.1% in the third quarter. Valeo Financial Advisors LLC now owns 6,364 shares of the auto parts company’s stock worth $383,000 after acquiring an additional 248 shares during the period. 95.67% of the stock is currently owned by institutional investors.

BorgWarner Company Profile

BorgWarner Inc is a global automotive supplier that develops and manufactures propulsion, drivetrain, thermal-management and emissions technologies. The company serves automakers and commercial-vehicle manufacturers, supplying components and systems for internal-combustion, hybrid and electric vehicles.

Its product portfolio includes turbochargers, transmission systems, all-wheel-drive and four-wheel-drive technologies, clutches, timing systems, battery systems, power electronics, electric motors, thermal-management products and charging-related technologies.