BorgWarner Inc. $BWA Shares Bought by Empowered Funds LLC

Empowered Funds LLC boosted its holdings in shares of BorgWarner Inc. (NYSE:BWA) by 114.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 365,999 shares of the auto parts company’s stock after acquiring an additional 195,612 shares during the period. Empowered Funds LLC’s holdings in BorgWarner were worth $19,859,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of BWA. Quantinno Capital Management LP grew its position in shares of BorgWarner by 4.1% in the first quarter. Quantinno Capital Management LP now owns 381,449 shares of the auto parts company’s stock valued at $20,697,000 after purchasing an additional 14,957 shares in the last quarter. SummitTX Capital L.P. acquired a new stake in shares of BorgWarner in the first quarter valued at approximately $2,151,000. Lazard Asset Management LLC lifted its position in BorgWarner by 172.4% during the first quarter. Lazard Asset Management LLC now owns 59,173 shares of the auto parts company’s stock worth $3,211,000 after buying an additional 37,454 shares in the last quarter. Family Manage LLC boosted its stake in BorgWarner by 15.6% during the first quarter. Family Manage LLC now owns 19,550 shares of the auto parts company’s stock worth $1,061,000 after buying an additional 2,633 shares during the last quarter. Finally, Waverly Advisors LLC boosted its stake in BorgWarner by 8.3% during the first quarter. Waverly Advisors LLC now owns 9,544 shares of the auto parts company’s stock worth $518,000 after buying an additional 731 shares during the last quarter. Institutional investors and hedge funds own 95.67% of the company’s stock.

Wall Street Analyst Weigh In

BWA has been the subject of a number of analyst reports. TD Cowen upped their price objective on shares of BorgWarner from $66.00 to $67.00 and gave the company a “hold” rating in a report on Thursday, May 7th. Barclays boosted their target price on shares of BorgWarner from $75.00 to $83.00 and gave the company an “overweight” rating in a report on Thursday, July 9th. The Goldman Sachs Group reissued a “buy” rating and issued a $84.00 price target on shares of BorgWarner in a research note on Thursday, June 11th. Sanford C. Bernstein upgraded shares of BorgWarner to a “buy” rating in a report on Wednesday, June 10th. Finally, Wall Street Zen raised shares of BorgWarner from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Nine research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $74.57.

BorgWarner Trading Down 0.8%

Shares of BWA stock opened at $63.19 on Wednesday. BorgWarner Inc. has a fifty-two week low of $34.27 and a fifty-two week high of $78.82. The company has a 50 day moving average price of $68.02 and a 200 day moving average price of $59.29. The stock has a market capitalization of $12.96 billion, a P/E ratio of 37.39, a price-to-earnings-growth ratio of 1.36 and a beta of 1.09. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.75 and a current ratio of 2.13.

BorgWarner (NYSE:BWA) last announced its quarterly earnings data on Wednesday, May 6th. The auto parts company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.08. The business had revenue of $3.53 billion for the quarter, compared to analysts’ expectations of $3.50 billion. BorgWarner had a return on equity of 18.36% and a net margin of 2.53%.The company’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period last year, the firm earned $1.11 earnings per share. BorgWarner has set its FY 2026 guidance at 5.000-5.200 EPS. Equities research analysts predict that BorgWarner Inc. will post 5.16 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, VP Isabelle Mckenzie sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $63.35, for a total value of $221,725.00. Following the completion of the transaction, the vice president directly owned 57,828 shares of the company’s stock, valued at $3,663,403.80. This represents a 5.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Tania Wingfield sold 5,000 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $63.24, for a total transaction of $316,200.00. Following the completion of the transaction, the executive vice president owned 35,365 shares of the company’s stock, 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. In the last 90 days, insiders sold 67,500 shares of company stock valued at $4,310,115. 0.76% of the stock is owned by insiders.

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.