Analysts Set BorgWarner Inc. (NYSE:BWA) PT at $66.77

BorgWarner Inc. (NYSE:BWA) has been assigned a consensus recommendation of “Moderate Buy” from the fourteen ratings firms that are currently covering the company, Marketbeat.com reports. Seven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $66.7692.

A number of equities analysts have issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of BorgWarner in a report on Monday, April 20th. New Street Research set a $66.00 price objective on BorgWarner in a report on Thursday, February 12th. Evercore reiterated an “outperform” rating and issued a $75.00 price objective on shares of BorgWarner in a report on Tuesday, February 17th. Wells Fargo & Company decreased their price objective on BorgWarner to $68.00 and set an “overweight” rating for the company in a report on Tuesday, March 31st. Finally, Bank of America assumed coverage on BorgWarner in a report on Wednesday, March 4th. They issued a “neutral” rating for the company.

Insider Transactions at BorgWarner

In other news, EVP Paul Arthur Farrell sold 12,012 shares of the stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $52.31, for a total value of $628,347.72. Following the sale, the executive vice president directly owned 38,238 shares of the company’s stock, valued at approximately $2,000,229.78. This represents a 23.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Isabelle Mckenzie sold 2,458 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $61.54, for a total value of $151,265.32. Following the completion of the sale, the vice president directly owned 66,351 shares in the company, valued at approximately $4,083,240.54. This represents a 3.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 78,083 shares of company stock valued at $4,638,585. 0.76% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On BorgWarner

Institutional investors have recently modified their holdings of the stock. Root Financial Partners LLC purchased a new stake in shares of BorgWarner in the third quarter worth $27,000. Prosperity Bancshares Inc purchased a new stake in shares of BorgWarner in the fourth quarter worth $37,000. Mather Group LLC. purchased a new stake in shares of BorgWarner during the third quarter valued at $41,000. Sound Income Strategies LLC boosted its position in shares of BorgWarner by 9,888.9% during the fourth quarter. Sound Income Strategies LLC now owns 899 shares of the auto parts company’s stock valued at $42,000 after buying an additional 890 shares during the last quarter. Finally, Torren Management LLC purchased a new stake in shares of BorgWarner during the fourth quarter valued at $48,000. 95.67% of the stock is owned by hedge funds and other institutional investors.

BorgWarner Price Performance

Shares of BorgWarner stock opened at $57.35 on Friday. The company has a quick ratio of 1.70, a current ratio of 2.07 and a debt-to-equity ratio of 0.69. The company has a market cap of $11.82 billion, a PE ratio of 45.88, a P/E/G ratio of 1.18 and a beta of 1.00. The business has a 50 day moving average of $54.38 and a 200 day moving average of $49.62. BorgWarner has a 52 week low of $28.92 and a 52 week high of $70.08.

BorgWarner (NYSE:BWA) last announced its earnings results on Wednesday, February 11th. The auto parts company reported $1.35 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.19. The company had revenue of $3.57 billion during the quarter, compared to the consensus estimate of $3.49 billion. BorgWarner had a return on equity of 17.89% and a net margin of 1.93%.The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.01 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. As a group, equities research analysts forecast that BorgWarner will post 5.14 earnings per share for the current year.

BorgWarner Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, June 1st. BorgWarner’s dividend payout ratio is currently 54.40%.

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.